Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value. CryptoSlate reported the potential for this move on July 4 after Bitcoin SoftWar author Jason P Lowery The post Bitcoin as US Reserve Asset: Can Trump do it and what would it mean? appeared first on CryptoSlate.

A widespread technical issue with CrowdStrike’s centralized software has led to a global outage affecting various sectors, including planes, railways, and media. The problem, which emerged on July 19, 2024, has caused Windows computers to display the Blue Screen of Death (BSOD), disrupting numerous services and businesses worldwide. CrowdStrike, a leading cybersecurity firm, acknowledged the The post Centralized IT service outage downs planes, trains, banks, LSE and TV channels globally appeared first on CryptoSlate.

Fractal ID, a digital identity verification service provider, disclosed a data breach affecting approximately 0.5% of its user base—according to the company’s website and X profile, this could be over 50,000 users. The compromised API includes sensitive user information such as names, email addresses, wallet addresses, phone numbers, physical addresses, and images of uploaded KYC The post Web3 KYC vendor Fractal ID loses over 50k users’ passport info in data breach appeared first on CryptoSlate.

SEC Commissioner Hester Peirce’s recent comments to Coinage Media have reignited discussions about the potential inclusion of staking and in-kind creation/redemption features in crypto ETFs. Peirce emphasized that these elements, which were excluded from initial ETF offerings, could be revisited in the future. Peirce stated, “I think certainly something like staking or any feature of The post Staking and in-kind redemptions for crypto ETFs can be reconsidered says SEC Commissioner appeared first on CryptoSlate.

In a heated US political climate, financial analyst Michael A. Gayed recently remarked that the rising national debt exceeding $35 trillion is a more significant threat to democracy than political leadership. Gayed emphasizes that the increasing rate of debt outpaces both tax revenues and inflation, creating a precarious fiscal environment. The US federal debt-to-GDP ratio, The post US debt nears $35 trillion, Bitcoin key to surviving ‘catastrophic’ collapse – Voorhees appeared first on CryptoSlate.