Trump
Trump's crypto token buyers are down $3.8 billion, blockchain data shows
The TRUMP token is down 96% from its peak, and 85% of secondary market wallets for WLFI are underwater, reflecting a broader downturn in the sector.
Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto venture
Senate Democrats call for hearings into whether a $500 million investment by UAE officials in World Liberty Financial influenced Trump's policy decisions.
Trump-linked stablecoin used for bonus payouts at White House UFC contest
UFC Freedom 250 paid fighter bonuses in USD1, the stablecoin issued by the Trump-linked crypto venture World Liberty Financial, at a contest held at the White House.
CFTC not ready for crypto's expansion, expert warns
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti dig into the New York Times investigation of the CFTC and Kalshi's latest lawsuit against Minnesota before sitting down with Aaron Klein, senior fellow at the Brookings Institution. Klein argues that independent financial regulators have been turned into "subsidiaries of the White House," warns that the CFTC is not structurally up to the jurisdiction CLARITY would hand it, and makes the case that the SEC and CFTC should be merged. He also unpacks lessons from Dodd-Frank and the savings-and-loan crisis. Plus, Rebecca and Renato debrief on the CFTC staffing debate and name House Agriculture Chairman GT Thompson and Ranking Member Angie Craig as their People of the Week for their bipartisan push to fill out the CFTC commission.
Mark Cuban says Bitcoin failed as a hedge
Billionaire Mark Cuban sold most of his bitcoin after the asset failed to hold up during the Iran conflict. The longtime crypto advocate had argued for years that bitcoin was "a better version of gold than gold" — but during this latest geopolitical shock, gold rallied and bitcoin dropped. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Jane Street accused of dumping $192M UST before Terra crash
Newly unsealed court filings allege Jane Street used a private Telegram backchannel with Terraform Labs insiders to dump $192 million of UST before the stablecoin's 2022 collapse. The firm then allegedly made $134 million shorting Terra. Jane Street denies the claims. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
World Liberty Financial treasury company AI Financial warns that it may not survive the year in SEC filing
The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.
TRUMP token down 5% as namesake handset begins shipping next week
Trump Mobile's T1 handset appears to be a re-skinned HTC U24 with assembly done in the U.S.
Can the Trump-Xi Summit send Bitcoin higher?
Bitcoin is holding around $80,000 as President Trump arrives in Beijing for talks with Xi Jinping covering tariffs, rare earths, and the Middle East. Could the outcome lift risk assets? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well
Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly rewritten in April to remove delivery guarantees.
