The Trump administration’s Department of Government Efficiency has been shut down prematurely. Its employees are being scattered to other agencies while the federal budget continues to grow unchecked.
Binance CEO Richard Teng has dismissed allegations that the exchange’s involvement with a Trump-backed stablecoin influenced former CEO Changpeng Zhao’s presidential pardon. The controversy centers on a $2 billion investment from Abu Dhabi’s MGX that utilized the USD1 stablecoin. Teng maintains Bina
