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President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The U.S. Mint’s latest fiscal
Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as “performance terminations,” targeting what
The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has deepened as new research identifies a vast crypto fortune linked to Nakamoto. Blockchain analytics firm Arkham Intelligence has traced 1.096 million BTC to addresses associated with the pseudonymous
Franklin Templeton’s Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a regulated option for exposure to bitcoin and ether. The investment firm filed Amendment No. 2
Brazil’s primary stock exchange, B3, is set to expand its cryptocurrency offerings by launching bitcoin (BTC) options and futures contracts for ether (ETH) and solana (SOL). The move, expected to take place this year, was confirmed by B3’s CEO, Gilson
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines, allowing banks to enter the
A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument that it was not a “statutory seller” because it did not directly transfer ownership of
Following the launch of former U.S. President Donald Trump’s meme cryptocurrency, $Trump, the digital currency market has been flooded with imitation tokens. Reports indicate that over 700 counterfeit coins have emerged, with some estimates suggesting the number could be as high as 6,800. These
The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP. The previous forecast, set at 4.6 percent, has been revised upward, though specific figures were
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