Barron Trump’s Crypto Investor is Close to a Major Profit
Tron’s Entry into the U.S. Market Justin Sun, a notable figure in the cryptocurrency space, has now made his company, Tron, operational in the U.S. market. Recently, he announced that SRM Entertainment, which is linked to a $75 million investment in the family-run Cryptobank World Liberty Financial, would be undergoing a reverse merger that will […]
Trump Family Lowers Investment in Crypto Venture World Liberty
Simply put The DT Mark, associated with the Trump family, has decreased its interest in World Liberty Financial from 60% to around 40%. This change is happening amid increasing political scrutiny and a Senate investigation into Trump’s connections to cryptocurrency. Donald Trump has reportedly gained both politically and financially from his interactions in this sector. […]
XRP ETF from $1.4 Trillion Firm Delayed by SEC, Major Spanish Bank Supports Bitcoin, Coinbase Introduces New Ethereum-Based Crypto Listings: Crypto News Summary
U.Today shares the latest three news stories from the past day. SEC Delays Decision on $1.4 Trillion XRP ETF Filing The SEC has decided to postpone its ruling on the Franklin Templeton Spot XRP ETF. Initially, it was anticipated that an announcement would be made on May 3rd. However, now the deadline has been extended […]
How the $90M Crypto Theft by Gonjeshke Darande Might Impact Iran’s Government
Hack of Iranian Cryptocurrency Exchange Nobitex On Wednesday, Iran’s cryptocurrency exchange, Nobitex, was hacked, resulting in the loss of approximately $90 million. This incident compounds the woes of an industry already grappling with a $223 million exploitation earlier this month. However, looking beyond the immediate financial implications, this breach seems to carry a deeper, politically […]
Trump urges the House to approve ‘amazing’ crypto legislation: ‘NO DELAYS, NO ADDITIONS’
Trump Advocates for Flat-Coin Regulation Bill On Wednesday, President Trump called on the House to pass a new bill regulating flat-coins for payments, which had recently received Senate approval. He urged lawmakers to get the legislation on his desk without making alterations. “The Senate has passed an incredible bill that will make America a leader […]
Trump Acknowledges Significant Shift in Crypto Prices with Predictions of ‘Trillions’ for Bitcoin Market
Bitcoin and Crypto Price Predictions Amid Political Changes Bitcoin and other cryptocurrencies are seeing increased prices, partly due to the influence of Donald Trump’s presidency. Treasury Secretary Scott Bessent shared ambitious projections for the crypto market last year. By the end of last year, Bitcoin had surged past $100,000, bouncing back from a dip that […]
Justice Department Moves to Claim a Record $225 Million Linked to ‘Pig Butchering’ Crypto Scams
Simply put The U.S. federal government has moved to seize $225.3 million in USDT, which is Tether’s dollar-pegged stablecoin. This particular cryptocurrency is linked to what’s known as “pig slaughter” or confidence fraud. Tether collaborated with the U.S. Secret Service to facilitate these seizures. On Wednesday, officials revealed they filed to seize a significant amount […]
Hackers supporting Israel claim responsibility for $90 million theft from Iran’s biggest crypto exchange.
Hackers have reportedly stolen approximately $90 million from Iran’s largest cryptocurrency exchange recently, according to several independent tracking firms in the crypto space. A well-known pro-Israel hacking group, referred to as “predatory sparrows,” has been launching cyberattacks apparently aimed at further destabilizing Iran during a time of military actions from Israel. In a message posted […]
Are Criminals Actually Moving from Crypto to Gold for Money Laundering?
Simply put British gangs are using gold coins, bars, and grains to conceal the money made from drug trafficking. Experts have raised concerns about gold’s appeal during a shift to cashless transactions, noting that data on its criminal use is largely anecdotal. Unlike cryptocurrencies, which are traceable, gold’s lack of transparency makes it harder to […]
Healthcare firm hires Trump’s crypto advisor, acquires $20 million in Bitcoin.
Bitcoin Reserve Strategy in Healthcare A group of individuals who backed former US President Donald Trump is now joining the advisory board of healthcare companies that are developing a Bitcoin Reserve Strategy. In an announcement made on Wednesday, Prenetics—a health services firm with bases in Hong Kong and the US—revealed plans to invest $20 million […]