Robinhood CEO on Trump Accounts.
Robinhood CEO Vlad Tenev said Trump Accounts give children a straightforward path into the S&P 500 so they can experience the power of compound interest from birth. Speaking on CNBC’s…
Nigerian SEC Sets N30m Fee, N2bn Capital for Crypto.
Nigeria’s Securities and Exchange Commission has fixed a N30 million registration fee for digital asset exchanges and related platforms while raising minimum capital requirements for crypto firms to as high…
63% Say Trump Crossed Crypto Line.
A Reuters/Ipsos poll released August 19 found that 63 percent of Americans view President Donald Trump and his family’s cryptocurrency earnings as inappropriate. Only 32 percent called the profits acceptable.…
Dalio: Bitcoin Hedges $40T US Debt Risk
Ray Dalio, founder of Bridgewater Associates, told investors on August 21 that Bitcoin belongs in portfolios as a hedge against the United States’ swelling national debt, which crossed the $40…
South Korea AI Crypto Surveillance Goes Live.
South Korea’s Financial Supervisory Service activated a new artificial intelligence platform on August 20 that scans cryptocurrency markets around the clock for signs of price manipulation and unfair trading. The…
Poolin Files for Bankruptcy in New Jersey.
Crypto mining pool Poolin has filed for bankruptcy in New Jersey. The company and its U.S. affiliates sought Chapter 11 protection as they move to sell remaining mining assets. This…
Binance Confirms Two Staff Cleared After UAE Detention.
Binance has stated that two of its employees have been cleared following detention in the UAE. The exchange confirmed the resolution of the matter involving its staff. This update provides…
Chinese Firm Launches 240,000-Tonne Lithium Trial Mine in Nigeria.
Months after the United States identified Nigeria as an emerging lithium source, a Chinese-backed company has begun a 240,000-tonne trial mine targeting the country’s projects. The move intensifies global competition…
$1,000 Invested in Moderna a Week Ago Is Now Worth About $2,740.
A $1,000 investment in Moderna (MRNA) stock made roughly one week earlier has risen to approximately $2,740 following a dramatic single-day surge. Shares more than doubled on the back of…
Bernie Sanders Calls for AI Data Center Moratorium, Warns of Job and Environmental Harm.
U.S. Senator Bernie Sanders has warned that AI billionaires and major technology companies risk obliterating jobs, eroding privacy, raising electricity costs and damaging the environment. He renewed his call for…