Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025

The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or BofA, suggested a 20% drop is possible.The Dow Jones Industrial Average declined 7.55% since Oct. 12. Tech-heavy stock indices…

Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many business networks around the world – inconveniencing merchants, their customers, and even the middlemen tasked with processing their transactions.Volume limitations have also frustrated retailers who may have considered turning to crypto, while a lack of…

The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said. 146 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC…

Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.The proposed class-action driven by law firm Scott+Scott was published…

The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment.

Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer funds." Prime Trust's financial condition is "critically deficient" and the crypto custodian is unable to honor customer withdrawals according to a cease and desist from Nevada's business regulator.In a June 21 order, the Nevada, Department…

South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon. 1095 Total views 49 Total shares Own this piece of history Collect this article as an NFTSouth Korean prosecutors have identified 414.5 billion won ($314.2 million) in illicit assets associated with Terraform Labs co-founder Do Kwon…

A new study warns of a new ransomware attack method that runs a virtual machine on target computers in order to infect them with the ransomware. This may play the attack beyond the reach of the computer’s local antivirus software.According to the UK-based cybersecurity firm Sophos, the Ragnar Locker attack is quite selective when choosing…