California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed company. Addressing lawmakers at an April 2 hearing, Waters said Trump had…
Key Takeaways Ripple’s RLUSD stablecoin is now integrated into Kraken and supports cross-border payment solutions. The token is progressing towards a market valuation of $250 million. Share this article Ripple has announced the launch of its flagship stablecoin, RLUSD, on Kraken, a well-established crypto exchange. The expansion comes as the token is close to achieving…
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Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers. According to an April 2 announcement, Macquarie’s private debt facility will provide $50 million in initial funding for Bitfarms’ Panther Creek…
Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin teases breakout in US tariff countdown Data from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28. Volatility…
Sentient, una plataforma de desarrollo de inteligencia artificial respaldada por el Fundador de Fundadores de Peter Thiel, ha lanzado un marco de búsqueda de IA de código abierto que dice que supera a los principales competidores de código cerrado. La compañía anunció el lanzamiento público de Open Deep Search (ODS) el 2 de abril, describiéndolo…
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan. Under a Memorandum of Understanding, the companies…
Key Takeaways Justin Sun provided emergency funding to stabilize TrueUSD amid a $456 million liquidity crisis. TUSD issuer Techteryx claims large-scale fraud led to unauthorized investments by its fiduciary. Share this article Justin Sun, the founder of TRON, quietly provided emergency funding to stabilize TrueUSD (TUSD) after $456 million of the stablecoin’s reserves became illiquid, Hong…
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