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” DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss “ Defrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost V1 and Defrost V2 — are being investigated for a hack. The announcement came after investors reported losing their staked Defrost Finance (MELT) and…
Trump rails against Jan. 6 committee following final report release Former President Trump railed against the House select committee investigating the Jan. 6, 2021, insurrection on Friday following the release of the committee’s final report on the attack. Trump said in a video posted to Truth Social that the American people have been “deceived with…
Judge dismisses remainder of Kari Lake’s election lawsuit following two-day trial An Arizona judge on Saturday ruled against Kari Lake in her challenge of Gov.-elect Katie Hobbs’s (D) victory, dismissing the highest-profile case challenging the midterm election results. Maricopa County Superior Court Judge Peter Thompson following a two-day trial found that Lake had not proven…
With eyes on DOJ, a complex path for Trump Jan. 6 prosecution The criminal referrals and report released by the Jan. 6 committee may not provide a clear-cut path to charges for Donald Trump. But they lay a road map for an investigative agency with the tools to compel cooperation and gather more evidence from…
” Economic frailty could soon give Bitcoin a new role in global trade “ The chaos we’ve experienced in global markets this year — global geopolitical upheaval magnified by the confluence of broken supply chains, inflation and heavy national debt loads — seems to signal the beginning of a new era. All of this is…
These 9 House Republicans broke from the party to vote for the $1.7T funding package Nine House Republicans broke from the GOP to support a $1.7 trillion omnibus spending bill on Friday, ignoring leadership’s recommendation to vote against the measure. The legislation passed in a 225-201-1 vote and now heads to President Biden’s desk for…
Five highlights from the $1.7 trillion omnibus spending bill Congress just passed Congress this week unveiled and swiftly passed a sprawling $1.7 trillion omnibus package to fund the government through September 2023. The Senate passed the measure on Thursday in a 68-29 vote and the House on Friday passed it 225-201-1. It now heads to…
McConnell calls Trump ‘diminished,’ vows to find ‘quality’ Senate candidates in 2024 Senate Minority Leader Mitch McConnell (R-Ky.) said former President Trump’s political power is “diminished” following his endorsed candidates’ lackluster performance in the midterm elections and vowed to find “quality” candidates for Senate races in 2024. “Here’s what I think has changed: I think…
The Hill’s Morning Report — Senate pushes through massive funding bill; Jan. 6 panel releases report Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest…
Christmas shoppers putting fewer gifts under the tree as recession looms If the Christmas tree looks larger this year, the reason may be the smaller pile of gifts beneath it. Retail analysts expect Americans to spend roughly the same amount on holiday gifts this year as last. Yet, because of inflation, the money will buy…