Business

Bitcoin falls over 5% as volatility continues after Trump’s bitcoin reserve plan

Key Points BitcoinAfter signing an executive order by President Donald Trump to establish a strategic bitcoin reserve for the United States, the price of the largest cryptocurrency in the world continued on Monday, which led to the price to fall. At 9:42 am, Bitcoin was trading at $ 81,712, which was more than 5% of […]

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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack

His record-breaking $ 1.5 billion Crypto Heests worth at least $ 300 million (£ 232 million) has been successfully cashed by hackers employed by the North Korean government. Two weeks ago, criminals, known as the Lazarus Group, broke into a cryptocurrency exchange bibit and stole a large amount of digital tokens. Since then, it has

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A non-crypto person’s guide to the ‘bitcoin strategic reserve’

What is the Strategic Bitcoin Reserve? Under Trump’s government order, the US would basically consolidate all the bitcoin it has seized through crooks and civil forfeitures and maintain it as a reserve asset—just like the manner in which gold and petroleum are stockpiled.Proponents of the move say the reserve might act as a hedge towards

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Pakistan urges IMF to reduce tax rates for key sectors

Authorities unsure if tax cuts will apply this fiscal year or be incorporated into 2025-26 budget ISLAMABAD: Facing a downward revision in its annual tax collection target, the Federal Board of Revenue (FBR) has proposed to the International Monetary Fund (IMF) a reduction in tax costs for the tobacco, actual property, construction, and beverage sectors

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US charges Chinese hackers who targeted dissidents

US prosecutors have accused 12 Chinese citizens of being part of an alleged hacking scheme, selling data of US-based dissidents to the Chinese government.According to the Department of Justice (DOJ), the “state-proposed” operation also targeted government agencies, including Treasury.The statement said hackers allegedly targeted an American religious organization and a newspaper in Hong Kong.China has

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Europe’s Ariane 6 rocket all set for March 6 lift-off

Ariane 6 rocket was slated to lift off on Monday, but was postponed due to an “anomaly PARIS: With a valve fault halting Monday’s launch honestly half an hour earlier than takeoff, Arianespace has rescheduled Europe’s Ariane 6 rocket to blast off on Thursday from French Guiana, sporting the French military’s CSO-3 satellite TV for

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Trump enacts sweeping tariffs on Mexico and Canada, opening door to painful trade war

President Donald Trump’s blanket 25% tariffs on Mexico and Canada were effective on Tuesday. The purpose of an extraordinary action was to bring the top trading partners in the heel. But it threatens to weaken the North American economy, including the United States, at a time of significant stress. Trump doubled the tariff on all

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Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister

If Malaysian groups are found to be worried in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China, the USA said that it would take “important motion.” That comes after Singapore Law and Home Affairs Minister K Shanmugam reportedly stated on Monday that the servers within the fraud case

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Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more

Cryptocurrency on Sunday held a rally after President Donald Trump introduced the advent of a strategic crypto reserve for the USA as a way to encompass bitcoinAnd ether, Also XRPSolna of SolanaADA of Tokens and Cardano,He said, “An American Crypto Reserve Biden will raise this crucial industry after years of corrupt assaults by way of

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Trump’s record-breaking flurry of executive orders

No US president has signed so many executive actions so quickly since 1937 Since returning to the White House on 20 January, Donald Trump has signed 79 executive orders touching issues from foreign policy to transgender rights.With his Republican Party only conducting narrow prominences in Congress and trying to move forward quickly to remake the

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