The Federal Reserve announced Wednesday night that it is seeking public comment on a proposal to extend limited access to its payment infrastructure to fintech and other non-bank firms. The proposal follows an executive order signed by President Trump this week directing federal financial

Elon Musk’s ongoing trial over a $134 billion lawsuit filed by OpenAI CEO Sam Altman continued on May 12, with Altman testifying in court. During his testimony, he described a late-night meeting held at Tesla in 2017, when Musk suddenly pulled out his phone and forced everyone present to watch a “meme” on the screen for “a very, very long time.” Meme incident: a late-night Tesla interlude According to a report by Intelligencer, Altman recalled in his testimony that in 2017 the two sides were ser

The Australian government is expected to reveal details of proposed capital gains tax (CGT) changes on Tuesday during budget night, which would likely affect crypto investors, according to local media reports. Treasurer Jim Chalmers is scheduled to disclose

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

OpenAI CEO Sam Altman’s San Francisco home was hit with a Molotov cocktail, and police arrested a suspect. Afterward, Altman expressed strong outrage, reflecting on his conflicts with Musk and the former board of directors. He likened AGI to The Lord of the Rings, called for democratizing technology so more people can participate, and emphasized the need to reduce social polarization and prevent more violent incidents.

Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk. To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not

In brief Phone logs show seven calls between Milei and a backer of the LIBRA meme coin on its launch night, according to a New York Times report. WhatsApp messages reference regular payments to Milei from when he was still a congressman. Argentina's federal criminal probe into the

Bitcoin dipped to $68,589 after a brief rally fueled by ceasefire news, as geopolitical tensions persist. Other cryptocurrencies also fell. Market uncertainty continues, with Bitcoin trading within the $65,000 to $73,000 range, awaiting Trump's deadline for Iran negotiations.

Newly uncovered call logs suggest Argentine President Javier Milei spoke with one of the entrepreneurs behind the Libra token multiple times on the night he promoted the cryptocurrency, raising questions about Milei’s assertion that he had no connection with the project.  According to logs

Argentinian President Javier Milei had seven phone calls with a key figure behind the LIBRA cryptocurrency project on the night in 2025 when he publicly promoted the token on X, according to an ongoing federal investigation that has named Milei as a person of interest.