Crypto News
Tron Inc. Deal Gives Justin Sun’s Father Control of Public Firm Via $100M Token Deal
A Securities and Exchange Commission (SEC) filing posted Monday night outlines the relationship between Tron DAO, Justin Sun, and SRM Entertainment, a Nevada company in the process of changing its name to Tron Inc.The filing details a $100 million private investment in public equity (PIPE) deal, paid entirely in TRX TRX tokens, that gives Sun’s father, Weike Sun, board control and positions Tron-aligned advisors in key governance roles.Weike was named chairman, while Zhihong Liu, also known as Steve Liu, a strategic adviser to Tron DAO and the CEO of stablecoin issuer Techteryx, and Zi Yang, a senior executive at Tronscan, joined the board’s audit, compensation, and nominating committees, according to the filing.The deal was structured as a private investment in...
How to Get Your Chatbot to Talk Dirty
Users seeking steamy romance from their AI companions are getting yoga guides instead. Here’s how to stop your chatbot from pivoting from passion to wellness.Source link
Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration
The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a major step toward federal regulation of stablecoins. GENIUS Act Clears Senate, STABLE Act Clash Looms in House The bill—formally titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act—establishes a framework for issuing and regulating stablecoins, digital assets pegged toSource link
Is Semler Scientific Flashing a Warning Sign for Bitcoin Treasury Firms?
The company was valued at a razor-thin premium compared to its Bitcoin holdings, as of Tuesday.Source link
JP Morgan’s JPMD ‘Stablecoin’ Is Actually a Deposit Token on Base
The token will be available for use by select Coinbase institutional clients, before later becoming available to more traders, pending regulators’ approval. Source link