White House

White House

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Biden Accuses Chinese State Actors of Ransomware, Cryptojacking Attacks

"Hackers with a history of working for the PRC Ministry of State Security (MSS) have engaged in ransomware attacks, cyber enabled extortion, crypto-jacking, and rank theft from victims around the world, all for financial gain," a White House press release said.

The U.S. government accused the Chinese Ministry of State Security of supporting hackers conducting ransomware and crypto-jacking attacks.

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Report: White House to Create Ransomware Task Force

The White House is creating a new task force to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday, but is it just a big PR stunt? "[The White House] is just diverting attention from the fact that they're trying to regain control of the money supply," host Naomi Brockwell said. "They can do it by smearing bitcoin, as they always have done, with the criminal brush."

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Markets

White House Plans Ransomware Task Force: Report

The task force that will examine ways of limiting cryptocurrency payments in ransomware attacks.

Deputy National Security Adviser Anne Neuberger reportedly announced a ransomware task force to a group of senators on Wednesday.

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House Financial Services Committee to Hold Hearing on Central Bank Digital Currency

Several crypto-related hearings are scheduled in the U.S. Congress this month. The first is being held Tuesday by the House of Financial Services Committee regarding central bank digital currencies (CBDCs). The White House is also reportedly unveiling a national strategy for countering domestic terrorism.

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Videos

Report: Top White House Tech Critic Tim Wu Owns Over $1M in Bitcoin

A Politico report revealed Tim Wu, Tech Advisor to the White House, is actually a secret crypto whale with over $1 million in bitcoin. “The Hash” panel reacts.

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Markets

Top White House Adviser Tim Wu Holds Millions in Bitcoin: Report

White House antitrust adviser Tim Wu holds bitcoin and filecoin, according to a recent financial disclosure.

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Policy

Biden's 2022 Budget Includes New Crypto Reporting Proposals

Proposed cryptocurrency regulations are in the first budget released by Joe Biden's White House.

U.S. President Joe Biden speaks at Sportrock Climbing Center during an event in Alexandria, Virginia, U.S., on Friday, May 28, 2021.

Policy

White House Cyber Adviser Highlights Potential for Misuse of Crypto

Carole House, the National Security Council’s director of cybersecurity, said crypto developers failed to hardcode necessary guardrails.

The White House cyber adviser C21

Policy

Pelosi Says It's Tuesday or Bust if White House Wants a Pre-Election Stimulus Package: Report

The House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3.

U.S. Speaker of the House Nancy Pelosi

Markets

Trump Task Force to Aid Crypto Crime Investigations

President Trump has signed an executive order establishing a new task force that targets consumer fraud, including those involving "digital currency."

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