Wrench attacks push crypto investors towards centralized custodians
Growing Concern Over Wrench Attacks in Crypto Industry There’s a noticeable uptick in interest for security services among cryptocurrency traders and investors, particularly as “dollar wrench attacks”—physical theft attempts targeting individuals in the crypto space—become more frequent. Last year, there were several high-profile cases where investors and business leaders in the blockchain sector faced such […]
Centralized Bitcoin reserves account for 31% of the BTC supply.
Survey Reveals Centralized Holding of Bitcoin Supply A recent study conducted by Gemini and Glassnode indicates that nearly one-third of the Bitcoin supply is under the control of centralized entities, with early adopters holding a notably uneven portion. The centralized Treasury—comprising government bodies, exchange-traded funds, and publicly traded companies—currently manages 30.9% of the circulating supply […]
Federal Government Probably Too Centralized in D.C., ‘Too Close-knit’
Bill Maher’s Thoughts on Government Focus During the online “overtime” segment of HBO’s “Real Time” on Friday, host Bill Maher remarked that the federal government might be “too focused on Washington,” calling it somewhat of an “incestuous” situation. Maher addressed viewers’ questions, noting one from Kash Patel, who mentioned the idea of closing the FBI’s […]
Trump and RFK Jr., speaking at the Bitcoin conference, call for rejecting centralized banking
This weekend, presidential candidates Donald Trump and Robert F. Kennedy Jr. excited crypto enthusiasts and investors with their speeches at the 2024 Bitcoin Conference in Nashville, Tennessee. Speaking on a conference panel, Kennedy described the government’s reliance on the Federal Reserve as “parasitic.” “The relationship between Congress and the Federal Reserve is both parasitic and […]