According to people familiar with the matter, the US Marshals Service (USMS) is unable to confirm the amount of bitcoin it currently holds, or even give a rough estimate. This management flaw could affect the US government's plan to build a crypto reserve, proposed by White House crypto director David Sacks, which could change the way the government handles seized crypto assets and could even involve the purchase of cryptocurrencies. At present, the USMS still relies on Excel records and manual ...
TSMC stopped supplying chips to Sophgo, an artificial intelligence company linked to Bitmain, after the US commerce department launched an investigation into whether it supplied chips to Huawei earlier this month. TSMC has cut off chip supplies to the companies involved, according to two people familiar with the matter.
Republican presidential candidate Donald Trump has announced his plan to ensure that the United States becomes the "global crypto capital". Trump posted on social media platforms on Thursday, but did not disclose any details. The video he shared also included a decentralized finance project that his sons recently promoted. "This afternoon [morning Beijing time], I will present my plan to ensure that the United States becomes the global crypto capital," Trump said in the video.