Donald Trump’s World Liberty Financial (WLFI) has announced that its newly launched stablecoin, USD1, will be the settlement currency for a $2 billion investment by Abu Dhabi-based MGX into Binance. The revelation, made at the ongoing Token2049 conference in Dubai by WLFI co-founder Zach Witkoff, marks a major milestone for the fledgling stablecoin, which has…
Meta’s copyright battle with a group of authors, including Sarah Silverman and Ta-Nehisi Coates, will turn on the question of whether the company’s AI tools produce works that can cannibalize the authors’ book sales. US District Court Judge Vince Chhabria spent several hours grilling lawyers from both sides after they each filed motions for partial…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market dips, investors turn to Lightchain AI, a resilient $0.007 presale token with $19.6m raised and real utility. The cryptocurrency market is currently experiencing a downturn, with significant price drops across major assets….
The controversial crypto project Worldcoin (WLD) has launched its biometric identity verification system and WLD cryptocurrency in the United States, expanding to six major cities. In a new blog post, Worldcoin says Americans can use their eye scanners to verify their IDs in Atlanta, Nashville, Miami, Los Angeles, Austin and San Francisco. The project, backed…
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple couldn’t forecast what that would mean for the coming quarter. However, if things remained the…
Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion…
Key Takeaways Strategy reported a $4.2 billion loss due to a $5.9 billion unrealized markdown reflecting Bitcoin’s price. The company plans to raise $21 billion for an accelerative Bitcoin strategy through equity offerings. Share this article Strategy reported a $4.2 billion net loss in the first quarter of 2025, primarily due to a $5.9 billion…
President Donald Trump’s tariffs are hitting tech companies hard, or at least they are in this one specific case. Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued…
Avalanche crypto is gearing up for a mega AVAX price rally to $30 as new Mapestory n GameFi launch beckons – here’s everything to know. Avalanche’s native token AVAX .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d is once again commanding market attention following a breakout…
The causes of the power outage that left millions in Spain and Portugal without electricity on Monday have yet to be fully determined, though service has now been restored across 99 percent of the Iberian peninsula. Red Eléctrica, the public company in charge of operating Spain’s transmission infrastructure, has preliminarily ruled out a cyberattack, human…
