Crypto-To-Politics Donation Pipeline Under Threat As UK Mulls Ban

Crypto-To-Politics Donation Pipeline Under Threat As UK Mulls Ban

Britain is weighing a ban on crypto political donations as lawmakers raise alarm over traceability and foreign influence. Related Reading: Crypto Investors Brace As Japan Proposes 20% Tax By 2027 Reports have disclosed that ministers are discussing a move to bar parties and candidates from accepting gifts in cryptocurrency as part of changes tied to […]


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Is Crypto Funding A Risk To UK Politics? Lawmaker Seeks Temporary Ban

A senior UK security official is pushing for a temporary freeze on cryptocurrency donations to political parties, warning that foreign governments could exploit the hard-to-trace nature of digital currencies to quietly shape British politics. Related Reading: Bitcoin Vs. Quantum: Saylor Says The Threat Is Over A Decade Off Matt Western, who chairs the Joint Committee […]

Questions Linger As FBI Recovers Colonial Pipeline Ransomware Crypto Funds

U.S agencies claim they have recovered most of the $4.4 million in crypto paid out to hackers of the Colonial Pipeline. But hazy details around the case leave more questions than answers. Crypto Funds Recovered By U.S Last month, news broke that hackers had exploited a pipeline that carries refined gasoline from Texas to New […]

Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers

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U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware

U.S. authorities have successfully recovered a ransom paid in Bitcoin by the company Colonial Pipeline, per a CNN report. In May, a cyberattack allegedly perpetrated by a Russia-backed hacker group called DarkSide halted the operations of this company. According to the report, Colonial Pipeline controls around 45% of the fuel for the U.S. East Coast. […]