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Tokenized Gold Gains Popularity as Investors Seek Safe Havens
Amid economic uncertainty, tokenized gold assets like Paxos' PAXG have seen increased demand, with PAXG reaching a new all-time high of $3,489. Investors are turning to these assets as digital safe havens.
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Trump Media Partners with Davis Polk to Launch MAGA-Themed Crypto ETFs
Trump Media & Technology Group announced a partnership with law firm Davis Polk & Wardwell to develop MAGA-themed cryptocurrency exchange-traded funds (ETFs). The collaboration aims to expand Trump's influence in the crypto sector.
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Nvidia to Mass-Produce AI Supercomputers in Texas
Nvidia announced plans to mass-produce AI supercomputers in Texas as part of a $500 billion U.S. initiative. The move aims to bolster domestic technology infrastructure and reduce reliance on foreign manufacturing.
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Trump Administration Cuts International Labor Programs
The Department of Labor, under Secretary Lori Chavez-DeRemer, has terminated all international labor grants, including programs combating child labor and supporting workers' rights abroad. Critics argue the cuts undermine global labor standards and U.S. trade interests.
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Harvard Sues Trump Administration Over Funding Cuts
Harvard University has filed a lawsuit against the Trump administration after it froze $2.3 billion in federal grants and contracts, citing alleged civil rights violations. The university contends the move is politically driven and jeopardizes critical research
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