Sahil Thakur

Robert Kennedy Jr. Bitcoin

Robert Kennedy Jr. says he has most his wealth in Bitcoin

Presidential candidate Robert F. Kennedy Jr. reaffirmed his strong support for Bitcoin during the BTC 2024 conference in Nashville, emphasizing that most of his wealth is invested in the digital asset. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin,” he said. “I am fully committed.” This stance underscores …

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Ferrari cryptocurrency

Ferrari expands cryptocurrency payments to Europe

Ferrari has expanded its cryptocurrency payment solutions to Europe, following a successful launch in the United States in October. By the end of July, Ferrari’s European dealer network will be equipped to accept crypto payments for its luxury sports cars. This initiative will also extend to other international dealers in countries where cryptocurrency payments are …

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Synthia Lummis Bitcoin

Senator Cynthia Lummis plans for Strategic Bitcoin Reserve

Senator Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, Tennessee. This bill proposes that the Federal Reserve adopt Bitcoin as a strategic reserve asset. If successful, this legislation would mark a significant shift in U.S. monetary policy, positioning Bitcoin alongside traditional reserves like gold and …

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Ethereum first day

First day of Ethereum ETF sees $600M volume

The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately …

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Bitcoin ETF

$BTC ETF sees $533M in inflows just before $ETH ETF launch

$BTC ETF inflows reached $533 million ahead of the $ETH ETF launch, reflecting a strong interest in spot Bitcoin exchange-traded funds in the U.S. According to data from Farside Investors, these ETFs saw $533.6 million in inflows on July 22, the highest since June 4’s $886.6 million. This marks the third consecutive week of inflows …

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Trump El Salvador

Trump makes controversial El Salvador comments

The Bitcoin community is actively discussing former US President Donald Trump’s comments at the Republican National Convention. Trump claimed that El Salvador, led by Bitcoin advocate President Nayib Bukele, is “dumping criminals” into the US, sparking significant debate among Bitcoin enthusiasts and political observers. The Bitcoin community responded quickly. The Bitcoin Therapist warned Trump to …

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Binance.US treasuries

Judge allows Binance.US to invest user assets in treasuries

Binance.US has received judicial approval to invest certain customer assets in U.S. Treasury bills. This decision is part of an order setting conditions for the crypto exchange. Judge Jackson has been overseeing the SEC’s case against Binance. The SEC accused Binance and former CEO Changpeng Zhao of misleading customers, allowing U.S. investors to access Binance.com, …

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WazirX North Korea

WazirX reportedly hacked by North Korean hackers

Indian cryptocurrency exchange WazirX was the victim of a security breach on 18th July, 2024. And reports are now coming that this was a North Korean hacker group’s job. A cyber attack occurred in one of our [multi-signature] wallets involving a loss of funds exceeding $230 million,” the company stated. “This wallet was operated utilizing …

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WazirX hacked

Indian exchange WazirX reportedly hacked for $234M

On July 18, Cyvers Alert reported that Web3 security firm Cyvers detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. They believe that $234.9 million of funds were moved to a new address, with each transaction’s caller funded by Tornado Cash, a decentralized protocol for private transactions. The new address has already converted …

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