Opinion by: Kadan Stadelmann, chief technology officer, Komodo Platform The Crypto Task Force held a press conference in early February 2025. It struck the wrong tone. While the task force gave lip service to regulatory clarity, the goal seemed to placate the crypto industry, not bring about change that empowers individuals. On Jan. 23, the…
Follow live updates on the Trump administration here. President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to…
Today in crypto, CZ asks Elon Musk to ban automated bots on X, disappointment surrounding the US Strategic Bitcoin Reserve signals unrealistic investor expectations, and according to regulatory experts, Michael Saylor advocated for an aggressive US government approach to Bitcoin accumulation. CZ asks Elon Musk to get rid of automated bots on X Binance co-founder…
In February, Nigeria sued Binance for unpaid taxes and introduced new cryptocurrency taxations in an effort to boost its faltering economy, but it may not have the intended effects. As the 53rd largest economy in the world, Nigeria is predicted to enjoy the highest average GDP growth between 2010 and 2050, according to Citigroup. However,…
The crypto market never closes, so it was fitting President Donald Trump made the announcement on a Sunday: he was going to reward the billionaires who funded his presidential run. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,” Trump wrote in a post on Truth…
Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share of losses, said blockchain security firm CertiK. The Feb. 21 attack on Bybit by North Korea’s Lazarus Group was the largest crypto hack ever, more than doubling the $650 million Ronin…
Today in crypto, Bitcoin’s growing active addresses may signal an incoming turning point for the crypto market after the latest correction, the Ethereum Foundation announced new leadership, and US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation….
Today in crypto, the Ethereum Foundation announces new leadership, US President Donald Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation, and the Chicago Mercantile Exchange (CME) Group announced the launch of Solana futures contracts in March. Ethereum Foundation selects…
Illustration by Alex Castro / The Verge A little over a year after the collapse of the crypto banks Silvergate and Signature, financial institutions are very interested in crypto. PayPal has used its proprietary stablecoin to pay auditors Ernst & Young LLP, using a hub provided by SAP. Visa “is helping to bridge existing fiat…
OpenAI’s official press account on X appears to have been compromised by the same cryptocurrency scammers who did the same with company leadership in previous months. Late Monday afternoon, OpenAI Newsroom, an account OpenAI recently created to spotlight product- and policy-related announcements, posted about a supposedly new OpenAI-branded blockchain token, “$OPENAI.” “We’re very happy to…