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Digital Currency

Fri, Jul 17, 2026 04:05 AM All times are UTC

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Crypto industry says broad scope of tax-reporting plan to penalize wrong parties

Aug 03, 2021 22:30 pm UTC| Digital Currency Law

The cryptocurrency industry complained about the broadness of the proposed reporting required in the bipartisan infrastructure bill that it could penalize participants for failing to provide the information they dont...

Video of Malaysian police destroying 1,069 bitcoin mining rigs with a steamroller goes viral

Jul 20, 2021 05:19 am UTC| Economy Digital Currency

A video of Malaysian authorities crushing 1,069 bitcoin mining rigs worth $1.26 million using a steamroller in a parking lot at the police headquarters had gone viral. The video was posted last week by local Sarawak...

China's bitcoin mining slumped even before crackdown: research

Jul 16, 2021 23:33 pm UTC| Economy Digital Currency

Chinas share of global bitcoin production has dropped sharply even before its authorities cryptocurrency mining crackdown in late May, a University of Cambridge research revealed. With cryptocurrency mining being an...

S. Korea's cryptocurrencies investor sentiment show growing fear

Jul 15, 2021 14:53 pm UTC| Economy Digital Currency

South Koreas cryptocurrency investor sentiment based on Dunamus Digital Asset Fear and Greed Index was recorded at 29.76, hinting at fear amid toughened stance by financial watchdog regulators globally. An index figure...

Overseas cryptocurrency exchanges using Korean currency required to register with anti-money laundering body

Jul 14, 2021 00:42 am UTC| Economy Digital Currency

Overseas-based cryptocurrency exchanges, such as Binance, must register with South Koreas anti-money laundering body when using the won currency in serving local customers. The revised law mandating the registration...

Bitcoin sinks below $34,000 as other cryptos lose steam due to clampdown

Jul 12, 2021 23:45 pm UTC| Economy Digital Currency

Bitcoin dropped 0.4 percent to $33,708 after rising 2.7 percent to $34,340 due to reports that former bitcoin and ethereum miners in China have been dumping graphics processing units, which digitally renders cryptos in...

S. Korea's blockchain companies urged to develop attractive services to lure customers

Jul 08, 2021 23:49 pm UTC| Economy Digital Currency Business

Blockchain companies were urged by a Busan bank official to develop attractive services to lure South Korean customers who are so used to using credit cards that they tend to ignore blockchain-based services. The urging...

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Economy

Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears

Oil prices edged higher during Asian trading on Friday and remained on course for their strongest weekly gain in months as escalating military tensions between the United States and Iran continued to raise concerns over...

US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets

U.S. stock index futures declined on Thursday evening as weakness in technology and semiconductor stocks continued, while disappointing guidance from Netflix and ongoing geopolitical tensions kept investors cautious ahead...

Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs

Gold prices stabilized on Friday but remained on track for their steepest weekly decline since early June, as rising tensions between the United States and Iran fueled higher oil prices and strengthened expectations that...

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Politics

US Troop Pullback Raises NATO Security Concerns Amid Russia Tensions

The quiet withdrawal of hundreds of U.S. troops from Estonia has intensified concerns among NATO allies about Washingtons long-term military commitment to Europe as tensions with Russia remain high. Estonian Defence...

US-Iran Conflict Escalates as Hormuz Tensions Disrupt Global Oil Shipping

The United States and Iran intensified military attacks on Thursday, extending a week-long escalation that has largely undone last months truce and renewed concerns over regional stability, global energy supplies, and...

Russian and Ukrainian Strikes Kill at Least 13 as Attacks Intensify Across Frontline Regions

At least 13 people were killed on Thursday as Russian and Ukrainian attacks struck civilian areas on both sides of the border, underscoring the continued intensity of the more than four-year-old Russia-Ukraine war. In...

Hegseth Defends Blue Angels After Low Flyover Sparks Safety Review

U.S. Defense Secretary Pete Hegseth defended the Navys Blue Angels after one of the elite demonstration squadrons jets flew at a very low altitude over spectators during an airshow in Pensacola Beach, Florida, prompting a...

Xi Jinping Calls for People-Centered AI Development at WAIC, Expands Global Cooperation

Chinese President Xi Jinping called for a people-centered approach to artificial intelligence (AI) development during his keynote speech at the opening ceremony of the World Artificial Intelligence Conference (WAIC) in...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...

Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom

OpenAI CEO Sam Altman has publicly acknowledged that the company fell short of expectations over the past year, taking personal responsibility for its performance while outlining an ambitious vision for the future. In a...

Moonshot Launches Kimi K3, China's Largest Open-Source AI Model

Chinese artificial intelligence startup Moonshot has introduced Kimi K3, a new open-source AI model the company describes as the worlds largest of its kind, highlighting Chinas accelerating competition with leading U.S. AI...

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...