X Money’s Crypto Ambitions Draw Fire From Senator Over Security Fears

X Money’s Crypto Ambitions Draw Fire From Senator Over Security Fears

A promise of 6% returns on deposits from a crypto-linked payments platform is raising red flags in Washington — and one senator wants answers. Warren Zeroes In On The Numbers The math doesn’t add up, according to Sen. Elizabeth Warren. With the federal funds rate sitting between 3.5% and 3.75%, X Money’s advertised 6% yield […]


Related News

Crypto Shockwave: Circle Sued As $280 Million Drift Hack Unravels

North Korean hackers likely pocketed hundreds of millions in stolen crypto — and now a US court is being asked to decide whether a stablecoin giant should have stopped them. Related Reading: X Money’s Crypto Ambitions Draw Fire From Senator Over Security Fears Circle’s Own Track Record Becomes A Key Weapon A class action lawsuit […]

Crypto Exec Joe McCann Draws Scrutiny After Fiancée’s Death In Zanzibar

Crypto founder Joe McCann’s passport is sitting with Zanzibar police. He isn’t going anywhere until they get answers. Related Reading: X Money’s Crypto Ambitions Draw Fire From Senator Over Security Fears Authorities Hold McCann Pending Autopsy Tanzanian police are questioning McCann, founder of the crypto hedge fund Asymmetric, after his fiancée, Ashly Robinson, 31, died […]

Fire Protocol to List FIRE on BitMax

PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Fire Tokens (FIRE) under the trading pair of FIRE/USDT on March 19th at 9:00 a.m. EDT. Fire Protocol is the first infrastructure project built based on the Huobi Eco Chain (HECO). Fire Protocol seeks to build more comprehensive functionality and use cases than other DeFi projects in the marketplace by combining various components on one platform. In the future, Fire Protocol will also be supporting Cross-chain functionalities to....

Here’s What Bitcoin And Joe Rogan Haven In Common

U.S. Senator Ted Cruz suggested that the narrative against bitcoin has a similar origin to the ongoing cancellation case of Joe Rogan, and the impositions against the Canadian truckers uprising. Moreover, the Senator fears that the Biden administration could destroy freedom of speech and technological innovation opportunities. Joe Rogen, Canadian Truckers, And Bitcoin In the […]

Crypto Giant Bitmain Faces Scrutiny As US Senator Flags Trump Family Ties

A federal investigation into Chinese hardware maker Bitmain sits unresolved, its outcome unknown to the public. That uncertainty is now drawing fire from Capitol Hill — and putting US President Donald Trump’s family in the middle of it. Related Reading: Bitcoin At Risk? Odds Tilt Toward Drop Below $66K This April Security Probe Stretches Back […]