A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing […]
Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System
Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure financial messaging system as an alternative to the SWIFT […]
Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto
An expert in applied cryptography has argued that zero-knowledge proofs offer a promising solution for balancing privacy and regulatory compliance in blockchain technology. Low Computational Power Limits ZKPs Use Cases Zero-knowledge proofs (ZKPs) can provide blockchains with privacy without sacrificing regulatory compliance, according to Nanak Nihal Singh Khalsa, co-founder of Holonym. This capability makes ZKPs […]
Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase
Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected […]
Crypto Comeback: VC Investments Soar 46% in Q4 2024
In Q4 2024, venture capital (VC) firms invested $ 3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $ 3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher …