Will Trump’s crypto bill become law despite opposition from Democrats and banks?
The Senate is expected to hold a procedural vote on Tuesday on the Digital Asset Market Clarity Act, also known as the Clarity Act. The bill is one of the biggest efforts yet to create a clear set of rules for the cryptocurrency industry in the US.…
Six houses, Lamborghinis and dozens of Louis Vuitton bags: How a $250 million crypto fraud allegedly funded a luxury life
A $250 million crypto fraud allegedly financed a lavish lifestyle of luxury homes, Lamborghinis, Rolex watches and dozens of Louis Vuitton bags, according to the US Department of Justice. Christopher Alexander Delgado, former CEO of Goliath Ventures,…
Who is Malone Lam? Singaporean cybercrime ringleader pleads guilty to shocking crypto heist in US
A Singaporean national has pleaded guilty to participating in a racketeering conspiracy. US prosecutors said that Malone Lam, 22, used social engineering and home break-ins to steal and launder more than $245 million in cryptocurrency. Malone Lam:…
A self-made billionaire couple gave San Francisco State University $25 million in XRP, one of the largest crypto donations to US higher education
PC: San Francisco State University A self-made billionaire couple gave San Francisco State University a $25 million gift, with a large portion of the donation made in XRP, making it one of the biggest cryptocurrency contributions to US higher education…
Why is Bitcoin rising after the US Treasury doubled bond buybacks? What it means for BTC, crypto and inflation
Bitcoin jumped sharply after the US Treasury announced a major increase in its bond buyback operations. BTC rose about 6% after the announcement, while the broader crypto market also moved higher. The move came as investors saw the Treasury action as a…
More than 10 Wall Street firms pay up to $100,000 for faster Truth Social posts as Trump Media crypto losses mount
Trump Media has signed up more than 10 customers for its new Truth API service. The service gives Wall Street traders faster access to market-moving posts made by influential accounts on Trump’s Truth Social platform. Truth API launched at the start of…
Trump Media Q2 results: US president-led media venture posts $238 m loss as crypto holdings tumble
Crypto losses deepen Trump Media’s woes as company doubles down on Truth Social Trump Media & Technology, the company behind US President Donald Trump’s Truth Social platform, reported a $238 million loss in the second…
Who is Patrick Yaroch? 5 things to know about FBI agent arrested for stealing $1 million crypto during probe
Patrick Yaroch, a former FBI agent, was fired and arrested after he allegedly stole close to $1 million in cryptocurrency from accounts he was monitoring as part of an investigation. The theft took place over the last few months, leading to…