Category: Joe Biden

US Inflation Continues To Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC

The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and…

Nancy Pelosi Urged To Amend ‘Harmful’ Cryptocurrency Provision In Infrastructure Bill

U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the…

US Treasury Secretary Yellen Outlines Plans To Regulate Stablecoins In Collaboration With The Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital…

Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned

At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25,…

Joe Biden Directs US Intelligence To Investigate Ransomware Attack Against Florida IT Firm

Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were…

Texas Senator Claims People Are Flocking To Bitcoin Because US Is On ‘the Verge Of An Inflation Crisis’

This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes…

White House Tech Advisor Tim Wu Keeps At Least $1 Million In Bitcoin

Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who…

Biden Administration Expanding Cryptocurrency Analysis To Find Criminal Transactions

The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency,…