Category: Crypto

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aiming to integrate Bitcoin into the state’s economy.
The post Oklahoma Senator Pushes Bill to Allow For Bitcoin for Wages and Payments appeared first on Cryptonews. …

According to PeckShieldAlert, a blockchain security platform, the crypto industry suffered significant losses in 2024, with hacks and scams totaling $3.01 billion, marking a 15% increase from the $2.61 billion lost in 2023, highlighting a concerning rise in cybercrime targeting digital assets.
The post Crypto Hacks and Scams Cost the Industry over $3 Billion in 2024: Report appeared first on Cryptonews. …

Thailand’s Provincial Electricity Authority dismantled a Bitcoin mining farm in Chonburi for tampering with meters to steal electricity. The sophisticated operation caused losses in the millions and raised concerns about monitoring energy theft amid growing crypto-related crimes.
 
The post Thailand Authorities Raid Bitcoin Mining Farm Over Power Theft appeared first on Cryptonews. …

China’s massive, young, and tech-savvy population still drives global demand for blockchain applications despite strict regulatory restrictions.
The post China’s Tech-Savvy Youth Drives Global Demand for Blockchain Apps, Despite Restrictions appeared first on Cryptonews. …

Stablecoin firm Circle CEO Jeremy Allaire has announced the firm has donated $1 million USDC to President-elect Donald Trump’s inaugural committee.
The post Stablecoin Giant Circle Donates 1 Million USDC to President Trump’s Inaugural Committee appeared first on Cryptonews. …

Outgoing SEC Chair Gary Gensler warned that many crypto projects may fail, criticizing the industry for being driven more by sentiment than fundamentals.
The post Gary Gensler Predicts Crypto Shakeout, Says Sentiment Outweighs Fundamentals appeared first on Cryptonews. …

OKX confirms that it has not released any Firefox browser extension, asking users to transfer the wallet assets immediately if downloaded.
The post OKX Warns Users of Fake Wallet Plugins on Firefox Browser Extension appeared first on Cryptonews. …

The US DOJ received approval to sell 69,370 Bitcoin worth $6.5B, seized from Silk Road, following a federal judge’s Dec. 30 ruling.
The post U.S. Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report appeared first on Cryptonews. …

The Hong Kong Monetary Authority (HKMA) has unveiled the “Supervisory Incubator for Distributed Ledger Technology” (DLT) to help banks safely adopt blockchain-based solutions.
The post Hong Kong Launches Initiative to Accelerate Blockchain Adoption in Banking appeared first on Cryptonews. …

Andreessen Horowitz (a16z) announced plans to launch its crypto accelerator program in San Francisco this spring, inviting visionary founders to apply by Feb. 7.
The post VC Giant a16z Launches Spring 2025 Accelerator for Crypto Startups appeared first on Cryptonews. …