Saturday, January 25, 2025

Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance (New York Times)

New York Times:
Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance  —  The president's promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...