Ex-US President Donald Trump rallies behind cryptocurrencies, embracing “all things related to this new and burgeoning industry.” “I am very positive and open minded to cryptocurrency companies,” he reiterated his pro-crypto stance on Sunday, during the Libertarian National Convention address. Trump assures that he would never let crypto die, throwing a shade on Biden’s moves...
The Texas State Securities Board greatly damaged a fraudulent Arkbit cryptocurrency cloud mining operation on with a May 28 cease and desist order against Arkbit Capital for engaging in deceptive practices to perpetrate an alleged investment fraud. The order revealed that the Texas State Securities Board, led by Financial Examiner Alexis Cantrell, uncovered Arkbit’s false...
BioNTech SE (BNTX) and the Coalition for Epidemic Preparedness Innovations or CEPI, announced Wednesday they are expanding their strategic partnership to contribute to building a sustainable and resilient end-to-end African vaccine ecosystem. CEPI is committing up to $145 million to support BioNTech to establish mRNA vaccine R&D, clinical and commercial-scale manufacturing capabilities at the Company\'s...
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years. In an X thread, Cathie Wood praised El Salvador’s transitions into an “oasis” for Bitcoin and AI adoption under Nayib Bukele’s presidency. “President Bukele’s determination to turn El Salvador into an oasis...
As the deadline for President Biden’s decision on the SEC’s cryptocurrency regulations approaches, Bitcoin’s market response remains cautious. Currently trading at $68,400, the cryptocurrency has experienced a slight decline of 0.50%. This movement could indicate a bearish trend in Bitcoin price predictions, suggesting that investors are weighing the potential impacts of regulatory changes on the...
Reinsurance Group of America, Inc. (RGA) announced Wednesday that Axel Andre will join the company as Executive Vice President on June 24, 2024. Andre is expected to be named Chief Financial Officer (CFO), following a brief transition period, effective August 5. Andre will succeed Todd Larson, who served the company for nearly three decades. Larson...
At Consensus 2024, PayPal Holdings, Inc. announced on May 29 that it would expand its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. Paypal’s goal is to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The integration will use Solana’s high-speed and low-cost infrastructure. PayPal USD is issued by Paxos Trust...
International Distributions Services plc, the owner of Britain\'s 500-year old postal service and courier company Royal Mail, has agreed to a takeover offer by EP Corporate Group, owned by Czech billionaire Daniel Kretinsky. The total deal value is around 3.568 billion pounds on a fully diluted basis, while enterprise value is 5.284 billion pounds for...
MicroStrategy head and Bitcoin advocate Michael Saylor has highlighted major Bitcoin ETF milestone in his recent X (Twitter) post. He noted that more than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds (ETFs). “32 Bitcoin spot ETFs now hold 1 Nakamoto of BTC,” his post read. 32 #Bitcoin Spot ETFs...
Communities across the web are pausing to reflect on the life of Kabosu, the dog behind the Doge meme and Dogecoin mascot, who passed away at 17 on May 25. Kabosu’s owner, Atsuko Sato, announced the news in a post on her official blog, expressing her deep gratitude for the love and support shown to...