House Democrats have introduced a bill to bar senior officials and their families from creating or endorsing Meme Coins. The move follows controversy over political figures profiting from digital tokens, sparking debates on ethics, financial transparency, and the regulatory future of cryptocurrency.
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Category: Cryptocurrencies
Crosschain Swap Protocol THORChain Sees Spike in Activity After Bybit Hack
THORChain, a decentralized crosschain swap protocol, has witnessed a surge in transaction volume following the $1.4 billion exploit of Bybit.
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Core Scientific Announces $1.2B Data Center Expansion Despite $265M Q4 Loss
Bitcoin mining company Core Scientific has revealed plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup CoreWeave.
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Solana Proposal to Slash Inflation by 80% Heads to Community Vote
Solana’s SIMD-0228 proposal aims to slash SOL inflation by 80% through a dynamic emissions model tied to staking participation, sparking debate over network sustainability and decentralization ahead of a community vote.
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Merchants Report Increase in Crypto Payments for Luxury Goods
The use of crypto payments in luxury retail is increasing, with merchants accepting Bitcoin and altcoins for high-end purchases. This trend signals a shift in consumer behavior as digital assets integrate into premium commerce.
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XRP Ledger Unveils Institutional DeFi Plan – Will This Send XRP to New Highs?
XRP has fallen by 2% in the past 24 hours, yet Ripple’s new institutional DeFi plan could boost its price massively in the long run.
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Ark Invest Buys $8.7M in Coinbase Shares, Sells $8.6M of Its Bitcoin ETF Amid Crypto Sell-Off
Ark Invest purchased 41,032 shares of Coinbase (COIN) worth approximately $8.7 million for its Next Generation Internet ETF (ARKW) on Tuesday.
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ETHDenver: Shark Tank’s Kevin O’Leary Says 5% Exposure to Bitcoin Works, Bullish USDC
Shark Tank’s Kevin O’Leary made a virtual appearance during ETHDenver, addressing a DeFi-focused audience, he explains why a 5% Bitcoin allocation works for him and is bullish on USDC for its transparency.
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CZ Warns of Hacked Accounts Promoting Scam Tokens Amid Pump.fun Breach
Hacked accounts are increasingly used to promote scam tokens, as seen in Pump.fun’s breach. Binance founder CZ warns users about fraudsters leveraging compromised accounts to deceive investors. Experts urge stronger security measures to protect against rising crypto scams on social media platforms.
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Construction of El Salvador’s Bitcoin City Airport Begins – But There’s a Twist
El Salvador has finally begun building “Bitcoin City Airport,” an air transport hub that will supposedly one day link Bitcoin City to the rest of the world.
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