Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple Labs. The organization argues that a prior decision by the District Court for the Southern District of New York undermines investor protections. Ripple’s Victory Under Scrutiny In […]
In a leadership shakeup at the Commodity Futures Trading Commission (CFTC), Acting Chair Caroline Pham appointed Harry Jung as Acting Chief of Staff on Wednesday. Jung, who previously served as Pham’s Counselor and Senior Policy Advisor, will lead the agency’s crypto and digital assets engagement and will build on his experience at Citigroup and prior […]
Frax Finance has proposed a $5 million investment in WLFI – the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is to position itself as a leading player in the “Made in USA” DeFi ecosystem. The proposal, which was […]
Donald Trump’s executive order on crypto, titled “Strengthening American Leadership in Digital Financial Technologies,” has been signed. Here’s exactly what’s inside the order – which utterly revokes that of the more crypto-hostile Biden administration from two years ago. Broadly, the order establishes the “President‘s Working Group on Digital Asset Markets.” It will be chaired by […]
U.S. President Donald Trump signed an executive order on Thursday to review the creation of a “National Digital Asset Stockpile,” according to Fox News. As reported by FOX Business White House correspondent Edward Lawrence and shared by partner Eleanor Terret, the executive order established a “Presidential Working Group” on digital assets. This group is tasked […]
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account […]
US President Donald Trump’s surprising launch of the Official Trump (TRUMP) meme coin fueled a frenzy as fans and day traders pushed billions of dollars in trading volume. A day later, First Lady Melania Trump joined the trend with her own meme coin, Official Melania (MELANIA), which added to the cryptocurrency craze. But the result […]
TL;DR Pi Network developers have set the Open Network launch condition at 15 million KYC-verified users, with over 9 million already migrated, but some users continue to face verification challenges. The project’s popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple. […]
Janice Elizabeth McAfee, wife of the deceased tech entrepreneur and crypto proponent John McAfee, has launched a new artificial intelligence-themed meme coin, AIntivirus (AINTI), to honor the legacy of her dead husband. While some crypto community members have applauded the move, many have raised concerns about the token’s supply. According to data from Solscan, the […]
Bitcoin’s price actions were somewhat dull for most of the day, but the asset went on a wild rollercoaster in the past hour or so, pumping and dumping by several grand. This has caused a lot of pain for over-leveraged traders, with more than 120,000 such market participants getting wrecked in the past 24 hours. […]