Newly appointed Crypto and AI Czar David Sacks held a press conference today as part of the week one objectives of President Donald Trump. Sacks took to the podium and lambasted the last four years of persecution and prosecution under the Biden Administration, which included… Read More
The Executive Orders keep coming out of the White House. Today, President Donald Trump signed several big ones – including an Executive Order that aims to ensure US leadership in digital financial technology or Fintech, including AI and digital assets. The Order establishes a Presidential… Read More
Yesterday, in a Twitter Spaces interview which was delayed due to overwhelming interest, Florida Governor and candidate for President Ron DeSantis expressed his support for Bitcoin while re-iterating his opposition to central bank digital currency (CBDC). Florida has passed a law that they do not… Read More
PayPal’s (NASDAQ:PYPL) forthcoming Acceptable Use Policy is garnering outrage on Twitter as users must agree to monetary penalties for crossing the PayPal moral guidance line. A new Acceptable Use Policy, to take effect on November 3, 2022, states: “You are independently responsible for complying with all… Read More
According to a filing submitted to the Securities and Exchange Commission (SEC), Elon Musk has provided details on how an acquisition of Twitter (NASDAQ:TWTR) will be financed. The document outlines the specifics of the deal: A debt commitment letter, dated April 20, 2022, from Morgan… Read More
In an attempt to block the acquisition of the company by Elon Musk, the Twitter (NYSE:TWTR) Board of Directors announced a Poison Pill plan today. The move was predicted following Musk’s announcement he wanted to take the company private at a per-share price of $54.20… Read More
Max Levchin, CEO and founder of Fintech Affirm and PayPal co-founder, has joined with PayPal’s founding COO David Sacks, via his Craft Ventures VC fund, to invest in Returnly. The high profile investors jumped aboard a $19 million Series B round. As part of the… Read More
The Future is Crypto Multicoin has just announced the backing of big name investors supporting their “thesis driven” cryptofund. The following investors have now backed this cyptocurrency firm, including; Marc Andreessen, David Sacks and Bill Lee (Craft Ventures), Chris Dixon, Compound, Vy Capital, Passport Capital, Adam Zeplain… Read More
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