Sales of Trump Digital Trading Cards, the famous Donald Trump-based NFT collection, soared 2526% in the last 24 hours. These digital collectibles, popularly dubbed as Trump NFTs, continue to rise in fame, sparking great hype in the NFT sector in a short span since December 2022. According to the on-chain
The United States ex-president Donald Trump launched his first NFT collection, named the Donald Trump digital card collection, on December 15, 2022. The NFT collection contains an artistic representation of his life and career. A report from the U.S. Office of Government Ethics shows that he has earned over $1
U.S. regulators continue their crackdown on the cryptocurrency industry, with the head of the Commodity Futures Trading Commission (CFTC) admonishing Binance Holdings Ltd over its compliance with U.S. rules. In a lawsuit against Binance and its CEO, Changpeng Zhao (C.Z.), CFTC alleged that the company and its top executive had
Recent reports on Twitter have announced that Montana has legalized cryptocurrency mining within the state. In February of this year, the Montana Senate House passed the “Right to Mine” Bitcoin (BTC) bill with an impressive vote of 37-13. Also, this bill grants citizens of Montana the right to own and
Today, the United States Securities and Exchange Commission (U.S. SEC) has given the announcement of hiring General Attorneys in places like New York, San Francisco, and Washington. Under the Division of Enforcement, the position of General Attorney is currently available for Crypto Assets and Cyber Unit division. The Division of
Decentralized Finance (DeFi) has been making waves in the financial world as a revolutionary technology. That allows peer-to-peer value transfer on blockchains without intermediaries. However, concerns have raised about the risks associated with DeFi, including money laundering and terrorism financing. According to recent reports, the US Treasury Department released a
A recent tweet states that Binance’s U.S. division faces challenges finding a suitable new banking partner. The objective is to see a financial institution that can securely handle the cash deposits made by Binance users. Binance’s U.S. arm is actively searching for a new banking partner after the recent collapse
As per the reports of Kommersant, a Russian-based newspaper publisher, Russia is considered the world’s second-largest cryptocurrency mining country in the year 2023 – today. Furthermore, the United States ranks at the top of all crypto-mining countries. And, the total power consumption for crypto mining in the US reports 3
On April 6, the first-ever illicit finance risk assessment report of the year 2023 released by the U.S. Treasury Department. Furthermore, this demonstrates the focus on decentralized finance (DeFi) and money laundering services eliciting risk assessment. Meanwhile, the decentralized market intimidates the nation’s security. DeFi Ensures Financial Safety The reports
Texas, the leading Bitcoin mining capital of the world, is just a phase away from passing the most significant anti-Bitcoin mining bill. On Tuesday, the State Committee in Austin approved the bill with zero opposition votes, moving it to the “uncontested” list. Currently, it is in the queue in the
