Representative Ritchie Torres is reportedly preparing to introduce legislation prohibiting federal officials from owning or trading crypto while in office.  The measure seeks to close potential conflicts of interest and expand existing financial ethics rules to include digital assets. The proposed bill would apply to a wide range of public servants, including members of Congress,
The post Congressman Torres proposes bill to ban federal officials from trading or owning crypto appeared first on CryptoSlate.

Bitcoin Magazine

Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe
Revolut partners with Lightspark to bring faster, cheaper Bitcoin payments to users in the UK and Europe, leveraging the Lightning Network and Universal Money Address for seamless, real-time transactions.
This post Revolut Integrates Lightspark for Lightning-Fast Bitcoin Payments in the UK and Europe first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

US President Donald Trump’s administration plans to rescind Biden-era AI chip curbs as part of a broader effort…

Strive Asset Management is adopting Bitcoin as a treasury reserve asset after pushing other firms to do the same, unveiling a reverse merger.

USD1 stablecoin airdrop voting has just kicked off as World Liberty Financial (WLFI) is now taking steps toward…

The Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer crypto services, namely custody and execution, including through third-party providers, provided they adhere to sound risk management practices and legal compliance.  The clarification, issued through Interpretive Letter 1184, confirms and expands on earlier
The post OCC reaffirms banks’ authority to offer crypto services without prior approval appeared first on CryptoSlate.

Bitcoin Magazine

Scotland’s Lomond School and Saifedean Ammous Launch New Bitcoin Scholarship Program
In a bold new step blending education and Bitcoin innovation, Lomond School has announced the launch of the Satoshi Scholarships, a first-of-its-kind Bitcoin-powered scholarship initiative, according to a press release sent to Bitcoin Magazine. The announcement comes alongside a strategic partnership with renowned economist Dr. Saifedean Ammous to develop an Austrian economics curriculum for students.
This post Scotland’s Lomond School and Saifedean Ammous Launch New Bitcoin Scholarship Program first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report
The post ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams appeared first on CryptoSlate.

Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams.  The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report
The post ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams appeared first on CryptoSlate.

The cryptocurrency world is volatile and fluctuating, yet continues to draw millions of new traders who wish to…