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View More News“Binance.US has a CEO, Binance.com has two co-CEOs,” he said. “They almost never talk to each other. Actually, I don’t think they ever talk to each other. So, yes, two independent teams. Binance.US does license the product and technology from Binance Global, but they have a licensing agreement.”CZ can’t see himself running the U.S. business, he said, adding that he did not think he was the best candidate to run a U.S. platform. “It needs to be somebody local; it needs to be somebody who’s on the ground,” he said.The other companies CZ is heavily invested in — Giggle Academy…
If congressional Republicans pivot toward further work on the elections-focused legislation, that may squeeze their bandwidth for other legislation. GOP lawmakers were already pushing again for Senate action on Trump’s favored bill on Wednesday.”There is no path for the SAVE Act becoming law,” said Jaret Seiberg, a policy analyst at TD Cowen, in a Wednesday research note. “Senate GOP would need to eliminate the filibuster, a step they already have rejected. Even absent the filibuster, it is not clear the bill has the support of 50 senators, given worries about have to prove citizenship.”Before his cancellation of the housing bill…
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The latest and most fearsome round of fighting in the long shadow war with the Islamic Republic of Iran is not ending well for the United States and Israel. The ceasefire agreement signed by President Trump in Versailles on 17 June is not a full peace treaty, but Iran’s leaders have nonetheless greeted it as an unalloyed triumph. They had, they boasted, “through the imposition of their divine and iron will upon the humiliated American and Zionist enemies, demonstrated with strength that the enemy has no path other than accepting defeat and surrender.”Though salient details of the “memorandum of understanding”…
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This trend is becoming even more relevant as real-world assets enter the digital landscape. Stablecoins have already demonstrated the power of blockchain-based representations of…
Bitcoin (BTC) hit new two-week lows at Wednesday’s Wall Street open as traders predicted a rally to a “poor” lower high.Key points:Bitcoin price action…
In brief Strategy should immediately end its Bitcoin-buying spree and focus purely on shoring up cash, according to CryptoQuant Analyst Julio Moreno. He argued…
from the using-the-public’s-money-to-shortchange-the-public dept There aren’t many governments out there actually trying to be more transparent. Every so often, a law gets passed that…
What affordability discourse gets wrong: “Nearly half of U.S. families couldn’t afford basic necessities in 2024, report finds,” reads an NPR headline from last week.…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading…
France-listed Bitcoin treasury company Capital B’s shareholders approved authorizations allowing the company to raise up to 105 billion euros ($120.4 billion) to fund future…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
from the whoops-we-killed-grandma dept For a long time organizations like the Southern Environmental Law Center (SELC) have noted how Elon Musk’s xAI data center…
The new Global Justice Report by the World Inequality Lab in France—which calls for caps on economic growth in rich countries, top income-tax rates of…
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with…
Deprecated Aztec infrastructure has suffered a second exploit within days, adding to concerns about the security of abandoned smart contract infrastructure.Aztec’s private rollup bridge…