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News
Singapore Man, 22, Admits to $245M Bitcoin Heist Ring – Bitbo
3+ day, 17+ 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…...
Plattsburgh Weighs New Bitcoin Mining Ban Over 105MW Grid Cap – Bitbo
5+ day, 2+ 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…...
Block Files for National Trust Bank to Custody Bitcoin – Bitbo
5+ day, 10+ hour ago (304+ words) Block, Inc. said on September 8 that it has asked the Office of the Comptroller of the Currency for permission to open a national trust bank built around digital asset custody. The proposed institution, Builders Bank & Trust, N.A., would be an uninsured…...
Lummis Warns Crypto Market Bill May Stall Until 2030 – Bitbo
5+ day, 10+ hour ago (259+ words) Sen. Cynthia Lummis says the window for passing U.S. crypto market-structure legislation is closing, and that if this Congress misses it, the next realistic chance may not arrive until 2030. Speaking on September 6, 2026, the Wyoming Republican tied inaction to lost jobs, lost…...
Visa: 160 Stablecoin Card Programs Live, Volume Up 200% – Bitbo
6+ day, 4+ hour ago (364+ words) Visa says stablecoin-linked cards have turned into one of the fastest-growing corners of its network, with more than 160 programs live around the world during its fiscal second quarter. Payment volume across those programs grew nearly 200% year over year, and stablecoin…...
600 Bitcoin Mined in 2010 Moves After 16 Years of Silence – Bitbo
1+ week, 23+ hour ago (264+ words) Bitcoin mined in March 2010 has moved for the first time in more than 16 years, briefly reviving speculation about a link to Satoshi Nakamoto. Twelve addresses holding a combined 600 BTC, worth about $48 million, sent the coins on Saturday after leaving them…...
Bennet Research Traces Mystery Behind 107 Burned Bitcoin – Bitbo
1+ week, 5+ day ago (547+ words) In May 2026, someone deliberately destroyed 107 bitcoin — roughly $8.3 million — by sending them to a provably unspendable burn address. Bitcoin educator Bennet has now published detailed blockchain analysis tracing the coins back through a decade of wallet activity. On May 25, five near-identical…...
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…...
BlackRock: Bitcoin's 50% Pullback Was a Reset, Not a Breakdown – Bitbo
1+ week, 6+ day ago (466+ words) BlackRock published a new research report titled “Re-Underwriting Bitcoin,” arguing that bitcoin’s roughly 50% decline from its October 2025 all-time high near $125,000 was driven by overleveraged positioning and flow rotation rather than any breakdown in its fundamental investment case. The report, authored…...
Bitcoin Slips Below $80K as Gold Cools on Falling Yields – Bitbo
2+ week, 5+ 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…...