The White House paused the process to advance Brian Quintenz’s nomination as Chair of the US Commodity Futures Trading Commission (CFTC). In early February, President Trump tapped Quintenz, the head of policy at venture capital firm a16z, to head the CFTC. Conflict Concerns Emerge Over Kalshi Ties During CFTC Transition Reports cite growing concerns over…
Tornado Cash founder Roman Storm’s legal team is on the back foot as another key witness decided to plead the Fifth. Court reporters claimed that the jury appeared “overwhelmed” at the remaining jargon-heavy testimony. As the trial continues, it seems like the DOJ’s biggest victories have come from disrupting Storm’s roster of witnesses. Trump appointees…
Roman Storm’s landmark trial is still ongoing, and federal prosecutors admitted that they’re considering charges against employees at Dragonfly Capital, a VC that backed Tornado Cash. The presiding Judge sealed a statement describing the specific employees in question. However, the possible charges wouldn’t be directed at Dragonfly or the entire firm. General Partner Tom Schmidt…
Tether CEO Paolo Ardoino shared a glimpse into the stablecoin issuer’s investment bucket, revealing a diverse portfolio. However, despite the crypto firm’s expansive venture, its foray into the European market remains impeded by MiCA’s stringent demands. Tether Ventures Signals Strategic Shift Beyond Stablecoins Ardoino shared part of Tether’s long-term vision, revealing a sprawling investment portfolio….
President Trump announced a massive trade agreement with Japan, calling it “perhaps the largest Deal ever made.” “We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump wrote in a post on Truth Social. Japan will invest $550 billion in the US and face 15% tariffs on imports while opening…
New York’s viral mayoral candidate Zohran Mamdani has caused a social media storm with his ‘social democratic’ political ideology and engaging campaign approach. However, his crypto stance still remains in the grey. Meanwhile, Mamdani’s opposition is already turning to the crypto industry to swing public opinion. Zohran Mamdani’s Silence on Crypto New York City, a…