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News


bitbo.io > news > trump-backs-crypto-ethics-deal

Trump Backs 80% of Senate Ethics Deal on Crypto Clarity Act – Bitbo

12+ hour, 34+ min ago   (333+ words) The White House has agreed to new ethics language in the Clarity Act, clearing one of the last obstacles ahead of a key procedural vote on the cryptocurrency bill in the Senate on Tuesday. The provision bars public officials from…...


bitbo.io > news > malone-lam-pleads-guilty

Singapore Man, 22, Admits to $245M Bitcoin Heist Ring – Bitbo

3+ day, 18+ hour ago   (321+ words) Malone Lam, a 22-year-old citizen of Singapore who had been living in Miami, pleaded guilty in federal court in Washington to leading a cybercrime ring that stole and laundered more than $245 million in cryptocurrency. Lam entered his plea to one…...


bitbo.io > news > plattsburgh-weighs-mining-ban

Plattsburgh Weighs New Bitcoin Mining Ban Over 105MW Grid Cap – Bitbo

5+ day, 4+ hour ago   (207+ words) Plattsburgh, New York, is considering a short-term ban on new crypto ventures while the city rewrites its zoning rules. Mayor Wendell Hughes says a temporary ban would give Plattsburgh time to codify zoning changes that keep new crypto or data…...


bitbo.io > news > liquid-hacker-return-4000-btc

Liquid Hacker Vows to Return 4,000 BTC Once Bug Is Patched – Bitbo

1+ week, 1+ hour ago   (296+ words) The attacker who pulled roughly 4,000 BTC out of Liquid Network’s federation wallet over the weekend says the coins are coming back, on one condition: that the bug behind the withdrawal is patched everywhere first. The party, which Liquid described as…...


bitbo.io > news > fed-hike-odds-trump-pressure

Fed Hike Odds Hit 58% as Trump Threatens Trade Retaliation – Bitbo

1+ week, 4+ hour ago   (356+ words) Interest rate traders now put the chance of a Federal Reserve hike at this month’s meeting at 58.4%, a swing that arrived after a surprisingly healthy set of employment numbers. CME’s FedWatch tool shows nearly 60% of investors betting on a 25 basis…...


bitbo.io > news > morehead-bessent-buyback-bluff

Pantera's Morehead Calls Bessent Bond Buyback a 'Bluff' – Bitbo

1+ week, 5+ day ago   (312+ words) Pantera Capital founder Dan Morehead said the US Treasury’s expanded bond buyback plan backfired, and that bitcoin’s 26% August rally was a direct result. Speaking on Bloomberg Crypto, Morehead argued investors saw through Treasury Secretary Scott Bessent’s move almost immediately. On…...


bitbo.io > news > bitcoin-slips-below-80k

Bitcoin Slips Below $80K as Gold Cools on Falling Yields – Bitbo

2+ week, 6+ day ago   (311+ words) Bitcoin dropped below $80,000 during Tuesday’s Wall Street open after briefly touching 14-week highs of $81,265, as both crypto and gold retreated while US stocks posted modest gains. BTC/USD fell as low as $78,111 on Bitstamp, with the $80,000 zone proving difficult to…...


bitbo.io > news > oil-drops-us-iran-sanctions

Oil Drops 3% as U.S. Shifts to Sanctions Over Strikes on Iran – Bitbo

2+ week, 6+ day ago   (285+ words) Oil prices dropped more than 3% on Tuesday after the U.S. signaled a shift toward economic pressure rather than military strikes to confront Iran, pulling crude benchmarks sharply lower. Brent futures fell 3.2% to $89.20 per barrel, while U.S. West Texas Intermediate crude slid 3.3% to…...


bitbo.io > news > treasury-general-account-bond-buybacks

Treasury Eyes $950B Cash Reserve to Fund Bond Buybacks – Bitbo

3+ week, 1+ hour ago   (267+ words) The U.S. Treasury Department is signaling it could deploy its nearly $1 trillion cash reserve at the Federal Reserve to fund an expanded campaign of buying back longer-term government bonds, according to senior Treasury officials. The move would represent a significant escalation…...


bitbo.io > news > tether-uruguay-mining-collapse

Tether's $120M Bitcoin Mining Venture in Uruguay Falls Apart

3+ week, 11+ hour ago   (330+ words) Tether’s plan to build a bitcoin mining foothold in Uruguay has unraveled after a disagreement with the country’s state-run power utility over electricity supply, according to a Reuters investigation. The stablecoin issuer invested roughly $120 million across two mining sites in…...