In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar. In the past […]
Last year, Justin Sun was facing a federal investigation into his crypto empire, to the point that he avoided entering the US. Now, his company is going to be publicly listed on the American stock markets – and reportedly with the assistance of Eric Trump. Tron, Sun’s digital assets platform, announced on Monday that it […]
“I want to make a big announcement,” said Faryar Shirzad, the chief policy officer of Coinbase, to a nearly empty room. His words echoed across the massive hall at the Bitcoin Conference, deep in the caverns of The Venetian Expo in Las Vegas, and it wasn’t apparent how many people were watching on the livestream. […]
As the tech world has standardized on USB-C, charging your devices has become much simpler. But it’s still not simple enough. Sure, most things plug into most other things, but now you have to worry about power and data throughput, making sure that everything works properly with everything else. That’s why we’ve spent years longing […]
Two years after legal proceedings began, the SEC has formally dropped its lawsuit against Binance, the world’s largest crypto exchange. It was one of the US government’s final ongoing actions against crypto companies. Lawyers for the SEC and Binance jointly moved to dismiss the case in a filing on Thursday. It follows a 60-day pause […]
Like Amazon and Apple, Netflix is also looking to cash in on the story of how Sam Bankman-Fried and Caroline Ellison managed to steal billions from the FTX cryptocurrency exchange. Variety reports that Anthony Boyle (Tetris, Manhunt) and Julia Garner (Ozark, The Fantastic Four: First Steps) have been cast in Netflix’s upcoming drama series The […]
AI could soon surpass Bitcoin mining in energy consumption, according to a new analysis that concludes artificial intelligence could use close to half of all the electricity consumed by data centers globally by the end of 2025. The estimates come from Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam Institute for Environmental Studies […]
President Donald Trump’s media company could soon own $2.5 billion in Bitcoin. On Tuesday, Trump Media announced that it’s working with “approximately 50 institutional investors” to sell and issue $1.5 billion in stock and $1 billion in convertible notes. The company, which operates Truth Social among other services, will be used to establish a large […]
Last month, Donald Trump pushed the boundaries of government and financial ethics by announcing a contest: whoever bought and held the highest amount of the $TRUMP meme coin for an entire month would win an invite to a private dinner with the President. That dinner took place on Thursday at the Trump National Golf Course […]
The winners of the $TRUMP meme coin contest did get to see President Donald Trump speak at a private dinner closed to the press – but his speech was probably the least exciting part of their night. They did get a better, more valuable, and potentially more lucrative experience: the opportunity to network with the […]