Treasury Secretary Bessent said he wants to create US dollar hegemony worldwide using stablecoins. President Donald Trump hosted the first White House Digital Asset Summit on Friday, with a handful of major crypto executives and relevant members of his administration. Trump repeated his promises from his Thursday executive order to...
SBF’s Crisis Manager Resigns After Surprise Jailhouse Interview
Sam Bankman-Fried's crisis manager resigned after the jailed FTX founder conducted a surprise interview without prior approval or coordination. Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview,...
Trump-Related Meme Coins in Freefall as Crypto Market Takes a Hit
The total market capitalization of the crypto sector is down by over 10% in the past 24 hours. TL;DR Trump-themed memes followed the broader decline of the cryptocurrency sector, tanking by double digits. Official Trump has slipped below $12.50, but some analysts believe a resurgence could be on the horizon....
$300B Wiped Out in Trump’s Crypto Market Pump and Dump
US President Donald Trump’s profound impact on crypto markets has been seen this week with a $300 billion pump and dump. President Donald Trump incited a $300 billion crypto market pump on Monday following the announcement of a US crypto reserve. The same Donald Trump has now induced a $300...
SEC Faces Critical Deadlines in Major Crypto Cases as Agency Shifts Direction
The United States Securities and Exchange Commission may be prioritizing crypto litigation as some big court deadlines approach. The financial regulator also appears to be easing up or pausing its rafts of ongoing litigation against crypto companies. However, those with imminent deadlines may still be on the table. “I’m told...
US Officials Crack Down on Bitcoin Mining Hardware Imports: Report
Bitcoin miners in the US face growing uncertainty as customs detainments of foreign ASICs increase. Bitcoin mining hardware is facing increased scrutiny from US officials. Recent seizures at entry points hint at a broader enforcement push that could impact major manufacturers and miners alike. At the request of the Federal...
Roger Ver Seeks Donald Trump’s Help Amid Potential US Extradition
Ver claims U.S. authorities are targeting him for his crypto activism, urging Trump’s support to avoid a potential 109-year prison sentence. Roger Ver has publicly pleaded for assistance from U.S. President Donald Trump, expressing fears that he could soon face extradition from Spain to the United States. In a video...
Harry Jung Appointed to Guide CFTC’s Crypto and Digital Asset Strategy
Trump-era CFTC leadership appoints Harry Jung, former Citigroup executive, to advance the agency’s digital assets agenda. 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...
Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI
Donald Trump-tied WLFI has attracted decentralized stablecoin protocol Frax Finance's $10 million proposal. 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...
Trump’s Digital Asset Executive Order: Here’s What’s Inside
The order creates a Working Group to rethink all digital asset policy in the United States, propose new frameworks, and consider establishing a Strategic Digital Asset Stockpile. 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...
