According to STRAITS, David Balland, co-founder of the largest cryptocurrency hardware wallet Ledger, was kidnapped with his wife at their home in central France on January 21. The kidnappers demanded a ransom of about 10 million euros in cryptocurrency. To put pressure on them, the kidnappers cut off one of Balland's fingers and sent the video to another co-founder of Ledger. French police have rescued the two and a total of 10 suspects have been arrested. Part of the cryptocurrency ransom paid has been tracked and frozen. — link : Wu Blockchain News
The Straits Times
Kidnapped co-founder of French crypto firm Ledger had his hand mutilated
David Balland and his wife were kidnapped from their home in central France on Jan 21. Read more at straitstimes.com. Read more at straitstimes.com.
According to Crypto Briefing, the U.S. Arizona Senate Finance Committee passed the Strategic Bitcoin Reserve Act (SB1025) on January 27, which allows up to 10% of public funds to be invested in virtual currencies such as Bitcoin. The bill will be submitted to the Senate Rules Committee, and if approved by the full Senate, it will be submitted to the House of Representatives for deliberation. — link : Wu Blockchain News
Crypto Briefing
Arizona Senate committee approves strategic Bitcoin reserve bill
Arizona Senate Finance approves Bitcoin reserve bill allowing public funds to invest up to 10% in digital assets.
The Web3 game SOMO is advancing its TGE (Token Generation Event) and has announced its upcoming launch on the Abstract Ecosystem. Developed by a team of over 75 professionals from renowned gaming companies such as Rockstar, EA, and Ubisoft, SOMO has raised over $20 million and plans to release a trilogy of games: TapTap Tripps, SOMO Duel, and SOMO Battleground. Positioned as the “Pokémon of blockchain,” SOMO aims to build a global gaming IP. — link : Wu Blockchain News
Crypto Briefing
Arizona Senate committee approves strategic Bitcoin reserve bill
Arizona Senate Finance approves Bitcoin reserve bill allowing public funds to invest up to 10% in digital assets.
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🚨 🚨 🚨 🚨 25,000,000 #XRP (77,701,709 USD) transferred from #Upbit to unknown wallet
Details : Whale Alert
Details : Whale Alert
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Arizona Senate committee approves a bill to establish a strategic Bitcoin reserve, allowing up to 10% of public funds to be invested in digital assets. - Cryptobriefing : Leviathan News
U.S. Senate confirms pro-crypto Scott Bessent as Treasury Secretary in a 68-29 vote, set to shape crypto regulations under the Trump administration. - The Block : Leviathan News
The Nvidia crash yesterday had ripple effects on the crypto market, with CME traders rapidly de-risking.
Bitcoin futures basis fell to negative terrain for the first time since August 2023, while notional OI saw its largest daily decline ever of a massive 17,225 BTC — link : unfolded.
Bitcoin futures basis fell to negative terrain for the first time since August 2023, while notional OI saw its largest daily decline ever of a massive 17,225 BTC — link : unfolded.