Democratic lawmakers, including Senator Elizabeth Warren and Representative Maxine Waters, have called for the Securities and Exchange Commission (SEC) to preserve records related to President Donald Trump's cryptocurrency business, World Liberty Financial. Their inquiry focuses on potential conflicts of interest arising from Trump's deep financial involvement
OnlyFans founder Tim Stokely, in collaboration with the Hbar Foundation, has placed a late-stage bid to acquire TikTok from its Chinese parent company, ByteDance. The bid comes as the U.S. government pressures ByteDance to divest its ownership of the popular social media app due to national security concerns. Stokely
Circle Internet Group, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange, marking a significant milestone in its financial journey. The company's decision to go public follows a year of revenue growth, with reported earnings reaching
Robinhood has recently unveiled several initiatives aimed at expanding its financial services, including the introduction of AI-powered financial advice. This move is part of the company's broader strategy to cater to a more diverse and mature clientele seeking comprehensive financial solutions. Robinhood Strategies: A New Wealth Management Service
Ambient is a newly introduced blockchain project that integrates artificial intelligence (AI) with the goal of serving as a decentralized alternative to existing AI platforms like OpenAI. Co-founded by Travis Good, Ambient has secured $7.2 million in seed funding from notable investors, including Andreessen Horowitz's crypto accelerator
Eric Trump and Donald Trump Jr. have partnered with bitcoin mining firm Hut 8 to establish American Bitcoin Corp., aiming to become the world's largest and most efficient bitcoin mining operation while building a strategic bitcoin reserve. As part of the agreement, Hut 8 will transfer nearly all
MicroStrategy, now rebranded as Strategy, has significantly increased its Bitcoin holdings by purchasing an additional 22,048 BTC for approximately $1.9 billion between March 24 and 30, 2025. This acquisition was funded through equity sales and the issuance of preferred stock. As of March 30, 2025, the company holds
Isomorphic Labs, an AI-driven drug discovery company and subsidiary of Alphabet, has secured $600 million in its first external funding round. The investment was led by Thrive Capital, with participation from GV (formerly Google Ventures) and additional backing from Alphabet. Founded in 2021 and based in London, Isomorphic Labs aims
Investor Kevin O'Leary stated that under President Donald Trump's administration, cryptocurrency is moving away from its "cowboy era" and becoming more integrated with financial institutions. This shift follows increased regulation and oversight in the crypto industry, aiming to transform it into a more legitimate
Elon Musk addressed misconceptions regarding Dogecoin's involvement with government initiatives, emphasizing that the "Department of Governmental Efficiency" (D.O.G.E.) is unrelated to the cryptocurrency. This clarification aims to dispel rumors about Dogecoin's official use in governmental operations.
Japan's Financial Services Agency (FSA) is considering a proposal to reclassify cryptocurrencies as financial products, a move that could bring stricter regulations and greater investor protection to the industry. * Legal Reclassification: Cryptocurrencies may soon be recognized as traditional financial instruments rather than speculative assets. * Investor Protection: The new
AI is making its mark in the decentralized finance (DeFi) ecosystem, leading to the emergence of DeFAI (Decentralized Finance with Artificial Intelligence). This integration is transforming financial systems by automating trading strategies, optimizing risk management, and enhancing user experiences. Key Developments in DeFAI 1. AI-Powered Trading Bots – These bots analyze