CryptoNews

Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion

Ray Dalio warns U.S. debt could reach $60 trillion within a decade, raising the risk of severe financial disruption. The Bridgewater Associates founder recommends 10% to 15% in gold, plus a bit of bitcoin, as currencies weaken. Key Takeaways Ray Dalio expects U.S. debt to reach between $55 trillion and $60 trillion. He recommends 10% to 15% in gold, plus a small bitcoin position. Total federal…
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CryptoNews

Crypto Firm Shut Down After Nine Investors Lose Over £300,000

A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described its operation as displaying hallmarks of a Ponzi-style scheme. Key Takeaways Nine…
CryptoNews

Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework

The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of imprisonment from the national criminal code. Key Takeaways Hungary repealed strict local crypto validation checks to fully align with the EU’s new MiCA framework. The move…
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Binance Helps Stop $1.2M Governance Attack in Under 48 Hours

Binance said its monitoring team detected a malicious DAO proposal, warned the unnamed project and coordinated deposit closures with exchanges before a vote blocked access to roughly $1.2 million in treasury tokens. Key Takeaways Binance detected the proposal with less than…
CryptoNews

Trump Opens Bitcoin Door as US Debt Blows Past $40 Trillion

Treasury Department figures and debt clock readings reported Aug. 19 put total public debt at a staggering $40.049 trillion. About $32.266 trillion sits with the public, while another $7.782 trillion is effectively Washington owing money to federal accounts, including trust funds. Key Takeaways U.S. debt reached $40.049 trillion Aug. 19 as federal interest costs climbed. Bitcoin neared $70,000 as…
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SEC Proposes New Crypto Rules With a $75 Million Offering Path

The SEC proposed specialized exemptions for certain crypto investment contracts, including a pathway for offerings reaching $75 million annually. The plan also introduces a conditional safe harbor and federal disclosure requirements. Key Takeaways Crypto startups could…
CryptoNews

SEC Chair Pushes Crypto Exemptions to Bring Issuers Back to US

SEC Chairman Paul Atkins framed proposed crypto exemptions as a route for returning issuers and investment to the United States. Commissioners Hester Peirce and Mark Uyeda emphasized workable rules, public input, and a shift away from enforcement-led oversight. Key Takeaways Atkins said tailored rules could bring crypto issuers back to the U.S. Peirce credited public input with shaping a workable…
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