Author: driver789
A Los Angeles County jury has found former Los Angeles Police Department officer Eric Halem guilty of kidnapping and bitcoin robbery in a 2024 home invasion that targeted a teenage cryptocurrency holder. The verdict followed a two-week trial in Los Angeles County Superior Court, where prosecutors argued that Halem, 38, and three alleged accomplices posed as police officers to gain entry to a high-rise apartment in Koreatown. Once inside, they restrained a 17-year-old and his girlfriend and stole a hard drive containing private keys to roughly $350,000 in bitcoin. The victim, who testified under his first name, Daniel, told jurors…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Australia could unlock 24 billion Australian dollars ($17 billion) annually from advances in tokenized markets and digital assets, but only if lawmakers start moving forward with regulation, according to a new report from a local fintech research group.In a report titled “Unlocking Australia’s $24b Digital Finance Opportunity,” which was published on Monday, the Digital Finance Cooperative Research Centre (DFCRC) said regulatory uncertainty, coordination challenges and limited pathways for pilot projects to grow are the biggest constraints facing the industry. One way to address the shortcomings would be to establish a sandbox for testing new technology, such as tokenized financial market use…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is navigating renewed volatility as escalating tensions in the Middle East reshape the macro landscape and weigh on digital assets. Price action has become increasingly reactive to external risk signals, with liquidity thinning during periods of heightened geopolitical uncertainty. While short-term swings dominate headlines, underlying on-chain dynamics suggest a more structural shift may be unfolding beneath the surface. According to a recent CryptoQuant analysis, Ethereum reserves on Binance have declined to approximately 3.46 million ETH — the lowest level recorded since 2020. This contraction in exchange-held…
U.S. President Donald Trump said bankers are trying to undermine the GENIUS Act — the signature stablecoin legislation he signed into law last year — in a Truth Social post Tuesday, and he urged passage of Congress’ crypto market structure legislation without interference.”The U.S. needs to get Market Structure done, ASAP. Americans should earn more money on their money,” he said in the post. “The Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda that will end up going to China, and other Countries if we don’t get The Clarity…
Altcoins have endured a prolonged structural decline since the peak of the 2021 bull cycle. While Bitcoin has managed to preserve portions of its macro uptrend, most alternative tokens have printed persistent lower highs and lower lows across multiple timeframes. For many projects, what began as a cyclical correction has evolved into a multi-year erosion of capital, liquidity, and investor confidence. Related Reading Recent data shared by analyst Darkfost underscores the severity of the situation: approximately 38% of altcoins are now trading near their all-time lows. This figure exceeds the stress levels observed in the immediate aftermath of the FTX…
Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public retirement boards, deferred compensation committees, and annuity savings programs to offer self-directed brokerage accounts that include at least one cryptocurrency investment option by July 1, 2027. The accounts will allow participants to allocate a portion of their retirement savings to bitcoin, crypto assets, or crypto-linked exchange-traded funds, subject to investment guidelines and oversight established by plan administrators.…
A new US housing bill includes a provision that temporarily bans the Federal Reserve from issuing a digital dollar to consumers until 2030. The move represents a shift from previous strong opposition to Central Bank Digital Currencies (CBDCs). Senate Advances Housing Bill With CBDC Ban The Senate on Monday advanced the 21st Century ROAD to Housing Act, a bipartisan bill focused on housing affordability. The legislation aims to merge the housing priorities of both the House and Senate with the Trump administration’s efforts to prevent large institutional investors from acquiring single-family homes. Senators voted 84-6 to move the bill forward…
Voters in North Carolina, Texas and Arkansas will decide on some of the first candidates for the 2026 midterm elections in the United States as primary season kicks off, potentially influencing the future of Congress and crypto legislation.In Texas, Democratic Representative Jasmine Crockett is running for Republican John Cornyn’s US Senate seat for Texas. Crockett, a member of the House of Representatives since 2023, voted for the stablecoin payments bill GENIUS Act in July and FIT21, the previous version of the digital asset market structure bill before the CLARITY Act, which she voted against. Crockett came under scrutiny in 2022 after…
JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation.In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY Act just one day before the Senate Banking Committee was scheduled to vote on it. Dimon argued that there needs to be a line between rewards paid on transactions and interest paid on stored balances.“Rewards are the same as interest,” Dimon said. “If you are going…