Tag: Business
Howard Lutnick appointed as commerce secretary under Trump administration
President-elect Donald Trump has made a surprising nomination for Secretary of Commerce, selecting Howard Lutnick, the CEO of Cantor Fitzgerald, a financial services firm. Lutnick is known for his support of protectionist trade measures...
Crypto’s Impact on the 2024 U.S. Election: Real-Time Updates
The 2024 U.S. Election is unfolding with significant implications for the crypto industry. As the results come in, there are key updates on the candidates and their positions on digital assets. Democratic Senator Elizabeth Warren,...
Bitcoin Price Plunge: Short-term Investors Suffer Losses Below $93k
Bitcoin investors were hit hard recently as the price of the cryptocurrency plunged below $93,000. Short-term investors who were hoping for quick profits found themselves facing significant losses as the market took a downturn. The...
Brazil Launches Cutting-Edge CBDC Cross-Chain Pilot with Chainlink’s CCIP
The Central Bank of Brazil (BCB) is taking a significant step forward in the world of digital currency by collaborating with various partners to launch a new cross-chain pilot program using Chainlink’s CCIP technology....
Poland Presidential Candidate Proposes Bitcoin as National Strategic Reserve
Poland’s libertarian presidential candidate, Sławomir Mentzen, has proposed the creation of a Strategic Bitcoin Reserve if he is elected in May 2025. His vision includes turning Poland into a crypto-friendly hub with supportive regulations,...
Hadron: Tether’s Tokenization Platform for Institutions and Governments
Tether has introduced a new tokenization platform called Hadron, designed to cater to institutions, governments, and corporations. This platform will enable clients to tokenize various assets such as stocks, bonds, stablecoins, and loyalty points....
Tether Shifts Focus to Hadron Amid European Regulatory Challenges
Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether, Paolo Ardoino, mentioned that the regulatory hurdles with MiCA have...
Winning Election Support from Pro-Crypto PACs: Key to Success
Pro-crypto political action committees (PACs) have celebrated a significant victory in the recent U.S. elections, with 48 of their supported candidates emerging victorious. This success, fueled by a record-breaking $135 million in PAC investments,...
Former FTX CTO Appeals for Non-Custodial Sentence in Bankman-Fried Case
FTX’s former Chief Technology Officer, Gary Wang, is making a plea for a non-custodial sentence as he awaits his upcoming sentencing date on November 20. In a sentencing memo dated November 6, Wang's legal...
Challenging Sanctions on Crypto Mixing Services: Legal Battle Against Administrative Overreach
Cryptocurrency transactions may seem anonymous, but they are actually quite public due to the transparency of blockchains. This transparency can be beneficial for law enforcement in tracking illicit activities, but it also poses a...
