Trump-linked RTR token dumps after his son says that there is no official TRUMP token yet

A newly launched cryptocurrency on the Solana (SOL) network, called Restore the Republic (RTR), initially soared to a $155 million market valuation amid rumors it was Donald Trump’s official token. However, the token’s value plummeted by 95% on Thursday after Trump’s son clarified that his father does not yet have an official token. Excitement over…

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Aptos Labs CEO Mo Shaikh appointed to CFTC’s digital assets subcommittee

The Commodities Futures Trading Commission (CFTC) has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, to its Digital Assets Subcommittee. This subcommittee is part of the Global Markets Advisory Committee (GMAC), which was established in 1998 and includes top financial executives from firms such as Citadel, Goldman Sachs, and HSBC. The GMAC and its…

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Why is Bitcoin better than Conventional Currency / Cash / Fiat Money?

Bitcoin, often referred to as the pioneer of cryptocurrencies, is a digital or virtual currency that was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. Unlike traditional fiat currencies issued and regulated by governments, Bitcoin operates on a decentralized network called the blockchain. It is known for its revolutionary…

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