Sens. Ted Cruz (R-TX) and Cynthia Lummis (R-WY) issued a call Sunday to open the so-called bipartisan infrastructure bill to fix the “reckless” $30 billion cryptocurrency regulation in the so-called bipartisan infrastructure bill.
Sen. Bill Hagerty’s (R-TN) office said in a statement Sunday that Democrats, not the Tennessee conservative, are blocking the chamber from voting on vital amendments to the so-called bipartisan infrastructure bill.
Ohio Senate Republican candidate J.D. Vance blasted on Friday a proposed cryptocurrency regulation from Sens. Rob Portman (R-OH), Mark Warner (D-VA), and Kyrsten Sinema (D-AZ), which President Joe Biden has backed, saying it would punish Ohioans to big tech’s benefit.
A “disastrous” amendment backed by President Joe Biden and proposed by Sens. Rob Portman (R-OH) and Mark Warner (D-VA) could crush the cryptocurrency industry, lawmakers and industry officials say.
According to a recent report, the U.S. government has seized $1.2 billion worth of cryptocurrency in fiscal year 2021. This represents a huge leap from the $137 million worth of cryptocurrency seized in 2020.
Sens. Cynthia Lummis (R-WY) and Ron Wyden (D-OR) proposed an amendment to address concerns over the so-called bipartisan infrastructure bill’s provision to tax and regulate the cryptocurrency industry.
The Electronic Frontier Foundation (EFF), an organization that advocates for the rights of digital consumers, has warned that plans for a cryptocurrency tax in the massive Democrat-pushed infrastructure bill risks stifling the emergent crypto market in the U.S. and exposing the personal data of those engaged in it.
Rep. Tom Emmer (R-MN) told Breitbart News in an exclusive statement Monday that the cryptocurrency tax in the so-called bipartisan infrastructure bill would be “dire” for American jobs.
Rep. Ted Budd (R-NC) told Breitbart News in an exclusive interview Monday that the cryptocurrency regulations in the so-called bipartisan infrastructure bill are “devastating” for American jobs and the country’s competitiveness in the financial technology industry.
Senate Republicans and Democrats unveiled their 2,702-page bipartisan “infrastructure” bill Sunday night after Breitbart News exclusively obtained the legislation.
Teeka Tiwari, editor of a financial newsletter from the Palm Beach Research Group — and advertising sponsor of Breitbart News — said Monday that bitcoin and other cryptocurrencies will likely become checks against central banks’ printing of money.
E-commerce giant Amazon has denied a recent media report claiming that the company will soon accept Bitcoin as a payment method.
Tesla CEO Elon Musk has stated that his company will likely start accepting Bitcoin for vehicle purchases again despite previously expressing worries over the carbon emissions of Bitcoin mining.
Malaysia’s crackdown on cryptocurrency mining produced a viral video over the weekend that showed 1,069 computers seized in raids this year getting crushed by a steamroller.
Why do some experts see cryptocurrency as this decade’s must-have investment? What exactly is crypto and how can average investors navigate the crypto market’s volatility? To get answers, Breitbart News Editor-in-Chief Alex Marlow spoke with crypto investment expert Teeka Tiwari, whose PickoftheDecade.com presentation and Palm Beach Letter provides investors with a clear explanation of the crypto market and how they can maximize their benefits from this new asset class.
Binance, one of the world’s largest centralized cryptocurrency exchanges has been banned from operating regulated activities in the United Kindom by the Financial Conduct Authority, the country’s financial and markets regulator.
Despite recent saber-rattling on the lack of “robust oversight” over cryptocurrency by Securities and Exchange Commission (SEC) chairman Gary Gensler, the Commission has no plans to regulate cryptocurrency in 2021, according to its recently published rulemaking list.
The The National Republican Congressional Committee (NRCC), the official GOP body which works to elect Republican members of congress, will accept donations in cryptocurrency, members of the committee told Axios.
Tesla CEO Elon Musk stated on Sunday that the company will resume accepting Bitcoin as payment for its electric cars once it confirms that there is a “reasonable” level of clean energy used by miners.
The Justice Department announced on Monday that it had recovered $2.3 million of the cryptocurrency ransom paid by Colonial Pipeline Co. to ransomware hackers. The funds were seized from an account located in California, leading many to suspect the ransom was paid to a Coinbase wallet — a claim the cryptocurrency exchange has denied.
El Salvador has become the first country in the world to accept Bitcoin (BTC) as a form of legal tender, under a new law championed by the country’s President, Nayib Bukele, and passed by the country’s Congress.
