Florida Rep. Matt Gaetz introduces a bill to allow Bitcoin for federal tax payments, inspired by El Salvador’s success with $BTC. This move could modernize the tax system and boost innovation. #CryptoTax #Update
Privacy coins like Monero and crypto mixers are linked to $24.2B in illicit transactions in 2023, impacting regulatory efforts. Developers urged to enforce KYC and work with regulators to balance privacy and security. #Update #CryptoSecurity
Julian Assange, WikiLeaks founder, released from Belmarsh prison after 1,900+ days. AssangeDAO’s token (JUSTICE) surged 60% in 24 hours. Calls for transparency on $37M fund allocation. #Update #Crypto #AssangeDAO
Judge approves FTX’s plan to poll creditors on Chapter 11 repayment. Customers to vote on a multibillion-dollar plan to repay trapped funds, with most set to receive 119% of holdings from Nov 2022. #Crypto #Update
Nu Holdings (@Nubank) teams up with Lightspark to enable Bitcoin Lightning Network transactions in 2024. This partnership lets millions of customers in Brazil, Mexico, and Colombia enjoy fast, low-cost Bitcoin payments. #CryptoNews #Update
Solana Foundation (@solana) launches Actions & Blinks to boost crypto adoption. Users can now transact on the SOL blockchain via URLs, social networks, & QR Codes. Active addresses hit 42 million. #CryptoAdoption #Update
Colosseum raises $60M to back teams from Solana hackathons via its Accelerator. Co-founder Clay Robbins aims to support global crypto founders. First demo day for current batch set for June 27, 2024. #Solana $SOL #Update
Dogecoin ($DOGE) signals potential price surge to $0.33-$0.35, while Angry Pepe Fork ($APORK) on Solana introduces a “conquer-to-earn” system. $APORK aims for a 200% rise by presale end, challenging $DOGE dominance. #Update #CryptoNews
VanEck files Form 8-A for a spot Ethereum ETF, potentially trading by July 2. This signals growing institutional interest in $ETH and could stabilize the crypto market. Over 80% of initial spot ETF investments were from retail. #Update
Account abstraction simplifies blockchain UX, boosting adoption by allowing recovery via email or biometrics. Gaining traction in $ETH, $SOL, and $ATOM, it enables single-asset fee payments and bundles transactions for ease. #Blockchain #Update
Public Bitcoin miner @Hut8Mining unveils strategy to stay competitive amid halving challenges. CEO Ashen Genoot focuses on power optimization & AI data centers, despite analysts maintaining a sell rating. $BTC #Update
The German Federal Criminal Police Office (@bka) transferred 900 Bitcoin, worth $54.4M, to Kraken, @coinbase, and an untagged address. Germany’s BTC reserves now stand at 46,359 BTC, valued at $2.8B. Speculations arise about asset diversification. #Crypto
Pepe’s price surged 25% to $0.000012, pushing its market cap near $5B as the crypto market stabilized. Whale holdings steady at 203 trillion tokens, and daily volume doubled to $865M. $BTC’s resilience supports this trend. #Update
Coinbase loses its spot as the second-largest crypto exchange to Bybit. Bybit’s market share surged to 16% due to lower fees and Binance’s regulatory issues. Coinbase now holds 8%. #CryptoNews #Update
