Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention
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What is Donald Trump’s new crypto project and why are people worried?
Three years after deriding bitcoin as a “scam” and “disaster waiting to happen”, former US president and convicted felon Donald Trump has unveiled his own crypto project — one he promises will “revolutionise” finance.
Donald Trump doesn’t share details about his family’s cryptocurrency venture during X launch event
WASHINGTON (AP) — Republican presidential nominee Donald Trump on Monday launched his family’s cryptocurrency venture, World Liberty Financial, with an interview on the X social media platform in which he also gave his first public comments on the apparent assassination attempt against him a day earlier.
Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says
WASHINGTON (AP) — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022.
Mark Cuban says Harris won't tax unrealized capital gains: 'Not going to happen'
Billionaire investor Mark Cuban on Thursday insisted that Democratic presidential nominee Kamala Harris would not tax unrealized gains as president. "Every conversation I've had is that it's not going to happen," Cuban said on CNBC's "Squawk Box." Cuban, who says he speaks with Harris' team frequently, maintained to CNBC that she is not interested in taxing unrealized gains. He cautioned, "I'm not going to speak for the vice president, she makes the final decision." Still, "I'm talking to these folks three, four times a week, having back-and-fort
Trump’s new crypto business could create more conflicts if he’s elected president
WASHINGTON (AP) — Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally.
The latest hiccup in Trump’s crypto launch: Deleted posts and a hacking claim
The X accounts of two family members of Republican presidential nominee Donald Trump' appeared to have been hacked Tuesday in order to promote a scam aimed at cashing in on the Trump family's nascent crypto venture. The hacks come as the former president prepares to release his crypto policy platform, and his campaign wrestles with the fallout of a foreign cyberattack. Shortly after 8:15 p.m. ET, the X account belonging to Trump's daughter-in-law, Republican National Committee co-chair Lara Trump appeared to announce that the digital currency project, dubbed World Liberty Financial, had been launched. The account provided several links to Trump's 1.7 million followers to a coin and websites claiming to be "the only official channels of World Lib
Crypto industry accounts for almost half of corporate donations in 2024 election, report says
As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into the election has come from the crypto industry, according to a report this week from the nonprofit watchdog group Public Citizen. The sum, approximately $119 million, was raised from a mix of contributors, with Coinbase and Ripple accounting for more than 80% of the donations. Most of the money is going to
'I love my black job': Simone Biles takes apparent swipe at Trump after winning Olympics gold
American gymnast Simone Biles appeared to take a swipe at former President Donald Trump on Friday morning, tweeting "I love my black job" after winning her second individual all-around gold medal at the Paris Olympics. Biles' post on the social media platform X seemed to reference Trump's recent controversial comments that immigrants are "taking Black jobs." The Republican presidential nominee had said, "They're taking Black jobs now and it could be 18, it could be 19 and even 20 million people," during his June 27 debate against President Joe Biden. "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to