Crypto News

Alexander Urbelis, one of the attorney's working on his case, said Virgil Griffith had been "counting down the days to be reborn"Source link

In the Ancient Greek tale of Oedipus, great rewards awaited travelers able to solve difficult riddles, but a powerful sphinx posed the riddles and devoured those who failed to solve them. Similarly, in ancient crypto times, circa 2017, blockchain technology stood to revolutionize finance and other fields. But two challenges stood in the way of this technology enjoying its full potential: (1) securities laws that don’t easily map onto decentralized systems, and (2) a securities regulator hostile to digital assets, which often posed grave risks to those who tried to solve the first challenge.Today, the sphinx has resolved to be more helpful, but the riddles remain. The Securities and Exchange Commission’s (“SEC”) Crypto Task Force has stated that the agency’s...

U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs. Bitcoin Miners Charter $3M Flights to Combat Trump’s Tariff Hike U.S. bitcoin miners are scrambling to importSource link

Bitcoin (BTC), currently around $81,000, could soar as high as $250,000 as early as this year with tech giants like Microsoft (MSFT) and Apple(AAPL) entering the crypto arena, according to Charles Hoskinson, the founder of the Cardano blockchain.Hoskinson's comment echoes the sentiments of investors including Fundstrat’s Tom Lee and venture capitalist Tim Draper as well as financial giant Standard Chartered, who have mentioned that level as a target for the world’s biggest cryptocurrency in past years.In an interview with CNBC, Hoskinson expressed optimism about bitcoin’s future despite recent market turbulence triggered by President Donald Trump’s reciprocal tariffs policy, saying he believed the asset could rise that high “by the end of this year or next year” as tariff concerns...

Guitar legend Slash has abandoned social media platform X after his account was hacked to promote a Solana meme coin.Source link