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The United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government.The administration told lawmakers this week that the war cost at least $11.3 billion through its first six days, Reuters reported on March 11.According to the report, the $11.3 billion estimate came from a closed-door briefing for senators on Tuesday and did not include the full cost of the conflict.Meanwhile, the US officials also told lawmakers that $5.6 billion in munitions was used in the first two days of…

In brief Europol and partners announced the disruption of the “SocksEscort” malicious proxy service and the freezing of $3.5 million in cryptocurrency linked to the operation. The network allegedly compromised more than 369,000 routers and IoT devices and offered customers more than 35,000 proxies. The U.S. DOJ said the service enabled fraud including bank and crypto account takeovers, citing a New York victim allegedly defrauded of $1 million in crypto. European and U.S. authorities have announced the dismantling of a major malicious proxy operation tied to malware-infected home and small-business routers, freezing $3.5 million in cryptocurrency and seizing infrastructure used to support fraud.Europol said the March…

Bitcoin Sports Network (BSN) will host the 3rd Annual Bitcoin Golf Championship on April 26, 2026, at Bali Hai Golf Club in Las Vegas, Nevada. The event is scheduled alongside the Bitcoin Vegas Conference at the Venetian, which starts on the 27th of April. Whale Pass holders for the Bitcoin Vegas 2026 conference get a 10% off the 3rd Annual Bitcoin Golf Championship as well! With code WHALE26 at checkout. The announcement follows the 2nd Max & Stacy Invitational, which BSN organized in January at El Encanto Country Club in La Libertad, El Salvador, in partnership with Max Keiser and…

March 12th, 2026 – Tel Aviv, Israel Playnance, a Web3 infrastructure company focused on blockchain-based digital entertainment platforms is set to launch G Coin on March 18th, the utility token powering activity across its ecosystem of on-chain gaming, prediction markets, and interactive financial platforms. Unlike many token launches that precede product adoption, G Coin enters the market as part of a live ecosystem already processing significant daily activity. According to Playnance’s public tracker, the token currently has more than 200,000 holders, with approximately 13 billion G Coin distributed during the presale phase and an estimated market capitalization of around $38…

AI pressure points in tech labor are real, and Bitcoin will feel them through macro, not mystiqueAfter years of claims that AI will cause chaos in the labor market, sentiment seems to be at an all-time low around AI layoffs, with social media accounts surfacing to track how fast white-collar tech work is already being hollowed out.Reality is less straightforward. Companies are cutting selectively, management teams are using AI and efficiency language more openly, and hiring is shifting toward AI-heavy and infrastructure-heavy roles faster than unemployment is rising. That gap suggests the labor market narrative is changing before the labor…

In brief OP Labs, the core development team behind the Optimism network, is laying off 20 employees. The firm aims to narrow its focus, make faster decisions, and reduce coordinating overhead. The decision comes during a time when Ethereum leaders like Vitalik Buterin are calling for a change to its layer-2 ecosystem. OP Labs, the core development team behind Ethereum layer-2 network Optimism, is laying off 20 employees as the firm seeks to make quicker decisions and reduce overhead. The decision “reflects a narrowing focus” and was not made due to financial constraints, according to an internal note shared publicly by…

In brief Nvidia launched Nemotron 3 Super, a 120B open-weight AI model optimized for autonomous agents and ultra-long context tasks. The hybrid Mamba-Transformer MoE architecture delivers faster reasoning and over 5× throughput while running at 4-bit precision. Nvidia’s $26 billion investment into open-source AI wants to counter China’s rise in the field. Nvidia just shipped Nemotron 3 Super, a 120-billion-parameter open-weight model built to do one thing well: run autonomous AI agents without bleeding your compute budget dry.That’s not a small problem. Multi-agent systems generate a lot more tokens than a normal chat—every tool call, reasoning step, and slice of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Thursday, the US Senate voted decisively to ban the implementation of a Central Bank Digital Currency (CBDC), reflecting a growing bipartisan concern among lawmakers about protecting “financial freedom.”  CBDC Measure In Housing Bill The Senate passed the bipartisan housing package known as the 21st Century ROAD to Housing Act. Within this bill, a specific provision prohibits the Federal Reserve (Fed) from issuing a retail CBDC, aiming to curb the rise of digital currencies that could compete with private financial systems. Market expert MartyParty provided a breakdown…

The Bitcoin Policy Institute (BPI) is urging Congress to broaden proposed de minimis tax relief for digital assets beyond payment stablecoins to include bitcoin and other major network tokens. Under current law, bitcoin is treated as property, which means every purchase with the asset triggers a capital gains calculation, regardless of transaction size.  BPI argues that this framework discourages routine payments, such as buying coffee or sending small remittances, because users must track cost basis and report minor gains and losses. Lawmakers have worked on several approaches in the 119th Congress. Senator Cynthia Lummis introduced a standalone bill that would…

In brief A Singapore court has sentenced Zhang Xinghua, 38, to two years in prison over a conspiracy linked to the theft of $6.9 million in crypto from SafeX. Prosecutors said Zhang used coin mixer Tornado Cash to obfuscate some $1.6 million worth of the proceeds. Police have seized or frozen about $2.1 million in crypto, while around $4.8 million remains outside Singapore authorities’ reach. A Singapore court has sentenced Chinese national Zhang Xinghua, 38, to two years in jail after he pleaded guilty to conspiracy to misuse a computer system and dealing with benefits of criminal conduct, in a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum network has gone parabolic relative to other major blockchains in terms of growth in non-empty addresses. Ethereum Far Exceeds Other Top Cryptos In Total Amount Of Holders In a new post on X, on-chain analytics firm Santiment has compared the trend in the Total Amount Of Holders between Ethereum and other top cryptocurrencies like Bitcoin. This indicator measures, as its name suggests, the total number of addresses present on a given network that are carrying a non-zero balance. When the value of…

South Korea’s move to suspend Bithumb over AML failures turns a local compliance case into a market-structure story.Enforcement against the country’s second-largest exchange threatens to reroute retail flows, deepen venue concentration, and degrade one of crypto’s most-watched regional pricing signals: the kimchi premium.Compliance case hits market plumbingThe Korea Financial Intelligence Unit sent Bithumb a preliminary notice of a six-month partial business suspension for alleged anti-money laundering and know-your-customer failures, including transactions involving unreported overseas virtual asset service providers.Local reporting indicates the measure would primarily restrict new customers’ external crypto transfers while existing users retain normal Korean won trading and deposit…