Trump’s first 100 days: all the news affecting the tech industry
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Trickle-down cryptonomics.
It’s not surprising that the government’s crypto reserve involves Bitcoin and Ethereum, but the other three coins seem kind of random — Cardano (have you heard of it???), XRP, and Solana.
Popular Information dug deeper and identified a few politically-connected entities involved. There’s Ripple, the company that created XRP, which donated tens of millions to Republican super PACs and candidates like Trump in the 2024 election. Then there’s Solana, which backs memecoins like $TRUMP and $MELANIA. And to nobody’s surprise, David Sacks is also all up in the mix.
Strategic corruption reserve
[popular.info]
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