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When crypto critic Peter Schiff criticized XRP’s inclusion, Cardano founder Charles Hoskinson rebutted, stating: “XRP is great technology, a global standard, survived for a decade through many harsh cycles, and has one of the strongest communities.”
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Executives at Cardano and Ripple defended Trump’s decision to potentially include their tokens in the Trump administration’s Crypto Strategic Reserve.
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Winklevoss added that it would be better to stockpile XRP, ADA and SOL as opposed to actively purchasing them in the open market.
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“Maybe Ethereum. Digital gold and digital oil. Which mirrors America’s physical reserves of gold (Fort Knox, NY Fed, etc.) and oil (Strategic Petroleum Reserve),” Winklevoss said.
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Yale Li, the executive chairman of WDTA, highlighted the institute’s three core initiatives. These include building a “safety-native” technological framework, establishing a “human-oriented” value system and commitment to “responsible innovation.”
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While at the CFTC, he was pro-crypto, backing the integration of digital asset derivatives and crypto products into the federal agency’s regulatory framework. Even after his tenure ended, Quintenz continued to have pro-crypto stances.
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The attack highlights that even centralized exchanges with strong security measures remain vulnerable to sophisticated cyberattacks, analysts say.
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State legislators have already passed 30 pro-crypto and blockchain bills, including a legal framework for decentralized autonomous organizations (DAOs), and Governor Mark Gordon is the chair of the Stable Token Commission.
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Apollo revealed that the stable token will likely hit testnet in the next six weeks and launch next quarter.
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“I think that’s a great starting point. But I do think having a real-time, traceable ecosystem is exponentially better,” he said.
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Apollo said the existing WyOpen digital platform highlighted the state’s willingness to embrace financial transparency:
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“Wyoming took its first bold step toward a strategic Bitcoin reserve,” Wyoming Senator Cynthia Lummis wrote in a Jan. 17 X post, following the introduction of the bill titled “State Funds-investment in Bitcoin,” which, if passed, allows a portion of Wyoming state funds to be invested in Bitcoin.
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Wyoming, in the United States, has introduced a bill to create a Strategic Bitcoin Reserve, joining several other states nationwide ahead of Donald Trump’s presidential inauguration on Jan. 20.
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Kwon was apprehended in Montenegro in 2023 after authorities arrested him for using falsified travel documents. He was sentenced to four months in prison but remained in custody for much longer as courts tussled over his extradition destination.
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The YouTuber argued that the launch of the memecoin was not a rug pull and that her team pre-sold millions of tokens to “strategic advisers,” who offloaded the memecoin early.
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Popular YouTuber “Coffeezilla” took to social media to dispel rumors about the HAWK launch.
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Six councilors supported the motion, two were in opposition, and three were absent from the vote altogether.
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Mayor Ken Sim introduced the motion to become a “Bitcoin-friendly city” before the Dec. 11 meeting, suggesting it could be a way to safeguard against inflation and currency devaluation.
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With penalties and interest, WazirX has paid 20% more than the GST amount it was accused of not paying, or 49.18 crore rupees ($5.8 million).
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The statement mentioned 17 crypto companies found to be involved in GST evasion, including WazirX with 40.5 crore rupees ($4.8 million) in unpaid GST taxes, CoinDCX with 16.84 crore rupees ($1.9 million) and CoinSwitch Kuber with 14.13 crore rupees ($1.7 million).
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