Tag: white
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Liquid Network Security Breach Results in 320 Million Dollars in Bitcoin Exploited by White Hat Hackers as Industry Evaluates Layer 2 Vulnerabilities
The Liquid Network, a prominent Bitcoin sidechain developed by Blockstream, recently fell victim to a sophisticated exploit that resulted in the unauthorized withdrawal of approximately 4,000 Bitcoin (BTC), valued at an estimated $320 million. The incident, which unfolded over the first week of September 2026, has sent ripples through the digital asset industry, highlighting the…
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SEC Submits Digital Asset Custody Proposal to White House in Major Shift Toward Crypto-Friendly Regulation
The Securities and Exchange Commission (SEC) has officially submitted a series of proposed rules regarding digital asset custody to the White House for formal review, marking a significant milestone in the agency’s pivot toward the Trump administration’s stated pro-crypto agenda. The proposal, which was transmitted to the Office of Management and Budget (OMB) on August…
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Senate Deadlock Over Clarity Act Ethics Provisions Deepens as Democrats Reject White House-Backed Proposal
The United States Senate’s momentum toward establishing a comprehensive regulatory framework for digital assets has encountered a significant setback as bipartisan negotiations over the Clarity Act stalled this week. The impasse centers on controversial ethics provisions regarding the potential financial interests of high-ranking federal officials, most notably President Donald Trump, in the burgeoning cryptocurrency sector.…
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Former White House Teleprompter Operator Fined $172,000 for Insider Trading on Presidential Speech Prediction Markets
A former White House teleprompter operator, Gabriel Perez, has agreed to pay $172,000 to settle charges brought by the Commodity Futures Trading Commission (CFTC), which accused him of engaging in insider trading on prediction markets. Perez allegedly leveraged his advance knowledge of presidential speeches to wager on specific words and phrases that President Donald Trump…
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SEC Submits Digital Asset Custody Proposal to White House in Major Move Toward Crypto Regulatory Clarity
The Securities and Exchange Commission (SEC) has officially submitted a series of proposed rules regarding digital asset custody to the White House for formal review, marking a significant milestone in the agency’s pivot toward a more structured and industry-aligned regulatory framework. The proposal, which was transmitted to the Office of Management and Budget (OMB) on…
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Senate Stalemate Intensifies Over Clarity Act Ethics Provisions as Democrats Reject White House-Backed Proposal
The United States Senate’s momentum toward establishing a comprehensive regulatory framework for digital assets has encountered a significant procedural and political impasse following the rejection of specific ethics language by Democratic lawmakers. The Clarity Act, a centerpiece of bipartisan efforts to regulate the burgeoning stablecoin and digital asset markets, is currently stalled as negotiators grapple…
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White House Develops Comprehensive Executive Order to Standardize Federal Cryptocurrency Oversight and Regulation
The Biden administration is reportedly in the advanced stages of drafting a sweeping executive order designed to establish a unified federal strategy for the regulation and oversight of the cryptocurrency industry. According to reports from sources familiar with the matter, the directive aims to harmonize the currently fragmented approach taken by various U.S. agencies, signaling…
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Washington’s Crypto Regulatory Ambitions Halted Amidst White House Intervention and Wall Street Legal Threats
The volatile landscape of U.S. crypto policy witnessed yet another dramatic turn last Friday when the Securities and Exchange Commission (SEC) abruptly canceled a pivotal meeting. This session was poised to initiate the formal rulemaking process for a new regulatory framework targeting crypto fundraising, dubbed "Regulation Crypto Assets." The sudden halt has ignited a fresh…
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White House Urges Congressional Action on CLARITY Act as September 15 Deadline Looms
White House crypto adviser Patrick Witt has underscored September 15 as a critical deadline for congressional negotiations surrounding the CLARITY Act, a legislative effort aimed at establishing a comprehensive regulatory framework for digital assets in the United States. Witt’s pronouncement carries significant weight as this date now directly coincides with a pivotal procedural test in…
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President Trump’s Investment Advisers Executed Over 21,000 Securities Trades in First Year Back in White House
President Trump’s investment advisors engaged in a remarkable surge of financial activity during his initial year back in the White House, executing more than 21,000 securities trades across eight accounts. This extensive trading volume, revealed in the Office of Government Ethics’ release of Trump’s personal financial disclosure, indicates a significant expansion of his financial portfolio,…
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