Trump Meme Coins Face Federal Scrutiny
Senator Elizabeth Warren and Representative Jake Auchincloss have called for a federal investigation into the TRUMP and MELANIA meme coins launched by President Donald Trump and First Lady Melania Trump. In a joint letter addressed to agencies including the SEC, CFTC, Treasury, and the US Office of Government Ethics, the lawmakers raised concerns about potential […]
North Dakota Proposes Crypto ATM Regulations to Combat Fraud
North Dakota lawmakers are debating House Bill 1447, introduced on Jan. 15, which proposes stricter regulations on crypto ATMs to protect residents from scams. The bill includes the following measures: The state’s Department of Financial Institutions commissioner, Lisa Kruse, revealed that North Dakota residents filed 103 crypto scam complaints in 2023, leading to combined losses […]
TikTok Owner ByteDance’s $12B AI Bet Amid U.S. Sanctions
ByteDance, the parent company of TikTok, is rumored to be planning a $12 billion investment in AI chips by 2025, according to a report by the Financial Times. The figure represents a doubling of its AI budget from last year as the Chinese tech giant navigates geopolitical tensions and U.S. sanctions. Breaking Down the AI […]
MicroStrategy Expands Bitcoin Holdings by 11,000 BTC
In a bold move, MicroStrategy has expanded its Bitcoin reserves by acquiring 11,000 BTC for $1.1 billion, just a day after President Donald Trump’s inauguration. The acquisition brings the company’s total holdings to 461,000 BTC, purchased at an average price of $63,610 per Bitcoin, including fees and expenses, according to a U.S. Securities and Exchange […]
British Crypto Fraudsters Ordered to Pay Back $30M
Three British crypto fraudsters, convicted of laundering millions stolen from an Australian exchange, have been given a stark choice: repay $30 million within three months or face an additional 14 years in prison. The gang exploited a glitch on CoinSpot in 2017, enabling them to withdraw substantial funds undetected. The ringleader, James Parker, discovered the […]
Bitcoin Surges to New High Ahead of Trump Inauguration
The price of Bitcoin (BTC) surged by over 6% in minutes, reaching a new all-time high of $109,036 ahead of Donald Trump’s inauguration as the 47th President of the United States. Trump’s Inauguration Fuels Market Optimism Bitcoin’s surge comes just hours before Donald Trump’s inauguration, scheduled for 4:00 pm UTC. Trump’s Nov. 6 presidential victory […]
Crypto.com Secures MiCA License for EU Operations
In a landmark move, Crypto.com has become the first major global crypto exchange to secure an in-principle Markets in Crypto-Assets (MiCA) license, allowing it to operate within the European Union’s evolving regulatory framework for digital assets. A Step Toward Regulatory Clarity Eric Anziani, President and COO of Crypto.com, emphasized the significance of this achievement: “We […]
Ripple CTO David Schwartz Reflects on Gary Gensler’s Departure
Ripple’s Chief Technology Officer, David Schwartz, recently took to X (formerly Twitter) to discuss the departure of Gary Gensler as chairman of the U.S. Securities and Exchange Commission (SEC). In a series of tweets, Schwartz touched on the significance of Gensler’s resignation and urged the crypto community to adopt a more united and positive stance. […]
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