58 Crypto Wallets Cashed In $1 Billion on Trump’s Meme Coin. Is It Legal?
58 Crypto Wallets Cashed In $1 Billion on Trump’s Meme Coin. Is It Legal? When President Donald Trump launched his official meme coin, $TRUMP, in January 2025, few could have predicted how much wealth it would create or how many legal and ethical questions it would raise. According to a recent analysis, 58 cryptocurrency wallets […]
Ropes & Gray Advises Cohen & Company Capital Markets on $345 Million Dual SPAC IPOs
Ropes & Gray Advises Cohen & Company Capital Markets on $345 Million Dual SPAC IPOs. Ropes & Gray has advised Cohen & Company Capital Markets, serving as lead book-running manager, in the initial public offerings of two special purpose acquisition companies (SPACs): Digital Asset Acquisition Corp. (DAAQ) and Real Asset Acquisition Corp. (RAAQ). Each offering […]
Sidley Welcomes Former CFTC Enforcement Chief Ian McGinley to Its New York Office
Sidley Welcomes Former CFTC Enforcement Chief Ian McGinley to Its New York Office. Sidley is expanding its powerhouse regulatory team with the addition of Ian McGinley, who brings an exceptional track record in securities enforcement and white-collar defense. McGinley, the former Director of Enforcement at the U.S. Commodity Futures Trading Commission (CFTC), has joined the […]
zkLend Hacker Gets a Taste of Instant Karma: $5.4M in Stolen ETH Lost to Phishing Scam
zkLend Hacker Gets a Taste of Instant Karma: $5.4M in Stolen ETH Lost to Phishing Scam. It sounds unbelievable, but it happened — a hacker who drained millions from zkLend lost everything in a single misstep. The story began when an attacker managed to drain 2,930 ETH, roughly $5.4 million, from zkLend, a lending protocol […]
Auto Investing in Crypto, Benefits, and Reasons to Engage
Managing digital assets in a fast-paced market requires time, strategy, and discipline. Auto invest crypto solutions simplify this process by automating investments, allowing users to build and manage their portfolios effortlessly. These tools use predefined strategies to execute trades, reduce emotional decision-making, and optimize long-term returns. What Does Crypto Auto Investing Mean? Auto investing in […]
Trump Names Cryptocurrencies in U.S. Strategic Reserve, Sending Prices Soaring
Trump Names Cryptocurrencies in U.S. Strategic Reserve, Sending Prices Soaring. In a landmark announcement, former U.S. President Donald Trump revealed the names of five digital assets that will be included in a new U.S. Strategic Crypto Reserve. The news sent cryptocurrency markets surging, with Bitcoin (BTC) surpassing $92,000 and Ether (ETH) jumping to $2,456. Trump’s […]
Latham & Watkins Advises MicroStrategy on $563.4 Million Preferred Stock Offering
Latham & Watkins Advises MicroStrategy on $563.4 Million Preferred Stock Offering. MicroStrategy Incorporated (Nasdaq: MSTR) has announced the pricing of its preferred stock offering, valued at US$563.4 million, scheduled for January 30, 2025. The offering involves 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock, priced at $80.00 per share. The anticipated settlement date […]
Vine Co-Founder Launches Meme Coin, VineCoin
Vine Co-Founder Launches Meme Coin, VineCoin. Rus Yusupov, the co-founder of Vine, recently announced the launch of VineCoin, a meme coin named after the popular short-form video application that was discontinued in 2017. The announcement, shared on X (formerly Twitter) this Wednesday, quickly gained traction among crypto enthusiasts, with the token’s market capitalization surpassing $200 […]
Bitcoin Hits 11-Day Low Amid Tech Selloff
Bitcoin Hits 11-Day Low Amid Tech Selloff. Bitcoin fell below the $100,000 mark on Monday, hitting its lowest point in 11 days. Analysts attributed the decline to a wave of caution sweeping the markets, triggered by the surging popularity of a Chinese artificial intelligence model, which sparked a selloff in Western AI-related stocks. The world’s […]
Bitcoin Reaches $109,000 Then Reverses Amid Volatile Trump Inauguration Day
Bitcoin Reaches $109,000 Then Reverses Amid Volatile Trump Inauguration Day. Bitcoin saw a dramatic surge on President Donald Trump’s inauguration day, briefly hitting a new all-time high of $109,000 before reversing sharply in a volatile trading session. The sudden spike in Bitcoin’s value caught the attention of both cryptocurrency enthusiasts and traditional investors, further fuelling […]
Bitcoin Retreats After Trump’s Inauguration, Memecoins Spark Volatility
Bitcoin Retreats After Trump’s Inauguration, Memecoins Spark Volatility. Bitcoin retreated from a record high amid heightened swings in crypto markets around Donald Trump’s inauguration as the 47th US president. Traders anticipate pro-crypto policy directions from Trump as part of a blitz of executive orders. The largest digital asset changed hands at about $103,700 as of […]
Melania Trump Launches $MELANIA Meme Coin Ahead of Husband’s Inauguration
Melania Trump Launches $MELANIA Meme Coin Ahead of Husband’s Inauguration. Melania Trump, 54, the incoming First Lady of the United States, has ventured into the world of cryptocurrency with the launch of her own meme coin, $MELANIA. Ahead of her husband’s inauguration as the 47th president of the United States, she made the announcement via […]