Politics
In a surprising political twist, former President Donald Trump has appointed Elon Musk and entrepreneur Vivek Ramaswamy to lead the newly created Department of Government Efficiency (DOGE). This bold move has captivated the public and economic observers alike, as it aims to streamline the federal budget and modernize governmental processes.
Politics
In mid-September 2024, former President Donald Trump unveiled a new venture called World Liberty Financial, a project that has garnered attention not only for its political ties but also for its ambitious goals in the blockchain space. Developed in collaboration with his sons, this project aims to create a landing
Politics
The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise
Cryptonews
In a significant display of support for the digital asset industry, politician Donald Trump has once again underscored his endorsement of cryptocurrencies. The U.S. presidential candidate recently announced his intention to become the "crypto president" during a high-profile fundraising event, securing an impressive $12 million in donations
Politics
A group of politicians has sent a special letter to U.S. President Joe Biden, calling on him to intervene in the case of Binance's top executive, Tigran Gambaryan, who has been detained in Nigeria for over three months. Gambaryan faces charges of money laundering and tax evasion.
Politics
In a significant legal development, the U.S. District Court for Utah has officially closed the case against the cryptocurrency firm DEBT Box, marking a notable setback for the Securities and Exchange Commission (SEC). On May 28, 2024, Federal Judge Robert Shelby dismissed the SEC's lawsuit against DEBT
Politics
Former U.S. President Donald Trump has shown interest in an unconventional method to manage the country's soaring national debt, which currently stands at $34.7 trillion. During a recent online event called the Orange Party hosted on the social media platform X (formerly known as Twitter), Trump
Cryptonews
In a bold move to stabilize its national energy supply, Venezuela has officially imposed a ban on cryptocurrency mining across the country. According to government officials, this initiative aims to address the unreliable power supply that has plagued the nation for the past decade. Local law enforcement has already seized
Politics
Hayden Adams, the founder of the decentralized trading platform Uniswap, has publicly called on U.S. President Joe Biden to shift his administration's approach towards cryptocurrencies. In a pointed critique, Adams expressed concerns that Biden’s current disregard for the crypto sector might jeopardize his chances in the
Politics
In a significant move, the Prosecutor's Office of Montenegro has lodged an appeal with the Supreme Court, seeking to overturn the extradition order of Do Kwon. The department has raised concerns, stating that the decision for a simplified extradition procedure could only have been made by the Minister
Politics
In a recent development that has captivated the financial and legal sectors alike, the defense team for Sam Bankman-Fried (SBF), the embattled founder of FTX, has vociferously objected to the U.S. prosecutors' recommendation for a 50-year prison sentence. This stance was taken in response to the U.S.
Cryptonews
In a significant move towards enhancing the regulatory framework for digital assets, the UK is poised to introduce legislation on stablecoins within the next six months, according to politician Bim Afolami. This announcement underscores the UK government's commitment to expedite the regulatory process and align digital assets with