government

Ethereum News

Treasury Secretary Scott Bessent testifies on US government Bitcoin bailout policy before Congress.
Ethereum News

Bitcoin Bailout: Treasury Secretary Scott Bessent Warns US Government Will Not Intervene

February 5, 2026 j n

Washington, D.C., March 25, 2025: In a definitive statement before Congress, Treasury Secretary Scott Bessent clarified the United States government’s position on cryptocurrency market stability, explicitly stating that federal authorities will not bail out Bitcoin or direct banks to purchase BTC during periods of market decline. This declaration provides crucial clarity on the limits of […]

Blockchain network with cracked U.S. government seal illustrating crypto theft security failure
Blockchain News

Crypto Theft Exposes Critical Flaws in U.S. Government’s $40 Million Digital Asset Custody

January 26, 2026 j n

Washington, D.C., January 2026: A sophisticated cryptocurrency theft targeting United States federal wallets has exposed fundamental vulnerabilities in how government agencies safeguard seized digital assets. According to blockchain investigator ZachXBT, over $40 million in cryptocurrency was allegedly stolen from wallets under the custody of a federal contractor, triggering a scandal that questions the security protocols […]

Kansas State Capitol with Bitcoin reserve legislation implications for state treasury management
Bitcoin News

Strategic Bitcoin Reserve: Kansas Senator’s Bold Proposal to Transform State Treasury Management

January 22, 2026 j n

In a groundbreaking legislative move that could reshape state financial strategy, Kansas State Senator Bowser has introduced a bill to establish a strategic Bitcoin reserve, potentially positioning Kansas at the forefront of governmental cryptocurrency adoption in the United States. This proposal, reported by Watcher.Guru on February 15, 2025, represents one of the most significant state-level […]

Press Release

Elon Musk Concludes Crucial Role in Government Efficiency Drive

May 29, 2025 playnewswire

Tech entrepreneur and Tesla CEO Elon Musk, a figure often associated with groundbreaking ventures and, yes, even the Dogecoin cryptocurrency, has made a significant announcement regarding his involvement in a different kind of project: U.S. government efficiency. Musk recently shared on his platform, X, that his tenure leading a specific initiative aimed at streamlining government […]