Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to…
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Trump’s USD1 play is ‘dollar expansion,’ not love for blockchain, Ari10 CEO says [btcmanager]
President Donald Trump’s support for stablecoins may be less about blockchain innovation and more about financial engineering, according to Mateusz Kara, CEO of European crypto payments giant Ari10. The launch of USD1, a new dollar-pegged stablecoin backed by U.S. President…
Avid crypto advocate and investor Paul Atkins will soon become the SEC chair: What to expect? [btcmanager]
Paul Atkins was picked by Donald Trump in December 2024 as the replacement for Gary Gensler as U.S. SEC chair. Due to bureaucracy-related delays, Atkins has yet to begin work. However, a recently published financial disclosure ahead of his confirmation…
How a shipping container and Bitcoin saved a struggling African hydro project [btcmanager]
What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a lifeline for local economic revival? Zengamina’s dimming vision finds a spark In the remote Ikelenge district of northwestern…
Constellation Network launches Digital Evidence, a tamper-proof solution for law enforcement [btcmanager]
Constellation Network has introduced Digital Evidence, a tamper-proof compliance solution designed for law enforcement and emergency services. The product builds on Constellation’s six years of work with the U.S. Department of Defense and its Iron SPIDR project, which secured critical…
Bitget CEO says Hyperliquid could become FTX 2.0 amid JELLY incident [btcmanager]
Hyperliquid’s handling of the JELLY token incident has drawn sharp criticism from Gracy Chen, the chief executive officer of Bitget. After Hyperliquid (HYPE) removed JELLY amid an estimated $10.6 million loss and a looming liquidation threat to its treasury, Chen…
Economist warns of a recession: Will Bitcoin and altcoins crash or rise? [btcmanager]
Bitcoin and most altcoins have bounced back slightly this week, with total crypto market capitalization approaching the $3 trillion mark. Bitcoin (BTC) remained stuck above $86,000, while meme coins like Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI) soared by…
Hyperliquid removes JELLY amid market manipulation accusations, promises refunds [btcmanager]
Hyperliquid incurred an estimated $10.63 million loss due to a sudden 230% surge in $JELLY’s price, leading to the token’s delisting and compensation plans for affected users. Hyperliquid (HYPE) treasury had automatically assumed a $5 million short position in JELLY,…
Telos taps Stargate, Circle and BitGo to unlock liquidity and DeFi growth [btcmanager]
Telos has integrated with several platforms across the crypto ecosystem as it looks to unlock cross-chain liquidity and decentralized finance opportunities. The Telos Foundation announced the expansion via X, noting that Telos now leverages the technology and solutions of Stargate,…
Revolut launches mobile crypto app for U.K. and EEA users [btcmanager]
U.K.-based fintech platform Revolut has unveiled a mobile crypto exchange app for users across the United Kingdom and the broader European Economic Area. Revolut said in an announcement that the new app, Revolut X, will allow U.K. and EEA users…