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Intel Stock Rises as Trump Calls CEO Lip-Bu Tan a “Success”
Intel stock (NYSE: INTC) is trading higher today after the meeting between the company’s CEO, Lip-Bu Tan, and President Donald Trump. Following that meeting, Trump, who had recently called for Tan’s “immediate” resignation, termed him a “success.” I met with... -
Terraform Co-Founder Do Kwon Expected to Admit Guilt in Fraud Case
Terraform Labs co-founder Do Kwon will be pleading guilty to a lawsuit filed over the collapse of the TerraUSD (UST) stablecoin in 2022. This plea change hearing is scheduled for August 12 in Manhattan federal court. Kwon’s Shift from ‘Not... -
Kidnappings Targeting Bitcoin Holders Increase Amid Exchange Data Breaches
On August 9, Alena Vranova, founder of SatoshiLabs, raised concerns over a growing wave of violent crimes targeting Bitcoin and crypto holders. She explained that these incidents include so-called “wrench attacks,” where victims are threatened or harmed until they reveal... -
UAE Unifies Crypto Rules with SCA and VARA to Make Licensing Easier and Boost Investor Trust
During a recent regulatory update, the UAE has taken a significant step to unify its virtual asset sector by establishing a collaborative agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). This partnership aims... -
Vitalik Buterin Backs Ethereum Treasury Efforts While Warning of Leverage Risks
Ethereum co-founder Vitalik Buterin has expressed support for the growing number of ETH treasury companies, noting that they create new opportunities for a wider pool of investors. Speaking on the Bankless podcast on August 7, Buterin said companies building an... -
Intel Stock Falls After Trump Calls Upon Its CEO To Resign Immediately
US President Donald Trump has publicly called for the immediate resignation of Intel CEO Lip-Bu Tan. The demand was posted on the President’s social media platform Truth Social, where he stated that Tan is "highly CONFLICTED" and that there is... -
USDC Dominated Crypto Payrolls in 2024, Making Up 63% of Salary Payments
The percentage of workers receiving salaries in digital assets has tripled over the past year, with 9.6% paid in stablecoins. Leading this trend is Circle’s USDC, which accounted for 63% of all crypto salary payments in 2024. Stablecoins Could Become... -
India Seizes Assets of Man Convicted in U.S. $20M Crypto Fraud Case
On August 5, India’s Enforcement Directorate (ED) seized assets worth $4.8 million (₹42.8 crore) as part of an ongoing investigation into a major crypto fraud case. The assets belonged to Chirag Tomar, an Indian citizen currently serving time in a... -
Registered Exchanges Can Now List Spot Crypto Contracts, Says CFTC
On August 4, the U.S. Commodity Futures Trading Commission (CFTC) introduced a new initiative that allows registered exchanges to offer trading in spot crypto contracts. Under this program, exchanges designated as Designated Contract Markets (DCMs) may now offer these contracts... -
Tesla Stock Rises as Board Approves New Compensation Package for Elon Musk
Tesla stock (NYSE: TSLA) is trading higher today after the company’s board approved a new compensation package for its CEO, Elon Musk, granting him a share award valued at approximately $29 billion. This decision follows a protracted legal battle and...
