🧐 Donald Trump may have broken the law at a dinner for top TRUMP token holders (Forbes)
✧ The former president addressed 220 investors in the TRUMP meme coin at his golf club, arriving by military helicopter.
✧ His speech featured the official presidential seal on the podium — which could violate federal law that prohibits using the seal to falsely suggest government endorsement.
✧ Such a violation could lead to a fine or up to six months in jail.
✧ The White House stated that the event was private and unrelated to the president’s official duties.
@flapystar
✧ The former president addressed 220 investors in the TRUMP meme coin at his golf club, arriving by military helicopter.
✧ His speech featured the official presidential seal on the podium — which could violate federal law that prohibits using the seal to falsely suggest government endorsement.
✧ Such a violation could lead to a fine or up to six months in jail.
✧ The White House stated that the event was private and unrelated to the president’s official duties.
@flapystar
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The American cryptocurrency exchange Coinbase and its leadership are accused of withholding crucial information and failing to adequately protect user data.
Investors have launched a class action lawsuit seeking compensation for losses following a steep decline in the company’s stock price.
The lawsuit represents all individuals who purchased Coinbase shares between April 14, 2021, and May 14, 2025.
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The company now holds 580,250 BTC (2.7% of the total supply), purchased since 2020 for a total of around $40.61 billion at an average acquisition price of $69,979 per BTC.
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Crypto user lost $2.6 million in stablecoins — falling victim twice in three hours to a “zero transfer” phishing scam 📉
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Here’s how the attack works: scammers send a $0 transaction from the victim’s wallet to a fake address, making it appear in their transaction history. Later, the victim, assuming the address is “trusted,” mistakenly sends real funds to it.
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Since the beginning of 2025, Monero has more than doubled in price, with an 80% gain in just the past month — despite being delisted from major exchanges, including Binance.
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Daily Recap – May 26
🇦🇪 Dubai's government has launched a pilot project to tokenize real estate using Ripple’s blockchain infrastructure.
🇵🇰 Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers — tax- and duty-free.
🤡 Donald Trump’s gala dinner for major TRUMP token holders turned out to be a disappointment.
🇪🇺 Trump has postponed increased tariffs on European Union goods until July 9.
🪙 Strategy has acquired 4,020 BTC for approximately $427 million at an average price of $106,237 per BTC.
💸 A class-action lawsuit has been filed against Coinbase and its executives over stock price declines following a data breach and compliance issues with the UK regulator.
🪙 Monero’s price soared above $410 — its highest since 2021.
🪙 Swiss watchmaker Franck Muller has released a limited edition — FRANCK MULLER 41MM SOLANA LIMITED EDITION.
🥊 China hosted its first humanoid robot fighting tournament.
☠️ crypto investor has been arrested in New York on charges of kidnapping and torturing an Italian citizen to extort access to his Bitcoin wallet.
⚡️ Trump Media Group, owned by Trump’s family, is seeking to raise $3 billion to invest in crypto.
📉 Crypto holder lost $2.6 million in stablecoins after falling twice in three hours for a “zero transfer” phishing scam.
🤖 ChatGPT has been trained to detect disinformation. You can now upload an instruction set and ask it to memorize the truth.
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Cantor Fitzgerald, a major investment bank with strong ties to Tether (#USDT), has officially launched a new lending arm secured by Bitcoin.
📌 Key updates:
– FalconX has already received funding and plans to raise over $100 million under the program.
– Maple Finance confirmed receipt of the first tranche from the credit line.
The former CEO of Cantor Fitzgerald is now the U.S. Secretary of Commerce. The company is currently run by his son — both have long-standing links to Tether.
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Daily Summary, May 28
🔥 Experts say that Tether is preparing a blockchain for USDT called Plasma — raising $50 million at a $500 million valuation.
✈️ Telegram will raise $1.5 billion through a bond issuance deal — investors include BlackRock, Mubadala, and Citadel.
🇸🇻 The International Monetary Fund (IMF) announced that El Salvador will no longer buy BTC in the future.
🇷🇺 The Russian government is considering banning mining in the south of the Trans-Baikal Territory and Buryatia from July 1, 2025, to March 2031.
🪙 Sol Strategies (the Solana ecosystem's Strategy analogue) plans to raise another $1 billion to buy Solana for its balance.
😀 Former Visa top executive appointed Vice President of Payments at TON.
🪙 Jack Dorsey’s company Block will add BTC payment acceptance via the Square platform.
⚡️ GameStop bought 4,710 BTC for its company balance.
🇺🇿 Binance announced it will stop supporting transactions in Uzbek soms (UZS) on its P2P platform.
🤖 Telegram and Elon Musk’s xAI company agreed on a 1-year partnership to integrate Grok into Telegram.
⛔️ Hackers hacked the Cork Protocol project, stealing $12,000,000.
☠️ In Bangkok, “Madam Ngo,” involved in a $300 million crypto scam, was arrested — detained in a hotel with two bodyguards.
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They earned nearly $500,000,000 this way, securing investments from Microsoft and other major players.
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An impressive ad and a subtle nod to energy independence.
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🇵🇦 The Mayor of Panama City proposed allowing ships to skip the line in the Panama Canal if they pay in BTC. According to him, using crypto could boost innovation and bring additional benefits to the country’s economy.
Previously, the mayor hinted at creating a Bitcoin reserve after meeting with an advisor to Nayib Bukele.
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Previously, the mayor hinted at creating a Bitcoin reserve after meeting with an advisor to Nayib Bukele.
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🇺🇸 The SEC has issued a statement declaring that participating in staking on Proof-of-Stake (PoS) blockchains is not considered a securities transaction.
In other words, according to the regulator, staking does not violate securities laws.
Are we about to see Ethereum staking from BlackRock and other major players?
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In other words, according to the regulator, staking does not violate securities laws.
Are we about to see Ethereum staking from BlackRock and other major players?
@flapystar