Donald Trump May Not Be Able To Fire Gary Gensler
Attorney Dave Michaels noted that the *Humphrey’s Executor* ruling protects SEC chairs from dismissal based only on executive preference. SEC Chair Gary Gensler’s future has become a topic of discussion as the United States braces for potential changes following today’s election. There is speculation among certain individuals regarding potential changes in agency leadership in light […]
US Elections: Crypto Donations Surpass Oil and Pharma
Over $238 million in crypto donations were recorded, outpacing traditional industries like oil and pharmaceuticals. Changes in the characteristics of the cryptocurrency sector brought it to the forefront of the global financial industry as a result of the elections that took place in the United States in 2024. Crypto Donations made during this presidential election […]
a16z Crypto Pledges $23M for Bipartisan US Regulations
a16z Crypto pledged $23M to Fairshake, increasing its total to over $78M for bipartisan US crypto regulation amid $169M from crypto firms for the 2024 elections. On Monday, a16z Crypto announced that it would provide Fairshake with an additional $23 million in funding, in exchange for bipartisan support of US cryptocurrency rules. As a result […]
Robinhood Adds Pepe Coin to Crypto Transfers
Robinhood Crypto Europe supports Pepe (PEPE) with easy transactions and a 1% deposit bonus, sparking hopes for a surge. Robinhood Crypto Europe recently announced their support for the popular meme cryptocurrency known as Pepe (PEPE). This support will enable users to withdraw and deposit the token without any hassle on the platform. Customers can also […]
Alibaba Cuts Dozens From Metaverse Unit
Alibaba’s metaverse division, Yuanjing, has laid off staff amidst restructuring, though it will continue offering metaverse-related services. According to recent reports, the Chinese e-commerce giant Alibaba is gradually decreasing its operations in the metaverse, following in the footsteps of other tech titans that have lowered their resources in the once-exciting industry. Alibaba’s owned South China […]