Jerry Bunnell
Trump Administration Rescinds ‘Extreme Care’ Guidance on Crypto in 401(k) Plans
In a significant policy reversal, the Trump administration has rescinded a 2022 Department of Labor (DOL) guidance that had urged fiduciaries to exercise "extreme care" when considering the inclusion of cryptocurrencies in 401(k) retirement plans. This move marks a shift towards a more neutral federal stance on digital assets within retirement portfolios, aligning with the administration's broader pro-cryptocurrency agenda.The original guidance, issued in March...
North Korea Becomes Third-Largest Bitcoin Holder Amidst Cybercrime Surge
In a startling revelation that underscores the evolving nexus between cybercrime and geopolitics, North Korea has ascended to become the world's third-largest holder of...
IMF’s Stance on El Salvador’s Bitcoin Accumulation
El Salvador's pioneering venture into cryptocurrency adoption has reached a pivotal juncture. The International Monetary Fund (IMF) has approved a 40-month, $1.4 billion Extended...
U.S. Bitcoin ETFs Witness Record $930 Million Daily Outflow
In a significant shift within the cryptocurrency investment landscape, U.S. Bitcoin exchange-traded funds (ETFs) have experienced an unprecedented daily outflow exceeding $930 million. This...
Bybit Hack Forensics Reveal SafeWallet Compromise
In a significant security breach that has sent shockwaves through the cryptocurrency community, Bybit, a prominent Dubai-based crypto exchange, suffered a theft of approximately...
Regulatory Developments and Their Impact
The cryptocurrency landscape is undergoing significant transformation, driven by recent regulatory developments in the United States. The Internal Revenue Service (IRS) has introduced new...
Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry
In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was...
Cryptocurrency Market Analysis and Trends
The cryptocurrency market is poised for a transformative year in 2025, with a blend of established tokens and innovative newcomers capturing investor interest. Key...
Emergence of New U.S. Crypto ETFs
The U.S. cryptocurrency market is experiencing a significant transformation, marked by the emergence of new exchange-traded funds (ETFs) linked to digital assets beyond Bitcoin....
Do Kwon’s Legal Proceedings
Do Kwon, the South Korean co-founder of Terraform Labs, has pleaded not guilty to U.S. criminal fraud charges related to the catastrophic collapse of...
MicroStrategy’s Latest Bitcoin Acquisition
MicroStrategy, the world's largest corporate holder of Bitcoin, has reaffirmed its commitment to cryptocurrency with a recent acquisition of 5,262 bitcoins, valued at approximately...
Robinhood’s Expansion into the European Crypto Market
Robinhood Markets, the U.S.-based financial services company renowned for commission-free trading, has officially launched its cryptocurrency trading services across the European Union (EU). This...
Binance’s Ongoing Search for a Global Headquarters
Binance, the world's largest cryptocurrency exchange, remains in deliberation over the location of its global headquarters—a decision influenced by complex factors such as tax...