The University of Wyoming is launching the UW Bitcoin Research Institute in August. The new institute aims to provide “high-quality peer-reviewed” studies about Bitcoin. Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, announced the new institute on X on July 28. He will serve as the institute’s director. Rettler described the current…
In a move aimed at bolstering regulatory oversight and mitigating financial risks, the Swiss Financial Market Supervisory Authority (FINMA) has proposed new guidelines for stablecoin issuers. The proposal comes amid growing concerns over the potential impact of stablecoins on regulated institutions and the broader financial ecosystem. According to a recent guidance document, FINMA seeks to classify…
Casper Network, a blockchain platform recognized for its approach to decentralized applications, experienced a security breach, resulting in a temporary halt of all operations to address and contain the issue. The Casper Network team discovered the breach and promptly collaborated with validators to suspend the network. This measure was implemented to reduce the impact of the security…
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…
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…
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…