cryptocurrency

Bitcoin sinks after Treasury Secretary Bessent says US government can’t tell banks to bail out crypto

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Bitcoin sinks after Treasury Secretary Bessent says US government can’t tell banks to bail out crypto

Bitcoin (BTC-USD) fell 2% on Wednesday to around $73,000 per token after Treasury Secretary Scott Bessent suggested that the US government will not bail out the cryptocurrency. In a heated back-and-forth hearing during a House Financial Services Committee hearing, Bessent was asked if the US Treasury had the authority to buy bitcoin or other cryptos. … Read more

San Francisco thief poses as delivery driver steals $11M in cryptocurrency

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San Francisco thief poses as delivery driver steals M in cryptocurrency

A thief posing as a delivery person in San Francisco made off with the victim’s cellphone, laptop and $11 million in cryptocurrency, according to a report. The robbery happened around 6:45 a.m. Saturday at a home in the Mission Dolores neighborhood, according to a police report obtained by the San Francisco Chronicle. The Police said … Read more