A 19-year-old suspected member of the Scattered Spider hacking group has been extradited to the United States over his alleged role in an $8 million crypto ransom demand targeting a luxury jewelry retailer. The US Department of Justice (DOJ) confirmed…
In a major development, the US government has issued an export control directive ordering leading AI company, Anthropic, to cut off all foreign national access to its Fable 5 and Mythos 5 AI models, forcing the company to disable the…
Kevin Warsh officially became the chairman of the United States Federal Reserve on Friday, taking the oath of office administered by Supreme Court Justice Clarence Thomas. The Federal Open Market Committee voted unanimously to select Warsh for the role. Trump…
Federal prosecutors have secured eight convictions in five months against Americans who helped North Korean IT workers infiltrate US companies. Matthew Isaac Knoot of Nashville and Erick Ntekereze Prince of New York were sentenced in separate courts in May for…
A US federal judge has handed down a 23-year prison term to a Texas man whose years-long cryptocurrency fraud operation –Meta-1 Coin Trust– drained more than $20 million from hundreds of unsuspecting investors. U.S. District Judge LaShonda A. Hunt of…
The US Commodity Futures Trading Commission (CFTC) has named the founding members of its new Innovation Task Force, a group assembled to help the agency develop regulatory frameworks across digital assets, artificial intelligence (AI) and prediction markets. The task force…
Key Takeaways Amid widespread criticism, US Senate Banking Committee member Bill Hagerty said on Monday he expects a potential path for a digital asset market structure bill in the coming weeks after months of delays in Congress. He made the…
Key Takeaways In a major development, Texas Lieutenant Governor (LG) Dan Patrick has directed state Senate committees to examine prediction markets, cryptocurrency and blockchain technology as part of legislative priorities ahead of the state’s next session in January 2027. In…
Key Takeaways US President Donald Trump has formally sent Kevin Warsh’s nomination to the US Senate to serve as the next chair of the Federal Reserve Board of Governors, the White House confirmed Wednesday. Warsh, who has previously expressed favorable…
Key Takeaways A private White House meeting between US President Donald Trump and Coinbase CEO Brian Armstrong preceded a blunt Truth Social message on Tuesday in which Trump demanded banks stop blocking progress on digital asset legislation, as per a…
