Texas has purchased $5 million worth of BlackRock’s bitcoin ETF as an initial step toward creating the first state-level bitcoin reserve in the U.S. “[O]ther states having previously invested in such funds with public-employee retirement money,” notes CoinDesk. “Michigan has been building such an investment, and Wisconsin sold its $350 Read more…
Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year. The dominant cryptocurrency fell below US$93,714 on Sunday, pushing the price beneath the closing level reached at the end of last year, when Read more…
A group representing the world’s biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity. Crypto exchange Coinbase and broker Robinhood are among those making a push into the nascent Read more…
150 weaponized Firefox extensions [impersonating popular cryptocurrency wallets like MetaMask and TronLink]. Nearly 500 malicious executables. Dozens of phishing websites. One coordinated attack infrastructure. According to user reports, over $1 million stolen. They upload 5-7 innocuous-looking extensions like link sanitizers, YouTube downloaders, and other common utilities with no actual functionality… Read more…
President Trump is set to sign an executive order opening up 401(k) retirements plans to alternative assets, like private equity, real estate, and cryptocurrency. The move has the potential to unlock trillions in new investment for asset managers outside of stocks, bonds, and cash, though critics say it also could Read more…
The SEC has launched “Project Crypto” to overhaul outdated securities regulations for a blockchain-based future, aiming to support tokenized assets, crypto trading, and “super apps.” “To achieve President Trump’s vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of Read more…
The House passed a bipartisan bill regulating stablecoins which now heads to President Trump’s desk as part of his push to make the U.S. the “crypto capital of the world.” Two other crypto-related bills — one defining digital asset market structure and another banning a U.S. central bank digital currency Read more…