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Trump Crypto Dinner Ethics Storm After Speaker Johnson Denies Knowing Foreign Guests
House Speaker Mike Johnson faced swift backlash Sunday after claiming ignorance about Donald Trump’s high-profile crypto fundraiser. This event included foreign investors and key backers of the controversial $TRUMP meme coin. The Trump Crypto dinner, held at Trump’s Virginia golf... -
BYD Hits Another Milestone as It Sold More BEVs Than Tesla in Europe Last Month
According to a report from JATO Dynamics, in April BYD surpassed Tesla in battery electric vehicle (BEV) registrations in Europe for the first time. It is yet another milestone for the Chinese giant after having dwarfed Tesla’s global deliveries in... -
Big U.S Banks Eye Collaboration on a Joint Stablecoin Initiative
Four major banks are in talks to launch a shared dollar-pegged stablecoin, aiming to dominate money flow as crypto gains traction. According to a May 22 Wall Street Journal report, JPMorgan, Bank of America, Citigroup, and Wells Fargo are teaming... -
Binance Integrates with Brazil’s Pix Instant Payment System, Enabling Millions to Use Over 100 Cryptocurrencies for Seamless Everyday Payments
Binance has made a significant move in the Latin American market by integrating with Brazil’s Pix instant payment system. This strategic development allows users across Brazil to make everyday payments using over 100 cryptocurrencies directly from their Binance accounts. By... -
Colombia Launches Stealth CBDC Pilot on Cosmos Network, Targeting Cross-Border Payments
During a recent interview, Maghnus Mareneck, co-CEO of Interchain Labs, revealed that Colombia is quietly running a Central Bank Digital Currency (CBDC) pilot on the Cosmos network. The project, which had been operating in stealth mode, is now publicly acknowledged... -
Pakistan Establishes Digital Asset Authority to Oversee Cryptocurrency Regulations
Pakistan’s Ministry of Finance has greenlit the launch of the Pakistan Digital Assets Authority (PDAA), a new regulatory body tasked with overseeing blockchain-based financial systems. The agency will spearhead a robust, future-ready regulatory framework to foster innovation and position Pakistan... -
Xpeng Motors Stock Soars After Impressive Q1 Earnings and Outlook
Xpeng Motors stock (NYSE: XPEV) is trading sharply higher today after the company released its earnings for the March quarter. The Chinese electric vehicle (EV) company not only reported better-than-expected earnings in the quarter but also provided an upbeat outlook.... -
New York Mayor Adams Launches Crypto Council to Fast-Track Bitcoin Hub
On May 20, New York (NY) Mayor Eric Adams announced the formation of a digital assets advisory council to position the city as a global hub for cryptocurrency and blockchain innovation. The initiative was unveiled at the first NY Crypto... -
Ripple Debuts XRP-Based Cross-Border Payments in UAE
On May 19, Ripple announced the launch of “Ripple Payments” in the United Arab Emirates (UAE). This service lets Zand Bank (the country’s first all-digital bank) and Dubai-based fintech Mamo send and settle cross-border transfers in seconds using fiat, XRP,... -
Coinbase Data Breach Leads to $2M Crypto Theft via Phishing Scam
On May 17, a report emerged that scammers posing as Coinbase security staff drained 17.5 BTC and 225 ETH, valued at more than $2 million, from Los Angeles artist Ed Suman after exploiting customer data leaked in Coinbase’s recent support-desk...
