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Key Takeaways The US government is investigating Bitmain Technologies, a leading Chinese Bitcoin mining hardware maker, citing national security concerns. The investigation, called Operation Red Sunset, is focused on potential manipulation, espionage, or sabotage risks posed by Bitmain’s mining devices. Share this article The US is investigating Bitmain Technologies, a Chinese manufacturer that dominates global … Read more
Singer Karina Pasian responded after she ruffled some feathers with her outfit while performing the United States national anthem on the NFL’s inaugural trip to Spain. Pasian, 34, sang “The Star-Spangled Banner” before the game between the Miami Dolphins and Washington Commanders in Madrid on Sunday, November 16, while decked out in a sparkly black … Read more
NEWYou can now listen to Fox News articles! A Turkish national accused of violently resisting arrest and attempting to seize an officer’s taser in a confrontation in Western New York has been taken into custody, according to U.S. Immigration and Customs Enforcement (ICE). In a statement released Tuesday, ICE said the suspect, identified as Saim … Read more
As the United States’ gross national debt recently surged past the $38 trillion mark, commentators hastened to ring alarm bells. And surely the figure is eye-popping. But as someone who was elected to the U.S. Congress in 1984 on the very platform of fiscal responsibility—and who was the first practicing CPA ever elected to Congress—I … Read more
Czechia is finally dipping its toe in crypto! The Czech National Bank is actively purchasing Bitcoin and other digital assets for a pilot program. Governor of the Czech National Bank since 2022, Aleš Michl, weighed in. “As a central bank, we want to test this path,” he said. “It is realistic to expect that, in … Read more
While optimistic economists argue that America can grow its way out of a debt crisis, pessimists believe the real outcome will be somewhat less popular. Business leaders, policymakers, and investors are growing increasingly concerned by the United States’s borrowing burden, currently sitting at $38.15 trillion. The worry isn’t necessarily the size of this debt, but … Read more
The Czech National Bank (CNB) said on Thursday that it has bought $1M in cryptocurrencies for the first time. The move is a small test meant to see how a digital asset reserve might work and to give the bank hands-on experience with managing crypto. The pilot reserve will hold Bitcoin, a US dollar-linked stablecoin, … Read more
America’s $38 trillion national debt isn’t really because of bad math or budgeting, top economist Barry Eichengreen says. It isn’t because of interest rates, or an aging population, or even runaway spending, necessarily. The problem is us. Or more specifically, he told Fortune in an exclusive interview, it’s a polarized political system that reflects, then … Read more
Key Takeaways Kazakhstan plans to create a national crypto reserve fund valued between $500 million and $1 billion. The fund will invest in crypto ETFs and crypto-related companies for exposure to digital assets, such as Bitcoin. Share this article Kazakhstan plans to establish a national crypto reserve fund valued between $500 million and $1 billion, … Read more
NEWYou can now listen to Fox News articles! A federal judge on Friday ruled that the Trump administration’s attempt to deploy National Guard troops to Portland, Oregon, was unconstitutional. On Sunday, U.S. District Court Judge Karin Immergut, a Trump appointee, temporarily extended an order blocking the administration from deploying troops to The Rose City, saying … Read more
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