Latest in Blowback Plans Crypto
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Trump Faces Blowback Over Plans for Crypto Reserve
Digital assets like Bitcoin rallied on the president’s backing for a strategic holding, but even some conservatives and industry backers disapproved.The New York Times - 38m -
Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve
A backlash over President Donald Trump’s plan to include three small and relatively risky tokens in an eagerly awaited U.S. strategic crypto reserve helped largely erase a rally for bitcoin and ...MarketWatch - 6h -
Hegseth responds to blowback over Friday night Pentagon purge
Defense Secretary Pete Hegseth on Sunday defended the purge of top-level military officials amid blowback to the Friday night firings. The firing of Joint Chiefs of Staff Chair Gen. CQ Brown Jr., ...The Hill - Feb. 23 -
House Republicans hit the brakes on town halls after blowback over Trump's cuts
House Republicans are becoming wary of in-person town hall meetings after some lawmakers have faced hometown crowds angry about the Trump administration’s cuts.NBC News - 6d -
Crypto prices rally after Trump backs five coins for 'crypto reserve'
Trump named five cryptocurrencies he wanted in a potential national reserve so the US could become "the Crypto Capital of the World".BBC News - 1d -
Why are all my cryptos down?
Stablecoin nationalism meets attention-economy fatigueFinancial Times - 6d -
Trump announces US crypto reserve
President Trump announced Sunday that the U.S. would be creating a crypto reserve to boost the growing industry. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt ...The Hill - 1d -
SEC dropping crypto lawsuit, Coinbase says
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump administration plans to take a ...NBC News - Feb. 21 -
Coinbase Says S.E.C. Will Drop Crypto Lawsuit
The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.The New York Times - Feb. 21 -
SEC ends investigation into Robinhood's crypto arm
The Securities and Exchange Commission (SEC) has closed its investigation into the cryptocurrency arm of Robinhood without taking action against the online brokerage, the company announced Monday. ...The Hill - Feb. 24 -
After a Violent Kidnapping, Crypto Elites Hire Bodyguards
A spate of abductions has sent crypto executives and wealthy investors in search of ways to protect themselves.Wired - 6d -
The SEC Is Abandoning Its Biggest Crypto Lawsuits
Regulators at the US Securities and Exchange Commission have called a sudden truce with the cryptocurrency industry, bringing an end to years of legal conflict.Wired - 3d -
Under Trump, U.S. Dismantles Crypto Crackdown
Going case by case, regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives.The New York Times - 3d -
Crypto Prices Fade as Trump Euphoria Dissipates
Bitcoin, the biggest cryptocurrency, is back to pre-Trump levels.Inc. - 2d -
White House to host first Crypto summit
The White House is set to welcome professionals in the cryptocurrency industry on March 7 for a first-of-its-kind summit. “Attendees will include prominent founders, CEOs, and investors from the ...The Hill - 2d -
Trump's crypto strategic reserve: Key questions
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Key questions about Trump’s crypto reserve plan President Trump offered new details about his plan to ...The Hill - 6h -
Meme coins led crypto’s rally last year. Now they may be hurting the entire crypto market.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - 5d -
Hackers steal $1.5bn from crypto exchange Bybit in biggest-ever heist
Theft deals blow to an industry that has been reinvigorated by Donald Trump’s re-electionFinancial Times - Feb. 21 -
Trump’s Crypto Love Affair Is Blossoming as Musk’s DOGE Reins In Regulators
Lawsuits are being dropped in the friendlier regulatory environment, while officials investigating Musk’s companies are getting DOGE’d.Inc. - Feb. 21 -
Big Day for Crypto Goes South After Bybit Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.The New York Times - Feb. 22 -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - Feb. 22 -
Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’
Bybit platform appeals to ‘brightest minds’ in cybersecurity for help after attacker transfers Ethereum currency . The cryptocurrency exchange Bybit has called on the “brightest minds” in ...The Guardian - Feb. 23 -
Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.The New York Times - Feb. 25 -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - Feb. 25 -
To fight scams, Senate bill would limit transactions at crypto ATMs
The Crypto ATM Fraud Prevention Act proposed by Sen. Dick Durbin would prevent new users from spending more than $2,000 in a day at a bitcoin ATM.NBC News - 6d -
Rout wipes $800bn from crypto market as bitcoin slump deepens
Crypto fervour that greeted Trump’s election has faded amid series of scandalsFinancial Times - 5d -
Crypto sleuths join hunt for $1.5bn stolen in biggest ever heist
ByBit is offering financial rewards to anyone who can spot criminals attempting to launder the stolen crypto.BBC News - 5d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 5d -
North Korea behind $1.5bn hack of crypto exchange ByBit, says FBI
The US agency said it refers to this specific North Korean malicious cyber activity as ‘TraderTraitor’. North Korea was behind the theft of approximately $1.5bn in virtual assets from a ...The Guardian - 5d -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - 4d -
House Democrats take aim at $TRUMP crypto meme coin
A California Democrat plans to introduce the Modern Emoluments and Malfeasance Enforcement Act, or MEME Act, on Thursday.ABC News - 4d -
Argentina’s Crypto Scandal Swindled Thousands. What Did Javier Milei Know?
A new cryptocurrency called $Libra bilked investors out of $250 million. It had been promoted by President Javier Milei.The New York Times - 3d -
Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more
Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.CNBC - 1d -
Crypto prices jump as Trump names tokens included in strategic reserve
President’s comments on digital assets such as bitcoin, XRP and solana lift market after recent shake-outFinancial Times - 1d -
SEC turns a new leaf with flurry of crypto probe endings
The ending of multiple Securities and Exchange Commission (SEC) investigations into cryptocurrency firms is sending a strong signal that the agency’s approach to enforcement is quickly changing ...The Hill - 18h -
The U.S. Strategic Crypto Reserve Should Include Only Bitcoin
President Trump should create a bitcoin-only strategic reserve or none at all.Inc. - 13h