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Senators ask Bessent to probe $500M UAE stake in Trump-linked WLFI

U.S. Senators are requesting an investigation into a $500 million investment from the UAE in WLFI, a company linked to former President Donald Trump. The inquiry is prompted by concerns over potential conflicts of interest and foreign influence in American politics. The investment raises questions about the financial ties between Trump and foreign entities, particularly in light of his ongoing political activities. Senators are urging the Securities and Exchange Commission (SEC) to examine the implications of this deal. The situation highlights the scrutiny surrounding Trump's business dealings and their intersection with international investments.

Read the full article: Coin Telegraph

Trump's DOJ Seeks October Retrial for Tornado Cash Developer Roman Storm

The U.S. Department of Justice is seeking an October retrial for Roman Storm, a developer associated with the cryptocurrency mixing service Tornado Cash. Storm was previously acquitted of charges related to money laundering and conspiracy, but the DOJ aims to appeal this decision. The case has garnered significant attention

Wall Street Banks Weigh Lawsuit Over Crypto Banking Charters

Wall Street banks are considering a lawsuit against the Office of the Comptroller of the Currency (OCC) regarding its approval of crypto banking charters. The banks argue that the OCC's actions could undermine the traditional banking system and create an uneven playing field. They are concerned that allowing

Hyperliquid’s tokenized futures hit $1.2B as traders bet on oil, stocks

Hyperliquid's tokenized futures have reached $1.2 billion in trading volume as traders increasingly engage in bets on oil and stock markets. The platform allows users to trade tokenized versions of traditional futures contracts, enhancing liquidity and accessibility. This surge in trading activity reflects growing interest in decentralized

Strategy logs record STRC equity issuance on Monday, buys estimated 1,420 bitcoin

Strategy, a cryptocurrency investment firm, achieved a record equity issuance of STRC tokens on Monday. The firm utilized the proceeds to acquire approximately 1,420 bitcoins. This significant purchase reflects Strategy's confidence in the long-term value of Bitcoin. The move is part of their broader strategy to enhance

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Trump's DOJ Seeks October Retrial for Tornado Cash Developer Roman Storm

Wall Street Banks Weigh Lawsuit Over Crypto Banking Charters

Hyperliquid’s tokenized futures hit $1.2B as traders bet on oil, stocks

Strategy logs record STRC equity issuance on Monday, buys estimated 1,420 bitcoin