Keyword: bitcoin
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A Welsh police force is investigating the 'staggering' fraud as it warns of a 'disturbing new trend'Police have launched an investigation after a Welsh victim was swindled out of £2.1m in a "staggering" Bitcoin scam. They were tricked into surrendering a password by a cyber criminal pretending to be a senior law enforcement officer. Within moments they had lost assets worth millions. North Wales Police is now investigating in an attempt to catch the perpetrators and retrieve the funds, as they issued a warning to anyone who owns cryptocurrency. North Wales Police have released a statement on the investigation....
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Quote of the week: “Bitcoin is a remarkable cryptographic achievement, and the ability to create something that is not duplicable in the digital world has enormous value.” - Eric Schmidt, former CEO and executive chairman of Google. Back in December of last year, we mentioned how institutional adoption of Bitcoin could change the narrative. It seems that the narrative is playing out. Since we wrote that piece, we now have endowments, corporations, and the U.S. government openly allocating capital to bitcoin (or at least planning to). So this week, we’re going to look at the regulatory changes, how adoption has...
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Last week, I wrote about what I believe is one of the most significant developments in Bitcoin’s history — and possibly one of the most underappreciated risks in modern finance. The Trump administration has now formally approved a framework that allows Bitcoin to be offered as an investment option in select 401(k) retirement plans, while at the same time stablecoins are making up an increasingly larger bid for U.S. Treasuries, both of which are weaving crypto the furthest it’s ever been to the U.S. economy. That’s not just “more adoption.” It’s the infiltration of Bitcoin into the cornerstone of American...
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Donald Trump is making good on his pre-election promises and continues to push for favorable crypto regulations. Today, the president of the United States, Donald Trump, signed an Executive Order that aims to allow 401(k) investors access to alternative assets (such as digital assets). According to the official announcement: “The order directs the Secretary of Labor to reexamine the Department of Labor’s guidance on a fiduciary’s duties regarding alternative asset investments in ERISA-governed 401(k) and other defined-contribution plans.” This comes as part of Trump’s plans to establish the country as the leading player in the cryptocurrency industry. To this point,...
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U.S. President Donald Trump signed an executive order on Thursday that aims to allow private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts. The order smoothes the way for private equity and other fund managers to tap into trillions of dollars of Americans' retirement savings. It could open up a vast new funding source to managers of alternative assets outside of stocks, bonds, and cash, though critics say it also could bring too much risk into retirement investments. "The Securities and Exchange Commission must consider ways to facilitate access to alternative asset investments by participants in...
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Based on 2025 assessments from NIST, IBM, and expert surveys, the probability of quantum computing cracking SHA-256 (via Grover's algorithm, reducing preimage search to ~2^128 operations) is near 0% in the next 5 years and It requires millions of error-corrected qubits; current systems top ~1,000 noisy ones. Bitcoin's hashing remains secure for now.
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A 300‑billion‑dollar manager has forecast what could become the largest institutional inflow in crypto history. Mark Yusko, CEO of Morgan Creek Capital Management, expects roughly $300 billion to pour into Bitcoin and crypto markets over the next 12 months, driven in part by baby boomers entering via retirement accounts and ETFs. Mark Yusko believes that within 12 months, $300 billion will flow into the crypto sphere – this is 1% of $30 trillion. He linked the potential surge to spot Bitcoin ETF approvals in the U.S., which he sees as a key on-ramp for institutional capital previously excluded by custody...
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A Blue Origin New Shepard rocket launched the NS-34 crew from West Texas on Aug. 3, 2025. The crew included: Crypto billionaire Justin Sun, Arvinder (Arvi) Singh Bahal, a real estate investor and adventurer; Turkish businessman Gökhan Erdem; Deborah Martorell, a journalist and meteorologist; Englishman Lionel Pitchford, who has run an orphanage in Nepal for three decades; and American entrepreneur James (J.D.) Russell. Blastoff! Blue Origin launches crypto billionaire and 5 others to suborbital space, nails landing | 11:35 VideoFromSpace | 2.02M subscribers | 4,440 views | August 3, 2025
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ChatGPT Agents can assist with crypto trading in 2025 by automating research and analysis, while keeping users in control through built-in safety features. Key takeaways ChatGPT Agent can automate crypto trading tasks like research, charting and strategy execution. It integrates real-time data, onchain metrics and sentiment analysis into a single workflow. While powerful, it requires human oversight to avoid hallucinations, API errors or security risks. Multi-agent systems may reshape crypto trading, but strategic judgment remains essential. On July 17, 2025, OpenAI launched ChatGPT Agent. It’s a milestone in AI automation that merges ChatGPT’s real-time web-browsing “Operator,” deep analytical tools and...
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Key points:* Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy. * BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows. * Corporate Bitcoin treasuries add almost 30,000 BTC of exposure in just 48 hours despite market volatility. Bitcoin saw a snap rebound Thursday as markets swapped Federal Reserve angst for strategic reserve excitement. Bitcoin traders eye strategic reserve as rate cut bets dive Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing nearly 3% from Wednesday’s local lows. These had accompanied a more hawkish than expected Federal Reserve meeting...
