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YOU WONT BELIEVE: 2 | Mind Blowing Facts

US Treasury Says Was Targeted By China State-sponsored Cyberattack

The US Treasury Department said Monday that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations, according to a letter to Congress.

International Business Times

US sanctions China cyber firm for potentially deadly ransomware attack

Some firewalls targeted in the US were protecting critical infrastructure companies, the US Treasury Department says.

Al Jazeera

US sanctions RSF commander accused of rights abuses in Sudan’s Darfur

Abdel Rahman Juma Barkalla is accused of leading a campaign marred by sexual and ethnically motivated violence.

Al Jazeera

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US Sanctions Russian Cybercrime Network Ahead Of Biden-Zelenskyy Meeting

US government sanctions Russian cybercriminals and virtual currency exchanges linked to cybercrime activities in support of Ukraine, aiming to combat money...

Top News

US Treasury Flags NFTs For Vulnerability To Fraud, Scam

The U.S. Treasury has found that NFTs are rarely used in terror financing, but it reiterated that the tokens are vulnerable to fraud and various scams.

International Business Times

US, Allies Sanction LockBit Leader Over Ransomware Attacks

The United States, Britain and Australia unveiled sanctions Tuesday against the leader of the Russian ransomware outfit LockBit, which they accuse of extorting billions of dollars from thousands of victims.

International Business Times

US, China Agree To Hold Talks On 'Balanced Economic Growth'

The United States and China have agreed to hold "intensive exchanges on balanced growth", the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

International Business Times

US Sanctions Network Smuggling American Tech To Iran's Central Bank

The US Treasury Department unveiled sanctions against a network of companies and individuals Friday for facilitating illegal technology transfers from dozens of US firms to Iranian entities, including the country's central bank.

International Business Times

US Treasury Warns About Crypto Transaction Concealment Methods

The U.S. Treasury Department said in its 2024 National Money Laundering Risk Assessment report that cybercriminals are fast evolving their methods in laundering illicit funds, especially with the proliferation of "privacy coins" and "mixers."

International Business Times

Why the world is turning away from the US dollar

The invasion of Ukraine in February 2022 prompted the US Treasury Department to impose unprecedented sanctions on Russia, to hold it “accountable for its premeditated and unprovoked invasion”.

The Conversation

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International Business Times

Lazarus Hacking Group Moves Over $1M In BTC From Crypto Mixer Amid Spot Bitcoin ETF Buzz

The Lazarus Group was involved in a third of all crypto exploits and thefts, siphoning off around $600 million in funds in 2023 alone.

International Business Times

US Sanctions Belarus Red Cross Chief Over Ukraine Child Deportations

The U.S. unveiled sanctions Tuesday against the head of the Belarus Red Cross, accusing him of being complicit in the deportation of Ukrainian children to Russia.

The Independent UK

A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now

Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine

Zenger

U.S. Revamps EV Tax Credit System, Making Savings Immediate

Consumers can now enjoy immediate $7,500 savings on electric vehicles, boosting accessibility and promoting cleaner transportation

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Zenger

Bitcoin Miners Celebrate US Treasury’s New Tax Clarity

U.S. Treasury Department gave clarity to Bitcoin miners with a 300-page proposal under 2021 Infrastructure Investment and Jobs Act

The Independent UK

Yellen visits Vietnam to build US ties and push supply chain diversity to offset tensions with China

U.S. Treasury Secretary Janet Yellen has told top Vietnamese officials that Washington considers building strong economic and security ties with Vietnam a priority

Fortune

Regulatory headwinds force Sam Altman–backed stablecoin Reserve to halt key services in Venezuela and five other countries

The U.S. firm has been a bright spot for crypto adoption in inflation-ravaged Venezuela, although it is facing operating challenges.

Barchart

Markets Today: Stocks Slightly Higher on Strength in Tesla and Netflix

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.09%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.11%. U.S. stock index futures this morning are slightly higher. Tesla and Netflix are up more than +3% in pre-market trading to lift the overall market....

Dublin Live

Daniel Kinahan set for big money blow in US court case

Top lawyer Eric Montalvo is suing former boxing firm MTK Global and Kinahan on behalf of promoter Moses Heredia, who is seeking damages of up to $20 million for the alleged poaching of boxer JoJo Diaz

Irish Mirror

Daniel Kinahan set for big money blow as US court rules civil case against him can go ahead without a defence

Axios

The West's uphill battle to sanction Russian diamonds

Russia counts diamonds as one of its top 10 non-energy exports by value.

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