Elon Musk: Trump’s Conviction Hurts Public Faith
Elon Musk criticizes Donald Trump’s conviction, calling it a “great damage to public faith” in the legal system. Trump, convicted on 34 counts, still eligible for 2024 run. #Politics #Updates
Crypto News
General category for all types of news related to the cryptocurrency world.
MEV Bot Incurs $150,000 in Fees
Renowned MEV bot jaredfromsubway.eth paid $150K in fees swapping BEAM for MAGA on Uniswap, earning $6M in Q1 2023. EU regulators label MEV as market abuse. #CryptoNews #Blockchain
McHenry Advocates Senate Approval of FIT21 Crypto Bill
House Financial Services Committee chair Patrick McHenry urges the Senate to pass the FIT21 crypto bill before the November election. The bill classifies most cryptocurrencies as commodities. #crypto #regulation
Beijing Orders WeChat to Cut Payment Fees
Beijing directs @Tencent to curb WeChat Pay’s market share amid digital yuan expansion in Hong Kong. This move targets in-person QR code payments to boost state-backed currency. #Fintech #ChinaNews
Cryptocurrency Empowers Freedom: Robert Kennedy Jr’s View
U.S. presidential candidate Robert F. Kennedy Jr. backs cryptocurrency, investing 21 BTC. He aims to integrate blockchain into the budget and stabilize the dollar with Bitcoin. #Crypto #Bitcoin
Sahil Arora’s Alleged Rug Pulls Prompt WeCare’s Support
Sahil Arora’s alleged crypto scams spark WeCare Foundation’s support for victims. CEO Saad Kassis Mohamed emphasizes rigorous claim verification to restore trust in the crypto community. #CryptoNews #Updates
Consensys Linea Challenges Matter Labs ZK Trademark
Linea urges @the_matter_labs to drop its “ZK” trademark filing, arguing it stifles Ethereum innovation. StarkWare, Polygon co-founders also oppose the move. #Ethereum #CryptoNews
Argentina President Engages Hoskinson in Crypto Talks
Charles Hoskinson, founder of $ADA, met Argentina’s President Javier Milei to discuss Cardano’s expansion amid crypto regulation talks. Argentina is also learning from El Salvador’s Bitcoin integration. #CryptoNews
Biden Urged to Reconsider SAB 121 Veto
Lawmakers urge @POTUS to reconsider veto on SEC’s SAB 121 repeal, fearing crypto assets as liabilities could disrupt banks’ IT defenses. Bipartisan support: Senate 60-38, House 228-182. #CryptoNews #Finance
FIT21 Bill Faces Senate Delay Before Election
FIT21, backed by bipartisan support, passed the House but faces Senate delays ahead of elections. Concerns on regulatory gaps and market efficiency persist. #FIT21 #CryptoRegulation
Digital Asset ETF Trends: Insights from Industry Leaders
Industry experts at #Consensus2024, moderated by James Seyffart of Bloomberg, discussed the future of digital asset ETFs. Key points: disciplined scalability, research importance, trading efficiency, and SEC’s Ethereum ETF approval. #CryptoNews
Elon Musk Denies Crypto Talks with Trump
Elon Musk clarifies he has never discussed crypto with Donald Trump, countering recent reports. Trump’s crypto holdings exceed $10M, with the MAGA token at $15.4. #Crypto #Updates
A16z Crypto Confirms $25m Lobbying Donation
A16z Crypto donates $25M to pro-crypto super PAC Fairshake, doubling their total to $47M. Ripple and Gemini co-founders also contribute amid rising voter interest in digital assets. #CryptoNews #Blockchain
Hester Peirce Proposes Cross-Border Digital Securities Sandbox
SEC Commissioner Hester Peirce proposes a cross-border digital securities sandbox with the @bankofengland and @TheFCA to boost innovation and enhance regulatory oversight using DLT. #Finance #CryptoNews