Bailey’s Bitcoin investment firm, Nakamoto, is reportedly set to go public after raising $300 million, joining a wave of new players entering the crypto space. David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new...Continue Reading
Yes, you can mine Bitcoin with a gaming PC — but between low performance, high electricity costs and tough competition from ASIC miners, it’s rarely worth the effort. As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining...Continue Reading
StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks. The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to...Continue Reading
Bloomberg reports that North Korea’s crypto hacks and cyber attacks could be put up for discussion at next month’s G7 summit in Alberta, Canada. Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month. Conflicts in Ukraine and Gaza will dominate discussions, but...Continue Reading
A Bitcoin reserve bill passed by the Texas Senate has made progress in the House, advancing out of committee to head to the floor. A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk. The Texas...Continue Reading
Sentiment among Bitcoiners is turning more bullish as Donald Trump is set to announce a trade deal with the UK, which he claims will be the “first of many.” Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade...Continue Reading
Scott Bessent suggested support for the stablecoin and market structure bills being considered in Congress in response to a question about China. Speaking at a hearing, US Treasury Secretary Scott Bessent suggested support for two crypto-related bills moving through Congress. Bessent addressed lawmakers at a May 7 hearing of the House Financial Services Committee, saying...Continue Reading
Core Scientific’s first quarter results saw it more than double its net income from a year ago, but its revenues missed analyst estimates. Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits. Core...Continue Reading
Bitcoin’s price wobbled after the Federal Reserve kept interest rates unchanged but bounced back and reclaimed $98,000 shortly after. Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates unchanged...Continue Reading
Coinbase users are falling prey to social engineering scams, costing users tens of millions of dollars in losses, according to ZackXBT. Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain...Continue Reading
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