Bitcoin dips after US officials seize $3.6 billion of stolen cryptocurrency
09 February 2022 | 10:47 am
The price of Bitcoin dipped in early trading on Wednesday, after the US Justice Department announced it had arrested two people and seized Bitcoin worth $3.6 billion that was stolen from the exchange Bitfinex in 2016. The investigation is being closely watched by players in the cryptocurrency sector as to how investigators are tracking criminal activity involving the tokens. Also today, we report on protests in Argentina against the latest agreement with the International Monetary Fund.
Airlines are concerned that the technology, which is planned to be rolled out as early as Wednesday, could have serious consequences. They warn if implemented near airports, 5G could interfere with gauging altitude.
From winning a record number of votes to an unpopular presidency struggling to pass key legislation, how did it go so wrong? With elections around the corner, Biden has little time to turn things around.
The rollout of 5G service may seem like a great thing to device lovers, but for some international airlines it's a major worry. This week, American phone carriers AT&T and Verizon agreed to a partial delay in activating their 5G networks in the US over safety concerns. For more, we speak to technology policy expert Roslyn Layton.
During a press conference to mark his first year in office, US President Joe Biden cited high prices as one of the biggest problems facing the United States. Inflation hit a 40-year high of 7 percent in December. Our correspondents report from Washington on how a higher cost of living is driving many workers to change jobs for higher pay, and FRANCE 24's Business Editor Stephen Carroll looks at how the French government is tackling this issue.
Western nations are rushing to revive the 2015 Iran nuclear deal amid reports that Tehran is boosting its uranium enrichment.
The telecoms and aviation industries went head to head in the United States this week over 5G, a technology that's constantly finding itself the subject of controversy. Just as AT&T and Verizon began switching on their 5G masts, major US airlines warned of a "catastrophe" should the network interfere with planes' ability to land. FRANCE 24's Technology Editor Peter O'Brien explains the technical details, and casts an eye over the future of cellular communications worldwide.
The crowds expressed optimism that the conservative-majority Supreme Court might soon overturn the Roe vs. Wade ruling, which guarantees a constitutional right to abortion.
A Munich museum says 50 objects in its collection are of questionable provenance and may have been stolen by a German military commander during colonial times.
The US saw 7% year-over-year price increases in December, the largest hike in nearly four decades. This comes as omicron threatens to snarl supply chains once again.
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
The United States has warned that companies' stockpiles of semiconductor chips have shrunk dramatically due to the global supply shortage, putting production at risk from any disruption. A survey of 150 firms for the Commerce Department found the median stocks held by manufacturers had fallen from 40 days' worth in 2019 to just 5 days' worth in 2021. It comes as Democrats in the House of Representatives published a bill for investment worth $52 billion in the sector.
The US Supreme Court is expected to rule on Mississippi's 2018 abortion law. The decision could upend long-established abortion rights across the country. DW met a Kentucky activist who says she'll continue to fight for a woman's right to decide.
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