Category: decrypt.co

Trump Picks Bo Hines to Lead Presidential Crypto Council Bo Hines, a former House candidate in 2022 and 2024, will work alongside David Sacks to promote crypto in Donald Trump’s administration. Andrew Hayward Go to decrypt.co

Ethereum and Solana NFT Scammers Charged in $22 Million Rug Pull Scheme California men Gabriel Hay and Gavin Mayo were charged by the Department of Justice over a series of alleged NFT investment scams. Jason Nelson Go to decrypt.co

United States of Bitcoin? These States Are Considering BTC Reserves Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other states. Liz Napolitano Go to decrypt.co

Hawk Tuah Girl Wakes Up, Plays Ball With Lawyers Suing Meme Coin Makers Haliey Welch, the Hawk Tuah girl, is finally speaking up—and she’s working with the law firm suing her meme coin business partners. Sander Lutz Go to decrypt.co

Luigi Mangione Lands in Same Jail as Diddy, FTX Founder Sam Bankman-Fried The suspect in the murder of UnitedHealth Group CEO Brian Thompson, Luigi Mangione, is sharing a facility with fellow high-profile inmates. Mathew Di Salvo Go to decrypt.co

German Watchdog Cracks Down on Worldcoin Over Biometric Data Bavaria’s data regulator has directed Worldcoin to establish a GDPR-compliant data deletion protocol by January’s end. Vismaya V Go to decrypt.co

El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement. Vince Dioquino Go to decrypt.co

Wyoming Senator Cynthia Lummis: ‘2025 Will Be the Year for Bitcoin and Digital Assets’ Wyoming Senator Lummis has declared 2025 crucial for Bitcoin, pledging to collaborate with “Crypto Czar” David Sacks on crypto legislation. Vismaya V Go to decrypt.co

Ohio Representative Derek Merrin Introduces Bill to Establish State Bitcoin Reserve House Bill 703, the Ohio Bitcoin Reserve Act, proposes creating a state Bitcoin fund and granting the treasurer authority to buy the crypto. Vince Dioquino Go to decrypt.co

SEC Serves NFT Project CyberKongz With Wells Notice Citing Securities Violations Charges against CyberKongz could present “major implications” for the blockchain gaming industry, the project said Monday. Vince Dioquino Go to decrypt.co

FCA Calls for Industry Input on Plans to Tackle Abuse in UK Crypto Market The regulator hopes to bolster clarity by establishing “clear and consistent ‘rules of the game’” for crypto firms and consumers. Vismaya V Go to decrypt.co

Russia Tests System to Block VPN Users From Global Internet Want to experience extreme internet censorship, but find a trip to North Korea too inconvenient? Now you can visit Moscow and feel what it’s like. Jose Antonio Lanz Go to decrypt.co

OpenAI Whistleblower Found Dead in San Francisco Apartment in Apparent Suicide OpenAI whistleblower Suchir Balaji, 26, was found dead in his San Francisco apartment late last month, per San Francisco Police. Jason Nelson Go to decrypt.co

Crypto Advocate French Hill Picked to Lead House Financial Services Next Year The Arkansas Republican’s wins of a key committee chair could signal another shift for digital asset legislation next year. Vince Dioquino Go to decrypt.co

Australian Regulator Likens Bitcoin to Prison Currency Amid Controversial Consultation Paper ASIC’s digital asset lead compared Bitcoin to cigarettes while responding to questions on proposed Australian crypto regulation. Vismaya V Go to decrypt.co

Vancouver Votes to Study Bitcoin Strategy Despite Provincial Pushback The Vancouver City Council has greenlit a study to integrate Bitcoin despite regulatory constraints and environmental concerns. Vince Dioquino Go to decrypt.co

South Korea’s Martial Law Derails Critical Crypto Reforms South Korea’s measures, viewed as vital steps toward modernizing the country’s crypto sector, are now in limbo. Vismaya V Go to decrypt.co