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Bitcoin

Trump family gets 75% of crypto coin revenue, has no liability, new document reveals

Trump family gets 75% of crypto coin revenue, has no liability, new document reveals

Finance News / Leave a Comment

Donald Trump’s crypto project, World Liberty Financial, published a 13-page document on Thursday, describing its mission, how tokens can be allocated, and indicating that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the “World Liberty Gold Paper,” WLF said the Trump family will receive 22.5 […]

Trump family gets 75% of crypto coin revenue, has no liability, new document reveals Read More »

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Finance News

Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the past week and ether is up about 7%. Other popular coins have also rallied, with solana up close

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Trump-backed crypto coin misses 0 million sales target, raises less than million

Trump-backed crypto coin misses $300 million sales target, raises less than $12 million

Finance News

It’s been just over twenty-four hours since the launch of the Donald Trump-endorsed digital coin “WLFI,” and the token is failing to deliver on the ambitious fundraising goals set by its founding team. World Liberty Financial — which bills itself as a crypto bank where customers will be encouraged to borrow, lend and invest in

Trump-backed crypto coin misses $300 million sales target, raises less than $12 million Read More »

Harris PAC’s million contribution from Ripple’s Chris Larsen shows crypto industry warming to VP

Harris PAC’s $1 million contribution from Ripple’s Chris Larsen shows crypto industry warming to VP

Technology News

Chris Larsen, co-founder of Ripple. Source: YouTube SAN FRANCISCO — For months, crypto companies and their executives have been pouring tens of millions of Dollars into Donald Trump’s effort to win the White House. Chris Larsen isn’t one of them. The co-founder and chairman of Ripple recently contributed $1 million worth of XRP tokens, the

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Trump’s crypto coin goes on sale with Election Day just three weeks out

Trump’s crypto coin goes on sale with Election Day just three weeks out

Finance News

Collect Trump Cards Source: Collecttrumpcards.com With shares of his nascent social media business in the midst of a sharp rebound and with just three weeks until the presidential election, Donald Trump is bringing his latest proposed money-making endeavor to market, this time in crypto. On Tuesday, the former president and current Republican nominee aims to

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FTX creditors will make money on bankruptcy: .19 for every dollar

FTX creditors will make money on bankruptcy: $1.19 for every dollar

Finance News

Almost all of the creditors of failed crypto company FTX will end up profiting from the money they put into the exchange, a federal bankruptcy judge ruled Monday. Nearly two years after FTX spiraled into bankruptcy, a Delaware judge approved the company’s reorganization plan, which involves paying out more than $14 billion to customers of

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Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten

Technology News

Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid

Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten Read More »

PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling payments company

PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling payments company

Technology News

Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal In January, about a hundred days into his job as PayPal CEO, Alex Chriss told CNBC’s David Faber that the payments company hadn’t had much to celebrate in recent years. But Chriss confidently said he was prepared to “shock the world.” “I love being an underdog,” Chriss

PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling payments company Read More »

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