Crypto News
Unlucky Trader Accidentally Burns $58K in Pump.fun Solana Token—But He’s Not Angry
A blockchain researcher said that his partner and friends were shocked at how calm he was after losing $58,000 worth of PUMP.Source link
Bitcoin Is Now Worth More Than Google and Amazon
The cryptocurrency’s price surged above $123K early Monday morning before retreating to just under $121K in the afternoon. BTC Blows Past Google and Amazon in Market Value Bitcoin’s rally has gone into overdrive and at $120K, the cryptocurrency is now the fifth most valuable asset on earth, worth more than Google and Amazon. Bitcoin’s marketSource link
The Node: GENIUS, Clarity and a CBDC Ban
Three different crypto bills could potentially pass through the House of Representatives in the next few days: the GENIUS Act, the Clarity Act, and the Anti-CBDC Act.The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act would set up a framework for overseeing stablecoins. It has already passed the Senate, so it has a solid chance of becoming the first crypto-focused bill to be signed into law by the federal government.The “Digital Asset Market Clarity Act of 2025” (Clarity) Act, meanwhile, is a meatier piece of legislation that would create clear jurisdictional boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the regulation of digital assets. The crypto industry has...
‘Rogue Politicians’ Using Crypto to Hide Proceeds of Corruption: Nigeria EFCC Chair
EFCC chair Ola Olukoyede said at an African Union event that corrupt politicians in Nigeria are “hiding their loot in cryptocurrencies."Source link
2011 Mega Whale Moves Again: $2.4B in Bitcoin Vanishes Into New Address
Fresh onchain data reveals that the mega whale behind the fourth of July’s $9.5 billion transfer of 80,000 BTC has peeled off 20,000 coins and sent them to a new, unidentified address. Bitcoin Mega Whale Quiet for 10 Days—Then Drops 20,000 Coins Into Shadow Address The shift was flagged by the tracking bot Whale AlertSource link