Elon Musk’s DOGE Is Being Sued Under the Privacy Act: What to Know
At least eight ongoing lawsuits related to the so-called Department of Government Efficiency’s alleged access to sensitive data hinge on the Watergate-inspired Privacy Act of 1974. But it’s not airtight. Powered by...
Coinbase Launches Proof-of-Reserves for cbBTC
Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana. Displaying live proof of bitcoin in custody gives users confidence that at any given […] Powered by...
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti has reported $14 million (1.3 billion rubles) in damages from illegal cryptocurrency mining in […] Powered by...
Libra’s Hayden Davis Says He Sent Money to Javier Milei’s Sister
Reporting from Coindesk has revealed that Hayden Davis, CEO of Kelsier Ventures, one of the entities behind the embattled memecoin Libra, allegedly boasted about sending money to Karina Milei, Argentinian President Javier Milei’s sister, months before the token’s scandalous launch that netted Kelsier $100 million and landed Javier Milei in serious political trouble including a […] Powered by...
Vivek Ramaswamy: Post-’Easy Money’ Economy to Drive Corporate Bitcoin Adoption
As global markets grapple with tighter monetary policies, entrepreneur-turned-politician Vivek Ramaswamy predicts a structural shift in corporate finance strategies, with bitcoin poised to become a staple of institutional treasuries. Bitcoin—A ‘More Common Corporate Treasury Holding’ In a statement on X on Feb. 18, 2025, Vivek Ramaswamy—the former 2024 presidential candidate and former DOGE lead—declared that […] Powered by...
