In a move that shocked much of the political world, President-elect Donald Trump has proposed Bitcoin advocate Matt Gaetz to be his Attorney General. Indeed, the second Trump term is looking to appoint the Florida congressman in what is shaping up to be an increasingly pro-crypto administration. Gaetz is just the latest in a string…
In the wake of his sweeping 2024 election victory, people believe Donald Trump has the chance to reshape the American economy by slashing inefficient government departments, a move that could spark economic prosperity and return power to local communities. Charting a New Course: Trump’s Chance to ‘Restore America’ by Trimming the Federal Government Following his…
Blockchain analytics firm Arkham Intelligence has confirmed that a hacker allegedly breached U.S. government wallets. He drained nearly $20 million in crypto assets and has returned most of the stolen funds. The stolen money, which was from the Bitfinex hack of 2016, was reported to have been retrieved within a day of the attack. According…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Earlier this week, a daring hacker breached a US government crypto wallet and withdrew a whopping $20 million, only for the funds to be returned within 24 hours. This twist has left experts and investigators puzzled: Was it a change of heart or something more calculated? The attacker’s move…
The United States government has announced a formal investigation into crypto firm Tether, the developer of the USDT stablecoin. According to a report from the Wall Street Journal, authorities looking at possible violations of anti-money-laundering and sanctions rules by the firm. The company’s CEO, however, says that the investigation is not true. JUST IN: 🇺🇸…
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This criminal probe, reported by the Journal’s Angus Berwick, Vivian Salama, and Ben Foldy is said…
According to blockchain explorer firm Arkham Intelligence, a significant portion of the U.S. government’s allegedly seized crypto has made its way back. Sudden Shift in Seized Crypto Sparks Questions on U.S. Government Wallet Security Yesterday, Arkham Intelligence flagged a $20 million transfer from government-associated addresses. These funds, primarily in stablecoins and ether, were reportedly sent…
Hacks in the cryptocurrency industry are nothing new. In September alone, the market witnessed hacks worth $120 million. Over half of the $120 million in cryptocurrency attacks that occurred in the month were on centralized exchanges BingX and Indodax. Amidst this, malicious activity was suspected in the US government’s wallet. Also Read: SEC Can’t Stop…
In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted into ethereum “through suspicious addresses linked to a money laundering service.” $20M Vanishes From U.S….
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert,…
In what is an immensely concerning development, the US government has reportedly spent $1.049 trillion in 2024 on interest payments for its national debt. Indeed, the government’s debt figure has surpassed $35.3 trillion this year, as the country faces an impending crisis. The US Treasury Department reported the spending as the interest rate payments passed…