Trump Media Files for ‘TruthFi’ Trademark to Offer Crypto Services

Truth Social has been TMTG's focal point, but the application for the TruthFi trademark signals a diversification of its business operations. The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and...

BIT Mining Settles for $10M Over Bribery Allegations in Japan Resort License Bid

The company admitted to conspiring with CEO Zhengming Pan in paying $1.9 million in bribes to secure a resort license. In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company,...

Layer-1 Assets Rally as Market Anticipates Trump’s Pro-Crypto Administration: CryptoQuant

The native cryptocurrencies of Ripple, Cardano, Solana, and The Open Network rallied by double digits as expectations of a favorable crypto environment rose. The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with...

SEC Approves $4.6M Payment to Investors Affected by BitClave’s Crypto ICO

Nearly 9,500 investors were involved in BitClave's ICO, raising $25M before legal troubles halted its ambitions. The U.S. Securities and Exchange Commission (SEC) has confirmed the distribution of over $4.6 million to investors impacted by the unregistered initial coin offering (ICO) of blockchain startup BitClave. The funds will be paid...

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