Crypto

Source: Bitcoinist On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.  Sponsored by Republican state Representative Giovanni Capriglione, the proposed legislation seeks to allow the state to accept taxes, fees, and donations in Bitcoin, with…

Source: Coin Tegraph Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024. Read Full Article

Source: Bitcoinist On-chain data shows the Bitcoin Hashrate has been on the rise recently, an indication that the miners are expanding their mining farms. Bitcoin Mining Hashrate Has Returned Close To Its All-Time High The “Hashrate” refers to an indicator that keeps track of the total amount of computing power that the miners as a…

Source: Coin Tegraph The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields. Read Full Article

Source: Coin Tegraph A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions. Read Full Article

Source: Coin Tegraph Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. Read Full Article

Source: Bitcoinist As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets. Ukraine Prepares To Legalize Crypto During a “Domestic Investment Opportunities” forum, Danylo Hetmantsev, Head of the…

Source: Coin Tegraph Bitcoin environmentalist Daniel Batton criticized the methods used by Digiconomist founder Alex de Vries to assess Bitcoin’s environmental impact. Read Full Article

Source: Coin Tegraph Developers must prioritize user protection in the DeFi landscape. Read Full Article

Source: Bitcoinist The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years in federal prison for operating a fraudulent crypto investment scheme. The fraud, which spanned over a year, defrauded multiple investors of more than $350,000. The sentencing, handed down by United States District Judge…