Mixers, privacy coins and the threat quantum computing could pose to Bitcoin were all points of speculation across the industry following the release of Trump’s Cyber Strategy. Crypto industry executives are combing through US President Donald Trump’s National Cyber Strategy after it was released on Friday, searching for hints about what it could signal for government support of the crypto industry. “Crypto and blockchain are explicitly named as technologies to be 'protected and secured.’ This is a first for any US cybersecurity strategy,” Galaxy Digital’s head of firmwide research Alex Thorn said in an X post on Friday. Crypto and blockchain were mentioned once in the six-page report: Read more
The US Federal Reserve has issued a limited-use master account to Kraken, marking a major pro-crypto shift in policy. Recent events at the US Federal Reserve signal acceptance of digital assets at the highest levels of the country’s monetary system. Kraken recently became the first crypto exchange to receive a master account at the Federal Reserve. The Fed could also see a new crypto-friendly chair. US President Donald Trump on Wednesday submitted a pro-Bitcoin candidate for the Senate’s consideration. Read more
Kristi Noem, who oversaw United States President Donald Trump’s aggressive immigration crackdown and faced bipartisan criticism in hearings this week, will leave her role as homeland security chief at the end of the month. Trump will tap Oklahoma Senator Markwayne Mullin to replace her, he said on his Truth Social platform, a move that would require US Senate confirmation. Noem, a former governor of South Dakota, became one of Trump’s most high-profile cabinet secretaries with social media posts that portrayed immigrants in harsh terms, highlighting cases of alleged criminal offenders and using vitriolic language. She faced criticism in January when she quickly labelled two US citizens fatally shot by federal immigration agents in Minneapolis as committing “domestic terrorism”. Videos that emerged after the deaths undercut the assertion by Noem and other Trump officials that the two deceased — Renee Good and Alex Pretti — were violent aggressors. The public backlash for deaths led the Trump administration to ...
The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.” Eric Trump, son of US President Donald Trump and one of the co-founders of the family-backed crypto business World Liberty Financial, has jumped on the anti-bank messaging that many in the industry are espousing amid disagreements over how to handle stablecoin rewards. In a Wednesday X post, Eric Trump echoed his father, claiming that banks were “desperately targeting” cryptocurrencies and stablecoins as discussions lag on the market structure bill in the US Senate. The post came hours after the president posted a similar message claiming that banks were holding the legislation “hostage.” The issue of stablecoin yield has been dividing many US lawmakers, banking industry representatives, and crypto companies, stymieing the market structure legislation. Eric Trump and many in the crypto industry oppose a ban on stablecoin yield, arguing it would “block any rewards or p...
Anthropic previously secured a $200 million Pentagon contract, and its AI has been used in classified operations, including support for US airstrikes on Iran, the Financial Times reports. Anthropic CEO Dario Amodei has reportedly reopened negotiations with the US Department of Defense in a last-minute effort to secure continued access to Pentagon contracts as the company faces the possibility of being labeled a supply chain risk by the Trump administration. Amodei has been holding discussions with Emil Michael, the US undersecretary of defense for research and engineering, to finalize terms governing the military’s use of Anthropic’s artificial intelligence models, the Financial Times reported, citing people familiar with the matter. A new agreement would allow the Pentagon to keep using the company’s technology and could prevent a formal designation that would force contractors in the defense supply chain to cut ties with the AI developer, according to the report. Read more