Joe Biden

Biden hints at possible cybersecurity arrangement with Russia over ransomware attacks

United States President Joe Biden implied he made some progress in addressing ransomware attacks on critical infrastructure after speaking with Russian President Vladimir Putin. Following a Wednesday summit in Geneva, Biden said he had spoken with Putin on the issue of cybersecurity, the U.S. president making it clear his opinion was certain areas of critical …

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Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’

<div class=”featured_image_container”> </div> <strong>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 people are investing in bitcoin because they believe America is on the verge of an inflation crisis.</strong> Ted Cruz: ‘We’re Seeing Inflation …

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Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Transactions

<div class=”featured_image_container”> </div> <strong>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, such as bitcoin. “Combating ransomware is a priority for the administration,” said a spokesperson for the White House.</strong> US Government to Expand …

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Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus

<div class=”featured_image_container”> </div> <strong>Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are urging the President to act. Over 80 U.S. legislators have sent letters to President Joe Biden and Vice President Kamala Harris asking the administration to push forward direct economic …

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Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’

<div class=”featured_image_container”> </div> <b>The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said it was “good for bitcoin.”</b> Edward Snowden Jabs …

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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

<div class=”featured_image_container”> </div> <strong>On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry …

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Biden Administration Looking to Increase Cryptocurrency Oversight to Protect Investors, Prevent Illicit Transactions

<div class=”featured_image_container”> </div> <strong>The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers have had several meetings on </strong><strong>cryptocurrency regulation amid recent price swings of crypto assets.</strong> Biden Administration Discussing Crypto Regulation The Biden administration, …

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Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus

<div class=”featured_image_container”> </div> <strong>Recent headlines in numerous publications claim the U.S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged by bureaucratic mandates, and suggest a bleaker circumstance entirely.</strong> Biden Administration …

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Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks

<div class=”featured_image_container”> </div> <strong>While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen Democratic leaders wrote a letter to President Biden asking …

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OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

<div class=”featured_image_container”> </div> <strong>Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some are assuming the hearsay stems from the …

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