Month: January 2025

Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple’s Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary, Signaling Pro-Crypto Shift Scott Bessent has been confirmed as the 79th U.S. Treasury Secretary under President Donald Trump, following […] Source: https://news.bitcoin.com/ripple-ceo-praises-new-treasury-secretary-expects-pro-crypto-pro-tech-reforms/

The Securities and Exchange Commission has acknowledged Canary Capital’s Litecoin ETF proposal, opening public feedback as it inches closer to a possible reality for a U.S. listing.  “This is the first altcoin ETF filing to get acknowledged,” Bloomberg Senior ETF analyst Eric Balchunas said on X, noting that the proposal has made the most progress in meeting regulatory requirements. Litecoin,…

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Elon Musk’s Department of Government Efficiency (DOGE) claims it’s slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings. DOGE’s $1B-a-Day Cuts Are Just the Start—$3B in Sight! The Department of Government Efficiency (DOGE) is reportedly saving the federal government approximately $1 billion per day, according to […] Source: https://news.bitcoin.com/elon-musks-doge-saves-federal-government-1b-daily-now-gunning-for-3b/

DCG has launched a venture mining business as the digital asset firm explores new ways to bolster its revenue.  Fortitude, launched Wednesday, will mine Bitcoin in addition to pursuing a “venture mining” business model.  Under that strategy, the operation will identify and mine “high-growth digital assets in emerging proof-of-work] ecosystems with attractive return profiles,” Fortitude Mining CEO Andrea Childs told…

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In the ever-evolving biohacking and longevity research landscape, Bryan Johnson, the tech entrepreneur and biohacker known for his radical anti-aging quest, has switched from the controversial practice of injecting his son’s blood to a total plasma exchange. Johnson didn’t make the switch because injecting yourself with your kid’s blood is creepy. He did it because he believed a plasma exchange…

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Howard Lutnick, the Commerce Secretary nominee who testified before the U.S. Senate Tuesday, claimed DeepSeek cheated when its revolutionary new AI model spanked top western AI companies this week. “They stole things, they broke in, they’ve taken our IP,” Lutnick said, reflecting broader U.S. government concerns about Chinese companies potentially misappropriating  U.S. technology. The White House joined a growing backlash…

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The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets. US Senator Calls SEC’s Crypto Approach ‘un-American’ U.S. Senator Cynthia Lummis of Wyoming is taking the fight for crypto regulation to the courts, formally backing crypto exchange Coinbase in its legal […] Source: https://news.bitcoin.com/us-lawmaker-moves-to-block-sec-overreach-in-coinbase-case/