Blockchain Association CEO Summer Mersinger praised U.S. President Donald Trump’s newly signed executive orders on Thursday, calling them “a historic shift in how the U.S. treats digital assets and the innovators building in this space.” Summer Mersinger Praises New Executive Orders On August 7, Trump signed two executive orders: one permitting crypto and other alternative…
The Winklevoss twins, Cameron and Tyler, have reportedly invested in American Bitcoin Corp., a new crypto mining company tied to Eric Trump and Donald Trump Jr., according to a report by Bloomberg. The venture, backed by a private placement, combines assets from Hut 8 Corp. and an entity linked to the Trump sons. The exact…
Former United States Securities and Exchange Commission (SEC) Chair and acting U.S. Attorney for the Southern District of New York, Jay Clayton, issued a statement following the conviction of Tornado Cash developer Roman Storm on Tuesday. Jay Clayton Speaks Out On Tornado Cash Verdict In the August 6 statement, Clayton vowed that SDNY is “committed…
Key Takeaways: Binance’s new Mastercard feature is part of a growing trend of exchanges embedding with traditional finance infrastructure. Only euro-based cards are supported for now, but additional currencies may follow pending regulatory and operational factors. Direct card payouts can reduce reliance on banking intermediaries, changing how users access crypto liquidity. Binance users in Europe…
Although the altcoin season index remains subdued, trading behavior suggests pockets of interest are forming. Bitcoin still dominates, but attention is shifting toward select tokens with strong liquidity, real-world activity, or sustained momentum. Dogecoin, Sui, and Pudgy Penguins are among the few making that short list. Dogecoin Holds a Familiar Place Dogecoin (DOGE)’s price is…
Four Australian men, including former barrister Dimitrios Podaridis, are facing money laundering charges for allegedly facilitating sophisticated investment scams that converted victim funds into crypto between January and July 2021. The Australian Securities and Investments Commission alleges the defendants operated fake investment comparison websites and Facebook advertisements to attract investors with fraudulent bonds offering fixed…
Paxos Trust Company has agreed to a $48.5 million settlement with the New York State Department of Financial Services (NYDFS) over allegations it failed to monitor illicit activity linked to its former partner, cryptocurrency exchange Binance. NEW: DFS has secured a $48.5 Million settlement with Paxos Trust Company for anti-money laundering deficiencies and diligence failures….
Ripple, a leading force in enterprise blockchain and crypto-based payments, announced on Thursday its acquisition of stablecoin-powered platform Rail for $200 million. Today, we’re acquiring @RailFinancial: https://t.co/phM8Bnsa7m This strengthens Ripple’s leadership in crypto infrastructure and stablecoin payments by adding Rail’s robust back-office and virtual account capabilities to our global payments network. Learn how this deal…
SharpLink Gaming, Inc. (Nasdaq: SBET), one of the largest corporate holders of Ethereum, has announced a $200 million registered direct offering priced at $19.50 per share. NEW: SharpLink raises $200M in a direct offering led by four global institutional investors at $19.50/share This capital will be used to expand our Ethereum treasury, expected to surpass…
United States Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw is pushing back on the Division of Corporation Finance’s recent liquid staking statement in an August 5 statement of her own. Some Things Are Better Left Unsaid, Caroline Crenshaw Says According to Crenshaw’s Tuesday statement, the federal regulator slammed the division’s statement, alleging that certain…