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View More NewsTrump Media said it plans to revamp its digital asset treasury strategy after unrealized losses on crypto and securities helped push the company to a $238 million net loss in the second quarter.The company reported $190.4 millio n in unrealized losses across its digital assets, pledged digital assets and equity securities in its Q2 earnings release on Monday.Trump Media said the new framework is intended to preserve its long-term digital asset exposure while managing volatility and improving the productivity of its balance sheet.Trump Media is the publicly traded company behind Truth Social, Truth+ and financial services brand Truth.Fi. The company…
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets. Read the full article here
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This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch discuss Rep. Alexandria Ocasio-Cortez’s admission that “Woke 1 was crazy” and whether the Democratic Socialists of America’s (DSA) new focus on affordability represents a genuine break from the politics of 2020. They…
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In late November 2023, seven weeks after Hamas’s 7 October terrorist attacks, I attended a private roundtable at the Jordanian Embassy in London. There, Ambassador Manar Dabbas discussed the unfolding regional catastrophe with the composure of someone reviewing the previous night’s football scores. Some 1,200 Israelis, most of them civilians, had been murdered; around 250 had been taken hostage into Gaza; and pro-terror rhetoric was spreading across the world. But at this juncture, Dabbas emphasised the importance of de-escalation and the need for Israeli restraint. With respect to Jordan’s position, he remarked: “We sometimes joke among ourselves that we are…
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from the where’s-his-performance-review? dept Earlier this year, following the initial verdict in the state of New Mexico’s case against Meta (arguing that Meta caused…
London’s over-the-counter market (OTC) market has historically ranked as the number one center for gold trade and currently accounts for 70% of the world’s…
With the Digital Asset Market Clarity (CLARITY) Act now set for a cloture vote in September, many advocates and industry leaders are frustrated and…
In brief Bitcoin price bounced to $65,000 today, but the rally was short-lived. The price of Bitcoin is up on the seven-day chart, but…
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Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell. Read the full article here
AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant doubt on its ability…
BSC’s quantum-security test worked, but bigger transaction data slowed network throughput by about 40%. Read the full article here
The United States Senate has voted to advance a resolution that could force US President Donald Trump to seek congressional authorization to continue the…
Media outlets were ablaze. It was, in the judgement of Thomas Friedman, “the most significant encounter between American and Chinese leaders since Richard Nixon…
The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption…
AI-powered crypto trading assistant Bankr said it disabled transactions after identifying an attacker who gained access to at least 14 wallets, with users reporting…
