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It all happened overnight and in a matter of minutes. Ben Zhou, CEO of the cryptocurrency exchange Bybit, made a series of routine transfers from his home computer. A short while later, his company called to inform him that his reserves of Ethereum, the second most-used cryptocurrency after Bitcoin, worth $1.5 billion, had vanished. By then, the ethers had already been transferred to thousands of other people’s digital wallets. Bybit had just suffered the largest theft in history. Five days later, the FBI confirmed what some analysts suspected from the outset: the attack was the work of Lazarus, a hacking...

[Caption] The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025. Wall Street’s top regulator said on Thursday it had voted to cease legal efforts to defend regulations that require companies to disclose climate-related emissions, risks and spending, and had been hotly contested by industrial lobby groups. The decision by the Republican-dominated U.S. Securities and Exchange Commission had been widely expected following public remarks last month by its acting chairman, Mark Uyeda. Since taking office, President Donald Trump has acted to roll back virtually all of the prior administration’s efforts to address climate change....

A tense exchange unfolded on CNN on Wednesday as Secretary of Veterans Affairs Doug Collins challenged host Kaitlan Collins on the network’s recent settlement of a $5 million defamation case involving a Navy veteran. The unexpected shift occurred after repeated questioning regarding leaked national security discussions within the Trump administration, leading the secretary to turn the tables on the interviewer. Initially, Kaitlan Collins pressed Secretary Collins for his perspective on the recent controversy surrounding leaked group chat messages discussing sensitive war plans. The secretary repeatedly deflected, emphasizing his commitment solely to veterans’ welfare.

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred the crypto to an unidentified address. The company sought to reassure customers that their cryptocurrency holdings with the exchange were safe. The company added that news of the hack had led to a surge in withdrawal requests and there could be delays in...

Sen. Elizabeth Warren (D-MA) stuck her foot in her mouth while trying to attack defense secretary nominee Pete Hegseth during his Senate confirmation hearing Tuesday. Hegseth has criticized military generals for entering the lucrative defense industry to make money from their military service. Warren tried to make Hegseth look hypocritical by saying he has not pledged to not enter the defense industry. She said, “You are quite sure every General who serves should not go directly into the defense industry for 10 years but you’re not willing to make that same pledge?” Hegseth retorted, “I’m not a General, Senator.”

JUST IN: President Trump is set to travel to NYC to ring the opening bell at the New York Stock Exchange tomorrow morning

Rep. Derrick Van Orden (R-Wis.) appeared to call Rep. Matt Gaetz (R-Fla.) a “little b‑‑‑‑” after an awkward exchange with former Rep. Kevin McCarthy (R-Calif.) at the Republican National Convention. Gaetz taunted McCarthy on the floor of the convention on Tuesday night, telling the former speaker that he would “get booed off the stage” if he were to speak at the event. Van Orden reacted to a clip of the exchange on social media platform X, where he pushed back on a description of the incident that said Gaetz needed to be “physically held back” by security. “I just saw...

A 77 percent majority of Americans say politicians use transgenderism to distract voters from important political fights. The poll did not say if Americans put more blame on Republican or Democratic politicians for the transgender distraction. But the poll included a second question about politicians’ greater focus on transgender claims: “Do you think this is a good thing for society, a bad thing for society, or neither a good nor bad thing for society?”

Ultimately, they want to take down red America – duh. This thread from Nate Hochman is very long, very disturbing, and a total must-read. Yeah, we know, the words ‘MUST-READ-thread’ can sound sorta clickbaity but this time around, it’s just us being honest. It’s easy to take a red state for granted because in a red state you can typically make some general assumptions, especially a red state like South Dakota. Except folks, that’s not always the case. Grab a snack, get comfy, and take a gander at this: A powerful, well-funded coalition is working to bring the transgender movement...

The prisoner/hostage exchange between Israel and Hamas has inadvertently highlighted a harsh reality in the overall conflict between Israel and the Palestinians. It’s an issue that is one of the biggest obstacles to achieving a peaceful solution between the two parties.After some of the Palestinian prisoners were released by Israel, footage and images circulated on social media showing these individuals immediately celebrating Hamas, waving the terrorist group’s flags and even wearing its insignia.The arrangement resulted in Israel releasing 150 convicted terrorists, while Hamas released 50 hostages. The scenes broadcast on social media, which include images of women and minor children,...

