Reading Time: 2 minutesTether has assisted law enforcement in tracking $250,000 stolen through a crypto scam involving a fake Trump-Vance campaign fundraiser The funds were linked to a fraudulent website impersonating a joint fundraising committee supporting Donald Trump and J.D. Vance Investigators have successfully frozen the assets...
Posts published by “Mark Hunter”
Reading Time: 2 minutesThe GENIUS Act failed to pass an initial Senate vote last week, stalling bipartisan efforts to regulate stablecoins Democratic opposition has intensified over concerns about President Trump’s financial ties to crypto ventures Senate leaders have initiated renegotiations, aiming for a revised vote as early as this week The U.S...
Reading Time: 2 minutesA Virginia man has been sentenced to over 30 years in prison for funding the terrorist group ISIS He has used cryptocurrency to send more than $185,000 to ISIS operatives overseas He has been convicted on multiple counts of supporting a designated terrorist organisation A U.S...
Reading Time: 2 minutesFormer Supreme Court Attorney Tom Goldstein has been detained after allegedly violating pretrial release conditions in his tax evasion case Prosecutors claim he concealed cryptocurrency transactions totaling over $8 million, suggesting a potential flight risk Goldstein faces 22 federal charges, including tax evasion and making false statements to mortgage lenders Prominent attorney
Reading Time: 2 minutesOpenSea has denied rumors of an upcoming token airdrop Founder Devin Finzer called the rumors “completely false” following community speculation A website was discovered featuring OpenSea KYC terms and conditions, but this was clarified as being a test page OpenSea founder Devin Finzer has refuted rumors that the company is planning an
Reading Time: 2 minutesFederal Reserve Chair Jerome Powell has acknowledged concerns regarding the debanking of cryptocurrency firms He has committed to reevaluating the Federal Reserve’s supervisory practices to address these issues Powell has also expressed support for developing a regulatory framework for stablecoins Federal Reserve Chair Jerome Powell has admitted to being “troubled” by reports
Reading Time: 2 minutesFireblocks has integrated support for Sony’s new Soneium blockchain This integration enables secure digital asset custody services on Soneium The collaboration aims to enhance institutional adoption of Web3 technologies Fireblocks has announced its integration with Sony’s Soneium blockchain, marking an important moment in the growth of the month-old network...
Reading Time: 2 minutesThe European Central Bank (ECB) has emphasized the necessity of a digital euro The move would counteract US President Donald Trump’s recent executive order promoting dollar-backed stablecoins over a US Central Bank Digital Currency (CBDC) ECB Executive Board member Piero Cipollone expressed concerns that Trump’s actions could lead to European banks losing
Reading Time: 2 minutesDean Norris’s X account has been hacked to promote fraudulent cryptocurrencies for the second time in four months In September 2023, Norris’s account was used to advertise a fake token named SHRADER His account was compromised again over the weekend to promote another fraudulent token...
Reading Time: 2 minutesElon Musk has initiated discussions on integrating blockchain technology into federal operations to enhance efficiency The Department of Government Efficiency (DOGE), under Musk’s leadership, is evaluating blockchain for tracking federal expenditures and securing data Collaborations with public blockchain representatives have been undertaken to assess the feasibility of these technologies within government frameworks