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From President Donald Trump’s $57 million crypto windfall to Ripple’s near-final settlement with regulators, last week marked a turning point for digital assets in both regulation and institutional adoption. Here’s our weekly recap: Trump discloses crypto profits Hoskinson proposes Cardano…
President Donald Trump has reported $57.4 million in income from World Liberty Financial, his cryptocurrency venture backed by sons Donald Jr. and Eric Trump. According to the Financial Times, citing a 200-page filing, the U.S. Office of Government Ethics discloses that one of Trump’s largest revenue sources among hundreds of financial interests is his crypto … Read more
Nearly $58 million in USDC has been frozen in connection with the LIBRA memecoin scandal, deepening the legal and political fallout from one of this year’s biggest crypto scandals. On May 29, blockchain analytics firm Arkham reported that Circle, the issuer of USD Coin (USDC), froze two Solana (SOL) wallets tied to the LIBRA deployer … Read more
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