Rumble Explores Bitcoin Strategy with $20M Treasury Plan
Rumble allocates up to $20M of its treasury to Bitcoin, citing its potential as a strategic asset and inflation hedge in the face of a growing adoption. Rumble, a video-sharing and cloud services company, has announced plans to allocate up to $20 million of its corporate treasury into Bitcoin. This decision, approved by its Board […]
Ripple, Archax Launch First Tokenized Money Market Fund on XRP Ledger
Ripple’s XRP Ledge will start tokenize asset management abrdn’s $4.77 billion US dollar Liquidity Fund. Blockchain payments firm Ripple has announced the debut of the first tokenized money market fund on the XRP Ledger. The fund is based on asset manager abrdn’s $4.77 billion (3.8 billion British pounds) US Dollar Liquidity Fund. Partnership with Archax Enables […]
John Deaton Slams Gary Gensler For Ties With Sam Bankman-Fried
Pro-XRP lawyer John Deaton calls out SEC’s Gary Gensler for ties to FTX’s SBF as SEC secures $8.2 billion in FY2024 remedies. Pro-XRP attorney John Deaton has raised questions about the connection between U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and FTX founder Sam Bankman-Fried (SBF). Deaton’s remarks were prompted by the SEC’s announcement of […]
Justin Sun’s TRON Invests $30M In Trump’s World Liberty Financial
Justin Sun invests $30 million in DeFi project World Liberty Financial, becoming its largest shareholder and strengthening ties with Donald Trump. Justin Sun, founder of the TRON blockchain, has invested $30 million in World Liberty Financial (WLFI), a decentralized finance (DeFi) project associated with President-elect Donald Trump. The investment was made through a wallet linked […]
Solana Pump Fun Halts Live Streaming Amid Controversies
The live streaming feature of Solana’s Pump Fun has received a series of backlashes, leading the protocol to halt the service. The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. However, the decision follows backlash over the misuse of the feature. According to the protocol, this is not […]