Cryptocurrency
Trump pardons Silk Road creator Ross Ulbricht
US President Donald Trump signs executive orders during the inaugural parade inside Capital One Arena, in Washington, DC, on January 20, 2025. Angela Weiss | Afp | Getty Images President Donald Trump granted a full pardon on Tuesday to Ross Ulbricht, the founder of Silk Road. The infamous dark web marketplace served as a global […]
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Stripe cuts 300 jobs in product, engineering and operations
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed. The payments company, valued at about $70 billion in the private markets, still […]
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Trump meme coin gives greenlight for crypto industry to return to days of new tokens and NFT bubble
A cartoon image of US President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 displayed at a Coinhero store in Hong Kong, China, on in Hong Kong, China, on Thursday, Dec. 5, 2024. Paul Yeung | Bloomberg | Getty Images President Trump’s return the White House is expected to usher […]
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Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry
Mark Uyeda, commissioner at the US Securities and Exchange Commission (SEC), speaks during the 2024 Financial Markets Quality Conference at Georgetown University in Washington, DC, US, on Tuesday, Sept. 17, 2024. Al Drago | Bloomberg | Getty Images The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency. […]
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Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was asked by CNBC’s Andrew Ross Sorkin about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital […]
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Trump’s crypto-frenzied inauguration weekend makes first family billions of dollars richer
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday […]
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Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins
Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by nearly 1% at $106,622.54, according to Coin Metrics. Earlier, it […]
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Melania Trump launches cryptocurrency ahead of Donald Trump’s inauguration
Melania Trump, pictured in July 2024, has launched her own meme coin. Leon Neal | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In a Sunday evening post on the X social media platform, she announced […]
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Solana surges 12% on launch of Trump-themed memecoin, ether falls
The Solana logo on a phone screen and representation of cryptocurrencies are seen in this photo taken in Krakow, Poland, Aug. 21, 2021. Jakub Porzycki | NurPhoto | Getty Images Solana’s SOL token rocketed after a memecoin linked to President-elect Donald Trump launched on the popular blockchain network. The price of SOL was up by […]
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Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Barry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying […]
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