Donal Trump stands on the promise of making the US a crypto capital of the world, with a series of announcements. He previously appointed David Sacks as White House AI & Crypto Czar to guide policy administration in both of the emerging technologies. Adding to the team of David Sacks,
With the artificial intelligence (AI) market still in its nascency, many experts see this space continuing to undergo a decade-long maturation process to achieve its true economic and social potential. That said, as things stand, the AI market is set to expand at a CAGR of 19.1% between 2024 and
Interpol has issued a Red Notice for Richard Schueler, the founder of Hex, over allegations of tax fraud and assault. A Red Notice is a global request for law enforcement to locate and provisionally arrest someone, although it is not the same as an international arrest warrant. Finnish authorities are
MicroStrategy, led by Bitcoin advocate Michael Saylor, has brought three new members onto its board of directors. Former Binance.US CEO Brian Brooks, Jane Dietze, and Gregg Winiarski joined the board on December 20, as revealed in a recent SEC filing. This expansion brings the total number of board members to
The U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD’s stability. TerraUSD, an algorithmic stablecoin issued by Terraform Labs, collapsed in May 2022, wiping out $40 billion in investor assets. Tai Mo Shan’s actions during
In its continuing “BURNmas campaign,” Bonk has revealed its audacious intention to burn 1 trillion tokens, with the founders estimating a $0.11 price objective. This would be a phenomenal increase of 328,000% from the current price of the BONK token. In addition, upon hearing that the token will be listed
The Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is set to launch soon, following its S-1 amendment submission. Nate Geraci, President of The ETF Store, announced the development on December 21 via social media. This innovative ETF combines 80% Bitcoin and 20% carbon credit futures. It aims to
The crypto global market has witnessed plenty of developments and twists in the year 2024, right from Bitcoin’s long-awaited goal of $100K to even the approval of Bitcoin ETFs. January: The SEC Approves Bitcoin ETFs The U.S. SEC has approved 11 Bitcoin ETFs. Now, the investment community can own the
Google has updated its financial products and services policy to address cryptocurrency-related advertising in the United Kingdom. Starting January 15, 2025, advertisers must meet strict requirements to promote crypto products on the platform. The update mandates that UK advertisers offering cryptocurrency exchanges or software wallets must register with the Financial
Every day new tokens and projects become available in the crypto market, but a few create a name for themselves. One such DeFi project is Lunex Network (LNEX) – a presale star that could revolutionize this space. Some experts see it rising faster than Dogecoin (DOGE) and Shiba Inu (SHIB).
