US Republican Lawmakers Demand Treasury Answers on Chinese Hack of Employee Workstations
Two US Republican lawmakers are urging the Treasury Department to provide answers regarding a Chinese state-sponsored cyberattack that compromised employee workstations. In a Dec. 31, 2024, letter to Treasury Secretary…
US Government Strikes Major Nuclear Energy Deal
The US government has signed a massive nuclear energy deal, marking a significant move to secure reliable power for federal agencies while meeting growing electricity demands. The General Services Administration…
California Resident Files Lawsuit Against 3 Asia-Based Banks Over $1M Crypto Scam
A California resident has filed a lawsuit against three Asia-based banks, accusing them of neglecting necessary checks that could have prevented crypto scammers from defrauding him of nearly $1 million.…
New Code Fuels Rumors X Payments Launch May Be Imminent
A recent leak of the latest software code behind Elon Musk’s X platform has ignited speculation that the highly anticipated payments system, X Money, could be launching soon. The leak…
Tesla’s Annual Deliveries Decline for the First Time
Tesla, the leading name in electric vehicles, has reported its first-ever year-over-year decline in annual deliveries, sparking concerns about the company’s performance in an increasingly competitive market. The automaker delivered…
USDC Market Cap Jumps 80% from 2023 Lows as Onchain Activity Surges
The circulating supply of Circle’s USD Coin (USDC) has seen a significant surge, rising 80% from its cyclical lows, as onchain activity continues to pick up momentum. According to data…
Morgan Stanley Considers Adding Crypto Trading to E-Trade Platform
Morgan Stanley, one of the largest asset management firms in the world, is reportedly considering adding cryptocurrency trading to its E-Trade online brokerage platform. According to a January 2 report…
KuCoin Launches New Point-of-Sale System to Enable Crypto Payments for Businesses
KuCoin, one of the world’s largest cryptocurrency exchanges, has introduced a new point-of-sale (PoS) system that enables its users to make payments using their exchange balances. This new feature, known…
Apple Settles Siri Privacy Lawsuit for $95 Million
Apple has agreed to pay $95 million to settle a class action lawsuit alleging that its Siri voice assistant inadvertently recorded private conversations. The settlement, which requires approval from US…
Celsius Challenges Court’s Rejection of $444M Claim in FTX Litigation
The defunct cryptocurrency lending platform Celsius has initiated an appeal against a judicial order that rejected its substantial financial claims in its bankruptcy proceedings. This move follows Judge John T.…
Nick Clegg Steps Down from Meta After Seven Years
Nick Clegg, Meta’s president of global affairs and a prominent voice in shaping the company’s policies, has announced his departure after seven years. Clegg shared the news on X and…
Binance Achieves 21st International Crypto License with Brazilian Authorization
Binance, the world’s foremost cryptocurrency exchange, has obtained its 21st international regulatory approval, this time from Banco Central do Brasil (BCB), the central bank of Brazil. This authorization is a…
Mexico Imposes New Tariffs That Could Affect E-Tailers Like Shein and Temu
Mexico’s new tariff policy is set to shake up the world of online shopping, with platforms like Shein and Temu potentially facing significant hurdles. Starting January 1, goods entering Mexico…
Decline in Crypto Theft: December Sees Lowest Losses of 2024
In the closing month of 2024, the digital asset community witnessed a significant reduction in financial losses due to scams, exploits, and hacks. December registered the lowest amount stolen all…
U.S. Crypto Executives Anticipate Clearer Regulations Under New Administration
With the imminent arrival of a new U.S. presidential administration and Congress, the digital asset industry is abuzz with expectations of potentially more accommodating regulatory frameworks. Key industry leaders are…
Terraform Co-founder Do Kwon Pleads Not Guilty in First US Court Appearance After Extradition
Do Kwon, the co-founder of Terraform Labs, appeared before a US magistrate on January 2, 2025, and pleaded not guilty to multiple charges related to the collapse of the Terra…
CNBC Launches CNBC+ Streaming Service with Tiered Pricing and Global Reach
CNBC has unveiled CNBC+, a new subscription-based streaming service offering business news and financial content tailored to its core audience. Priced at $14.99 per month or $99.99 annually, the service…
Trump and Republicans Incorrectly Attribute New Orleans Incident to Immigration Issues
President-elect Donald Trump and certain Congressional Republicans have incorrectly linked President Joe Biden’s immigration policies to a recent tragic attack in New Orleans, despite the perpetrator being a U.S. citizen.…
US Soldier Arrested for Allegedly Selling Stolen Phone Records in Hacking Case
Federal authorities have charged Cameron John Wagenius, a U.S. Army soldier, with selling stolen confidential phone records, linking him to a broader hacking operation that involved high-profile breaches. Arrested on…
US Sanctions Iran and Russia for Election Interference with AI Disinformation
The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…