Elon Musk said most cryptocurrencies are scams during testimony in his lawsuit against OpenAI, where past plans for an ICO also surfaced, as reported by New York Times journalist Mike Isaac. Elon Musk explaining what cryptocurrency is to the jury: “Some of them have merit, but most of them are scams.” this is responding to
Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. White House National Economic Council Director Kevin Hassett said that Federal Reserve Chair Jerome Powell’s reappointment as a governor “may affect interest rate cut decisions,” injecting new uncertainty into
Agora applies for US federal trust bank charter to directly issue stablecoins, a move that could fundamentally alter the fiat-to-crypto conversion landscape. The cryptocurrency startup submitted its application to the Office of the Comptroller of the Currency (OCC) last week, as reported by CoinDesk. If approved, this charter would allow Agora to operate under direct
Real-world assets have spent the last two years moving from a niche crypto narrative into something much closer to a serious market category, and CoinGecko’s latest report suggests that shift is no longer theoretical. In its newly released RWA Report 2026, CoinGecko says the revival of RWAs that began in 2024, along with improving regulatory
Standard Chartered projects that real-world assets (RWAs) represented on-chain could reach $2 trillion by 2028. The bank expects tokenized RWAs to scale fast over the coming years. This is driven by institutional adoption, better infrastructure, and stronger demand for more efficient capital markets. The bank expects strong growth in tokenized funds, bonds, private credit, and
The US-Iran conflict is still ongoing, and tensions between the two countries are escalating. While uncertainty remains about what will happen next, new statements have come from the US Treasury Secretary. Speaking on Fox Business’s Kudlow program, US Treasury Secretary Scott Bessent stated that approximately $500 million worth of crypto assets were seized from Iran.
In a landmark move for institutional cryptocurrency adoption, the Alberta Investment Management Corporation (AIMCo) has acquired $219 million worth of MicroStrategy (MSTR) stock. This purchase, reported by Wu Blockchain, represents the Canadian sovereign wealth fund’s first direct exposure to a Bitcoin-linked asset. With $142 billion in assets under management, AIMCo’s decision signals a significant shift