Bitcoinist Press Review

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• Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims
  Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran.  In an open letter published Friday, Binance rejected the claims and accused the senator of relying on what it described as […]
• Bitcoin Difficulty Holds Flat As Hashrate Moves Sideways
  On-chain data shows the Bitcoin Difficulty has seen little change in the latest adjustment as a result of the recent sideways trend in the Hashrate. Bitcoin Difficulty Has Only Seen A Change Of 0.45% In The New Adjustment The Bitcoin “Difficulty” refers to a metric built into the blockchain that controls how hard the miners […]
• KuCoin Blocked In UAE As Authorities Mandate Immediate Service Stop
  Seychelles-based cryptocurrency exchange KuCoin has been ordered to halt its operations in Dubai after regulators determined the platform was operating without the required authorization.  The action was announced Thursday by Dubai’s Virtual Assets Regulatory Authority (VARA), which stated that KuCoin does not hold a license to provide virtual asset services in or from the emirate. […]
• Kazakhstan’s Crypto Bet: Central Bank To Begin $350M Digital Assets Investment In Q2
  Kazakhstan’s central bank will soon begin investing up to $350 million from its gold and foreign exchange reserves into cryptocurrency assets and related companies, as part of its broader digital assets strategy. Related Reading: US Watchdogs Submit Crypto, Prediction Markets Rule Plans For White House Review Central Bank Prepares For $350M Investment Into Crypto-Related Assets […]
• Single Swing Vote May Determine Fate Of The CLARITY Act In Banking Committee
  Despite strong backing from President Donald Trump and ongoing discussions at the White House, the CLARITY Act — the Senate’s long-debated crypto market structure bill — remains stalled as political divisions persist and the midterm elections draw closer. The legislation has been slowed by continued resistance from Senate Democrats and the banking industry, both of […]
• The Hormuz Standoff: Why Bitcoin’s Liquidity Drain Is Defying The Global Energy Shock
  Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading above $74,000 but experienced a sharp repricing as investors reacted to escalating developments around the Strait of Hormuz, a critical chokepoint for global energy supply. As […]
• Bitcoin Faces A New Quantum Era As Giant Computing Facility Breaks Ground
  Just over 10,000 Bitcoin — out of nearly 20 million in circulation — sits in wallets actually exposed to a quantum attack. Related Reading: US Moves Bitcoin During Iran Strikes — Market Watches Closely That number comes from CoinShares, a crypto asset management firm, which found in February that only 10,230 coins are both vulnerable […]