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View More NewsA federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday.The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national trust bank.“This preliminary conditional approval is granted based on a thorough evaluation of all information available to the OCC, including the representations and commitments made in the application and by the Bank’s representatives,” the letter said. Final approval won’t be granted until the company meets additional…
In brief Hyperscale Data sold most of its Bitcoin holdings to support the expansion of its Michigan data center. The company sold about 685 Bitcoin for roughly $43 million. Hyperscale retained about 275 Bitcoin and plans to continue mining the cryptocurrency. Hyperscale Data has sold most of its Bitcoin holdings to help finance the expansion of its Michigan data center.In an announcement on Friday, the Las Vegas-based company, which trades on the NYSE American under the ticker GPUS, said it sold approximately 685 Bitcoin for about $43 million.Myriad: Bitcoin’s next move? Click to make your prediction.Hyperscale said it plans to…
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“Dogma,” Albert Einstein told an audience at the Sorbonne in 1929, “is the enemy of progress.” Just kidding—it’s what ChatGPT whispered in the ear of the rector of my university at the start of this academic year after she decided to outsource her inaugural address to AI. The speech she delivered was a string of grammatically impeccable platitudes garnished with four quotations, three of which turned out to be hallucinations—the kind of false erudition that academics like to flaunt. The fourth quotation was real, but it was a cringeworthy piece of self-flattery lifted from an obscure 1946 speech: “There are…
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World Liberty Financial, the cryptocurrency project backed by the Trump family, delayed plans to sell a token related to a resort in the Maldives,…
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds. Read the…
In brief Ireland published its first National Anti-Money Laundering Strategy on Thursday, with crypto-asset rules among the reforms it sets out. The final elements…
Scan the news and there are plenty of reasons for worry: continued U.S.-Iran escalation risks, mounting sovereign debt and rising bond yields among them.…
MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an…
Today’s guest is Johan Norberg, a senior fellow at the Cato Institute and the author of Peak Human: What We Can Learn From the…
Bitcoin’s BTC$77,640.88 recovery from February lows, which had begun to look like a new bull run, hit a wall last week at the 200-day…
The US securities regulator is delaying the launch of a recent wave of “novel ETFs,” including those that allow investors to bet on the…
As the national debt rises ever higher, Congress is gearing up to pass an enormous infrastructure spending bill. Earlier this week, the House Transportation…
AI Financial, formerly known as Alt5 Sigma, wants the market to know that it’s more than just its WLFI$0.06152 token holdings, and calling it…
US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those…