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Quantum computing developments over the past 12 months, including Google Willow, IBM Majorana 1, and innovations at IBM, PsiQuantum and Atom Computing. Quantum Computing 2025 Update | 17:04 ExplainingComputers | 1.12M subscribers | 3,935 views | July 27, 2025
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Despite having called Bitcoin BTC +0.59% an "immature asset class" that is inappropriate for long-term investors, Vanguard Group has become the largest shareholder in Strategy, according to a report from Bloomberg. Through its funds, the $10-trillion money manager owns 20 million Strategy shares or 8% of the outstanding common stock, according to a Bloomberg chart. Vanguard most likely passed Capital Group Cos. to become the top shareholder of Strategy shares during the fourth quarter, the report said. Strategy (ticker MSTR), formerly known as MicroStrategy, has become a proxy bet for Bitcoin as the company's chief business proposition has been acquiring...
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The X account of Elmo, a Sesame Street hero, posted antisemitic content on Sunday night, calling to "kill the Jews." The content was quickly deleted. In its tweets, Elmo posted, "Kill all Jews." "Elmo says ALL JEWS SHOULD DIE. F-K JEWS. DONALD TRUMP IS NETANYAHU’S PUPPET BECAUSE HE IS IN THE EPSTEIN FILES. JEWS CONTROL THE WORLD AND NEED TO BE EXTERMINATED. “RELEASE THE FILES @realDonaldTrump CHILD F-KER.” Reports said that ten minutes prior to the antisemitic incitement, the hacker posted a photo of Elmo on the moon, wishing readers, "Happy crypto all-time high day, everybody! From Elmo and @onchainstudios....
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Bitcoin topped $112,000 on Wednesday afternoon, notching a new record.The flagship crypto’s rise came on a day when investors returned to risk-on mode, driving the tech-heavy Nasdaq Composite to a record close.Bitcoin has been trading in a tight range in recent weeks.Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of...
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People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will...
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KNOXVILLE, TN — Local Libertarian Steve Kocot was unsure about how best to invest his money and was torn between investing in shiny rocks or some of those newfangled magic computer coins. Kocot's dilemma reportedly came about as soon as he heard on the internet that the collapse of his government-manipulated fiat currency was imminent and that he needed to preserve his wealth in a more stable form before the American empire disintegrated. "It's only a matter of days or weeks or months or years or decades," he said. "Everything our government's Keynesian economic house of cards is built upon...
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The United States should stockpile guns, ammunition and drones instead of bitcoin, JPMorgan Chase CEO Jamie Dimon said Friday at the inaugural Reagan National Economic Forum in California. "We shouldn't be stockpiling bitcoins," Dimon said when asked about how industrial policy is entwined with national security policies during a panel. "We should stockpiling guns, bullets, tanks, planes, drones, you know, rare earths. We know we need to do it. It's not a mystery."
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The mayor of Panama City, Mayer Mizrachi, said the city could potentially establish a bitcoin reserve. The Mayor of Panama City, Mayer Mizrachi, is taking notes on bitcoin from the leader of El Salvador. Speaking at Bitcoin 2025 in Las Vegas on Thursday, Mizrachi said he’s been thinking of ways Panama’s capital city, which is home to the Panama Canal, could implement bitcoin payments. This includes potentially setting up a strategic bitcoin reserve for Panama City, as well as possibly taking payments — including for passage through the Panama Canal — in bitcoin, Mizrachi said. “What if you have a...
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At Bitcoin 2025, economist and author Saifedean Ammous laid out a bold vision for the future of global finance, asserting that Bitcoin - not the U.S. dollar - will anchor tomorrow’s economy, with Tether as the bridge...Saifedean Ammous, CEO of Saifedean.com and author of The Bitcoin Standard, delivered a data-driven keynote at the Bitcoin 2025 Conference, warning of inevitable U.S. dollar decline and positioning Bitcoin as the only rational hedge.“Default, devaluation, or default by devaluation are inevitable,” Ammous declared, adding pointedly, “Tether can’t fix what a century of fiat democracy ruined.”Using projections and flow charts, Ammous argued that Tether’s Bitcoin...
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The second suspect in the alleged kidnapping and torture of an Italian bitcoin dealer inside a SoHo townhouse was seen scowling as he was remanded without bail in court Tuesday night. After he partied it up in the Hamptons over the weekend, William Duplessie appeared in Manhattan Criminal Court, where his lawyer claimed the 33-year-old crypto trader’s criminal case will “begin to unravel” when more details come out. “The facts here are hotly disputed, his involvement is hotly disputed,” attorney Sanford Talkin claimed to Judge Julieta Lozano during his nighttime arraignment hearing. Duplessie, who sported a frown at the hearing,...
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