Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, industry executives joined President Donald Trump’s White House fundraiser dinner. Meanwhile, the Financial Times reported that the Trump family’s crypto ventures have generated more than $1 billion in profit. In other news, Paxos said it mistakenly minted 300 trillion PayPal stablecoins before the crypto community quickly flagged the error — a reminder of blockchain’s built-in transparency.
US President Donald Trump hosted a dinner for companies pledging funds to build a new ballroom in the White House, with attendees reportedly including Gemini co-founders Cameron and Tyler Winklevoss, and executives from Coinbase and Ripple.
According to a Wednesday Wall Street Journal report, among the donors and attendees of the dinner at the White House were the Winklevosses and representatives from Coinbase Global and Ripple Labs. The dinner was reported to be aimed at funding for the White House ballroom proposed by Trump in July, which was estimated to cost $250 million.
Read more