US Senator Hagerty introduces ‘GENIUS’ stablecoin bill
Senator Bill Hagerty introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, aiming to regulate US dollar-pegged crypto tokens.
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PlusToken Scam Moves $123M in Bitcoin Just as BTC Price Regains $10K
As Bitcoin (BTC) and Ether (ETH) price rallied to new 2020 highs on Feb. 11, a large transaction totaling nearly 12,000 BTC was moved from a wallet associated with the PlusToken Ponzi scheme. Twitter-based crypto transaction bot, WhaleAlert, noted that “12,000 #BTC (118,852,619 USD) transferred from unknown wallet to unknown wallet.” This transaction was later followed…

Minneapolis Fed President Neel Kashkari calls DOGE a ponzi
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.” Federal Reserve Bank of Minneaopolis President Neel Kashkari took a jab at Dogecoin (DOGE) last week by referring to the meme coin as a ponzi, upping his rhetoric against cryptocurrencies. Kashkari’s comments were in response to a LinkedIn poll by Paul Grewal, the chief…

VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency. 203 Total views 4 Total shares American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it…

Cambodians Still Waiting on Central Bank Digital Currency
At the start of the year, Cambodia made headlines when the central bank announced it would be launching a national blockchain-based digital currency in the first quarter of 2020.Called “Bakong,” a month into the third quarter the currency hasn’t yet become fully operational. Speaking to reporters on July 27, the director-general of the National Bank of…

Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange
The startup has a total value of $2.2 billion following its latest Series C investment round. 1479 Total views 12 Total shares Mexican cryptocurrency exchange Bitso has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. The latest investment round gives Bitso a total value of…

Allbridge exploiter returns most of the $573K stolen in attack
An exploit resulted in around $573,000 in crypto looted from Allbridge, but the hacker has now seemingly accepted the offer of a “white hat bounty.” 197 Total views 11 Total shares Own this piece of history Collect this article as an NFTA large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge…

Which celebrities joined and left crypto in 2022?
The crypto world is still developing at lightning speed. The adoption of projects built on blockchain technology has increased tremendously in 2022, and this is partly due to the celebrities who have contributed to it. Thanks to these well-known people, crypto-related projects have reached a large audience, through their social media accounts and the many…

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekSBF and Alameda step in to prevent crypto collapse contagionSam Bankman-Fried stated…