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Coinbase has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), alleging attempts to undermine the Bitcoin and cryptocurrency sector. The lawsuits, submitted on June 27th in the Washington D.C. district court, claim that the SEC and FDIC did not comply with
An anonymous Bitcoin donor has contributed over $500,000 in Bitcoin to cover the expenses for WikiLeaks founder Julian Assange's return to Australia. Assange has been released after pleading guilty in a U.S. court as part of a deal ending his 14-year legal battle. Julien Assange received
On June 26th, the US government transferred 3,940 Bitcoin to Coinbase Prime, Coinbase's platform for institutional trading. This transaction was identified by blockchain analytics firm Arkham Intelligence. The Bitcoin that was transferred had been confiscated from Banmeet Singh, a convicted drug trafficker, earlier in 2024. Singh was
Bitcoin • Politics • Jun 27, 2024On June 26th, the US government transferred 3,940 Bitcoin to Coinbase Prime, Coinbase's platform for institutional trading. This transaction was identified by blockchain analytics firm Arkham Intelligence. The Bitcoin that was transferred had been confiscated from Banmeet Singh, a convicted drug trafficker, earlier in 2024. Singh was
Bitcoin • Politics • Jun 27, 2024Coinbase has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), alleging attempts to undermine the Bitcoin and cryptocurrency sector. The lawsuits, submitted on June 27th in the Washington D.C. district court, claim that the SEC and FDIC did not comply with
Bitcoin • Business • Jun 27, 2024An anonymous Bitcoin donor has contributed over $500,000 in Bitcoin to cover the expenses for WikiLeaks founder Julian Assange's return to Australia. Assange has been released after pleading guilty in a U.S. court as part of a deal ending his 14-year legal battle. Julien Assange received
Bitcoin • News • Jun 26, 2024Congressman Matt Gaetz (R-FL) has proposed a new bill to allow federal income tax payments in Bitcoin, as first reported by the Daily Wire. This legislation seeks to amend the Internal Revenue Code of 1986, directing the Treasury Secretary to devise a plan for accepting Bitcoin as payment. BREAKING: Today,
Bitcoin • Economy • Jun 25, 2024Donald Trump recently met with David Bailey, CEO of Bitcoin Magazine, along with several prominent U.S. Bitcoin miners. During the meeting, Trump pledged to advocate for Bitcoin mining both in Washington D.C. and internationally. Today was a historic moment in our journey towards hyperbitcoinization. The former and next
Bitcoin • Politics • Jun 13, 2024President Biden and the Democrats have recently been projecting a more moderate and conciliatory stance on Bitcoin and cryptocurrency issues. However, following a record-breaking surge in TikTok memberships for Trump, driven by his supporters, it is uncertain how the Democrats will regroup around Bitcoin and cryptocurrencies as an issue. Biden&
Bitcoin • Politics • Jun 03, 2024Donald Trump has become the first American President to accept Bitcoin Lightning Network payments for campaign donations. This announcement signifies a major milestone in integrating Bitcoin into mainstream politics, demonstrating Trump's commitment to advancing Bitcoin's future in the U.S. Trump's campaign has collaborated
Bitcoin • Politics • Jun 02, 2024The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21). This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for
Bitcoin • News • May 22, 2024