Lookonchain APP

App Store

U.S. Department of Government Efficiency (DOGE) Debunks Rumor: Reuters' Report on Its Dissolution is Fake News

2025.11.25 08:39:58

On November 25th, the US Department of Government Efficiency (DOGE) announced on the X platform that the Reuters article regarding its dissolution was false news. The department will resume its Friday routine updates in a few days. The American people have entrusted President Trump with the task of modernizing the federal government and reducing waste, fraud, and abuse. Just last week, the department terminated 78 wasteful contracts, saving taxpayers $335 million. Previously, according to a Reuters report on November 24th, since President Trump took office in January, he has been actively establishing the Department of Government Efficiency (DOGE) with the aim of downsizing the government. Despite having eight months left in its term, the department has been dissolved. When asked about the current status of the Department of Government Efficiency, the Office of Personnel Management Director Cooper said, "It no longer exists." Cooper further added that the Department of Government Efficiency is no longer a "centralized entity." This is the first time the Trump administration has confirmed the dissolution of the Department of Government Efficiency.
Relevant content

Bitcoin Breaks $69,000, 24-hour Change 1.85%

On April 2, per HTX market data, Bitcoin surpassed $69,000, up 1.85% over the past 24 hours.

1 hours ago

The U.S. Treasury Department has officially launched the implementation of the "GENIUS Act," with a issuance cap of up to $10 billion issuers may opt for state-level regulation

April 2 — The U.S. Treasury Department has officially launched implementation efforts for the stablecoin-focused "GENIUS Act," releasing an 87-page proposed rulemaking notice as the Act’s first implementing regulation, with a 60-day public comment period. Under the "GENIUS Act," stablecoin issuers with total circulation under $10 billion may opt for state-level regulatory oversight, provided their state’s framework is "substantially similar" to the federal one. The Treasury will use this notice to establish general principles defining "substantial similarity."

1 hours ago

U.S. Official: Trump to Reiterate Withdrawal from Iran Within 2 to 3 Weeks

April 2: U.S. officials say former President Trump will reiterate a 2- to 3-week timeline for withdrawing from Iran in an upcoming national address, and will tout "achievements in Iran." As previously reported, White House Press Secretary Levitt has stated that President Trump will deliver a national address at 9 p.m. Eastern Time (9 a.m. Thursday Beijing Time) to provide a major update on the Iran situation.

1 hours ago

Riot Blockchain Reportedly Sells 500 Bitcoins, Valued at $34.13 Million

April 2: Per LookOnChain monitoring, Bitcoin miner Riot Platforms reportedly offloaded another 500 BTC roughly two hours ago, valued at $34.13 million.

1 hours ago

The US Supreme Court "questions" Trump's attempt to revoke birthright citizenship

On April 2, Bloomberg reported that the U.S. Supreme Court has cast doubt on former President Donald Trump’s attempt to end birthright citizenship, suggesting a key component of his immigration agenda may be struck down. Trump sat in the front row of the courtroom during oral arguments. Trump has long argued that the current U.S. birthright citizenship system is widely abused and represents a major loophole in the country’s immigration framework. He has repeatedly stated publicly that birthright citizenship—under which anyone born on U.S. soil automatically receives U.S. citizenship—is not a “gift” for illegal immigrants or temporary visitors, but was established post-Civil War to protect the descendants of enslaved people. Per monitoring by PolyBeats (via the link [https://t.me/PolyBeats_Bot]), the probability on the prediction market Polymarket that the U.S. Supreme Court will overturn Trump’s executive order related to birthright citizenship has risen from 81% to 95%.

1 hours ago

A Whale Day-Traded 1,000 Bitcoins, Profited $1.46 Million

LookOnChain monitoring shows that on April 1, whale address bc1q9j withdrew 1,000 BTC (valued at $67.25 million) from Binance. As of April 2, the whale has just redeposited the same 1,000 BTC, netting a $1.46 million profit.

1 hours ago