Telegram Founder Pavel Durov says the French government is doing the same things it's accusing Elon Musk's X of doing.
⚫ Illegally collecting personal data ⚫ Processing personal data without proper security ⚫ Extracting data from automated systems ⚫ Violating the secrecy of electronic communications
Bernstein set a $100 price target on IREN after the company signed a $3.4 billion AI cloud deal with NVIDIA and granted NVIDIA the option to invest $2.1 billion in equity.
Black Rock to launch tokenized money-market funds on Ethereum.
Black Rock is preparing to launch two tokenized money-market funds for investors who keep cash in stable coins rather than traditional bank accounts.
The asset manager filed paperwork for a digital share class tied to its $6.1 billion Black Rock Select Treasury Based Liquidity Fund, which invests in cash, US Treasury bills, notes, and other short-term securities with maturities of 93 days or less.
The tokenized shares are expected to run on the Ethereum blockchain alongside the fund's existing share classes.
The filing shows how major financial firms are moving closer to the stable coin economy as blockchain-based markets continue to expand.
🇺🇸 Senate Banking Committee schedules crypto Clarity Act vote for May 14 at 10:30 AM EST.
The Senate Banking Committee will hold an initial vote on the crypto Clarity Act bill on May 14.
Banks oppose the proposal, warning that stable coin rewards could compete with savings accounts and pull deposits from traditional lenders.
Crypto firms, including Coinbase, now support the updated language after a compromise from Sens. Thom Tillis and Angela Also brooks.
Democratic support remains unclear, with unresolved concerns over how politicians can profit from digital assets. The bill may still change before any full Senate vote.