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Senator Lummis Pushes Gold Revaluation to Bypass 15% Seized Bitcoin Bottleneck
Senator Lummis Pushes Gold Revaluation to Bypass 15% Seized Bitcoin Bottleneck

Senator Lummis pushes the BITCOIN Act, suggesting gold revaluation to fund the US Bitcoin Reserve and sidestep legal bottlenecks limiting seized BTC.

BeInCrypto·2025/08/14 23:18
US lawmakers accuse Lutnick’s Cantor Fitzgerald of insider trading
US lawmakers accuse Lutnick’s Cantor Fitzgerald of insider trading

Share link:In this post: Senators Wyden and Warren accused Cantor of profiting from insider access to Trump-era tariff policy. They sent a letter demanding full details on refund-related trades and any contact with Trump officials. Cantor allegedly offered companies 20–30% cash for future tariff refunds if courts strike down the tariffs.

Cryptopolitan·2025/08/14 23:00
Flash
  • 12:42
    BitMine increased its holdings by 77,055 ETH last week, bringing the total to 3.313 million ETH.
    According to ChainCatcher, BitMine has announced that its total holdings in cryptocurrencies, cash, and high-risk innovative assets have reached $14.2 billions. Specifically, the holdings include: 3,313,069 ETH; 192 BTC; Eightco Holdings (ORBS) equity valued at $88 millions; $305 millions in unrestricted cash. BitMine disclosed that its ETH holdings now account for 2.8% of the total ETH supply. Last week, it increased its ETH holdings by 77,055 ETH, steadily approaching its target of holding 5% of ETH. The company also revealed that its five-day average trading volume reached $1.5 billions, ranking 46th among US stocks by USD trading volume.
  • 12:32
    Pharos announces adoption of Chainlink CCIP as cross-chain infrastructure
    ChainCatcher News: Programmable open finance Layer 1 platform Pharos has announced the adoption of Chainlink CCIP as its standard cross-chain infrastructure and will utilize Chainlink Data Streams to support its tokenized RWA market. Pharos was founded by former leaders of AntChain and Ant Financial's blockchain division. Its strength lies in providing enterprise-level solutions for institutions exploring green finance, digital payments, and new forms of programmable ownership and asset tokenization. Pharos will enable institutional-grade risk assets (RWA) to be widely accepted by individual investors, thereby driving the adoption of RWA and attracting new users to DeFi and beyond.
  • 12:29
    Tokenized securities market tZero prepares for IPO in 2026
    Jinse Finance reported that Alan Konevsky, CEO of tokenized securities market tZero Group Inc., stated in an interview that the company plans to conduct an initial public offering (IPO) in 2026. Konevsky said that the company's investors include Intercontinental Exchange Inc. The company has been in discussions with bankers, but has not yet determined its IPO partners. He also mentioned that the company is exploring pre-IPO financing. Konevsky stated that the company has more than 50 employees but is not yet profitable.
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