A politician in New Jersey is accused of stealing more than $914,000 from an 80-year-old businesswoman he considered a close friend. Police say 50-year-old James Donio, the former president of the independent group Hammonton First, used fake leases, an improper mortgage discharge and unauthorized checks from the woman’s personal and business accounts between 2019 and …
Category archives: Trending Crypto news
President Trump Highlights New Child Savings Accounts as Some Families Face Delays
President Trump is promoting a new federal initiative that provides $1,000 in seed funding for savings accounts aimed at American children. The program launched on July 4th, 2026, reports Marshall Independent. Eligible babies born between January 1st, 2025, and December 31st, 2028, receive the Treasury deposit, which goes into tax-deferred accounts invested in low-cost U.S. …
President Trump Considering ‘Largest Ever’ Military Strike on Iran: Report
President Trump is weighing a major military strike on Iran that would exceed the scale of previous operations. He describes the potential action as bigger than anything attempted before, and says the US stands ready to proceed without outside help, reports Axios. “I am considering a massive attack. Bigger than ever before. I am close …
Continue reading “President Trump Considering ‘Largest Ever’ Military Strike on Iran: Report”
Robinhood CEO’s X account hacked in apparent memecoin scam
A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. One or more hackers took over Robinhood CEO Vlad Tenev’s X account on Thursday after a post appeared promoting a fake memecoin based on the company called “VLAD” …
Continue reading “Robinhood CEO’s X account hacked in apparent memecoin scam”
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins. David Solomon, chair and CEO of financial giant Goldman Sachs, has given his support for a “not perfect” cryptocurrency market structure bill under consideration in the US Senate even …
Continue reading “Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon”
Here’s why the CLARITY Act’s ethics deal may be so hard to reach
Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle. The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake, but …
Continue reading “Here’s why the CLARITY Act’s ethics deal may be so hard to reach”
BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power
The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power’s approximately $70 …
Kansas Leads Nation in Financial Distress While Maine Residents Enjoy Least Strain
Financial pressures hit residents harder in some states than others nationwide amid rising inflation, changing unemployment levels and other factors. Kansas ranks as the state with the highest levels of financial distress based on credit scores, distressed accounts, bankruptcy filings and search trends, reports WalletHub. The state posted a nearly 12% rise in non-business bankruptcies …
Americans Cut Paycheck-to-Paycheck Living to Five-Year Low Yet Anxiety Over Economy Holds Steady
The share of Americans reporting that they are living paycheck to paycheck has sharply plunged over the last year. The figure now stands at 48% after a 21-point plunge from the record high of 69% the prior year, marking the lowest level in four years, according to Debt.com. The survey polled about 1,000 Americans and …
Bitget secures license for New Zealand expansion
Crypto exchange Bitget said it was registered as a financial service provider with New Zealand’s financial regulator, enabling it to expand its services in the country. Cryptocurrency exchange Bitget said it is now registered as a financial services provider on New Zealand’s Financial Services Providers Register (FSPR). The registration enables the platform to offer services …
Continue reading “Bitget secures license for New Zealand expansion”
Bernstein says Bitcoin mining deals necessary for AI power crunch
Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers. Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of …
Continue reading “Bernstein says Bitcoin mining deals necessary for AI power crunch”
Kazakhstan approves strategic crypto mining rules tied to national reserve
Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules. Kazakhstan, one of the world’s largest Bitcoin mining hubs, approved a new framework for large-scale crypto mining that links access to electricity with contributions to a state-backed digital asset reserve. …
Continue reading “Kazakhstan approves strategic crypto mining rules tied to national reserve”
HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal
HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals. Key points: Hyperliquid’s HYPE token slid to around $58 on Wednesday in the face of large unstaking events initiated by crypto funds. Data obtained from hedge fund and analytics platform …
Continue reading “HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal”
Oregon Broker Facilitates $14,000,000 Wire Fraud Scheme, Sentenced to Three Years in Prison
A payment processing broker has been sentenced to three years in prison for helping sham merchants steal and attempt to steal $14 million from business bank accounts. The U.S. Department of Justice (DOJ) says Jeremy Todd Briley, 47, of Happy Valley, Oregon, worked as a broker who helped merchants find payment processors in the United …
Ex-CFO of Nebraska Bank Masterminds $4,320,000 Loan Scheme, Sentenced to 36 Months Behind Bars
A former Nebraska bank executive has been sentenced to three years in federal prison for his role in a $4.3 million bank fraud scheme tied to the construction of a car wash. The Department of Justice (DOJ) says Aaron Luneke, the former chief financial officer of Bank of the Valley, was sentenced on July 13th …