On Wednesday night, Elon Musk said farewell to the Department of Government Efficiency. The two-year-old office will now carry on without its best-known supporter as President Donald Trump moves into the second half of his term. “As my time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump … Read more
Fintech Spanish banking giant is preparing to enter the stablecoin market, with plans to launch USD- and EUR-denominated digital tokens through its digital arm, according to a Bloomberg report. This move from Santander marks a significant step in Santander’s broader crypto ambitions, as the bank seeks to integrate regulated digital assets into its existing financial … Read more
Eduardo Nogueira Liberato, an official from the Central Bank of Brazil, stated that this stablecoin proposal is not set in stone, and that there is room to flexibilize the methods to allow citizens to execute withdrawals to self-custody wallets. Central Bank of Brazil Might Change Draft Banning Stablecoin Self-Custody Executives from the Central Bank of … Read more
US trade court vacates Trump’s tariffs for now. Nvidia beat Wall Street consensus on the top and bottom lines, but Q2 guidance is lackluster. Q1 US GDP is revised slightly higher by Commerce Department. Major US indices are trading back near where they started the year. The news just keeps piling up this week in … Read more
[PRESS RELEASE – London, UK, May 29th, 2025] Zebec Network, a Solana-based blockchain payment network, has acquired the assets of Science Card, Ltd, a UK university card platform dedicated to simplifying university research finance. This acquisition enriches Zebec’s robust card program, spanning payroll pay cards, crypto debit cards, and now Science Card’s mission-driven card, cementing … Read more
At the Bitcoin 2025 Conference this morning, U.S. Securities and Exchange Commissioner Hester Peirce took the stage with Fold’s General Counsel Hailey Lennon for a fireside chat that pulled no punches. Opening with a question about enforcement priorities since the change in administration, Lennon asked, “What are the current enforcement priorities, if any, in the … Read more
Bybit has officially obtained the MiCA license in Austria, according to the website of the Austrian financial regulatory authority, the FMA (Financial Market Authority). This recognition represents a significant milestone for the exchange, which positions itself among the leading global players in the cryptocurrency sector. The obtaining of the license occurs at a crucial moment … Read more
DeepSeek, a China-based artificial intelligence company, has announced an upgrade to its AI chatbot, saying it can now offer enhanced overall logic, mathematics and programming with a reduced hallucination rate. According to DeepSeek, the upgraded model — DeepSeek-R1-0528 — has “significantly improved its depth of reasoning and inference capabilities.” The startup said the model’s overall … Read more
The SEC’s upcoming DeFi roundtable signals a bold pivot toward regulatory collaboration, unlocking high-stakes potential to reshape crypto policy and accelerate decentralized innovation nationwide. SEC Targets DeFi Policy Shakeup in New Roundtable—Industry Voices Invited The U.S. Securities and Exchange Commission (SEC) announced on May 28 that it will convene a roundtable titled “DeFi and the … Read more
Topline Elon Musk has become significantly less popular since he joined President Donald Trump’s administration, according to polls, as he exits his government role after a tenure marked by some fumbled attempts to gut government agencies. Elon Musk listens as reporters ask President Donald Trump and South Africa President Cyril Ramaphosa … More questions in … Read more