Bitcoin got a little scarcer after an unexplained transaction reportedly burned about $8 million worth of BTC, permanently removing coins from circulation and hammering home a brutal truth: Bitcoin does not care if you meant to do that. About $8 million in BTC was reportedly burned The coins appear to be permanently unspendable No clear […]
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Two dormant Bitcoin wallets woke up after 11 years of silence, moving about $8.3 million in BTC and triggering fresh speculation about whether the coins were deliberately burned or simply lost to a bad key management move. 11-year dormancy: two long-silent Bitcoin wallets suddenly moved coins after more than a decade $8.3 million at stake: […]
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U.S. lawmakers want to stop the government from dumping seized Bitcoin like yesterday’s garbage and start treating it like a strategic reserve asset. The American Reserve Modernization Act (ARMA) would consolidate federally held BTC into a Treasury-managed reserve and generally block sales for 20 years. Bill name: American Reserve Modernization Act (ARMA) Introduced: May 21, […]
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Washington is moving closer to treating Bitcoin like a strategic asset instead of just seized property to be dumped at auction for quick cash. ARMA would create a Treasury-managed Federal Bitcoin Reserve No Bitcoin sales for 20 years by default Self-custody rights would be explicitly protected A bipartisan draft bill called the American Reserve Modernization […]
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Bitcoin is back on Capitol Hill, and this time the push is straightforward: turn the White House’s reserve plan into law, lock the coins up for decades, and use them only if they help chip away at America’s $39 trillion debt. ARMA would codify Trump’s Strategic Bitcoin Reserve order into law Treasury could buy up […]
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Stacks is taking another swing at Bitcoin-native yield, introducing a staking model that aims to let BTC holders earn rewards without handing control to a centralized lender. The pitch is simple enough: make Bitcoin more useful without turning it into a sloppy Wall Street-style yield toy. Bitcoin staking model: Stacks is pushing a new way […]
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South Carolina has passed a new pro-crypto law that protects Bitcoin and other digital assets from discriminatory tax treatment, strengthens self-custody rights, supports mining activity, and blocks state authorities from using or testing central bank digital currencies (CBDCs). No special crypto tax penalties Self-custody rights protected Mining support and a CBDC ban Governor Henry McMaster […]
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South Carolina has put a clear stake in the ground against central bank digital currencies while giving Bitcoin self-custody, crypto payments, and blockchain development a lot more legal breathing room. Self-custody rights protected CBDC participation banned for state agencies Mining and blockchain work get licensing relief More clarity for crypto users, builders, and businesses Governor […]
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Irish authorities and Europol have seized another 500 BTC tied to convicted drug dealer Clifton Collins, bringing the total recovered from the cache to 1,000 BTC. Another 500 BTC seized by Ireland’s Criminal Assets Bureau Total recovered now stands at 1,000 BTC Europol’s cybercrime unit provided technical support About 5,000 BTC may still be tied […]
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Minnesota is splitting crypto into two buckets: banks may hold digital assets for customers, while crypto kiosks are getting the boot over fraud risks. Banks can now offer crypto custody under Minnesota’s rules Crypto kiosks, including Bitcoin ATMs, are being targeted over scam abuse The state is backing regulated custody while cracking down on weak […]
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