US Archives - Page 2 of 5

Bryan Steil speaking at a congressional hearing about cryptocurrency regulations.

Wisconsin Lawmaker Bryan Steil to Chair US House Digital Assets Subcommittee

January 9, 2025 Dan K

U.S. retains $6.5B in seized Silk Road Bitcoin as DOJ denies sale rumors, with no evidence of liquidation despite reports of federal approval.

Rowland Marcus Andrade, AML Bitcoin creator, found guilty in California court for wire fraud and money laundering.

U.S. Retains $6.5B in Seized Silk Road Bitcoin Amid Sale Rumors

January 9, 2025 Dan K

U.S. retains $6.5B in seized Silk Road Bitcoin as DOJ denies rumors of liquidation despite reports of a federal ruling authorizing the sale.

Over 50% of crypto transactions in nations like Argentina and Venezuela involve stablecoins, per Chainalysis.

Trump’s Bitcoin Policies Depend on US Economic Standing: Ki Young Ju

December 29, 2024 Dan K

Ki Young Ju says Trump’s Bitcoin policies rely on US dollar dominance. Stablecoins extend USD hegemony as threats to US economy boost BTC demand.

Blockchain

Frax Finance Opens Vote on BlackRock’s BUIDL as Backing Asset for Stablecoin

December 27, 2024 Dan K

Frax Finance launches a vote to use BlackRock’s BUIDL fund as a reserve asset for its proposed stablecoin. All current votes favor the proposal.

Michael Saylor announces MicroStrategy’s Bitcoin holdings reaching 444,262 BTC after purchasing 5,262 BTC for $561 million.

MicroStrategy Acquires 5,262 BTC for $561M, Total Holdings Reach 444,262 BTC

December 23, 2024 Dan K

MicroStrategy buys 5,262 BTC for $561M, raising its holdings to 444,262 BTC. Joining Nasdaq 100 highlights its growing influence in Bitcoin advocacy.

Pump.fun announces PumpSwap DEX, aiming to rival Raydium in Solana’s memecoin market.

US Treasury and UAE Crack Down on North Korean Crypto Laundering Network

December 18, 2024 Dan K

US and UAE crack down on North Korean crypto laundering. Sanctions hit two Chinese nationals and a UAE firm aiding DPRK’s weapons and WMD funding.

Graph illustrating Bitcoin ETF holdings exceeding Satoshi Nakamoto’s Bitcoin stack.

US Bitcoin ETFs Surpass Satoshi’s Slumbering Stack

December 7, 2024 Dan K

U.S. Bitcoin ETFs surpass Satoshi Nakamoto’s 1.1M BTC stack, amassing $109B in Wall Street investments, marking a milestone for institutional crypto adoption.

Gavel and cryptocurrency symbols representing a legal dispute in the United States

US Judge Halts Arkansas Crypto Mining Laws in Chinese Ownership Case

November 27, 2024 Dan K

A US judge temporarily halted Arkansas laws targeting Chinese-owned crypto mining, citing potential constitutional violations and legislative overreach.