Category: Governance

3 weeks ago Cryptocurrency, Governance

Strategy Inc Posts $12.4B Loss: Saylor’s Rebrand Mars Historic Write-Down

The firm formerly known as MicroStrategy reported a $17.4B operating loss as Bitcoin tumbled to $63,000, testing the newly rebranded...
3 weeks ago Cryptocurrency, Governance

Bessent to Crypto ‘Nihilists’: Support CLARITY Act or Move to El Salvador

Treasury Secretary Scott Bessent blasts crypto firms opposing the CLARITY Act, telling 'nihilists' to relocate to El Salvador as Bitcoin...
3 weeks ago Cryptocurrency, Governance

BitMine Underwater: Tom Lee’s $16B ETH Bet Bleeds $8B as Ether Breaks $2k

BitMine's 4.28 million ETH treasury faces a historic stress test as Ethereum slides below $2,000, putting Tom Lee's strategy $8...
3 weeks ago Cryptocurrency, Governance

Gemini Exits Europe & Australia; Cuts 25% of Workforce in Strategic Pivot

Gemini (NASDAQ: GEMI) shuts down operations in the UK, EU, and Australia while cutting 200 jobs to pivot toward US...

Brazil Enforces Ban on Algorithmic Stablecoins; Ethena’s USDe at Risk

Brazil's Central Bank enforces a hard ban on algorithmic stablecoins while reclassifying fiat-pegged assets as foreign exchange operations.

House Probe Targets Trump’s $500M UAE Crypto Deal; WLFI Slips 5%

Rep. Ro Khanna demands records on a $500M UAE stake in World Liberty Financial, alleging links to AI chip exports...
3 weeks ago Cryptocurrency, Governance

CME Group Confirms ‘Proprietary Coin’ Plans with Google Cloud; Targets 2026 Launch

CEO Terry Duffy confirms the derivatives giant is building a settlement coin on Google Cloud's Universal Ledger to rival JPM...

Bitcoin Surrenders $70k Support; XRP Erases ‘Trump Trade’ Gains

Bitcoin's correlation with sliding AI stocks drags it below $70k, wiping out gains from the 2024 election cycle as XRP...

Vitalik Buterin Issues ‘Stage 1’ Ultimatum as Coinbase’s Base Corners 62% of L2 Revenue

Vitalik Buterin challenges the 'branded shard' model as Coinbase's Base captures 62% of Layer 2 revenue while remaining centralized.
3 weeks ago Cryptocurrency, Governance

Treasury Sec. Bessent: No Federal Authority to “Bail Out” Bitcoin

Treasury Secretary Scott Bessent confirms the U.S. government lacks the authority to stabilize crypto prices, sending Bitcoin to $72K and...