Bitcoin Miner Wins $266K Reward
A solo miner using a low-cost rig mined 3.146 $BTC worth $266,000, defying odds of less than 1 in 100,000. Crypto $BTC
Crypto Industry Hosts Lawmakers Dinner Push
The American Innovation Project hosted a private dinner with lawmakers to discuss crypto tax policy, emphasizing the need for clarity and pushing for a de minimis exemption. Crypto
Fed Rate Cut Stalls as CPI Report Canceled
The Federal Reserve faces a significant data gap ahead of its December meeting as the Bureau of Labor Statistics canceled the October CPI report due to the government shutdown, complicating inflation assessments. #Breaking #Crypto $BTC
Bitcoin Exchange Banned in Kyiv Call Center
Ukrainian law enforcement shut down a Kyiv call center running a fake financial platform, defrauding over 30 EU investors of 8.2 million UAH; $1.4 million seized. #Breaking #Legal $USDT
Bitcoin Whale Completes $1.3B Kraken Sale
Owen Gunden, an early Bitcoin adopter, liquidated 11,000 $BTC worth $1.3 billion via Kraken, marking significant whale movement.
Bitcoin OG Deposits 2499 BTC to Kraken
Bitcoin OG Owen Gunden deposits 2,499 BTC ($228M) to Kraken, sparking market speculation amid bearish sentiment and potential cycle bottom. #Breaking #Crypto $BTC
Bitcoin Breaks Ground with Davidson’s BTC Reserve Act
Rep. Warren Davidson introduces the ‘Bitcoin for America Act’, allowing federal tax payments in Bitcoin, establishing a Strategic Bitcoin Reserve to enhance U.S. digital asset standing and financial stability. #Breaking #Crypto $BTC
Bitcoin Surges as U.S. Jobs Report Exceeds Expectations
Bitcoin surged past $92,000 following the September U.S. jobs report, which showed 119,000 jobs added and an unemployment rate rise to 4.4%, indicating potential Fed rate cuts. #Breaking #Crypto $BTC (+7) ↗
Bitcoin Acquisition Metaplanet Raises $135M
Metaplanet plans to raise ¥21 billion ($135 million) via Class B Preferred Shares to expand its Bitcoin holdings, reinforcing its status as a major corporate Bitcoin holder. Crypto
Europol Traces $55M Crypto in Piracy
Europol, EUIPO, and Spain’s National Police traced $55M in crypto linked to digital piracy services, identifying 69 sites with 11.8M annual visitors. #Breaking #Legal
Trump Targets State AI Policy Chaos
President Trump plans an executive order to override state AI laws, centralizing control federally and potentially affecting California’s regulations. #Breaking #Legal
Bitcoin Mining Costs Malaysia $1.1B Loss
Malaysia’s national utility firm Tenaga Nasional Bhd lost over $1.11 billion due to illegal electricity use by crypto miners, impacting 13,827 premises. Legal
Bitcoin Wallet CTO Gets 4-Year Sentence
William Lonergan Hill sentenced to four years for operating an unlicensed money transmitter, processing $2B in Bitcoin via Samourai Wallet. Co-founder Keonne Rodriguez received five years. #Breaking #Legal
Bitcoin Wallet’s Hill Sentenced 4 Years
William Hill, co-founder of @SamouraiWallet, sentenced to four years for laundering over $237M via Bitcoin mixing services. Co-founder Keonne Rodriguez received five years. #Breaking #Legal