The Legal Challenges Facing DOGE and Musk: Can the Law Keep Up?
The US Department of Government Efficiency, headed by Elon Musk, is under litigation for alleged breaches in relation to the Federal Advisory Committee Act. This organization, though established under the Trump Administration, has been deemed not transparent and not to […] The post The Legal Challenges Facing DOGE and...
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Ranger Labs Raises $1.9M, Eyes AI-Powered Crypto Trading Products
The builders of Solana-based crypto derivatives exchange Ranger Protocol are jumping on the AI train, too, after raising $1.9 million from venture investors. Ranger’s eponymous trading venue pools crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to secure good deals...
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Bitcoin Rises to $106K as Trump Slated to Call Bukele, El Salvador’s Crypto-Friendly President
Bitcoin (BTC) surged past $106,000 on Thursday morning in the U.S. on reports that U.S. President Donald Trump will talk later today with Nayib Bukele, president of bitcoin-friendly nation state El Salvador. Bitcoin advanced more than 3% to session highs in the minutes after the report, erasing early morning...
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Morgan Stanley Figuring Out How to Act as Transactors of Crypto, CEO Says
Morgan Stanley (MS) is figuring out how it can act as a transactor in the crypto market, CEO Ted Pick said. The bank, which has some $1.6 trillion of assets under management, will work with the U.S. Treasury and other regulators to figure out how it can offer crypto...
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BlackRock CEO Larry Fink calls for tokenized stocks and bonds
BlackRock CEO Larry Fink appeared on CNBC’s Squawk Box from the sidelines of the World Economic Forum in Davos, discussing topics such as blockchain, regulatory challenges, and the global economy. Fink advocated for the Securities and Exchange Commission to approve…...
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John McAfee’s Widow Launches Meme Coin, Sparking Debate Over Token Distribution
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....
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Lummis to Lead Crypto-Vital U.S. Senate Panel With Digital Assets Industry Defenders
The U.S. Senate Banking Committee has officially set its roster for the new digital assets committee, putting Senator Cynthia Lummis at the top, as expected. But it also includes two names that received heavy backing from the crypto political action committee Fairshake in the 2024 elections. New Senator Bernie...
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BlackRock CEO Fink Urges SEC To ‘Rapidly Approve’ Tokenization Of Stocks And Bonds
BlackRock Inc. (NYSE:BLK) CEO Larry Fink on Thursday called for the Securities and Exchange Commission to speed up the approval process for the tokenization of traditional financial assets. In an interview with CNBC, Fink emphasized the transformative potential of tokenizing stocks and bonds, stating, “I want the SEC to...
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WazirX Wins Approval From Singapore Court to Repay Users Following $230M Hack
Indian cryptocurrency exchange WazirX has won approval from the Singapore High Court to restructure after the $230 million hack last year. The High Court has allowed WazirX to convene a scheme meeting with users in a “significant step” towards distributing funds lost in the attack and reviving the platform’s...
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Coinbase CEO Brian Armstrong Predicts Bitcoin Will Reach ‘Multiple Millions’ In Value
Despite recent fluctuations, Bitcoin (BTC), the leading cryptocurrency, remains a focal point of discussion among investors and industry leaders. Following its record high of $109,000 just days ago, Bitcoin’s bullish momentum has waned, prompting renewed interest in its future potential. Coinbase CEO Brian Armstrong recently shared his insights on...
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