[Trump Asks Treasury Secretary to Investigate Whether Biden Used an Autopen to Sign Federal Reserve Appointment Documents]
On Tuesday, U.S. President Trump, during a rally in Pennsylvania, called on Treasury Secretary Scott Bessent to investigate whether former President Biden used an autopen to sign appointment documents for some Democratic members of the Federal Reserve Board. Trump suggested that these appointments may have been signed by mechanical devices and instructed the Treasury Secretary on-site to conduct an investigation. Last week, Trump announced the repeal of some pardons and commutations signed by Biden in January of this year, claiming that these documents were signed using an autopen. Legal experts believe the repeal decision has no legal basis.
[ArkInvest Increased Holdings of 55,000 Shares of Bitcoin Spot ETF ARKB Yesterday]
ArkInvest's funds increased holdings of 55,000 shares of Bitcoin Spot ETF ARKB yesterday. Among them, the ARKW fund purchased 49,246 shares, and the ARKF fund purchased 5,754 shares.
[Coinbase CEO: Staking service still facing lawsuits in 5 states, Maryland residents lose $8 million]
Coinbase CEO Brian Armstrong tweeted that at the beginning of the year, 10 states filed lawsuits against Coinbase's staking service, and now only 5 states remain in litigation. Maryland is one of the few states that has completely banned Coinbase's staking service, resulting in Maryland residents losing approximately $8 million in rewards, with losses continuing to grow.
[Nasdaq-Listed Company KindlyMD Reaches $210 Million USDT Loan Agreement with Kraken]
On December 9, Nakamoto Holdings, a wholly-owned subsidiary of Nasdaq-listed Bitcoin treasury company KindlyMD, entered into a $210 million USDT-denominated loan agreement with Payward Interactive, the operator of the cryptocurrency exchange Kraken. The one-year term loan carries an annual fee rate of 8.00% and is set to mature on December 4, 2026. The loan is secured solely by Bitcoin collateral valued at no less than $323.4 million and is held in custody by Kraken affiliate Payward Financial. KindlyMD will terminate its partnership with Antalpha by fully repaying its loan and will shift its borrowing relationship to Kraken.