Trump Media & Technology Group (TMTG), the parent company behind Truth Social, has announced a bold plan to invest up to $2.5 billion in Bitcoin and other cryptocurrencies.
Details:
🔁 Strategic Shift: The company is diversifying its media holdings by allocating significant capital into crypto assets, including Bitcoin, and potentially launching crypto-related services.
📈 Institutional Impact: If completed, this would be one of the largest investments in crypto by a media or political figure’s business.
🪙 Political Ties: Given Donald Trump’s status as a former U.S. President and potential 2024 candidate, the move is raising ethical and legal questions about the overlap of politics and personal business in volatile financial markets.
KuCoin paid a fine of $41,000 and resumed operations in India Here are some facts about KuCoin - KuCoin is a cryptocurrency exchange platform. - It was founded in 2017 in Seychelles. - The platform was hacked in 2020, with more than $280 million in assets stolen. - Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance. - KuCoin charges very competitive trading fees. - KuCoin is not licensed in the U.S. This means U.S.-based users may sign up for accounts, but they will remain “unverified,” which limits access to certain features. - KuCoin also has similar limitations outside of the U.S. - KuCoin supports trading in a huge range of cryptocurrencies. - KuCoin offers a 20% discount on trading fees when using its token, KuCoin Token (KCS)...