Day: 20 June 2025

TikTok Denies Involvement in Alleged $300M Trump Memecoin Purchase Amid Political Backlash

TikTok has publicly rejected allegations that its Chinese owners are investing in a memecoin associated with U.S. President Donald Trump, pushing back against claims made by California Representative Brad Sherman. The official TikTok Policy account responded Thursday via X, calling Sherman’s statements “patently false and irresponsible.” The company emphasized that ...

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Blockdaemon Unveils Earn Stack for Secure Institutional Staking and DeFi

Blockdaemon has launched Earn Stack, a new product designed to help institutional clients offer secure, compliant staking and DeFi services. The rollout comes as regulatory scrutiny on staking intensifies, prompting financial institutions to seek reliable, non-custodial solutions. Earn Stack combines access to staking services across more than 50 proof-of-stake (PoS) ...

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