Howard Lutnick, President Trump’s pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.
The move comes after another activist investor, Starboard, had taken a stake in the miner late last year.
The crypto PAC’s largesse in Florida special elections — replacing people Trump tapped for his administration, including Matt Gaetz — led to two more victories.
A “near perfect” instrument is how Bitwise’s Jeff Park described the new offering.
Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space after World Liberty Financial and launching an “official” memecoin.
Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital.
The asset manager is among a number of issuers seeking ETFs for the memecoin.
The investigation is focused on alleged offenses committed in both France and the broader European Union from 2019 to 2024.
A new paper proposes using a method called “coarse-grained boson-sampling” to validate the proof of work process and reward successful miners.
Movement was reportedly one of the teams the Department of Government Efficiency representatives held conversations with about blockchain being used for government operations.