Tag: Cryptocurrency

Mastermind of $245M Cryptocurrency Heist Enters Guilty Plea

Malone Lam, a 22-year-old Singapore native living in Miami, has pleaded guilty to masterminding an international cybercrime ring that stole $245 million in cryptocurrency to fund an extravagant lifestyle.

Nasdaq Reportedly Invests $100 Million in Kraken’s Parent Firm

Nasdaq is reportedly investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal valuing the firm at $21 billion to develop tokenized equities infrastructure.

US Treasury Chief Scott Bessent Urges Senate to Pass Clarity Act

U.S. Treasury Secretary Scott Bessent has strongly urged the Senate to pass the crypto Clarity Act following a delayed vote, emphasizing national security and American leadership in digital assets.

Lummis Criticizes Democrats Ahead of Clarity Act Vote, Expects Passage

Republican Senator Cynthia Lummis criticized Democrats ahead of the upcoming Senate vote on the crypto Clarity Act, warning that failure to pass the bipartisan legislation could stall digital asset regulation for years.

National Sheriffs’ Association Withdraws Opposition to Clarity Act

The National Sheriffs’ Association has withdrawn its opposition to the crypto Clarity Act, adopting a neutral stance as a Senate vote approaches this month to establish a digital asset regulatory framework.

French Hill Seeks Bipartisan Support for Clarity Act Before September Vote

U.S. Representative French Hill stresses the need for bipartisan support to pass the cryptocurrency Clarity Act before the September 15 vote, highlighting remaining discussions over ethics provisions.
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Mastermind of $245M Cryptocurrency Heist Enters Guilty Plea

Malone Lam, a 22-year-old Singapore native living in Miami, has pleaded guilty to masterminding an international cybercrime ring that stole $245 million in cryptocurrency to fund an extravagant lifestyle.

Trezor Discloses New Data Breach Following Marketing Platform Attack

Bitcoin Magazine Trezor Reveals Another Data Breach After Scammers Target Marketing Platform  Users of the bitcoin hardware wallet were targeted with phishing attacks. This post Trezor Reveals Another Data Breach After Scammers Target Marketing Platform  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

New Draft of Crypto Clarity Act Circulates Ahead of Vote

A freshly revised draft of the Clarity Act is circulating ahead of a crucial Senate vote, introducing new CFTC registration mandates for non-decentralized DeFi protocols and adjustments for federal credit unions.

Nasdaq Reportedly Invests $100 Million in Kraken’s Parent Firm

Nasdaq is reportedly investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal valuing the firm at $21 billion to develop tokenized equities infrastructure.

Bitcoin Drops Amid New US-Iran Military Clashes

Bitcoin dropped over 2% to trade near $77,208 following renewed military clashes between the United States and Iran that pushed oil prices above $105 per barrel.