Foreign-Owned Crypto mining Sites in US Pose Threats: Warren

High crypto critic Democrat Senator Elizabeth Warren has called for strong anti-money laundering protections from foreign-owned U.S.-based crypto mining establishments. Speaking at a Senate Committee on Banking, Housing, and Urban Affairs hearing on July 25, she sheds light on the threats posed by such foreign crypto mining operations. She mainly highlighted the environmental and national...

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HTX Ex-Employees Sentenced to 3 Years for Stealing 27,000 Mnemonics and 10,000 User Private Keys

In a recent revelation, Chinese police disclosed that four former employees of HTX (formerly Huobi) were involved in implanting Trojans in cryptocurrency wallets, resulting in the theft of over 40,000 user mnemonics and private keys. The individuals responsible have been sentenced to three years in prison, although the specific amount of stolen cryptocurrencies remains undisclosed....

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Bitcoin Price Prediction: Billionaire Michael Saylor Forecasts $13 Million BTC by 2045

Bitcoin (BTC), the world’s leading cryptocurrency, has maintained its bullish momentum, trading around the $68,469 level. Despite experiencing a dip to an intraday low of $63,600 yesterday, BTC quickly regained strength and surged past the $68,000 mark. This upward trend is fueled by several factors, including Michael Saylor’s optimistic prediction that Bitcoin could reach $13...

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India Trims Fiscal Deficit Target, Rupee Hits Record Low On Capital Gains Tax Hike

Sticking to the commitment of fiscal consolidation, India\'s Finance Minister Nirmala Sitharaman unveiled a budget that aims to provide impetus to job creation, start-ups and small enterprises, while proposals for raising the tax rates on capital gains damped market sentiment and send the rupee to a record low. The government lowered the fiscal deficit target...

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