Cryptocurrency

Cashing in on President Donald Trump’s meme coin may not have been as easy as it sounds. Solana-based applications like the decentralized exchange Jupiter and digital wallet Phantom experienced degraded performance Sunday, with users reporting issues not long after First Lady Melania Trump’s own meme coin caused Official Trump’s (TRUMP) price to plummet. As markets […]

Ahead of Monday’s regime shift alongside President Donald Trump’s inauguration, the SEC filed a lawsuit against Nova Labs, the original startup behind Helium—a decentralized network for sharing internet connectivity, fueled by crypto incentives. In the complaint, filed Friday in the U.S. District Court for the Southern District of New York, lawyers alleged that Nova Labs

Video platform Rumble on Monday announced its first Bitcoin buy, less than two months after revealing a strategy to put the cryptocurrency on its balance sheet. Rumble CEO Chris Pavlovski wrote on X (formerly Twitter) that the company bought its first Bitcoin on Friday. It isn’t clear how much Bitcoin that Rumble bought, but the

World Liberty Financial, a DeFi platform affiliated with President Donald Trump and members of his family, added approximately 439 Wrapped Bitcoin—or about $47 million worth at the time of purchase—to its balance amid the inauguration Monday. The platform, which counts Trump and multiple children among its advisors, made 10 separate transactions, swapping nearely $47 million

U.S. Securities and Exchange Commissioner Mark Uyeda will temporarily lead the cryptocurrency industry’s main regulator as acting chair, amid a broader shakeup across several federal government agencies. The appointment comes immediately after SEC Chairman Gary Gensler stepped down as Wall Street’s top cop Monday, as expected, alongside President Donald Trump’s inauguration. The former leader of

It was a divisive move, but analysts at Bernstein think President Trump’s Solana meme token launch Friday should be seen as an opportunity by investors—even if some in the crypto industry considered it a “cringe” move. Analysts at the investment firm said that the new era of the digital asset industry would be “chaotic,” but

Mark Cuban may be among Dogecoin’s most notable fans, but the Shark Tank star wasn’t too impressed by the launch of President Donald Trump’s meme coin this weekend. In a post on X (formerly known as Twitter), Cuban pushed back against the notion that Trump’s official meme coin (TRUMP) is a long-term positive for the

OpenAI CEO Sam Altman wants everyone to calm down about artificial general intelligence. Again. “Twitter hype is out of control again,” Altman posted on X Monday, pulling back from weeks of cryptic teasers and bold predictions about the company’s latest AI model, o3. “We are not gonna deploy AGI next month, nor have we built

Elon Musk and Vivek Ramaswamy’s extra-governmental Department of Government Efficiency, or DOGE, was served a lawsuit Monday just minutes after President Donald Trump’s inauguration. The 30-page complaint, brought by public interest law firm National Security Counselors, alleges that DOGE—which shares an acronym with the ticker of Dogecoin, Musk’s favorite meme coin—is illegally operating as a

In brief Donald Trump has been inaugurated as the 47th U.S. President after running on a pro-crypto platform. But Trump hasn’t always taken this stance: He used to call Bitcoin a “scam” and said he wasn’t a fan. Trump has since launched his own Solana meme coin, multiple NFT collections, and a DeFi platform. Bitcoin-friendly