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A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin. He laundered the stolen cryptocurrency with […]
The United States’s blossoming emergence as a clean energy superpower could be stopped in its tracks by Donald Trump, further empowering Chinese leadership and forfeiting tens of billions of dollars of investment to other countries, according to a new report. Trump’s promise to repeal major climate policies passed during Joe Biden’s presidency threatens to push […]
WASHINGTON (AP) — The Biden administration said Wednesday that the U.S. will send Ukraine an undisclosed number of medium-range cluster bombs and an array of rockets, artillery and armored vehicles in a military aid package totaling about $375 million; a U.S. official also said billions more in assistance over the coming months would be announced […]
A handful of wealthy polluting countries led by the US are spending billions of dollars of public money on unproven climate solutions technologies that risk further delaying the transition away from fossil fuels, new analysis suggests. These governments have handed out almost $30bn in subsidies for carbon capture and fossil hydrogen over the past 40 […]
Poll workers. Pilgrims. Tourists on a hike. All have died in blistering heat in recent weeks around the world, a harrowing reminder of the global dangers of extreme weather as a severe heat wave bears down on more than 70 million Americans this week. Dozens of cities in Mexico broke heat records in May and […]
Periodical cicadas are unique insects that have a 13-year or a 17-year life cycle, most of which they spend underground. They come to the surface in groups that scientists call broods. Each brood with its descendants is named in a Roman number. This year, Brood XIX and Brood XIII are emerging together. The last time […]
Despite outcry over abuses in Gaza war, US president stresses that his commitment to Israel’s security is ‘ironclad’. Washington, DC – US President Joe Biden has signed into law a $94bn foreign funding bill that includes military aid to Israel, Ukraine and Taiwan, ending a months-long legislative impasse in Washington over the assistance. Biden hailed […]
Hundreds of billions of dollars’ worth of frozen Russian government assets are sitting in banks across the U.S. and Europe and on Saturday a vote is expected in the House of Representatives that would pave the way for President Joe Biden to confiscate billions of them and hand it over to Ukraine. “Somebody has to […]
The U.S. Army is ending its latest effort to build a new armed scout helicopter, known as the Future Attack Reconnaissance Aircraft, an abrupt change of direction that marks one of the department’s most significant program cancellations of the last decade. The service had already spent at least $2 billion on the program and had […]
The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Profits for the fourth quarter of 2023 reported on Friday by JPMorgan […]
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