Rep. Maxine Waters criticized Donald Trump’s involvement in various cryptocurrency ventures during a recent U.S. House Financial Services Committee hearing, accusing him of enriching himself at the expense of investors and the public. On April 9, Waters, a Democratic congresswoman and committee member, raised concerns about Trump’s crypto projects, stating that his personal wealth had … Read more
A U.S. District Court in Nevada has granted Kalshi, a crypto-based prediction market, a preliminary injunction, temporarily halting the state’s efforts to block its operations. The ruling, issued by Judge Andrew P. Gordon on Tuesday, allows Kalshi to continue offering sports event contracts in Nevada while its legal challenge against the state proceeds. According to … Read more
Goldman Sachs has reversed its recession forecast after President Donald Trump announced a 90-day pause on most of the administration’s new tariffs, calming markets rattled by trade war fears. Earlier on Wednesday, Goldman analysts had shifted to a recession baseline following the rollout of new country-specific tariffs. However, after Trump’s announcement, the firm updated its … Read more
MicroStrategy faces potential liquidation risks as Bitcoin’s price drops to within 10% of the company’s average buying price, sparking investor fears and a significant decline in its stock value. MicroStrategy is one of the largest institutional holders of Bitcoin, having accumulated over 528,185 BTC, valued at approximately $40.94 billion. The company’s substantial Bitcoin holdings have … Read more
Binance, a major cryptocurrency exchange, has concluded its first community-driven “Vote to Delist” process, resulting in the removal of 14 crypto tokens from the platform, marking a significant shift towards user-influenced oversight. Binance confirmed on April 8 that the initial round of voting had resulted in the selection of these 14 tokens for full removal … Read more
Cybersecurity firm Kaspersky has uncovered a malicious campaign where hackers embed malware within fake Microsoft Office add-ins distributed on the software hosting site SourceForge, aiming to steal cryptocurrency from unsuspecting users. One of the malicious listings, called “officepackage,” includes real Microsoft Office add-ins but conceals a malware known as ClipBanker. This malware replaces a copied … Read more
Pakistan is set to capitalize on its surplus electricity by leveraging it to power Bitcoin mining operations, aiming to transform unused energy into a profitable venture within the burgeoning cryptocurrency market. The initiative to utilize excess electricity for Bitcoin mining is poised to unlock new revenue streams for the country. By tapping into the growing … Read more
Asset manager 21Shares has filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch a spot Dogecoin exchange-traded fund (ETF), joining Grayscale and Bitwise in seeking approval. 21Shares has become the third asset manager to file for a DOGE ETF after submitting the S-1 form to the US SEC. The next … Read more
Senator Elizabeth Warren is calling for an official investigation into former President Donald Trump’s recent tariff policies amid allegations of market manipulation and economic harm, sparking a new wave of debate. U.S. Senator Elizabeth Warren has recently sent shockwaves across America by calling for an investigation into Donald Trump’s new tariffs. On Thursday, April 10, … Read more
Apollo is doubling down on its push into real-world assets with a strategic investment in Plume, a platform specializing in real-world assets (RWAs) integrated with decentralized finance (DeFi) technology. Apollo made a seven-figure investment in Plume, although the exact amount was not disclosed. This investment follows Plume’s $20 million Series A funding round announced at … Read more