crypto

A self-made billionaire couple gave San Francisco State University $25 million in XRP, one of the largest crypto donations to US higher education

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A self-made billionaire couple gave San Francisco State University $25 million in XRP, one of the largest crypto donations to US higher education

PC: San Francisco State University A self-made billionaire couple gave San Francisco State University a $25 million gift, with a large portion of the donation made in XRP, making it one of the biggest cryptocurrency contributions to US higher education at the time. Chris Larsen, an SF State alumnus, and his wife Lyna Lam donated … Read more

Why is Bitcoin rising after the US Treasury doubled bond buybacks? What it means for BTC, crypto and inflation

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Bitcoin rises after the US Treasury doubles bond buybacks. (Pexel/Representative image) (Pexel)

Bitcoin jumped sharply after the US Treasury announced a major increase in its bond buyback operations. BTC rose about 6% after the announcement, while the broader crypto market also moved higher. The move came as investors saw the Treasury action as a fresh liquidity signal for financial markets. Bitcoin rises after the US Treasury doubles … Read more

More than 10 Wall Street firms pay up to $100,000 for faster Truth Social posts as Trump Media crypto losses mount

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Trump Media’s Truth API has signed up Wall Street traders, offering faster Truth Social posts as the company seeks revenue despite heavy crypto losses. (Photographer: Bonnie Cash/UPI/Bloomberg) (Bloomberg)

Trump Media has signed up more than 10 customers for its new Truth API service. The service gives Wall Street traders faster access to market-moving posts made by influential accounts on Trump’s Truth Social platform. Truth API launched at the start of August. It is designed to give some traders an early look at posts … Read more

Trump Media Q2 results: US president-led media venture posts $238 m loss as crypto holdings tumble

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Trump Media Q2 results: US president-led media venture posts $238 m loss as crypto holdings tumble

Crypto losses deepen Trump Media’s woes as company doubles down on Truth Social Trump Media & Technology, the company behind US President Donald Trump’s Truth Social platform, reported a $238 million loss in the second quarter, as the value of its bitcoin and Cronos holdings tumbled. The three-month loss through June was more than 10 … Read more

Who is Patrick Yaroch? 5 things to know about FBI agent arrested for stealing $1 million crypto during probe

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FBI Director Kash Patel looks on during a news conference on July 1. (AFP)

Patrick Yaroch, a former FBI agent, was fired and arrested after he allegedly stole close to $1 million in cryptocurrency from accounts he was monitoring as part of an investigation. The theft took place over the last few months, leading to Yaroch’s arrest last week, reports stated citing court records. FBI Director Kash Patel looks … Read more