The visa denial may signal a shift in U.S. diplomatic stance, potentially affecting future Palestinian state recognition and international relations. The post United states denies palestinian president mahmoud abbas entry visa for UN general assembly in New York next week – AFP appeared first on Crypto Briefing.
The attackers claiming to be behind the Revolut breach have dropped the earlier bitcoin demand and are now asking for 6,000 XMR, roughly $3 million, to keep 680 customer files off the market. According to the hackers speaking exclusively with the Financial Times (FT), Revolut didn’t lose customer data because hackers cracked its servers. The […]
Whale Alert reported a significant transfer of $182 million USDC from Aave to an unknown wallet. This on-chain activity, while notable, lacks broader implications for the market. Such movements can influence market sentiment, prompting traders to closely monitor further developments and reactions from large holders. For more details, check the original tweet. The Story So […]
Ethena Pay’s innovative yield-sharing model could disrupt traditional banking by offering competitive returns and fostering crypto adoption. The post Guy Young builds Ethena Pay neobank to deliver yield directly to users appeared first on Crypto Briefing.
US lawmakers took a step on Wednesday to put US President Donald Trump’s executive order to establish a strategic Bitcoin reserve into law. The American Reserve Modernization Act of 2026 (H.R. 8957) passed the US House Committee on Financial Services in a 28-21 vote. The bill would establish a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the Department of the Treasury for federally held Bitcoin and other digital assets acquired through criminal or civil forfeiture.“We cannot allow Bitcoin to be held by the federal government to languish in fragmented and inconsistent custody,” said US Representative Nicholas Begich, who introduced the bill on May 21. “It poses unacceptable cybersecurity risks and fails to give an adequate accounting of what the federal government actually owns.” The move brings Washington closer to making Bitcoin a lasting part of the federal government’s reserves.Related: CLARITY Act vote meets Fed rate hike: Five things to know in Bitcoin this weekThe US government is estimated to hold 324,527 Bitcoin, worth $24.7 billion at the time of writing, according to Arkham Intelligence. Under ARMA, Bitcoin in the federal government’s reserve would have to be held for a minimum of 20 years.The legislation requires all federal agencies to provide a full accounting of digital assets currently held or controlled by the federal government and establishes transparency measures, including quarterly “proof of reserve” reports and third-party audits. It would also direct a study of budget-neutral acquisition strategies for expanding the Strategic Bitcoin Reserve and allow states to store their Bitcoin in the Federal Reserve.The bill also affirms private ownership and self-custody rights of Bitcoin, describing the control of private keys as “fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.” Bitcoin Policy Institute executive director Connor Brown on Wednesday called it a “genuinely historic step for Bitcoin policy.”In May, Strive CEO Matt Cole called it “the single most important crypto legislation that can come out of DC.” The committee’s approval clears a hurdle for the legislation, but it still needs to pass the full House and Senate before reaching the president’s desk. Magazine: Revolut ID thefts highlight KYC’s dangers: Here’s how to fix it
Baron Capital founder Ron Baron told CNBC on Wednesday that now is the moment to buy Tesla stock, pointing to the carmaker’s self-driving software as the next driver of its share price. His firm holds roughly $5 billion in Tesla shares and about $25 billion in SpaceX, making it one of the largest outside backers […]
Goldman Sachs is deepening its institutional involvement with Hyperliquid, as shared by PURR CEO David Schamis. Initially met with skepticism, Goldman has since published research on Hyperliquid and engaged with around 20 investors, including Point72 and Citadel. This expanding interest signifies a notable shift, emphasizing a trend towards active research and platform usage, rather than […]
The European Central Bank has opened applications for online merchants to join a controlled pilot of the digital euro, its proposed retail central bank digital currency. The move brings the 2027 test closer to online checkout, but it does not put an issued digital euro into public circulation. The Sept. 15 merchant call gives EU-established e-commerce […]
The blocked arms sale highlights ongoing tensions between U.S. foreign policy priorities and humanitarian concerns in conflict zones. The post Democrats block Trump’s $2.8B weapons transfer to Israel appeared first on Crypto Briefing.
Ethereum (ETH) and the wider crypto market felt the impact of the Clarity Act failing to clear the Senate. Analysts had touted the bill as a major tailwind for the second-largest cryptocurrency. Expectations that its advance would trigger a rally have now been reset. The setback has left its mark on ETH. $ETH failed to […]
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.
