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Cryptocurrency falls as much as 6 percent as lack of plans for government purchases disappoints investors.United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement. Bitcoin fell as much as 6 percent following Trump’s order on Thursday, which did not include plans for the government to actively buy Bitcoin. After dropping as low as $84,900, the cryptocurrency was trading at about $87,700 as of 05:00 GMT. In a statement announcing the order, Trump’s crypto tsar David Sacks…
LAHORE: New Zealand captain Mitchell Santner (C) and team-mates walk off after winning the semi-final against South Africa at the Gaddafi Stadium in Lahore on March 5.—AFP DUBAI: New Zealand skipper Mitchell Santner on Thursday said a slower pitch in familiar territory for India in Dubai will make for a tight contest in the ICC Champions Trophy final. The two teams clash on Sunday to decide the winners of the eight-nation tournament held in Pakistan and the United Arab Emirates. Rohit Sharma’s India are playing all their games at the Dubai International Stadium after they refused to tour hosts Pakistan…
LAHORE: New Zealand captain Mitchell Santner (C) and team-mates walk off after winning the semi-final against South Africa at the Gaddafi Stadium.—AFP DUBAI: New Zealand skipper Mitchell Santner on Thursday said a slower pitch in familiar territory for India in Dubai will make for a tight contest in the ICC Champions Trophy final. The two teams clash on Sunday to decide the winners of the eight-nation tournament held in Pakistan and the United Arab Emirates. Rohit Sharma’s India are playing all their games at the Dubai International Stadium after they refused to tour hosts Pakistan because of political tensions. They…
LAHORE: South Africa were beaten in the semi-finals of the Champions Trophy by New Zealand in Lahore on Wednesday. They have now lost five Champions Trophy semi-finals — 2000, 2002, 2006, 2013 and 2025. The Proteas also lost in the semi-finals of the 2023 ODI World Cup and in the final at last year’s Twenty20 World Cup. They also lost the World Cup 1999 semi-final. Chasing 214 to beat Australia at Edgbaston, South Africa sensed win with Lance Klusener in the mood. The swashbuckling left-hander took his team to within one run of victory with four deliveries and one wicket…
PARIS: Football’s governing body FIFA will review a proposal to expand the 2030 World Cup to 64 teams to mark the centenary of the sport’s marquee event, it said on Thursday. The 2030 World Cup will be held in Morocco, Spain and Portugal, with Argentina, Paraguay and Uruguay, where the inaugural edition was staged, set to host three games. The World Cup has already been expanded from 32 to 48 teams for next year’s edition in the US, Mexico and Canada. “A proposal to analyse a 64-team FIFA World Cup to celebrate the centenary of the FIFA World Cup in…
United States President Donald Trump has signalled he intends to move forward with plans to dismantle the Department of Education, despite mixed signals from his administration. “Well, I want to just do it. I mean, we’re starting the process,” Trump said at a signing ceremony in the Oval Office on Thursday. A directive to wind down the Department of Education was expected to be among the orders Trump signed on Thursday. But in the hours leading up to the Trump’s public appearance in the Oval Office, White House Press Secretary Karoline Leavitt denounced reports of an announcement as “more fake…
California cyber exposure management firm Armis on Thursday announced the acquisition of Otorio, a deal that adds technology for operational technology (OT) and cyber-physical systems (CPS) security to its product lines. The transaction, valued in the range of $120 million, gives Armis a path to market an on-prem CPS solution for organizations or segments of an organization that operate in air-gapped or sequestered environments. “We are seeing unprecedented demand across all industries but for some specific verticals, customers require a hybrid environment for complete protection. Through this acquisition, Armis can now offer an on-premises solution for customers that require a…
DENVER (AP) — A federal judge is set to hear arguments Friday over whether he should block immigration agents from conducting arrests at schools under a Trump administration policy that has yet to be acted upon. Denver Public Schools is asking U.S. District Judge Daniel Domenico to block immigration enforcement in schools across the country while its lawsuit challenging the new policy plays out in court.The suit says the possibility of routine immigration arrests in its schools has led to a drop in attendance. It also says the district has had to divert resources to respond to fear among students…
‘Let the waltz begin!’ Vienna’s ball season has 18th century roots, but teens now go online to dance
VIENNA (AP) — The aristocrats of the Habsburg royal court who danced in the first of Vienna ’s famed balls in the 18th century could never have imagined how the hallmark of the Austrian capital’s social and cultural scene would evolve.Today, teenagers learn to waltz by watching YouTube videos while ladies shed their elbow-length gloves to better swipe on smartphones.More than 450 balls occur annually in Vienna, starting Nov. 11 to mark the opening of the carnival season to Ash Wednesday before Lent begins. Professional guilds throughout the city host their own events, like the Ball of the Viennese Chimney…
Last week’s $1.4 billion cryptocurrency heist was the result of a multi-pronged attack that combined social engineering, stolen AWS session tokens, MFA bypasses, and a seemingly benign JavaScript file. That’s the conclusion from forensics experts at Mandiant called in to figure out how North Korea’s Lazarus hacking crew was able to compromise ByBit’s Ethereum cold wallet system in the biggest documented cryptocurrency theft ever. Working alongside the Safe{Wallet} team to piece together the chain of events, Mandiant said the attackers first targeted a developer by posing as a trusted open-source contributor. The developer, one of a few Safe{Wallet} personnel with…