Business

Key Takeaways Morgan Stanley plans to add crypto trading to its E-Trade platform next year. The firm may partner with established crypto firms to facilitate trading of Bitcoin and Ether on E-Trade. Share this article Morgan Stanley, which oversees $1.7 trillion in client assets, is developing a plan to enable trading of Bitcoin and other […]

Key Takeaways World is expanding its digital identity platform to the US, planning to deploy 7,500 Orbs by year-end. Partnerships with Razer and Tinder will integrate World ID verification for gaming and dating platforms. Share this article World, formerly known as Worldcoin, the digital identity project co-founded by OpenAI CEO Sam Altman and Worldcoin CEO

Key Takeaways Tesla’s board is searching for Elon Musk’s successor amid declining sales. The search is driven by external consultancy and Musk’s reduced focus on day-to-day operations. Share this article Tesla’s board of directors quietly initiated a search for CEO Elon Musk’s successor amid declining sales and profits, reaching out to several executive search firms

In brief Metaplanet plans to raise $250 million for its new Florida subsidiary The company already holds 5,000 BTC, halfway to its target of 10,000 BTC. Florida was chosen for its emerging status as a hub for Bitcoin innovation and adoption, according to the company’s CEO Metaplanet Inc. plans to establish a wholly owned subsidiary

Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses on its IPO and rejected the offer as too low given its USDC market value of $61.7 billion. Share this article Ripple Labs attempted to acquire Circle Internet Financial, the company behind the USDC stablecoin,

In brief PayPal says the SEC ended its 15-month investigation into PYUSD in February with no action taken. The inquiry began in November 2023 with a subpoena requesting internal documents on the stablecoin. The decision comes as Congress advances two major bills, the STABLE and GENIUS Acts, to regulate U.S. dollar-backed stablecoins. PayPal has emerged

In brief The Trump Organization’s $1 billion Dubai tower will accept crypto payments for luxury residences. The Trump family’s ever-growing crypto ventures now span NFTs, meme coins, advisory roles, and evangelizing crypto. At the same time, President Trump is pushing for crypto-friendly regulation in the U.S. The Trump Organization’s $1 billion Dubai tower will begin

Truth Social, the social media network owned by President Donald Trump’s Trump Media & Technology Group, said in a Tuesday letter to shareholders that it is considering launching a crypto token and wallet around its Truth+ streaming video service. “As part of a rewards program, we’re exploring the introduction of a utility token within a

Gold-backed stablecoin Tether Gold’s total market value recently soared above $800 million as investors continued embracing safe-haven assets amid concerns over rising inflation, with a newly released attestation from a third-party auditing firm showing just how much gold that Tether is stockpiling to back the token.   The cryptocurrency hit a $770 million market capitalization as