Tag Archives: Crypto

Mediaite: Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal

Posted on by
Reply

President Donald Trump was confronted aboard Air Force One by New York Times White House reporter Jonathan Swan over a $2 billion foreign deal that’s being paid for with Trump crypto.

Trump is currently on a four-day swing through the Persian Gulf region with stops in Saudi Arabia, Qatar, and the United Arab Emirates, which has been dogged by the controversy over his eager acceptance of a $400 million “flying palace” from Qatar to serve as Air Force One.

The trip has also drawn attention to Trump’s family businesses, including the cryptocurrency firm World Liberty Financial.

That company’s USD1 currency was selected by state-owned UAE firm MGX to pay for a $2 billion investment in Binance earlier this month. The deal was announced by WLF co-founder Zach Witkoff, son of Trump Middle East Envoy Steve Witkoff.

Trump plays dumb:

JONATHAN SWAN: An Emirati government-backed firm did a $2 billion deal using the Trump digital coins. How did that deal come about?

PRESIDENT DONALD TRUMP: I don’t know anything about it. I really don’t know anything about it. But I’m a big crypto fan, I will tell you. I’ve been that from the beginning, right from the campaign. I’m a believer in crypto.

Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal
Trump was confronted aboard Air Force One by New York Times reporter Jonathan Swan over a $2 billion foreign deal that’s being paid for with Trump crypto.
Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal

The Register: DOGE worker’s old creds found exposed in infostealer malware dumps

Posted on by
Reply

Developer and journalist Micah Lee reported last Thursday that he found a whopping 51 data breach records and four infostealer log dumps associated with DOGE employee Kyle Schutt on data breach tracking service Have I Been Pwned (HIBP) – which is unnerving as Schutt has access to sensitive government data at the Federal Emergency Management Agency.

As Lee pointed out, 51 breach records on HIBP is a lot, but excusable because while Schutt’s info was found in records associated with a 2013 Adobe breach, the 2016 LinkedIn breach, and Gravatar’s 2020 breach, none of those incidents involved Schutt’s personal machines.

What is attributable to a lapse of security hygiene, however, are the four infostealer logs that link to Schutt. Such logs contain usernames and passwords stolen by infostealer malware, suggesting one or more of Schutt’s computers were compromised at some point.

DOGE worker’s old creds found in malware data dumps
Infosec in brief: PLUS: Celsius scammer sent to slammer; Death-by-hacking victim warns you’re never safe; and more

https://www.theregister.com/2025/05/12/doge_cyber_experts_creds_found

Manila Times: Trump family Gulf empire grows

Posted on by
Reply

Ahead of US President Donald Trump’s Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while Don Jr. prepared to talk about “Monetizing MAGA” in Doha.

Last month, the Trump Organization struck its first luxury real estate deal in Qatar and released details of a billion-dollar skyscraper in Dubai whose apartments can be bought in cryptocurrency.

In a monarchical region awash with petrodollars, the list of Trump-related ventures is long and growing. However, the pres-idential entourage is not the only party cashing in, analysts say.

“Gulf governments likely see the presence of the Trump brand in their countries as a way to generate goodwill with the new administration,” said Robert Mogielnicki of the Arab Gulf States Institute in Washington.

If the president chose, he could hopscotch the region from one Trump venture to another when he visits Saudi Arabia, Qa-tar and the United Arab Emirates next week on the first foreign tour of his second term.

Asked whether Trump would make visits or meetings linked to his own business interests or that of his family, White House Press Secretary Karoline Leavitt said it was “ridiculous” to “even suggest that President Trump is doing anything for his own benefit” and that he had “lost money for being president.”

LOL! The only person in Washington, D.C., who tells more lies than King Donald is Bimbo #1 Karoline Leavitt.

https://www.manilatimes.net/2025/05/12/business/foreign-business/trump-family-gulf-empire-grows/2110755

CNBC: 58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows

Posted on by
Reply
  • 58 wallets have made over $10 million each from President Donald Trump’s meme coin, totaling $1.1 billion in profits, blockchain analytics firm Chainalysis said.
  • 764,000 wallets of mostly small holders have lost money on $TRUMP, according to the firm.
  • The $TRUMP event, set for May 22 at Trump National Golf Club, Washington, D.C., includes a reception for the 25 wallets with the largest balance, along with a White House tour.

About 764,000 wallets that purchased President Donald Trump‘s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.

Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. …

Chainalysis said that while around 2 million wallets have bought into the token, 58 wallets made more than $10 million apiece, totaling roughly $1.1 billion in gains.

58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows
Interest in the $TRUMP meme coin spiked more than 50% after the project’s website promised the top 220 holders a seat at a dinner with the president.

https://www.cnbc.com/2025/05/06/trump-meme-coin-crypto.html