Republican activist and political candidate Laura Loomer ambushed Twitter co-founder and CEO Jack Dorsey at a conference on Bitcoin in Miami this weekend, confronting him on the issue of his platform’s widespread political censorship and election interference.
Sens. Cynthia Lummis (R-WY) and Sen. Kyrsten Sinema (D-AZ) have co-launched the bipartisan Financial Innovation Caucus aimed at highlighting innovation financial system solutions on how “technologies can make markets more inclusive, safe, and prosperous for all Americans,” the two lawmakers announced Tuesday
The price of Bitcoin increased by around four percent on Monday after Tesla CEO Elon Musk tweeted that he was in discussions with North American Bitcoin miners about the environmental sustainability of the cryptocurrency.
An anti-Elon Musk cryptocurrency coin called $STOPELON has reportedly joined the digital currency market following Musk’s negative comments about Bitcoin.
The CEO of Colonial Pipeline, Joseph Blount, has attempted to explain why he chose to pay a $4.4 million ransom to hackers that took the pipeline’s system hostage. According to one expert, the Colonial Pipeline payoff will “help keep United States critical infrastructure providers in the crosshairs.”
According to a recent report, the hackers behind the shutdown of the Colonial Pipeline, which caused a gas shortage along the East Coast, received $90 million in bitcoin ransom payments from 47 victims over the past nine months.
Vice News reports that Bitcoin and cryptocurrency users are extremely upset with Tesla CEO Elon Musk after it was announced that Tesla would no longer accept Bitcoin as payment citing environmental concerns.
Tesla and SpaceX CEO Elon Musk has called for a new carbon tax in a recent social media post, just days after announcing that Tesla would no longer be accepting Bitcoin as payment due to environmental concerns.
A recent report from Wired reveals that a week after a ransomware attack shut down Colonial Pipeline halting fuel distribution on the East Coast, the company paid a reported $5 million dollar ransom to regain control of their systems and resume operations. The payoff may lead to future ransomware attacks, as one expert notes: “Unfortunately, it’ll help keep United States critical infrastructure providers in the crosshairs. If a sector proves to be profitable, they’ll keep on hitting it.”
Elon Musk, the CEO of Tesla and a major proponent of cryptocurrency, has announced that the company will no longer accept Bitcoin as a form of payment for its cars citing Bitcoin mining’s “great cost to the environment.”
Morgan Wright, the Chief Security Advisor at SentinelOne and former Senior Advisor of the U.S. State Department and the Anti-Terrorism Assistance Program, appeared on SiriusXM’s Breitbart News Daily with host Alex Marlow on Wednesday to discuss the recent rise in ransomware attacks. According to Wright, “if you remove the ability to monetize this, these gangs are out of business because they’re only in it for one reason — to make money.”
April 26 (UPI) — If he earns a spot on the Kansas City Chiefs’ roster to start the 2021 season, tight end Sean Culkin will become the first NFL player to convert his entire salary to Bitcoin.
According to a recent report from Bloomberg, the market price of non-fungible tokens (NFTs), which rose to popularity in recent months, is now crashing. The market for NFTs is reportedly down almost 70 percent from its February peak.
A 33-year-old man was convicted of attempted extortion for threatening to blow up a hospital unless he was paid off with crypto currency.
According to analysts, Elon Musk’s electric car company Tesla has directly tied its share price to the value of Bitcoin following the company’s major investment in the cryptocurrency. One analyst told CNBC: “Musk runs the risk that this side show can overshadow the fundamental EV (electric vehicle) vision in the near term for investors.”
In an SEC filing on Monday, Elon Musk’s Tesla revealed that it has bought $1.5 billion worth of Bitcoin and will soon accept Bitcoin as a payment method for products in the future.
Sen. Cynthia Lummis (R-WY) said the Senate is forming a financial innovations caucus aimed at educating senators and staff members about Bitcoin and other cryptocurrencies.
A British IT worker named James Howells is reportedly offering a 25 percent cut of his lost 7,500 Bitcoin fortune to the Welsh city of Newport if it allows him to excavate a landfill where he dumped the hard drive containing the Bitcoin treasure trove in 2013. The 7,500 Bitcoins are worth about $275 million at current prices, meaning the city stands to gain more than $70 million if the hard drive is found.
Twitter CEO Jack Dorsey recently laid out his opposition to proposed cryptocurrency regulation, stating that it would create “perverse incentives for cryptocurrency customers to avoid regulated entities for cryptocurrency transactions.”
