Billy Long’s removal from the IRS comes after disputes with the Treasury
President Trump recently dismissed Billy Long as the head of the IRS, just two months after his appointment. Long’s leadership has drawn criticism as the agency has seen six different leaders this year alone. According to sources, Long had conflicts with long-standing Treasury leaders and did not concern himself with the agency’s goal of implementing […]
Pantera Capital announces it has invested more than $300 million in cryptocurrency treasury firms
Pantera Capital’s Investment in Digital Assets Pantera Capital has disclosed that it has invested over $300 million into companies involved with Digital Assets and Treasury (DAT) thus far. This information was shared for the first time in their recent blockchain letter published on Tuesday. The company mentioned that the investment framework for DAT firms is […]
Treasury Secretary Scott Bessent states that Trump thought about bringing Janet Yellen back as Fed chair.
Trump Open to Fed Chair Candidates President Trump appears to be quite flexible regarding potential replacements for Federal Reserve Chairman Jerome Powell. The Treasury Department has indicated that he even considers Post’s Janet Yellen among the candidates. Powell’s term expired in May 2026, and the Trump administration has been interviewing a wide array of potential […]
SharpLink Stock Increases, Then Decreases After $400M Agreement to Strengthen Ethereum Treasury
Simply put Sharplink Gaming is looking to secure an additional $400 million to enhance its Ethereum holdings. The company had raised approximately $900 million last week for its Corporate Treasury Department. Analysts from Standard Chartered suggest that financing for Ethereum firms is increasing, forecasting that these companies could distribute around 10% of all ETH. Sharplink […]
Treasury Secretary Bessent broadens the search for the next Fed Chair
Scott Bescent Evaluates Federal Reserve Chair Candidates U.S. Treasury Secretary Scott Bescent announced he’s considering three candidates for the role of Federal Reserve Chairman, which will become available next year. While he hasn’t named any candidates yet, the selection process is likely to attract significant attention from financial markets. The incoming chair will need to […]
Michael Saylor isn’t worried about the increase of Ethereum treasury businesses.
Michael Saylor, executive chairman of Strategy and a prominent figure in the Bitcoin community, appears unfazed by the increasing interest the Treasury is showing in ether and other cryptocurrencies. “There’s a huge wave of innovation happening in the crypto space. I think it benefits everyone involved in digital assets,” Saylor remarked during a Bloomberg interview […]
Vitalik supports Ethereum treasury companies but cautions against excessive borrowing.
Vitalik Buterin’s Concerns on Ether Treasury Companies Vitalik Buterin, the co-founder of Ethereum, recently expressed his support for Ether Treasury Companies but cautioned that if this trend isn’t managed carefully, it could lead to “over-levered games.” During an interview on the Bankless Podcast released Thursday, Buterin discussed the growing interest from public companies in purchasing […]
Vitalik supports Ethereum treasury companies, but cautions against excessive borrowing.
Vitalik Buterin Backs Ether Treasury Companies with Caution Vitalik Buterin, a co-founder of Ethereum, has expressed support for Ether Treasury Companies, but cautioned that this trend could lead to “overcovered games” if not managed responsibly. During an interview with Bankres Podcast, Buterin highlighted that the rising trend of public companies acquiring and holding Ether (ETH) […]
Trump’s Treasury Department Imposes Sanctions on ‘Narco-Rapper’ El Makabelico for Laundering Streaming Profits to Mexican Drug Lords
US Blacklists Members of Cartel del Noreste Amid Drug Crackdown On August 7, the US government imposed sanctions on three prominent figures from the Cartel del Noreste (CDN), as part of a broader effort to combat drug trafficking alongside immigration enforcement. The Treasury announced on Wednesday the targeting of Abdon Federico Rodriguez Garcia, the CDN’s […]
U.S. Treasury Imposes Sanctions on Los Zetas Rapper and Other Cartel Figures
The U.S. Treasury has sanctioned three leaders of Los Zetas, a notorious cartel, alongside a well-known narco rapper who has celebrated their activities in his music. One of these newly sanctioned leaders was formerly a police officer in Tamaulipas who was secretly involved in cartel operations while still on duty. On Wednesday, U.S. Treasury Secretary […]