treasury
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New court documents shed light on what a 25-year-old DOGE employee named Marko Elez did inside Treasury Department payment systems. They also provide extensive new details about which systems Elez accessed, the security precautions Treasury IT staff took to limit his access and activity, and what changes he made to the systems. The documents indicate…
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A federal judge temporarily blocked Elon Musk’s DOGE from accessing Treasury Department records containing personal information like Social Security numbers early this morning, reports Inner City Press. The order is in response to a lawsuit filed yesterday in New York’s Southern District Court. The suit alleges that the administration exceeded its authority, broke the US…
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An internal email reviewed by WIRED calls DOGE staff’s access to federal payments systems “the single biggest insider threat risk the Bureau of the Fiscal Service has ever faced.”
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Department of Justice lawyers proposed on Wednesday night temporarily restricting the Elon Musk-headed Department of Government Efficiency’s access to sensitive Treasury payment system information.Why it matters: The proposed order that would limit to two Treasury Department employees affiliated with DOGE “read only” access to the data comes in response to a lawsuit that seeks to…
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US Sen. Ron Wyden warns of national security risks after Elon Musk ’s DOGE was given full access to sensitive Treasury systems. Sen. Ron Wyden warned of national security risks after Elon Musk ’s team, Department of Government Efficiency (DOGE), was granted full access to a sensitive U.S. Treasury payments system. Sen. Ron Wyden stated…
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There’s a dark joke in cybersecurity: each year ends with an unwelcome holiday surprise—a major security incident. This timing isn’t random. Threat actors target this timing, knowing security teams operate with skeleton crews that impact detection, investigation and response times. It’s a calculated strategy that works reliably, year after year. And now there’s another holiday…
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The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions against a Chinese cybersecurity company and a Shanghai-based cyber actor for their alleged links to the Salt Typhoon group and the recent compromise of the federal agency. “People’s Republic of China-linked (PRC) malicious cyber actors continue to target U.S. government systems, including…
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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the leader of the Sudanese Armed Forces (SAF) on Thursday, emphasizing its commitment to end the current military conflict in Sudan. OFAC sanctioned SAF Commander Abdel Fattah Al-Burhan, stating that the leader is “choosing war over good-faith negotiation and de-escalation.” OFAC also…
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Scott Bessent, President-elect Trump’s pick for Treasury, will tell the Senate Finance Committee at his confirmation hearing Thursday that he sees “a generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all Americans.”Why it matters: The South Carolina billionaire is respected on Wall Street and has…
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In a virtual meeting with China’s Vice Premier He Lifeng, U.S. Treasury Secretary Janet Yellen expressed serious concern regarding alleged malicious cyber activities perpetrated by actors sponsored by the People’s Republic of China.
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Treasury sanctions Chinese cyber company, employee for 2020 global firewall attack | CyberScoop Skip to main content
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A group of Amazon shareholders has urged the company to diversify its treasury holdings by allocating at least 5% of its assets to Bitcoin.
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The price of Tornado Cash’s TORN token skyrocketed to a two-year high after a US federal appeals court ruled that the US Treasury Department’s sanctions on the platform were unlawful.
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The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for the first 100 days of Trump’s administration.
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Experts describe Scott Bessent as a credible, safe pick for US Treasury secretary – Copyright AFP Holmes CHAN
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Episode 136 of the Public Key podcast is here! How can crypto accounting firms do back office operations if they don’t have a 100% view coverage for all your assets. The short answer is they can’t. Well this week’s guest, Tal Zackon, CEO & Co-founder of TRES Finance may have solved this problem, by revolutionizing…
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An anonymous reader quotes a report from The Guardian: The cost of cleaning up Sellafield is expected to spiral to 136 billion pounds ($175 billion USD) and Europe’s biggest nuclear waste dump cannot show how it offers taxpayers value for money, the public spending watchdog has said. Projects to fix buildings containing hazardous and radioactive…
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The US Treasury Department said tokenization and stablecoins are emerging forces that could transform the Treasury market, emphasizing both the benefits of these innovations and the risks they carry, according to a recent report.
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MicroStrategy executive chairman Michael Saylor believes major corporations should consider adopting Bitcoin (BTC) as a key component of their treasury management strategy.