Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity

Hong Kong’s Securities and Futures Commission has outlined a new ASPIRe roadmap for asset regulation. The agency’s statement details a framework that sets parameters for market entry, investor protection, and operational transparency in the digital asset space. Per an SFC document, the plan introduces a five-pillar “ASPIRe” approach—access, Safeguards, Products, Infrastructure, and Relationships—to address the The post Hong Kong plans major crypto regulatory overhaul highlighting $3 trillion opportunity appeared first on CryptoSlate.

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Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’

Riot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate Bill 21, which would establish a state Bitcoin reserve. His testimony on Feb. 18 detailed the proposal’s role in strengthening state finances amid economic uncertainty and emphasized Bitcoin’s verifiable ledger and capped supply The post Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’ appeared first on CryptoSlate.

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User burns 600 ETH to send sci-fi message warning of Chinese use of brain control devices

Ethereum transactions burning over 500 ETH and sending 591 ETH to WikiLeaks drew attention on Tuesday. Blockchain data show that an account identified as “Hu Lezhi” executed a series of transfers that included donations to WikiLeaks-designated addresses, transfers to null addresses representing token burns, and payments to grant providers. The transactions, totaling over 1,000 ETH The post User burns 600 ETH to send sci-fi message warning of Chinese use of brain control devices appeared first on CryptoSlate.

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Now is a great time to consolidate Bitcoin UTXOs to avoid wasting BTC in fees

Bitcoin’s present fee environment is primed for activating your UTXO consolidation wallet management strategy. Low fee rates near 1–2 sat/vByte have created a window to merge unspent transaction outputs in anticipation of future fee surges. Transaction fees are the product of a transaction’s virtual byte size and the fee rate, so consolidating multiple smaller UTXOs The post Now is a great time to consolidate Bitcoin UTXOs to avoid wasting BTC in fees appeared first on CryptoSlate.

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Bitcoin still en route to $1 million amid focus shift to memecoins

Bitcoin adoption and price trajectory face renewed buoyancy following predictions by Bitwise CEO Hunter Horsley amid 4 days of sustained outflows from spot Bitcoin ETFs. Horsely favors Bitcoin reaching the $1 million mark, with institutional flows into ETFs, increased corporate and state acquisitions, and a rise in wealth management services fueling market interest. Horsley’s remarks The post Bitcoin still en route to $1 million amid focus shift to memecoins appeared first on CryptoSlate.

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