Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its…
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Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its…
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A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million. Heart, whose real name is Richard Schueler, was also accused of spending those allegedly stolen funds on luxury items — including the world’s largest…
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A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…
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Crypto self-custodial wallet MetaMask is set to expand support to the Bitcoin and Solana networks and eventually remove gas fees as part of a roadmap of updates for the year. The Bitcoin network will be integrated sometime in the third quarter, while Solana will become the first non-Ethereum Virtual Machine chain that MetaMask supports in…
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The US Securities and Exchange Commission has dismissed its lawsuit with crypto exchange Coinbase on Feb. 27, filings show, ending the case permanently. The SEC agreed to voluntarily dismiss all litigation tied to Coinbase and Coinbase Global with prejudice, which included withdrawing from its initial June 2023 lawsuit and its request for an interlocutory appeal…
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The FBI says it “encourages” private sector entities to prevent Bybit hackers from laundering more funds from the $1.4 billion hack on Oct. 21. Source link
The founder of Gotbit, whose firm was allegedly caught by FBI’s trap token to catch crypto fraudsters, has been extradited from Portugal to the US to face charges. Source link
MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in. Source link
Swan Bitcoin’s John Haar says shockwaves would be sent through the markets if GameStop uses its $4.6 billion in cash to buy Bitcoin and commits to buying more. Source link