BTC

Texas’ Bitcoin Reserve bill moves to the Senate

March 2, 2025 2 mins read

The Bitcoin Reserve bill in Texas is moving forward after a unanimous 9-0 vote in the Business and Commerce Committee. The bill will now go to the Senate for more discussion and a final vote. The bill’s progress in Texas is a positive step, but it shows the divide among Republican states on Bitcoin Reserve laws. Many states, like Montana, have rejected similar bills, leading to divisions in the crypto

The US SEC drops its case against MetaMask

March 1, 2025 2 mins read

The US SEC has decided to drop its case against ConsenSys, which operates the MetaMask wallet. They no longer believe that the wallet violates securities laws. Joseph Lubin, the CEO of ConsenSys, welcomed this decision. He praised the SEC’s new leadership for being supportive of innovation and investors. This is the sixth case the SEC has dismissed against crypto firms this week, indicating a change in their enforcement strategy. However,

Bitcoin drops to lows of $82K, dipping to levels seen in November 2024

February 27, 2025 1 min read

Bitcoin’s price fell over 6% in just 24 hours, dropping below $84,000 on Wednesday. This decline marks its lowest level since November 2024, when Bitcoin had surged due to election-related excitement. The market is currently bearish, according to trader IncomeSharks. The drop in Bitcoin’s value is linked to rising trade war tensions. President Donald Trump announced new tariffs: 25% on Canada and Mexico, 10% on China, and an additional 25%

Everstake Makes Web3 More Developer-Friendly with a New Staking Integration

February 27, 2025 3 mins read

Everstake, a leading global staking provider and blockchain solutions company, has introduced Wallet SDK, an open-source software development kit that enables seamless staking integration into wallets in a few hours — even for developers with no prior experience in the field.  Despite predictions that the number of global cryptocurrency users could reach 1 billion by 2031, technological complexity remains a major barrier to blockchain adoption, as only 0,08 to 1,1% of

Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota

February 27, 2025 2 mins read

Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The facility is equipped with the water-cooled Antminer S21 Hydro machines, with 5.5 MW of capacity already energized by Compass. The remaining machines will be phased in over the coming months to meet growing demand from Compass’s

Bitcoin Reserve bills face setbacks as Republican divisions grow

February 26, 2025 1 min read

Bitcoin Reserve bills are facing major obstacles. Several Republican-led states are turning down these proposals, despite some early backing. The split among GOP members has cast doubt on the future of these bills. Recently, about 30 states have attempted to pass laws to add Bitcoin to their state reserves. Use Bitcoin to protect against inflation. Experts say that if these bills pass, it could result in billions in Bitcoin purchases,

Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders

February 22, 2025 4 mins read

With its Bitcoin-in, Bitcoin-out model, Acre simplifies compounding for BTC holders while empowering decentralized networks with economic security. Acre, the first Bitcoin platform for compounding BTC, announced today the un-gating of its decentralized application (dApp) alongside a $4 million strategic funding round at a $90M fully diluted valuation. With over $100 million in Total Value Locked (TVL), Acre is the first platform designed to help Bitcoin holders securely compound their

Bybit exploited for $1.4 billion worth of ETH, CEO confirms

February 22, 2025 1 min read

Bybit, a cryptocurrency exchange, has experienced a significant hack. A hacker stole over $1.4 billion worth of Ethereum (ETH) and staked ETH. The CEO, Ben Zhou, confirmed the incident on X. He explained that the attacker exploited a vulnerability in the exchange’s ETH cold wallet. This hack is one of the largest in the crypto market. Following the news, several cryptocurrency prices dropped. Ethereum’s price lost some of its gains,

REDLINE LAB Announces Strategic Investment in Dojo Coding to Accelerate Web3 Talent Development in Latin America

February 22, 2025 3 mins read

REDLINE LAB, a leading Web3 and blockchain-focused technology firm, announces its pre-seed investment in Dojo Coding, Latin America’s premier Web3 developer training and incubation platform. This strategic investment will support Dojo Coding’s mission to bridge the global Web3 talent gap by transforming Latin American developers into world-class blockchain engineers and entrepreneurs. “Dojo Coding’s unique approach to developer training and incubation perfectly aligns with our vision for the future of Web3,” said Soren

$99 million was withdrawn from the liquidity pool of the Libra token

February 22, 2025 1 min read

A significant crypto scandal has emerged in Argentina involving the Libra token (LIBRA). Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement. Blockchain analytics firms, Chainalysis and Nansen traced these withdrawals to wallets associated with the token’s creator. Chainalysis found that eight wallets withdrew around $99 million from the liquidity pool. These wallets received tokens directly from the creator, showing a close

The 3 Best Cryptos to Buy in 2025, One Could 100x in Just Weeks

February 21, 2025 5 mins read

In the crypto space, one day, a coin is worth pennies. The next, it’s making millionaires. In 2025, three cryptos stand out: RCOF, TRX, and JUP. One of them might even skyrocket 100x in weeks. But which one has the biggest potential? Which one is the smartest pick right now? If you want to stay ahead, you need to know the best cryptos to buy. Ready to find out?   Some

Strategy (formerly MicroStrategy) issues $2 billion in convertible notes to buy more Bitcoin

February 20, 2025 1 min read

Strategy, formerly known as MicroStrategy, is issuing $2 billion in convertible senior notes. This funding will be used to buy more Bitcoin. The company has a history of accumulating Bitcoin through stock offerings. Michael Saylor, the CEO, mentioned that the firm did not buy any Bitcoin last week. This pause interrupted their usual buying trend. However, Strategy remains dedicated to its Bitcoin strategy. Since starting to acquire Bitcoin, the company