The founder of FTX used executives as cut-outs for donations, prosecutors allege... That Sam Bankman-Fried, the founder and former chief executive of the cryptocurrency exchange FTX that recently filed for bankruptcy, was aggressively using campaign donations as part of a campaign to woo Washington toward his vision of cryptocurrency regulation was no secret — nor was it a secret that other FTX executives quickly became some of the country’s biggest political donors to both Republicans and Democrats, especially those who work on financial regulation. But a new federal criminal indictment alleges that things may have been even simpler than they...

Republican presidential candidate Chris Christie ripped President Biden on his prisoner exchange deal with Iran, arguing “you cannot give $6 billion to a terrorist state.” “I wouldn’t have made this deal,” Christie said Monday in an interview on CNN’s “The Source” with Kaitlan Collins. “As much as I would’ve liked those Americans to be home, you cannot give $6 billion to a terrorist state. In exchange for the release of five wrongfully detained American prisoners, the White House’s agreement granted clemency to five Iranians and issued a blanket waiver for international banks to allow the transfer of $6 billion of...

The Chicago Mercantile Exchange (CME) has been operating in the Loop since 1898, just 27 years after the Great Chicago Fire. The exchange was part of the city’s rebirth and helped establish Chicago as a financial hub. Now, we see the opposite of rebirth with Chicago’s population shrinking. And the $66 billion CME may not be around to help with future renewal: The company has rewritten the terms of its lease so it can leave the city if politicians pursue “ill-conceived” public policy. “We’re in a very strong position,” CME CEO Terry Duffy said in a recent interview. “If we...

The “crypto winter” that hit earlier this year walloped digital asset prices and served as a healthy reminder that cryptocurrencies are highly risky, volatile investments. But now, in the wake of crypto exchange FTX’s implosion, crypto investors were reminded of another risk they face: Crypto accounts lack guaranteed protections when the exchange or platform provider goes belly up. Traditional savings and investment accounts can never be 100% safe in the event an institution becomes insolvent, either. But most banks and brokerages, as well as 401(k) plans, do provide federally guaranteed protections and other insurance. Crypto custodial accounts, however, do not...

On Saturday, Venezuela freed seven imprisoned Americans in exchange for the release of two nephews of President Nicholas Maduro’s wife. The two Venezuelans were jailed in the U.S on drug smuggling charges. Franqui Flores and Efrain Campo, nephews of Cilia Flores, were granted clemency by Joe Biden to facilitate the exchange.

Tomorrow Sunday August 15, 1971 is the 50th anniversary of Richard Nixon closing the Gold Exchange Window that allowed foreign holders of US Dollars to exchange their US Dollars for gold priced at $35/ounce......an agreement that had been in place since the end of WW II.... When this decision was announced it's hard to imagine the impact after 50 years...think of Bill Clinton getting NAFTA passed, repealing the Glass/Stegall Act, think of GWB invading Iraq and Afghanistan, etc....actions by President's have monumental impact over time, when at the time it seemed to be insignificant... Not advocating one position over the...

President Vladimir Putin said Russia would be ready to hand over cyber criminals to the United States if Washington did the same for Moscow, Reuters reported. Putin made the comments in an interview ahead of a June 16 summit with U.S. President Joe Biden in Geneva. Ties between the powers are badly strained over an array of issues. The Russian leader said he expected the Geneva meeting to help establish bilateral dialogue and revive personal contacts, adding that important issues for the two men included strategic stability, Libya and Syria, and the environment. Putin also praised Biden for having shown...

The White House is closely tracking an emergency patch Microsoft Corp has released, U.S. national security adviser Jake Sullivan said on Thursday, after an unknown hacking group recently broke into organizations using a flaw in the company’s mail server software.

DALLAS – Officials from Nasdaq and other major stock exchanges will meet with Gov. Greg Abbott on Nov. 20 in Austin to discuss a possible move from New Jersey to Texas, nbcdfw.com and the Dallas Morning News reported. The meeting comes on the heels of the exchanges threatening to move their trading platforms out of New Jersey, the report said. Abbott and other Texas officials plan to boast the state’s business-friendly environment during the meeting. “Texas continues to be the premier economic destination in the country, attracting more leading businesses than any other state,” spokeswoman Renae Eze said in a...

 MEMORANDUM FOR THE SECRETARY OF THE TREASURYSUBJECT:       Delegation of Functions Under 31 U.S.C. 5302By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, it is hereby ordered as follows:Section 1.  Delegation of Authority over the Exchange Stabilization Fund.  (a)  I hereby delegate the functions and authorities conferred upon the President by section 5302 of title 31, United States Code, to the Secretary of the Treasury for use of the Exchange Stabilization Fund in an aggregate amount of up to $50 billion.(b)...