Trump’s Crypto Stash: A $30 Billion Question

Charles Hoskinson, co-founder of Cardano, claims that a whopping 78.5% of incoming President Trump’s $29.6 billion net worth is in crypto. This includes a significant chunk invested in the TRUMP memecoin. This revelation has major implications for future crypto regulations. Trump’s Crypto Holdings and Their Impact Hoskinson’s claim highlights the growing importance of crypto in…

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Starknet: Top of the Charts for Ethereum Development

A new Ethereum scaling solution, Starknet (STRK), is making waves. It’s just rocketed to the top spot in Santiment’s rankings of ERC-20 coins based on recent development activity. Starknet’s Development Spree Santiment’s data shows Starknet logged a whopping 401.97 significant GitHub events in the last month. That’s a lot of coding! For context, this beat…

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Bank Rejects Fraud Claim, Customer Fights Back

A Colorado woman, Bev Thompson, is sharing her frustrating experience with GO2Bank after fraudsters allegedly skimmed her debit card at a Walgreens. The incident led to a significant financial loss and caused her considerable stress. A Year-Long Battle Thompson says she immediately reported $420 in unauthorized ATM withdrawals from her GO2Bank account. However, the bank…

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SEC Slaps 12 Wall Street Firms with $63 Million Fine

The Securities and Exchange Commission (SEC) just handed down a hefty $63.1 million fine to twelve major financial firms for violating recordkeeping rules. These firms, including big names like Charles Schwab and Santander, were caught using unauthorized communication methods for business. Off-Channel Communication Leads to Big Trouble The SEC says these firms—nine investment advisors and…

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Bitcoin’s Future: How High Will It Go?

Bitcoin’s price has bounced back nicely, trading above $100,000. This has many investors feeling optimistic, especially since it’s been hovering around this level for a while. But what about the long-term picture? Let’s explore some predictions. A Look Ahead to 2025 and Beyond Many analysts believe Bitcoin still has significant upside potential. Some are even…

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EU’s New Crypto Rules: DORA Takes Effect

The European Union’s new Digital Operational Resilience Act (DORA) went into effect on January 17th, significantly impacting how crypto firms operate within the EU. This comprehensive regulation aims to boost cybersecurity and risk management across the financial sector, including crypto. What is DORA and Who Does it Affect? DORA isn’t just for banks. It applies…

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Bitcoin Takes a Dip: What’s Next?

Bitcoin’s price recently dipped below the $104,268 mark, surprising some who expected its upward trend to continue. This correction is happening for a few reasons: Why the Dip? Profit-Taking: Some investors are cashing in on their gains. Institutional Caution: Big investors are getting a bit wary. Economic Worries: Broader economic concerns are impacting riskier investments…

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WazirX Freezes $3 Million in Stolen Crypto

Indian cryptocurrency exchange WazirX announced a significant step in recovering funds lost during last year’s massive hack. They’ve frozen $3 million worth of USDT, a stablecoin, linked to the $230 million heist. A Milestone in Recovery WazirX calls this a major breakthrough in their efforts to return stolen assets to users. Freezing these funds prevents…

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