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News & Articles By Sterling Ashworth
09/21/2026
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By Sterling Ashworth
Polymarket Faces Alleged $10M Stolen-Card Fraud; CFTC Said to Investigate
Polymarket US, the federally regulated prediction market operated by QCX LLC, became the target of a stolen debit-card scheme in February that involved at least $10 million in attempted illicit withdrawals and wagers, according to a Sept. 19 report by The Wall Street Journal. The $10 million figure refers to the attempted movement of funds […]
09/17/2026
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By Sterling Ashworth
Economists Warn AI Bubble Shows Late-Stage Signs
The Western world economy is mired in a “late-stage bubble” driven by a massive misallocation of capital into artificial intelligence, according to an analysis by London-based research firm Capital Economics published this week and reported by Fortune. James Reilly, senior markets economist at Capital Economics, surveyed eight types of market indicators and found the vast […]
09/11/2026
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By Sterling Ashworth
Treasury Secretary Bessent Urges Senate to Pass Clarity Act
U.S. Treasury Secretary Scott Bessent issued a public appeal on Wednesday, Sept. 9, urging the Senate to pass the Clarity Act – a stalled digital asset market structure bill – when lawmakers return from recess next week. In a post on the social media platform X, Bessent said the legislation would stop “bad actors” from exploiting […]
09/08/2026
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By Sterling Ashworth
Liquid Network Sidechain Targeted By Alleged White-Hat Hackers
The Liquid Network – a federated sidechain of Bitcoin founded by Blockstream – reported Sunday, Sept. 6 that purported white-hat hackers withdrew approximately 4,000 bitcoin from the federation wallet that backs its L-BTC token, according to reports. The stolen amount was worth about $320 million at the time of the transaction. The official Liquid Network […]
08/16/2026
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By Sterling Ashworth
White House Allows TikTok on Government Devices, Reversing 2022 Ban
Federal employees can once again use TikTok on their government-issued devices, according to a Department of Justice (DOJ) memorandum released July 17 [1]. On Aug. 10, the Office of Management and Budget (OMB) issued a memorandum to heads of executive departments and agencies stating that “TikTok may be used on government devices,” according to The […]
08/15/2026
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By Sterling Ashworth
Chinese AI Models Outperform Restricted U.S. Systems in Bitcoin Security Work, Developers Say
Bitcoin developers and company leaders say they are relying on Chinese open-source artificial intelligence (AI) models because OpenAI and Anthropic restrict legitimate defensive security work, according to statements cited by Bitcoin Magazine. Rob Hamilton, CEO of Bitcoin self-custody insurance company AnchorWatch, said he was blocked from further analysis after integrating OpenAI’s trusted cyber program. “It […]
07/10/2026
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By Sterling Ashworth
Businesses Report Blocked Payments From Saudi Arabia to UAE Amid Political Tensions
Saudi Arabia has reportedly delayed or blocked money transfers to accounts in the United Arab Emirates since mid-May, according to sources cited by the Financial Times (FT). The reports have raised concerns that a widening political rift between the two Gulf neighbors is now affecting commercial ties. One Western executive at a Dubai-based healthcare company told […]
06/19/2026
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By Sterling Ashworth
FBI Warns: Crypto Scammers Use Couriers to Collect Cash, Evade Bank Detection
The Federal Bureau of Investigation (FBI) issued a public service announcement on Monday, June 15, warning that scammers are deploying couriers to collect cash from victims in person, a tactic designed to circumvent bank detection systems that normally flag wire transfers. The fraudsters initially approach targets – frequently older adults – through social media, text messages or […]
05/25/2026
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By Sterling Ashworth
U.S. Lawmaker Introduces Bill to Codify Strategic Bitcoin Reserve
Rep. Nick Begich, Republican of Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, according to a press release from his office. The bill, titled the American Reserve Modernization Act of 2026 (ARMA), is designed to codify President Donald Trump’s March 2025 executive order and give the reserve a durable legal foundation […]
04/27/2026
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By Sterling Ashworth
U.S. Authorities Freeze $344M in Crypto Linked to Iran
U.S. Treasury Secretary Scott Bessent announced on Friday that the department’s Office of Foreign Assets Control (OFAC) has frozen $344 million in cryptocurrency linked to Iran. The move, announced via a post on X, is part of ongoing U.S. efforts to disrupt Tehran’s ability to generate, move, and repatriate funds, according to Bessent. “We will […]
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