Hacked? Donald Trump Launches Memecoin Days Before Inauguration

“It’s time to celebrate everything we stand for,” Trump said. “Have fun.” Trump Memecoin Skyrockets to $13B Market Cap Hours After Launch Incoming president Donald Trump launched his TRUMP memecoin late Friday evening on Solana just three days before his inauguration. According to the token’s official website – gettrumpmemes.com – 200 million TRUMP tokens ...
18 January 2025

Trump’s Tariffs, Sanctions to Speed up De-Dollarization, Economist Says

A former chief economist at the African Export-Import Bank said many governments are increasingly promoting the use of local currencies to reap the economic benefits of having an international currency. De-Dollarization Is Not a New Phenomenon According to Hippolyte Fofack, former chief economist at the African Export-Import Bank, many governments are promoting the use ...
18 January 2025

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, ...
18 January 2025

Cryptography Expert Calls for Regulatory Reboot, Says ‘Orange Grove’ Laws Don’t Apply to Crypto

An expert in applied cryptography has argued that zero-knowledge proofs offer a promising solution for balancing privacy and regulatory compliance in blockchain technology. Low Computational Power Limits ZKPs Use Cases Zero-knowledge proofs (ZKPs) can provide blockchains with privacy without sacrificing regulatory compliance, according to Nanak Nihal Singh Khalsa, co-founder of Holonym. This capability makes ...
18 January 2025

Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is ...
18 January 2025

Crypto Comeback: VC Investments Soar 46% in Q4 2024

In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher than the previous ...
18 January 2025
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