The bill proposed in the Philippine Parliament would create government-run Bitcoin (BTC)Apart from paying back the rising debt burden across the country, the untouched reserves still set some of the strictest sovereign crypto storage rules. The proposed Strategic Bitcoin Reserve Act, introduced by Rep. Miguel Luis R. Villafuerte, directs Bangko Sentral Ng Pilipinas (BSP) Purchase…
US President Donald Trump signed an executive order on August 7th, allowing codes in his 401(k) retirement plan. The crypto industry calls the move a victory for adoption, but investment experts warn it will involve a huge risk. The “Democratize Access to Alternative Assets for 401(k) Investors” order directed US financial regulators to expand access…
Need smarter insights in your inbox? Sign up for our weekly newsletter to get only the things that matter to enterprise AI, data and security leaders. Subscribe now Software developers spend most of their time do not have Writing Code; Recent industry research shows that actual coding accounts for only 16% of developers’ working hours,…
A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure Hackers linked to Coinbase violations have brought another move. This time, I purchased over 38,000 Solana Tokens, worth nearly $8 million. Blockchain tracking company Ember CN reported that after hackers converted DAI 7.957 million to USDC, they filled Solana and bought the…
Key takeout While Grayscale submitted new submissions for the XRP Trust ETF, six companies submitted S-1 amendments to the Spot XRP ETF. Powell’s signal for interest rate cuts in September drove Ethereum to an all-time high, raising XRP by 10% to $3.10. Please share this article Six key asset managers from Bitwise, Canary Capital, Coinshare,…
The strategy co-founder Michael Saylor signaled the imminent Bitcoin (BTC) purchase and, if completed, the transaction marks the company’s third BTC acquisition in August. The company’s latest Bitcoin purchase took place on August 18th, with the strategy buying 430 BTC for $51.4 million, bringing total holdings to 629,376 BTC, worth more than $720 billion at…
Egrag Crypto, a well-known market analyst, is forecasting a rather large AltS season following recent developments on the Bitcoin Domination (BTC.D) chart. This latest technical commentary adds to the ongoing list of fairly distinctive and highly anticipated alto season time and fashion speculation. Altseasons’ mother – Analysts are coming The nature of the potential alt…
Pennsylvania lawmakers are pushing for a new bill that prohibits civil servants from holding or trading digital assets, including Bitcoin. Proposal, House Bill 1812 (HB1812) was introduced by Representative Ben Waxman, a Democrat representing Philadelphia’s 182nd District, and was co-hosted by several other lawmakers. It aims to close what Waxmen and others call “ethical loopholes”…
Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company Xai, denounced trademark infringement and unfair competition. The complaint filed Thursday in the Northern California district alleges that Musk’s Xai has created widespread market disruption and damaging the Xai brand. Delaware’s Ex Populus, behind Xai, said it has been using US…
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