Donald Trump’s controversial cabinet picks spark growing tension

As President-elect Donald Trump builds his administration, tensions are growing over his controversial cabinet picks. Trump loyalist and House Speaker Mike Johnson on Friday opposed an Ethics Committee report on Matt Gates to be the top law enforcement officer. Gates has been under investigation for allegations of rape against an underage girl. Details by Nick … Read more

They want to launch the world’s largest DeFi lending protocol in Bitcoin

Aave wants to operate on Spiderchain, which allows Ethereum apps to be compatible with Bitcoin. If the proposal is approved, they will launch a synthetic version of bitcoin on Spiderchain. Aave, one of the world’s largest DeFi lending protocols with a total value locked of $17 billion, is exploring the possibility of deploying its version … Read more

Institutional investment in Ethereum soared

Goldman Sachs has acquired $25 million in Ethereum ETFs. Citadel has purchased more than $3.5 million in these investment funds During the third quarter of the year, institutional investment in exchange-traded funds (ETFs) based on ether (ETH), the digital currency of the Ethereum ecosystem, skyrocketed. This is shown by the 13F forms that several financial … Read more