Senate Approves Tax Break for Bitcoin Miners
Oklahoma Senate passes House Bill 1600, granting tax exemptions for Bitcoin and crypto mining operations. This move strengthens Oklahoma’s position as a blockchain hub. #Crypto #Bitcoin
Bitcoin’s Unstoppable Success Story
NYSE President Lynn Martin touts Bitcoin ETFs’ success at Consensus 2024, noting their boost to Wall Street liquidity. Crypto market cap tops $1 trillion. #Crypto #BitcoinETFs
Coinbase Alerts: Rising Deepfake Scams in Crypto
Coinbase warns of rising deepfake scams targeting crypto executives like @brian_armstrong. Enhanced security measures, including vaults and passkeys, are crucial. Stay vigilant! #CryptoScams #SecurityUpdates
Hong Kong Bans Unlicensed Crypto Exchanges
Hong Kong’s SFC bans unlicensed crypto exchanges. 7, including @OKX and Gate.HK, withdraw applications. 18 still seeking licenses. Major overhaul needed for compliance. #CryptoRegulations #HongKongCrypto
Mt Gox Bitcoin Payout Won’t Impact Price
The Mt. Gox Trustee moved $9.63B in $BTC and Bitcoin Cash, raising market concerns. Experts say BTC price might remain stable. Creditors plan to hold amid ETF optimism. #CryptoNews #Updates
DMMBitcoin Recovers After $308M Hack
⚠️ Japanese crypto exchange @DMMBitcoin lost 4,502.9 BTC ($308M) in a major hack. Users will be fully reimbursed, highlighting risks of centralized custody. $BTC #CryptoNews
DMM Bitcoin Hack: Japanese Exchange Loses $303M
Japanese crypto exchange @DMM_Bitcoin reports a $303M theft of 4503 BTC due to a hack. Trading is suspended; users to be compensated. Highlights persistent security issues in crypto. #CryptoNews
Bitcoin ETFs Boost Market Liquidity: NYSE President
.@NYSE President Lynn Martin praises Bitcoin ETFs for boosting market liquidity, driving Bitcoin to a record $73K with $60B in inflows. Major institutions like @WellsFargo & @MorganStanley show rising interest. #Bitcoin #Finance
Biden’s New Stance on Cryptocurrency Policies
US President Joe Biden engages major crypto players amid election season, hinting at a possible policy shift from the recent crackdown. Crypto super PACs raise $110M to support pro-crypto candidates. #CryptoNews #Regulation
“`html Bitdeer Secures $150M from Tether for Mining Rigs “`
Tether (@Tether_to) invests up to $150M in Bitcoin miner Bitdeer for data center expansion and ASIC-based mining rigs. This supports Tether’s diversification strategy and growth in crypto mining. #Bitcoin #CryptoNews
Cometh and Transak Enable Crypto Purchases on Layer 3
Transak and @Cometh_ launch a fiat-to-Layer 3 blockchain solution for direct crypto purchases via credit card, enhancing seamless in-game transactions in Cosmik Battle. #Crypto #Blockchain
HashFlare Founders Extradited for U.S. Sentencing
HashFlare founders Sergey Potapenko and Ivan Turõgin face U.S. extradition for a $575M Ponzi scheme, accused of defrauding investors via HashFlare and Polybius. Trial set for May 31, 2024. #CryptoNews #Fraud
Coinbase Challenges SEC Rulemaking Denial in Court
Coinbase files closing brief in lawsuit against SEC over rulemaking denial. Dispute highlights SEC’s inconsistent approach to crypto, causing industry confusion. #CryptoRegulation #Coinbase
Massive DMMBitcoin Hack: $300M in Bitcoin Stolen
DMM Bitcoin suffered a major breach on May 31, losing 4,502.9 BTC worth $305M. The exchange assured customers that all deposits are guaranteed. #Cryptocurrency #BitcoinNews