Trump Adviser Plans $200M Bitcoin PAC to Shape U.S. Crypto Policy
David Bailey, a Bitcoin advocate and adviser to President Donald Trump, has announced plans to launch a powerful political action committee (PAC) with a fundraising target of $100 million to $200 million. The goal? To push pro-Bitcoin policies at the highest levels of U.S. government and influence the future of cryptocurrency legislation. Bailey, a prominent […]
Phoenix Group Launches $150M Crypto Treasury with Bitcoin and Solana Holdings
Phoenix Group, a publicly listed Bitcoin mining and digital infrastructure company, has officially launched a $150 million cryptocurrency treasury. The treasury is primarily composed of Bitcoin (BTC) and Solana (SOL), making Phoenix Group the first company on the Abu Dhabi Securities Exchange (ADX) to hold crypto assets as part of its corporate reserves. The digital […]
Trump to Move Ahead with Bitcoin Reserve ‘In Short Order’ — Bo Hines
According to Bo Hines, a senior official closely involved with the initiative, the Trump administration is set to move forward with plans to establish a Strategic Bitcoin Reserve . Speaking recently, Hines affirmed that the reserve remains a key priority for the administration, even though it was not detailed in the latest digital asset policy […]
Quantum-Safe Upgrade Breakthrough Leaves Bitcoin and Ethereum Behind
A new cryptographic upgrade promises to shield blockchain wallets from future quantum computing threats, but it won’t work for Bitcoin or Ethereum. Sui Research, a leading player in blockchain infrastructure, has introduced a backwards-compatible method that allows blockchain wallets to upgrade to quantum-safe cryptography without disrupting existing systems. This breakthrough could significantly enhance security across […]
U.S. Seeks Forfeiture of $2.4M in Bitcoin Seized from Ransomware Group
The U.S. Department of Justice is pursuing the forfeiture of approximately $2.4 million in Bitcoin that was seized from a ransomware group known as Chaos. The move follows a detailed investigation that led federal agents to a cryptocurrency wallet believed to be tied to illicit cyber activities, specifically ransomware attacks targeting both public and private […]