KULR Technology Group, a leader in advanced energy management, has announced that it will include Bitcoin (BTC) as a key asset in its treasury program. Currently holding over $12 million in cash, the company plans to allocate up to 90% of any surplus cash towards Bitcoin. KULR’s decision comes as Bitcoin’s global acceptance grows, with ...
Russian President Vladimir Putin has shifted his view on Bitcoin, now stating that it cannot be banned and is an unstoppable force. Speaking at the Investment Forum in Moscow, he emphasized that new technologies like Bitcoin will continue to develop, regardless of the status of traditional currencies like the dollar. This change comes after Putin ...
The National Crime Agency (NCA) has uncovered a significant money laundering operation linked to UK drug gangs during the pandemic. This complex scheme involved a Russian-speaking network based in Moscow that exchanged dirty cash for untraceable cryptocurrency. They facilitated the laundering of drug profits while also supporting Russian state espionage efforts. The operation has resulted ...
Russian President Vladimir Putin is questioning the importance of holding foreign currency reserves, suggesting that cryptocurrencies like bitcoin could be more reliable alternatives. His comments come amid ongoing tensions with Western nations, which have frozen approximately $300 billion of Russia’s foreign assets since the Ukraine conflict began. Putin argues that this freeze damages the US ...
Russian President Vladimir Putin recently suggested that bitcoin could be a better alternative to foreign currency reserves, raising questions about their effectiveness amid heavy Western sanctions since the Ukraine war began in 2022. He criticized the freezing of about $300 billion in Russian reserves, claiming it harms the US dollar’s global standing. Putin emphasized that ...
President-elect Donald Trump has chosen former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrencies, aims to reshape regulations for the industry, which has faced tough enforcement under the current SEC Chair, Gary Gensler. Trump highlighted Atkins as a proponent of sensible regulations that can foster ...
Looking to discover the next big cryptocurrency? Be cautious, as many scammers lurk in the space. It’s essential to do your research before investing. Start by reading a cryptocurrency’s white paper, which explains its purpose and mechanics. Look for coins that have shown strong price growth and functionality, as high-performance projects attract more interest. Keep ...
Federal Reserve Chair Jerome Powell recently discussed Bitcoin at the New York Times DealBook Summit, stating that he views it as a competitor to gold rather than the US dollar. He pointed out that while people invest in Bitcoin as a speculative asset, they don’t use it much for transactions or as a stable store ...
Jed McCaleb, known for his significant contributions to cryptocurrency, is now focusing on space exploration with his company, Vast Space. After founding notable ventures like Mt. Gox and Ripple, he has shifted his attention to developing artificial gravity habitats aimed at making long-term human habitation in space a reality. His first project, Haven-1, is set ...
Jed McCaleb, known for his early contributions to cryptocurrency, has shifted his focus to space through his company, Vast Space. After founding major platforms like Mt. Gox, Ripple, and Stellar, he now aims to develop innovative space habitats, including artificial gravity stations for long-term human habitation. Vast Space’s first project, Haven-1, is set to launch ...
