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Technology

As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring

On the campaign trail, Trump went out of his way to court their favor. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump duly sang from the bitcoin hymn sheet, promising to cement the US as the foremost bitcoin mining powerhouse, establish a national “bitcoin stockpile,” and appoint a bitcoin […]

Business & Finance

Coinbase shares fall as muted crypto trading leads to a third-quarter miss

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market. While trading is likely to be more lively in the […]

World News

Charges dropped against cryptocurrency executive Tigran Gambaryan

Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) – which they denied. The 40-year-old was in […]

Politics

Derek Tran, Michelle Steel campaigns trade “red-baiting” accusations in Orange County race

The campaign fliers, written in Vietnamese, began landing in mailboxes in Little Saigon earlier this month. One flier showed Democrat Derek Tran, who is running for Congress, smiling in front of the hammer-and-sickle emblem of the Chinese Communist Party. In another, Tran is shown next to Mao Zedong, with a caption that, translated to English, […]

Technology

Sam Altman’s Eye-Scanning Orb Has a New Look—and Will Come Right to Your Door

While the biometric-scanning Orb and the World network have their roots in crypto tokens, “crypto” wasn’t an oft-mentioned word during the event. Instead, Altman and Blania emphasized World’s blockchain service, digital asset management, and virtual communication tools. Blania claimed during the press briefing that, in the future, World hopes to build the “largest finance network” […]

Business & Finance

Trump crypto project allows ex-president’s family to make 75% of revenue

Donald Trump’s crypto project, World Liberty Financial, published a 13-page document Thursday that described its mission and how tokens can be allocated, and that indicated that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the “World Liberty Gold Paper,” World Liberty Financial, or WLF, said […]