Trump set to sign executive order opening $9T retirement market to crypto, private equity today
Key Takeaways Trump’s executive order aims to open 401(k) retirement accounts to private assets like private equity, real estate, and crypto. The policy could create
CZ Seeks Dismissal Of “Nonsensical” $1.76B FTX Clawback Lawsuit
Former Binance CEO Changpeng ‘CZ’ Zhao has filed a motion to dismiss a lawsuit from FTX that aims to recover nearly $1.8 billion. Sam Bankman-Fried’s
Guilty Verdict Sends TORN Price Crashing 15% — What’s Next?
TL;DR Tornado Cash developer Roman Storm was found guilty of operating an unlicensed money service business. TORN price dropped below $10 after the court decision,
China FOMO strikes again as nation tests stablecoin rollout to boost renminbi: report
Insiders say China plans to launch renminbi-backed stablecoins in an effort to combat the U.S. dollar. However, the launch is held back by capital outflow
Trump declares reciprocal tariffs now in effect
Key Takeaways Trump’s administration implemented reciprocal tariffs with rates varying by country, impacting trade with major partners. A new 40% transshipment tariff and suspension of
September Could Witness The Coinbase Stock Come Back of the Decade – Here’s Why
Coinbase stock (COIN) is down more than 30% since its July peak, but 99Bitcoins analysts and others aren’t ready to call it a collapse. Mizuho
Binance Co-Founder CZ Moves to Dismiss $1.8B FTX Lawsuit (Report)
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court
Bakkt’s corporate Bitcoin play turns Marusho Hotta into crypto treasury hub
Bakkt plans to convert a traditional Japanese firm into a Bitcoin investment vehicle. Marusho Hotta, a little-known Tokyo Stock Exchange company, is set for a
Tornado Cash dev Roman Storm found guilty of running unlicensed money biz, sanctions and money laundering charges unresolved
Key Takeaways Roman Storm was found guilty of operating Tornado Cash as an unlicensed money transmitting business processing over $1 billion in illicit transactions. Prosecutors
Chinese Biometric Data Exploited Through Crypto Schemes, Authorities Allege
After the recent news of China casting a blanket ban on crypto, a Chinese security minister has warned that foreign companies are using dubious crypto