On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction. His company was moving a large amount of Ether, a popular digital currency, from one account to another. Thirty minutes …
The consequences of a crypto reserve Cryptocurrencies are again riding high, after President Trump announced that he would create a national crypto reserve with five tokens, including three lesser-known and highly volatile ones. It’s the latest boost that Trump has given the crypto industry, which spent some $130 million backing …
The scandal began with a tweet. “The world wants to invest in Argentina,” Javier Milei, Argentina’s president, posted at 7:01 p.m. on Valentine’s Day, offering a code to buy a new cryptocurrency. The digital coin was called $Libra, and it had been created 23 minutes earlier. Over the next few …
The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the United States posted on his social media account that his family had issued a cryptocurrency called $Trump. In those first minutes, a crypto wallet …
Dressed in ball gowns, tuxedos and “Make Bitcoin Great Again” baseball caps, a crowd of some of the country’s most powerful cryptocurrency executives gathered a few blocks from the White House for a lavish party three days before President Trump’s inauguration, toasting an incoming administration that had vowed to promote …
In December 2023, Angela McArdle, the chair of the Libertarian Party, flew to Mar-a-Lago to meet with Donald J. Trump. Mr. Trump wanted to know how to win over libertarian voters, a constituency he thought could help him reclaim the presidency, Ms. McArdle said in an interview. She had an …
The Trump family’s new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture …
A pair of 50-page policy proposals laying out the plan in detail. Discussions about the specifics with President-elect Donald J. Trump and his advisers. And talks with cabinet nominees about how to pay for it. On the eve of Mr. Trump’s inauguration, the cryptocurrency industry is pushing his incoming administration …
A couple of weeks after the presidential election, Joe Davy, chief executive of the marketing firm Banzai, sent an email to the company’s board of directors: He wanted Banzai to start buying Bitcoin. On the face of it, a plunge into the freewheeling world of cryptocurrencies was a strange move …