Over $2 billion in Bitcoin was stolen during the PlusToken scam before its collapse, and although Chinese authorities seized the funds, their final disposition remains unclear. Reportedly, local governments have used private firms to sell seized cryptocurrency for cash to boost their finances. China is reported to have sold its entire stash of 194,
Bitcoin to the Rescue? VanEck Proposes BTC Bonds for US Debt Refinancing
VanEck has proposed using BitBonds, a debt instrument that has been created to help the U.S. government alleviate its gigantic $14 trillion debt refinancing issue. BitBonds are expected to be 10-year bonds, with 90% invested in low-risk U.S. Treasury bonds and the remaining 10% in Bitcoin. The U.S. government is currently saddled with the task [&he
$5.5B Crash Forces Mantra Token Burn—CEO Aims to Rebuild Trust
Mantra CEO John Mullin has revealed plans to burn teams’ tokens to restore confidence in the project. Some community members opposed the plan, claiming the team may not be properly motivated. Mantra CEO John Patrick Mullin has revealed plans to burn all the team’s Mantra (OM) tokens. According to Mullin, the aim is to rebuild […]
Binance Slashes BNB Supply by $916M—Price Reaction Ahead?
BNB Chain has burned 1.579 million BNB tokens worth $916 million under its quarterly burn program to manage the token supply within its ecosystem. BNB Chain will continue to burn tokens quarterly until the supply is at 100 million, leaving 40.88 million tokens to be burned. Binance founder and former CEO Changpeng Zhao announced on […]
bitcoin++ mempools and mining edition: The Premier Developer-Centric Bitcoin Event Returns to Austin
Bitcoin Magazine bitcoin++ mempools and mining edition: The Premier Developer-Centric Bitcoin Event Returns to Austin Austin, TX – bitcoin++, the premier developer-focused Bitcoin event, returns to Austin from May 7-9, 2025. This highly anticipated conference brings together Bitcoin engineers, researchers, and innovators for an immersive three-day
Strive Escalates Bitcoin Blitz, Targets $165 Billion Intuit Next
Strive Asset Management’s latest push to persuade major corporations to allocate portions of their balance sheet to Bitcoin has landed at the doorstep of Intuit, the $165 billion fintech firm behind TurboTax, Mailchimp, and other prominent software solutions. The effort follows Strive’s earlier success with GameStop, the video game retailer that ag
Could 1,000 XRP Buy You Happiness? This Analyst Thinks So
Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade. Online Influencers Push Optimistic XRP Price Targets Based on social media comments, XRP supporter Duefe recently asserted that holding 1,000 coins could be sufficient t
Will the United States Dump Gold for Bitcoin? A Geoeconomic Shift in Real Time
Bitcoin Magazine Will the United States Dump Gold for Bitcoin? A Geoeconomic Shift in Real Time The Dawn of a New Reserve Era? From Gold, to Treasuries to Bitcoin The United States has long relied on the dollar and U.S. Treasuries as the twin pillars of its economic, fiscal and monetary strategies. But what happens […]
Bull Bitcoin Expands to Mexico, Enabling Global Bitcoin Payments to Mexican Accounts
Bitcoin Magazine Bull Bitcoin Expands to Mexico, Enabling Global Bitcoin Payments to Mexican Accounts Bull Bitcoin, a leading non-custodial Bitcoin platform, has launched operations in Mexico, allowing anyone—citizens, residents, or tourists—to pay Mexican bank accounts instantly using Bitcoin via Lightning, Bitcoin, or Liquid wallets. Merchants ca
How Market Makers are Sabotaging Cryptocurrency Projects with Covert Deals
Market makers, despite operating discreetly, are posing a significant threat to various cryptocurrency projects. These entities play a critical role in providing liquidity to the market, but their actions can result in negative consequences for projects in the long run. Market makers are professional traders or firms that create liquidity by simult