Swiss National Bank Rejects Bitcoin as Reserve Asset, Citing Risks
Swiss National Bank (SNB) President Martin Schlegel has dismissed the idea of adding Bitcoin to Switzerland’s reserve assets, highlighting concerns over volatility, liquidity, and security. Schlegel’s stance contrasts with a proposal from Swiss Bitcoin advocacy group 2B4CH, which aims to amend the constitution to require the SNB to hold Bitcoin as part of its reserves. […]
Trump Announces Crypto Reserve to Feature BTC, ETH, SOL, XRP, and ADA
U.S. President Donald Trump has directed the President’s Working Group on Digital Assets to include Solana (SOL), XRP, and Cardano (ADA) in the country’s strategic crypto reserve. In a follow-up statement, Trump confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be part of the reserve, emphasizing that they would form its foundation. During his […]
Bybit Hackers Resume Money Laundering, Moving Another 62,200 ETH
North Korea’s infamous Lazarus Group has continued its laundering operations, transferring another 62,200 Ether—valued at $138 million—on March 1 from the massive Bybit hack that occurred on February 21. This leaves only 156,500 ETH still to be moved, according to a well-known crypto analyst. Out of the 499,000 ETH stolen in the $1.4 billion attack, […]