Tesla has hired a new board member with no automotive background, but that’s not a problem as the main responsibility of Tesla’s board members these days is to sell stocks and let Elon Musk destroy the brand.
Tesla announced today that Jack Hartung, better known for being a long-time top executive of Chipotle, the Mexican restaurant brand, is joining Tesla’s board.
The company wrote in the…
Despite pulling out of the Russian market in a response to that nation’s invasion of Ukraine, new trademark filings and a buyback option on its shuttered factory are raising eyebrows. Is Hyundai headed for a Russian return?
Hyundai joined most Western automakers in pulling…
At the recent Dubai Fintech Summit, Ripple reaffirmed its strategic focus on the evolving global crypto landscape. A key highlight of the event was the meeting between Ripple President Monica Long and Sheikh Ahmed bin Saeed Al Maktoum, a prominent figure in Dubai’s…
Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud.
Smerkis Steps Down as Blum CMO
Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal investigation into large-scale fraud. The announcement of his arrest came a day after Blum said Smerkis…
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a leading bitcoin treasury company based in Japan, has announced a significant expansion of its cryptocurrency portfolio. The company acquired an additional 1,004 bitcoin, bringing its total holdings to 7,800 BTC.
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week.
DOJ: Crypto Crime Ring…
DDC Enterprise Ltd. (NYSEAM: DDC), a Chinese publicly traded company, reported record 2024 financial results and announced plans to acquire 5,000 bitcoin ( BTC) over three years as part of a new corporate reserve strategy. The initiative includes an immediate purchase of 100 BTC, with a goal to hold 500 BTC within six months.
NYSEAM-Listed DDC to Invest in 5,000 BTC
According to the firm’s…
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As of April 2025, Solana’s decentralized application (dApp) ecosystem has seen significant swings in revenue and activity. Here’s a look at the latest trends—and the emerging opportunities they reveal:
Recent Revenue Trends
In…
Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to…
Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital assets, including the memecoin TRUMP, by issuing shares of common stock.
Addentax Group to Bring Crypto Influencers on As Shareholders
Chinese textile and apparel company Addentax Group Corp. announced on May 15 that it has held discussions with influential holders of…