Blockchain News

Is Donald Trump Cashing In on $TRUMP? President Denies Profit as Ethics Heat Up

Is Donald Trump Cashing In on $TRUMP? President Denies Profit as Ethics Heat Up

Leave a Comment / Blockchain News, Donald Trump, elizabeth warren, News, Regulation /

U.S. President Donald Trump pushed back on claims that he is profiting from his newly launched memecoin in a new interview with NBC News on Sunday. Donald Trump Dismisses Memecoin Controversy Speaking on “Meet The Press” on May 4, Trump refuted allegations that he has been turning a profit from his namesake memecoin, $TRUMP, which […]

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The SEC Rallies BlackRock, Nasdaq and Fidelity for Pivotal Tokenization Summit

The SEC Rallies BlackRock, Nasdaq and Fidelity for Pivotal Tokenization Summit

Leave a Comment / Blockchain News, News, Regulation, SEC, tokenization /

Key Takeaways: The SEC will host a public roundtable on tokenization on May 12 to gather input on integrating blockchain-based assets with traditional financial systems. The event is part of a broader effort by the SEC to inform regulatory policy as digital asset infrastructure evolves. A separate DeFi-focused roundtable has been rescheduled for June 9.

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Indonesia Freezes World Project After Shell-Permit Breach – 20 M Traders on Edge

Indonesia Freezes World Project After Shell-Permit Breach – 20 M Traders on Edge

Leave a Comment / Blockchain News, crypto regulation, News, Open AI, World /

Key Takeaways: Indonesia suspends the World project due to unregistered iris-scanning operations. Using shell entities for licensing violates Indonesian digital laws. Users question the ethics of trading biometric data for crypto rewards. Indonesia has suspended the operating certificates of Sam Altman’s digital identity venture, World (formerly Worldcoin), after investigators flagged registration irregularities and “suspicious activity”

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Dubai-Based Firm to Invest .8B to Develop Blockchain Financial Hub in Maldives

Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives

Leave a Comment / Adoption, Blockchain, Blockchain News /

A Dubai-based family office of a Qatari royal is spearheading the initiative of building a $8.8 billion crypto and blockchain hub in Malé, Maldives. The planned investment would exceed the Maldives’ annual GDP of around $7 billion, the Financial Times reported. The deal, which was signed on May 4, comes from MBS Global Investments, that

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Trump Wants China to Stay Out of the Crypto Space

Trump Wants China to Stay Out of the Crypto Space

Leave a Comment / Blockchain News, china, Trump /

Donald Trump has once again shown his support for cryptocurrencies, positioning it as a key part of a broader strategy to prevent China from dominating emerging technologies. He indicated that he sees crypto as a critical area to maintain American dominance and prevent China from gaining control. “I’m a big fan of crypto because I

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South Korean Presidential Hopeful Wants to Let State Pension Fund Buy BTC

South Korean Presidential Hopeful Wants to Let State Pension Fund Buy BTC

Leave a Comment / Blockchain News, Politics, South Korea /

The South Korean Presidential race is set to take another Bitcoin (BTC)-themed turn after the ruling People Power Party named former labor minister Kim Moon-soo as its candidate for June 3’s election. Per the South Korean media outlet Digital Daily, officials think 16.3 million South Koreans have previously or currently own cryptoassets. Their data is

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Mango Markets Exploiter Gets 4 Years for 1.3K Child-Exploitation Images

Mango Markets Exploiter Gets 4 Years for 1.3K Child-Exploitation Images

Leave a Comment / Blockchain News, Manipulation, News, Regulation, SBF /

Mango Markets exploiter Avraham “Avi” Eisenberg was sentenced to over four years in federal prison for allegedly possessing child sexual abuse material (CSAM) in the Southern District of New York on Thursday. Avraham Eisenberg Gets Years-Long Prison Sentence According to court documents, Eisenberg pleaded guilty to allegedly possessing nearly 1,300 images and videos of child

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RWAs Boom as Layer-1 Blockchains Ignite .9T Tokenization Surge

RWAs Boom as Layer-1 Blockchains Ignite $18.9T Tokenization Surge

Leave a Comment / Blockchain News, News, Real-World Asset (RWA), stellar, tokenization /

The market for tokenized real-world assets (RWAs) is estimated to reach $18.9 trillion by 2033. Industry experts believe that this forecast may even be conservative, as stablecoin adoption indicates a much larger market expansion. The rapid growth of tokenized RWAs is also boosting blockchain adoption metrics, as 60% of RWA tokenization value is being driven

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JYS Group Crashes After 0M Investment—Chairman Fled to UK

JYS Group Crashes After $180M Investment—Chairman Fled to UK

Leave a Comment / Blockchain News, china, Fraud, News /

Key Takeaways: JYS Group’s chairman, Lin Chunhao, claimed to have fled to the UK and released a farewell message outlining financial failures. Investors were recruited through seminars and promised returns as high as 9% on municipal infrastructure-related products. Much of the money was lost in areas including P2P lending, crypto trading, stock speculation, and promissory

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GENIUS Act Revival Triggers Senate Showdown Over B Trump Stablecoin Deal

GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal

Leave a Comment / Blockchain News, News, Stablecoin, Trump, World Liberty Financial /

U.S. Senators introduced a revised version of the GENIUS Act aimed at enacting stablecoin regulation on Thursday, marking a key step forward in the process of potentially advancing the legislation into law. Revised GENIUS Act Introduced In Senate According to a press release for Senate Majority Leader John Thune (R-SD), the new legislation will proceed

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