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More than a million Russians have fallen victim to cybercrime, resulting in an estimated $3 billion in damages. Cybercrime accounts for 35% of all crimes in Russia and is increasing by 30% annually, outpacing law enforcement efforts. Russia Faces Surge in Cybercrime, With Billions Lost to Fraud More than a million Russians have fallen victim … Read more
A Czech National Bank board member has raised doubts on bitcoin as a reserve asset, citing legal uncertainty and volatility risks, even as it explores new asset classes. Bitcoin Faces Pushback From Czech Central Bankers Czech National Bank board member Jan Kubicek has expressed reservations about incorporating bitcoin into the central bank’s reserves, citing its … Read more
Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to … Read more
Strategy is unleashing a 5 million-share stock offering, strengthening its bitcoin war chest and pushing its aggressive expansion in the world’s largest cryptocurrency treasury. Strategy’s Stock Offering Unlocks More Firepower for Bitcoin Expansion Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on March 18 that it plans to offer 5,000,000 shares of … Read more
The Cato Institute has criticized the Financial Crimes Enforcement Network (FinCEN)’s decision to lower the threshold for currency transaction reports from $10,000 to $200 for US citizens living in 30 ZIP codes in California and Texas. New Level of Financial Surveillance The Cato Institute, a Washington-based libertarian think tank, has criticized FinCEN’s decision to lower … Read more
The U.S. is “sowing the seeds of future upheavals,” an ECB official warns, claiming its crypto policies could ignite the next global financial crisis and destabilize markets worldwide. ECB Official Blasts US Crypto Strategy European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau has warned that the United States’ approach to cryptocurrencies and … Read more
A British man’s desperate fight to recover about 8,000 lost bitcoin—worth hundreds of millions—has been blocked again, pushing him to take his battle to Europe. Appeal Denied: 8,000 BTC Trapped as Man’s Battle Moves to Europe A British man who accidentally discarded a hard drive containing bitcoin worth hundreds of millions of dollars has faced … Read more
A recent survey by Data for Progress found that only about 10% of US voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development. However, a White House fact sheet clarifies that the strategic reserve will be funded exclusively with bitcoin seized through criminal or civil asset forfeiture, requiring no taxpayer … Read more
Strategy has expanded its bitcoin holdings to 499,226 BTC after a $10.7 million purchase, while preparing a massive $21 billion stock offering for future BTC acquisitions. Strategy Holds 499,226 BTC—While Raising Nearly $21B for Even Bigger Buys Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on March 17 that it had … Read more
A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency. Bitcoin Holders Split on $1M Exit Strategy A recent Reddit discussion in r/bitcoin delved into the hypothetical scenario of bitcoin (BTC) reaching $1 million, sparking … Read more