Microsoft & BlackRock To Launch $30 Billion AI Infrastructure Fund
BlackRock partnered with Microsoft to develop a $30 billion fund to address AI infrastructure needs such as energy and data centers. BlackRock is preparing to launch an ambitious investment fund exceeding $30 billion in partnership with Microsoft. This fund will focus on developing data centers and energy projects to meet the growing needs of artificial […]
US Lawmakers Criticize SEC Chair Gary Gensler on Airdrop Securities Ruling
A formal letter from US lawmakers questioned SEC Chair Gary Gensler’s classification of crypto airdrops as securities. Two key U.S. lawmakers, House Majority Whip Tom Emmer and House Financial Services Committee Chairman Patrick McHenry, have voiced their concerns about the Securities and Exchange Commission’s (SEC) treatment of airdrops as securities. In a letter sent to […]
Binance Addresses WazirX-Liminal Custody Blame Game
In light of the $233M exploitation attack on the platform, Binance recently denied any ties to the Indian crypto exchange WazirX. In a surprising move, crypto exchange giant Binance denied any association with WazirX, Zanmai, or Zettai after user funds were stolen from the Indian exchange. Binance firmly stated that WazirX must take responsibility for the […]
Donald Trump’s Crypto Project to Allocate 63% WLFI Tokens to Public
Donald Trump’s crypto project, World Liberty Financial, will hold 63% of WLFI token supply for public addressing regulatory purposes. On Monday, Republican presidential candidate Donald Trump officially introduced his much-anticipated decentralized finance (DeFi) crypto project, World Liberty Financial. Shortly after, it was revealed that the project would have its own native token, WLFI, though only […]
Digital Chamber Backs New NFT Legislation Amid Gary Gensler Criticism
Digital Chamber endorses the new NFT Act, which clarifies non-fungible token regulations despite SEC Chair criticism. The introduction of the New Frontiers in Technology Act (NFT Act) by Congressman Timmons has received backing from the Digital Chamber. This is the first time the US Congress has directly addressed the regulatory treatment of non-fungible tokens (NFTs), marking […]