Biden’s Dropout Odds Reach 63% on Polymarket
Polymarket users now bet a 55% chance of President Biden dropping out of the race, up from 19% pre-debate and peaking at 63% post-debate. Users are placing bets on a 55% likelihood that President Biden will withdraw from the presidential campaign, as per the crypto prediction platform Polymarket. This substantial increase in odds is particularly […]
US Lawmakers Urge Biden to Secure Binance Exec’s Return from Nigeria
U.S. lawmakers urge Biden to secure the release of Binance exec Tigran Gambaryan, detained in Nigeria for over three months. U.S. lawmakers are urging President Joe Biden and other senior officials to take immediate action to secure the release of Tigran Gambaryan, a former federal agent and executive at Binance. Additionally, they think that Gambaryan […]
Biden strikes a blow to the cryptocurrency industry
The Biden Administration endorsed a tax amendment that appears to be directed at the DeFi industry. In an unexpected move, the Biden Administration endorsed an amendment to a major Senate bill that would subject a large segment of the cryptocurrency industry to onerous or even impossible tax reporting requirements. Senators Rob Portman (R-Ohio) and Mark […]
Ransomware hackers demand $70 million in Bitcoin and allege a major U.S. attack, as Biden Investigates
An investigation into possible Russian involvement in the ransomware assault is underway, as hackers seek $70 million in bitcoin and claim a major U.S. strike. Vice President Joe Biden is leading the investigation. A group of Russian-speaking hackers have claimed responsibility for a massive ransomware attack that took place over the holiday weekend, affecting 200 […]
Biden’s Treasury Dept Nominee To Make Crypto Regulation Top Priority
“If I am confirmed, I will prioritize implementing that piece of legislation, including new regulations around cryptocurrency,” said Biden’s Nominee, Brian Nelson. Brian Nelson , President Joe Biden’s nominee for undersecretary of the Treasury’s division on terrorism and financial crimes, stated that he would prioritize the implementation of new cryptocurrency rules. Nelson said if he […]