A recent presidential pardon for a wealthy businessman has sparked a debate. Changpeng Zhao, the founder of Binance, the world's biggest cryptocurrency exchange, was pardoned after his company helped a Trump family business. Zhao had pleaded guilty to serious crimes and paid a huge fine. He even spent time in jail. But now, he's free, and people are wondering why. Z...
The Bank of England has shared its updated plans for managing stablecoins, a type of digital currency tied to stable assets like the British pound. This isn't the first time they've talked about this, but their latest ideas have sparked some debate. The bank has been gathering thoughts from various groups, including banks, tech experts, and even individuals. They've...
Coinbase has decided to move its headquarters from Delaware to Texas. This is a big deal because Delaware has been the go-to state for businesses for a long time. But now, Texas is becoming a popular choice for companies. The reason for the move is that Texas has a more business-friendly environment. Coinbase's legal chief said that Delaware's courts are no longer a...
Web3 has some bright spots, but let’s not ignore the dark ones. The tech is cool, but it’s also become a favorite tool for scammers and money launderers. Prices might be up, and big players might be getting interested, but if we don’t tackle the real issues, this could all blow up again. Most people still don’t trust crypto. Over half of U. S. adults think it’s risk...
Sam Bankman-Fried, the former big shot of the crypto world, is not giving up. His legal team is making a big push to overturn his conviction. They say he didn't get a fair trial. The judges will listen to their arguments soon. Bankman-Fried was found guilty of some serious charges. He was accused of taking $8 billion from FTX customers. The court said he committed a...
David Sacks, President Trump’s advisor on crypto and AI, has a clear vision: he wants America to lead the world in digital innovation, with crypto at the forefront. He believes that clear rules are essential for this to happen. Sacks has been vocal about the need for the U. S. to set up proper regulations for crypto. He thinks the current approach, where the SEC und...
Michael Saylor, the big boss at Strategy, recently talked about the tough challenges Bitcoin and companies like his are facing. He thinks the main problem is that old-school banks and credit rating agencies don't see Bitcoin as real money. This is a big deal because it makes it hard for companies to use Bitcoin as collateral for loans or other financial stuff. Saylo...
Big names in the crypto world are quietly bankrolling a huge project at the White House. They're putting money towards building a new ballroom where the old East Wing used to be. But now, a senator wants answers, and most of these crypto bigwigs are staying silent. Only one company, Coinbase, has spoken up so far. They said they're happy to support the project and w...
KR1, a crypto staking company from the Isle of Man, is making a big move. They are planning to switch their listing from the smaller Aquis exchange to the main London Stock Exchange (LSE). This shift is expected to happen soon and could open doors for more crypto companies in the future. KR1 is special because it is the first real digital asset company to list on th...
The crypto scene in the U. S. is booming, and the Winklevoss twins, Tyler and Cameron, are at the forefront, pushing for policies that support this growth. They recently donated $21 million in bitcoin to the Digital Freedom Fund PAC, which backs pro-crypto candidates. This move is part of a bigger strategy to keep the momentum going, especially with the midterm elect...