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The Department of Government Efficiency (D.O.G.E) headed by Elon Musk has started to make foes as it begins its mission. In a recent report, the department clashed with the United States Treasury Department, leading to the resignation of the highest-ranked official at the department, David Lebryk. Lebryk decided to tender his resignation after Musk asked
Charles Hoskinson, the CEO of Cardano has launched the Wyoming Integrity Political Action Committee. According to reports, the new initiative will be based in Cheyenne, Wyoming, and target procuring government contracts and tech projects in an ethical way. The highlight is to ensure that the system is used for collective gain. The PAC is coming
Crypto exchange Kraken has announced plans to delist Tether’s USDT alongside four other tokens in Europe in strict adherence to the European Union’s Markets in Crypto-Assets Regulation (MiCA). The delisting will take effect in about 30 European countries, including Spain, Sweden, Portugal, and Cyprus. The exchange also added that the delisting process will be in
The Pokémon TCG Pocket developers have agreed to make significant changes to the games trading feature following users' complaints about it. The developers mentioned that they will put the issue in mind as they try to resolve issues created by the January 29 update. According to an update shared on X, the developers mentioned that
Bitfinex Securities has announced plans to issue Blockstream Mining Note 2 (BNM2) in El Salvador in the first quarter of 2025. According to the report, the company noted that the BMN2 is a tokenized product that will provide investors with rewards from Blockstream's bitcoin mining. Blockstream had initially debuted the first version of the BMN
Pump.fun, the Solana-based crypto platform, was hit with a class action lawsuit on Friday. The company and its executives have been accused of opening investors to high-risk financial investments and luring nearly $500 million in fees by allowing the issuing and marketing of unregistered and volatile meme coins, flouting United States securities law. According to
Meta Platforms has adjusted its sales in the first quarter of 2025 to be around $39.5 billion, a figure that falls short of analysts' projections of about $41.7 billion. The first-quarter projections could hamper the company's artificial intelligence investment plans in the remaining part of the year. The projection is coming after the company reached
Japan-based SoftBank Group has hinted at a likely investment in artificial intelligence company OpenAI. According to reports, the company could make an investment of about $25 billion in the firm, becoming its biggest financial sponsor. According to a Bloomberg report, the firm is looking to invest funds between $15 and $25 billion. However, the investment
The countdown is on for the highly anticipated 14th Blockchain Forum, set to take place in the heart of Moscow on April 23-24, 2025.As the CIS market continues to solidify its global role in the cryptocurrency industry, this year’s forum is expected to attract over 15,000 participants, featuring some of the most influential names in
Microsoft has launched an investigation into Chinese startup DeepSeek, following allegations that the firm used ChatGPT to build its recently released R-1 model. The investigation is coming after the firm's researchers accused some individuals linked to the Chinese company of pulling large amounts of data from OpenAI’s application programming interface (API), a Financial Times report
The Securities and Exchange Commission (SEC) has made a new move that could impact the trajectory of cryptocurrency company, Ripple. According to new updates, the regulatory agency has moved its legal tussle against the company to an appellate section. All indications point that the agency has escalated the legal battle, removing it from the previous
PAY360 2025, the largest event dedicated to the global payments ecosystem, will be held on 25-26 March 2025 at ExCeL London. Hosted by The Payments Association, this premier event brings together over 6000 innovators, thought leaders, and stakeholders to discuss the trends, technologies, and challenges defining the future of payments. A Powerhouse of Speakers The
The BTOPEX India Summit will feature insights on business transformation and operational excellence. Attendees will explore key topics such as automation, data analytics, leadership evolution, Global Capability Centers (GCC), BPM, and more, with NASSCOM coming on board as a supporting partner. The BTOPEX India Summit will feature over 30+ distinguished speakers, including top decision-makers and
The 2nd Africa Fintech Forum returns on February 19, 2025, in Johannesburg, South Africa. Supported by the Financial Sector Conduct Authority (FSCA), this premier event champions South Africa's fintech vision and serves as a driving force to position the nation as the regional leader in adopting digital technologies within the finance sector, fostering innovation, collaboration,
Ripple CEO Brad Garlinghouse has been criticized for his comments about Bitcoin maximalism. The Ripple boss opposes making Bitcoin the sole candidate for a potential national crypto reserve. In his tweet, Garlinghouse shared his disapproval, noting that the move will stunt the progress made by the crypto industry so far. “Maximalism remains the enemy of
Bucharest, Romania - CryptoExpo Europe is set to take center stage on March 2-3, 2025, at the Radisson Blu Hotel, promising to be the most comprehensive cryptocurrency and blockchain conference in Eastern Europe. Now in its 3rd edition, the B2B event brings together industry titans, innovators, and thought leaders from global crypto powerhouses to explore
Scott Bessent, the billionaire hedge fund manager and crypto advocate has just been confirmed as the next United States Treasury Secretary by the Senate. The vote ended, with about 68 in favor of Bessent, while 29 people opposed his nomination. The official pick adds yet another powerful ally in Donald Trump's corner, with Bessent sharing
United States President Donald Trump has instigated his first international tariff dispute, following a row with Colombia over deportees. The US President announced a 25% tariff on the country after the South American country blocked the United States military flights transporting deportees. However, the new tariffs have been predicted to affect Americans negatively, driving up
Jordan has announced plans to create a virtual asset framework by the end of the year. The government, represented by its cabinet, has approved the creation of the regulatory framework, which should go live before the end of the year. According to the press release, the country wants to foster a robust digital economy, aligning
The United States dollar has dropped to its lowest points in 14 months, as traders continue to dump the asset after a week filled with United States President Donald Trump making trade threats. According to the Bloomberg Dollar Spot Index, the currency took a massive hit, dropping 1.7% since Friday. This is the sharpest decline
Coinbase has denied animosity against Solana, amid claims that it does not support the company. The company's chief legal officer Paul Grewal debunked these claims after a user asked why the company hates Solana. The CLO mentioned that contrary to what the user thinks, Coinbase has spent millions defending Solana. According to Grewal, the company
Solana-based on-chain DEX Jupiter has acquired a major stake in Moonshot. The application will be instrumental to the exchange as it continues to distribute its JUP tokens. Moonshot, which is also based on Solana, allows users easy access to meme coins with fiat on its app. The acquisition is also coming at a good time