Senate confirms pro-crypto Scott Bessent as US Treasury Secretary
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
Apple closes up amid US tech stock washout from China AI startup DeepSeek
The US market dipped amid the release of Chinese firm DeepSeek’s latest AI model, which can supposedly perform as well as ChatGPT for a fraction of the cost.
KuCoin pleads guilty to US charges, agrees to pay $300M
KuCoin has admitted to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture.
Venice AI token that gives private access to DeepSeek hits $1.6B total value
Venice AI, a startup that allows private access to DeepSeek’s AI model, hit a total value of over $1 billion within hours through its newly launched token.
Absence of Bitcoin ‘panic selling’ suggests BTC drop below $98K is a short-term blip: Analyst
Bitcoin’s sell-off to $97,777 was followed by a healthy response from dip buyers. Is a snap back to BTC’s range highs the next logical step?
Ripple announces money transmitter licenses in Texas and New York
The payments firm said with the addition of the two US states, it held more than 50 licenses across different jurisdictions.
Scam tokens surge as DeepSeek AI goes viral
Malicious “DeepSeek” tokens have surged in the past 24 hours, underscoring scammers’ mobility in reacting to current events.
Blockchain identity platform Humanity Protocol valued at $1.1B after fundraise
With the advent of Web3, decentralized identity solutions (DIDs) are considered key for securing users’ digital footprint.
Judge sentences Forcount promoter to 30 months behind bars
Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024.
Bitcoin price drops under $98K as markets sell-off following DeepSeek AI launch
Bitcoin price fell to $97,754 as crypto and stock markets digested the significance of a China-based ChatGPT AI competitor called DeepSeek.