Bitcoin Mining Industry Generates 31,000+ Jobs in the US: Report
The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of…
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BTC-e Operator Released in US-Russia Prisoner Swap
Russian national Alexander Vinnik, previously convicted for running a multi-billion-dollar money-laundering operation through his BTC-e crypto exchange, has been released in a prisoner exchange between Russia and the United States.…
Estonian Nationals Plead Guilty in $577M HashFlare Crypto Ponzi Scheme
Two Estonian citizens pleaded guilty yesterday to running a massive cryptocurrency Ponzi scheme that defrauded hundreds of thousands of investors worldwide, including in the United States. The scheme involved a…
Michigan Lawmakers Propose Bitcoin Reserve Investment Plan for State Treasury
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the state’s financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward…
US State Strategic Bitcoin Reserves Could Buy $23B in BTC: VanEck
If state-level strategic Bitcoin reserve bills are enacted, “they could drive $23 billion in buying or 247,000 BTC,” said VanEck’s dead of digital assets research, Matthew Sigel, on Feb. 12.…
Bitcoin Consolidates Between $91K-$102K as Geopolitical Tensions Continue: Bitfinex Alpha
The past seven days have seen bitcoin (BTC) hover between $91,000 and $102,000. Analysts at crypto exchange Bitfinex revealed that the cryptocurrency’s stagnation in this range has extended its consolidation…
CFPB Weakened: Crypto Leaders Applaud as New Leadership Shuts Down Operations
Brian Armstrong and Tyler Winklevoss have celebrated the defanging of the Consumer Financial Protection Bureau (CFPB) following recent actions taken by the agency’s new leadership. Coinbase has reportedly been the…
Arthur Hayes Slams US Bitcoin Reserve Plans and Crypto Regulation Efforts
BitMEX co-founder Arthur Hayes has dismissed the idea of a U.S. Bitcoin reserve, calling it a politically driven and impractical concept. In his February 5 essay called “The Genie,” Hayes…
Empower Oversight Sues SEC for Withholding Crypto-Related Report
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) to obtain the final report on the agency’s decision-making regarding crypto-related issues. The SEC Office of…
US Prosecutors Charge Canadian Hacker in $65M Crypto Heist
U.S. authorities have charged 22-year-old Canadian Andean Medjedovic for allegedly stealing approximately $65 million from two decentralized finance (DeFi) protocols, Indexed Finance and KyberSwap. The U.S. Department of Justice (DOJ)…
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