In a chilling escalation of cybercrime tactics, hackers are now leveraging deepfake technology to impersonate senior U.S. government officials in a series of phishing campaigns aimed at stealing sensitive data, the Federal Bureau of Investigation (FBI) has warned. According to a public advisory issued by the FBI on May 15, ...
The United States Senate is poised to pass a landmark bipartisan stablecoin bill, the GENIUS Act, as early as next week, following a key revision that removed controversial language targeting former President Donald Trump’s crypto ventures. Senator Cynthia Lummis, a Republican from Wyoming, announced during a Coinbase-hosted event on May ...
U.S. House Democrats have intensified scrutiny of Donald Trump’s crypto dealings, demanding the Treasury Department release suspicious activity reports (SARs) linked to his digital ventures, including the Trump-themed cryptocurrency and World Liberty Financial (WLF). In a letter dated May 14 and addressed to Treasury Secretary Scott Bessent, Representatives Gerald Connolly, ...
Despite claiming "substantial progress" in ongoing trade negotiations with China, the White House has yet to finalize or announce a formal deal, leaving investors uncertain about what comes next. In a statement issued on May 11, Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer said the talks had ...
U.S. Treasury Secretary Scott Bessent expressed support for two major crypto-related bills currently moving through Congress, signalling the Biden administration’s alignment with Republican-led efforts to make the United States a global hub for digital assets. Speaking before the House Financial Services Committee on May 7, Bessent emphasized the importance of ...
Israel-based trading platform eToro is moving forward with plans to go public in the United States, aiming for a valuation of up to $4 billion as it prepares to list on the Nasdaq Global Select Market under the ticker symbol “ETOR.” According to a recent announcement, eToro and its existing ...
Former Celsius CEO Alex Mashinsky is pushing back hard against the U.S. Department of Justice’s request for a 20-year prison sentence, accusing prosecutors of painting him as a “venom-laced” villain and ignoring his clean business record. In a memorandum, Mashinsky’s legal team argued that the proposed sentence is extreme for ...
A Russian-Israeli man accused of helping orchestrate the 2022 $190 million Nomad bridge hack is now facing extradition to the United States after being apprehended in Israel. According to an Israeli news outlet, the suspect, Alexander Gurevich, returned to Israel on April 19 and was summoned shortly after for an ...
The U.S. Attorney's Office for the Eastern District of New York (EDNY) has appointed Joseph Nocella as interim U.S. Attorney, according to a May 5 notice, following the departure of Acting Attorney John Durham. Nocella, selected by President Donald Trump, will serve for 120 days or until a Senate-confirmed successor ...
House Republicans have introduced a revised version of the Digital Asset Market Structure Discussion Draft, signalling a pivotal shift in U.S. crypto regulation aimed at decentralizing market power and creating clearer rules for digital asset innovation. Championed by House Agriculture Committee Chair Glenn Thompson and Financial Services Subcommittee Chair French ...
