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Alarm bells over conflict of interest as filing shows Trump raked in $2bn in 2025
Crypto ventures eclipse much of property portfolio, with revenue also coming from Trump-branded products US politics – live updates Donald Trump has raked in more than $1bn from his crypto businesses since returning to the White House, according to financial disclosures, ringing alarm bells over a conflict of interest. According to a 927-page document released…
‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loans On a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his son at the wheel of a tractor,…
‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies
The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in power A “centaur”, in automation theory, is a person assisted by a machine, and a “reverse centaur”, hero of Cory Doctorow’s new book, The Reverse Centaur’s Guide…
Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor
Reform UK leader used private meeting at Bank of England to urge governor to drop plans for state-run cryptocurrency Nigel Farage has been trying to block a Bank of England cryptocurrency plan that could be costly for the billionaire bankrolling his party. The Reform UK leader has said Christopher Harborne wants nothing in exchange for…
World’s oldest tortoise caught in viral crypto death scam
Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donations At 194 years old, Jonathan the giant tortoise was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam. News outlets including the BBC,…
I was paid to write fake Google reviews – then my ‘bosses’ tried to scam me
Undercover reporter gets a taste of the sprawling fraud industry in which cryptocurrencies play a crucial role Five firms including Autotrader and Just Eat investigated over fake review failings The holiday flat near(ish) the Roman ruins of Pompeii was “disgusting”, and smelled of “a mix of dampness and sewage”, according to one reviewer on Google…
What are the rules on cryptocurrency donations to UK political parties?
Temporary ban on crypto donations is being introduced after review into countering foreign interference in politics Ministers are introducing a temporary ban in cryptocurrency donations following an official review. Philip Rycroft, a former senior civil servant, made the recommendation as part of a review into countering foreign financial influence and interference in UK politics. Continue…
Revolut warns it risks backlash over support for energy-intensive AI and crypto
Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updates The UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in…
New crypto regulations likely to be big favor to the Trump family, industry insiders say
Regulators narrow securities definitions – a shift that could benefit Trump family’s crypto projects Sign up for the Breaking News US email to get newsletter alerts in your inbox On Tuesday, major US financial regulators published rules for the cryptocurrency industry that may reduce regulatory requirements and that insiders believe will benefit the Trump family’s…
Files cast light on Jeffrey Epstein’s ties to cryptocurrency
Newly released documents detail convicted sex offender’s early backing of bitcoin and Coinbase Millions of files related to Jeffrey Epstein have brought to light his ties to the highest echelons of the cryptocurrency industry. Documents published last week by the US Department of Justice reveal Epstein bankrolled the “principal home and funding source” for bitcoin,…