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U.S. lawmakers seek a Treasury assessment on the feasibility and security of the U.S. government holding Bitcoin. The request aims to evaluate practical options and risks around custody, protection, and management of government-held BTC, reflecting growing policy attention to how digital assets might be handled at the federal level.

Eightco shares jump about 3,000% after the company outlines a Worldcoin-related treasury strategy and invests in BitMine. The move ties the firm’s capital strategy to exposure to Worldcoin and a position in BitMine, prompting an extreme revaluation by traders who are reacting to the company’s pivot toward crypto-linked assets.

Upbit, a major South Korean crypto exchange, launches an Ethereum Layer-2 network. The initiative introduces an L2 chain connected to Ethereum to expand scaling capacity for users in South Korea and within the Upbit ecosystem, positioning the platform to support higher throughput and greater on-chain activity tied to Ethereum-based applications.