Sen. Lummis proposes US government purchase 5% of total Bitcoin supply
    28 Jul 2024
    53 Views

    United States Senator Cynthia Lummis has introduced a bill proposing that the US government buy 5% of the world’s Bitcoin supply and hold it for at least 20 years. “It can be used for one purpose, to reduce our debt,” Lummis declared during her keynote speech at the Bitcoin 2024 Conference on July 27 in Nashville, Tennessee. Lummis explained…

    Trump to end war on crypto if elected, says US will be ‘crypto capital of the world’
    28 Jul 2024
    71 Views

    Former United States president and current Republican candidate Donald Trump announced his intent to make the United States the crypto capital of the world, if elected in November. After taking the stage an hour late, Trump addressed the crowd at the Bitcoin 2024 conference in Nashville, Tennessee, Trump said that he had great respect for…

    WazirX launches fund recovery plan post $230M hack
    28 Jul 2024
    72 Views

    In a move to address the recent cyberattack that resulted in the theft of approximately $230 million, Indian crypto exchange WazirX has announced a strategy for user fund recovery. The hack, which affected 45% of user funds, has led WazirX to implement measures aimed at minimizing disruption to its users and maintaining the platform’s stability. Approach to…