Sam Bankman-Fried Claims Biden Administration Targeted Him Politically Amid FTX Collapse

Eric Trump says crypto could actually save the U.S. dollar. Not kill it. Not weaken it. On Tuesday, just hours after ringing the Nasdaq opening bell for American Bitcoin’s public debut, a company where he’s got over $500 million stashed, Eric told the Financial Times that crypto is “arguably” the reason the dollar might stay alive. “Mining bitcoin here, and being financially independent and running a kind of financial revolution out of the United States of America…I think it arguably saves the US dollar,” he said. The timing wasn’t random. Eric’s comments came while the dollar was getting dragged. This year, it’s been tanking… fast. The cause? President Donald Trump’s trade war and his endless public jabs at the Federal Reserve, which just slashed interest rates again. The Fed cut rates yesterday, for the first time this year, right after Donald’s latest round of pressure. It’s not helping. Investors are losing confidence in what’s supposed to be the safest currency on Earth. Eric says crypto is fun, family is done with Wall Street Eric isn’t just pushing crypto from the sidelines. His family has gone full throttle into the space. We’re talking a Truth Social Bitcoin ETF, a Bitcoin treasury tied to Trump Media, and two meme coins; $MELANIA and $TRUMP. Eric defended both coins, saying they were meant to be “fun,” and explained why people are buying in: “They want to bet on a coin, or they want to bet on a player. They want to bet on a celebrity, or they want to bet on a famous brand. Or they just love somebody to death, and they want to buy, you know, a kind of small piece of them, via digital currency.” And Eric doesn’t give Wall Street any credit. At all. He made it clear that everything they’ve built was done without the help of big-name banks. “It’s almost like the ultimate revenge against the big banks and modern finance,” he said. That jab came after the Trump Organization filed a lawsuit against Capital One, accusing the bank of closing their accounts in 2021 for political reasons — something the bank denies. But Eric wasn’t done. “You realise you just don’t need them. And frankly, you don’t miss them.” He added that he wasn’t just referring to Capital One, but “all” of Wall Street’s major lenders and their “top people.” Stablecoins, trillions, and the White House betting on crypto Stablecoins have traditional banks spooked. They think cash might flow out of the banking system if coins like Tether or Circle offer better returns. And that fear isn’t fake. It’s growing, especially after Congress passed the first major crypto law in July. Now the White House wants stablecoin issuers to buy up a fat slice of the Treasury’s debt. Why? Because these crypto firms make money on the interest from the bonds they hold. Last year, Eric co-founded World Liberty Financial Inc. (WLFI), a crypto company that runs a stablecoin called USD1, pegged to the U.S. dollar. That project has serious family backing. Donald held 15.75 billion WLFI tokens at the end of 2024, based on official filings. At Wednesday’s trading price, that holding was worth over $3 billion. When asked about the family’s financial gain from crypto, Eric downplayed it. “If my father cared about monetising his life, the last thing he would have done is run for president, where all we’ve done is un-monetise our life.” Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

The post Ethereum Working Toward Quantum Resistance, Vitalik Buterin Teases appeared on BitcoinEthereumNews.com. Ethereum (ETH) founder Vitalik Buterin has shared his long-term plans for the blockchain. In a presentation delivered at the Japanese Developer Conference, Buterin provided insights into Ethereum’s current state and its future outlook. Vitalik Buterin on long-term focus Notably, Buterin broke down Ethereum’s development priorities into three phases, namely, the short term, the midterm and the long term. According to the blockchain’s founder, the vision is to build the most secure, future-proof network possible while keeping Ethereum simplified for users. Vitalik presented Ethereum’s roadmap at Japan Dev Conference today: short-term goals focus on scaling and increasing L1 gas limits; mid-term aims target cross-L2 interoperability and faster responsiveness; long-term vision emphasizes a secure, simple, quantum-resistant, and… — Wu Blockchain (@WuBlockchain) September 17, 2025 The long-term goal is to improve the overall security of Ethereum by making it withstand whatever threats might come from quantum computing. This indicates that security remains a core pillar of Ethereum’s improvement, given the numerous malicious attacks by hackers and scammers in the space. Buterin explained that Ethereum intends to use mathematical methods to verify the safety and accuracy of Ethereum’s code and protocols. However, while focusing on all of these, developers will ensure that Ethereum remains simple and all unnecessary complexities are eliminated. The ultimate goal is to ensure that Ethereum is more efficient and easier to maintain while not compromising the safety and security of users’ assets. In the short term, Buterin intends to make Ethereum improve transaction efficiency on the blockchain. It is also linked to its midterm goals of improving the speed of transactions, especially across layer-2 networks. Market reaction as Ethereum holds above $4,000 Earlier in July 2025, Vitalik Buterin had also shared ideas on how to improve layer-2 solutions and ensure success. He had suggested that relying on layer-1 offerings in terms of data,…

The post Vitalik Buterin wants to build ‘the next generation of finance’ – Here’s how appeared on BitcoinEthereumNews.com. Journalist Posted: February 16, 2026