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🚨 JUST IN: The
#PelosiAct
, aimed at banning congressional stock trading, clears committee with a tight 8-7 vote 🗳📉
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🚨 #JimCramer says he’s buying #Bitcoin for his kids 📢 The ultimate market flip? The same man who once called $BTC a "scam" is now stacking sats for the next generation.
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🇺🇸 Will a U.S. Strategic Bitcoin Reserve Become Reality? Bo Hines Offers Insight 🏛 The long-awaited White House crypto report is finally out — but notably absent is detailed commentary on the highly anticipated Strategic Bitcoin Reserve. That hasn’t stopped industry speculation. 📢 In a recent interview, Bo Hines, Director at the President’s Council of Advisers on Digital Assets, addressed the elephant in the room: “We do believe in accumulation... We also have the strategic national digital assets stockpile. We’re enormous fans of Bitcoin and the Bitcoin community, and I’m certain that we will deliver.” 🔑 Key Takeaways: ▫️ Bitcoin Reserve remains a national priority, despite report silence ▫️ U.S. digital asset stockpiling is already underway ▫️ Implementation takes time — but momentum is real ▫️ Signals growing federal alignment with the Bitcoin-first narrative 📊 As institutional adoption grows and nations consider BTC in sovereign reserves, the U.S. making a formal move could redefine global crypto economics. 🔍 Are we entering the era of nation-state crypto reserves? #Bitcoin #CryptoPolicy #CryptoRegulation #USCrypto #WhiteHouse https://coingape.com/will-strategic-bitcoin-reserve-make-a-comeback-digital-assets-director-bo-hines-answers/?utm_source=bnb&utm_medium=coingape
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🚨 $44M CoinDCX Hack: Employee Arrest Raises Critical Questions on Cybersecurity & Insider Risk ⚠️ In a major setback for India’s crypto space, CoinDCX has confirmed a $44 million hack involving one of its internal accounts. While no user funds were impacted, the case has taken a dramatic turn: a CoinDCX software engineer has been arrested, accused of unintentionally aiding the breach. 🔑 Key Developments: • Police allege the engineer’s company-issued laptop was compromised via malware • Hackers posed as recruiters in a social engineering attack to gain access • Engineer denies intentional wrongdoing, citing possible internal vulnerabilities • $44M in crypto was siphoned to six wallets in under 8 hours on July 19 💡 This incident underscores a growing challenge for Web3 companies: ➡️ Human error and insider access remain the top cybersecurity vulnerabilities ➡️ The importance of robust endpoint protection and zero-trust policies is more crucial than ever ➡️ Cyber hygiene training must evolve to counter increasingly sophisticated social engineering tactics #CoinDCX #Crypto #Cybersecurity #Web3 #Blockchain https://coingape.com/coindcx-employee-arrested-in-44m-crypto-hack-denies-involvement/?utm_source=bnb&utm_medium=coingape
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🚀 Pi Network Expands Fiat On-Ramp Options with TransFi Integration 🌐 In a strategic move to enhance accessibility, Pi Network has added TransFi as its third fiat on-ramp, joining Banxa and Onramp Money — a welcome upgrade amid recent purchase delays from Onramp Money. 🔹 What this means for users: ▫️ Seamless Pi Coin purchases via credit cards, Apple Pay, and Google Pay ▫️ Eliminates reliance on risky peer-to-peer trades and complex transfers ▫️ Real-time fiat access in over 85 countries and 250+ payment methods ▫️ Localized solutions — like GCash in the Philippines and competitive FX rates in Hungary 💡 TransFi’s integration marks a major step toward mainstream usability and global scalability for Pi Network, bringing real-world utility closer to Pioneers around the world. ⚖️ With growing regulatory clarity and smoother infrastructure, is mass adoption finally within reach for crypto projects like Pi? #PiNetwork #CryptoPayments #TransFi #Blockchain #Web3 https://coingape.com/pi-network-adds-3rd-fiat-option-for-pi-coin-purchase-despite-onramp-money-challenges/?utm_source=bnb&utm_medium=coingape
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🚨 XRP Lawsuit Rumors Stir Controversy — and Raise Questions About AI Advice 📢 The XRP community was set abuzz after Elon Musk’s AI chatbot, Grok, reportedly claimed that the SEC had dropped its lawsuit against Ripple. Some even speculated that the appeal might be withdrawn as early as today. ⚖️ However, respected former SEC attorney Marc Fagel was quick to debunk the claim: "Don’t rely on Grok for complex legal matters." 🔑 Key Takeaways: ▫️ No official filings have been made by either Ripple or the SEC to withdraw their appeals ▫️ Fagel cautions that litigation procedures could take up to two months to finalize ▫️ Highlights the importance of verifying legal developments through credible sources — not AI summaries ▫️ Sparks a larger conversation on the limitations of AI in specialized domains like law 🤖 This episode underscores a critical point: While AI tools can be powerful for general information and trend spotting, they are not substitutes for domain expertise — especially in legal or regulatory matters. 🔍 Should AI platforms be more transparent about their confidence levels and data sources in sensitive areas like finance and law? #XRP #Ripple #SEC #GrokAI #ArtificialIntelligence https://coingape.com/grok-claims-xrp-lawsuit-settled-lawyer-says-dont-trust-ai/?utm_source=bnb&utm_medium=coingape
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