VIPs dug deep into their pockets to attend U.S. President Donald Trumpās upcoming meme coin dinner, with each wallet on the leaderboard forking out an average of almost $4.8 million in TRUMP tokens to earn their spot.
But while it may have secured them access to the exclusive reception, the political fallout from Trumpās crypto dinner continues to have reprecussions. Watchdogs and lawmakers have highlighted the potential conflict of interest, accusing the president of engaging in a ānakedly corrupt self-enrichment scheme.ā
Meanwhile, confusion has mounted around Trump-linked crypto ventures, with Trump Mediaās Truth Social denying reports that it plans to launch a meme coin, and Trump-affiliated World Liberty Financial asserting that it is āthe only DeFi project backed by the Trumps.ā
Trumpās Crypto Dinner Cost VIP Attendees an Average of $4.8 Million
Crypto investors dug deep into their pockets to secure a VIP spot at President Trump's upcoming reception and dinner.
Truth Social Denies Meme Coin Plans as Trump Token Slips
Trump Media denied plans for a Truth Social meme coin, but past token proposals and ongoing crypto ventures continue to fuel confusion.
Bitcoin Price Flat as US Reports 2.3% Inflation in April
The Bitcoin price remained flat after the U.S. Bureau of Labor Statistics reported that inflation rose in Aprilābut only slightly.
SECās Crypto Embrace Seems Like 'Government Picking Winners and Losers', Says Crenshaw
The lone Democrat at the SEC questioned why Wall Street should move on-chain during a crypto roundtable held Monday.
š Myriad Market of the Day
Fear and Greed Index at 70 or higher on May 14?
Trade “Fear and Greed Index at 70 or higher on May 14?” on Myriad
From our partner
DeFi is heating up on Flare! In the space of two weeks, stablecoin TVL has surged from $5M to over $110M, while total DeFi TVL has doubled to $140M. The key catalyst? USDā®0 is now live on Flare ā the omnichain version of Tether's USDT, backed 1:1 and built for seamless cross-chain movement.
With Kraken now supporting USDā®0, users can easily on-ramp, off-ramp, and earn top-tier APY on Flare.
āRegulatory efforts to facilitate adoption of blockchain, let alone specific forms of it, seems a bit like the government picking winners and losers.ā
š®ļø GG: GTA 6 Preview: What We Know About the New Grand Theft Auto and Crypto Rumors
UPDATE: The latest GTA 6 trailer shared a ton of new details about the game following its delay into 2026. Here's the rundown.
š¤ EMERGE: This Clever Google Messages Trick Lets You Use AI on Flights Without Paying Wi-Fi Fees
A free RCS chat using Gemini AI offers a loophole to access the internet during a flightāwithout the pricey Wi-Fi bill.
šļø SCENE: Meta Removes Deepfake AI Ad After Jamie Lee Curtis Calls Out Mark Zuckerberg
Meta removed a fake AI ad using Curtisā likeness after she publicly urged the firmās CEO to act, citing misuse of her voice and image.
š Watch and Learn
š¹ WATCH: DeFi Suite Common is Making Privacy Accessible – Decrypt
Common and Aleph Zero co-founder Adam GÄ gol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless default, and why it's crucial for the mainstream adoption of crypto.
Sponsored post by Common
š LEARN: Bull vs. Bear Markets: What They Mean for Bitcoin and Crypto
With nonstop trading and no circuit breakers, crypto markets are different fromāand often more volatile thanātraditional equities markets.
