The regulator announced plans to bar financial institutions, payment companies and internet firms from facilitating cryptocurrency trading, as well as to strengthen monitoring of risks from such activities. “Overseas virtual currency exchanges that use the internet to offer services to domestic residents is also considered illegal financial activity,” the PBOC …
Read More »Military aircraft crashes in Texas neighborhood, causing serious injuries, power outage & damage (VIDEO)
Local reports have described one of the pilots as being in a critical condition, while the other has sustained “serious injuries.” At a press conference, Lake Worth Police Chief JT Manoushagian confirmed that both pilots are being treated for injuries sustained from the crash. When police arrived on the scene, …
Read More »Bitcoin crashes as El Salvador’s world-first adoption gets off to bumpy start
The price of bitcoin dropped as much as 16% to around $43,100 after breaking through $52,000 late Monday. The cryptocurrency has managed to rebound since then, and was last down over 13% to trade at $45,512. The fall has been attributed to a technological glitch that forced El Salvador’s government …
Read More »4 reported dead after plane CRASHES into industrial building in central Connecticut, setting it ablaze (VIDEOS)
Farmington Police Department confirmed that a plane had crashed into a building on Hyde Road shortly after taking off from a nearby air field, and said in a tweet that emergency services were on the ground working to “evacuate the immediate area.” Four people were onboard the plane, reportedly a …
Read More »Prototype of Russian transport plane Ilyushin Il-112V crashes during training flight killing all three people on board – reports
The incident has been reported by the plane’s developer United Aircraft Corporation, which has not confirmed the fatalities so far. According to a source for TASS, there were three people on board, including Honored Test pilot Nikolay Kuimov, who holds the status of Hero of Russia. Before the plane crashed, …
Read More »Russian firefighting plane crashes in Turkey, everyone on board killed (VIDEOS)
The firefighting plane crashed into the mountain in Turkey’s southern region of Marash on Saturday. According to Russia’s Defense Ministry, the plane had five Russian servicemen and three Turkish officials on board. Footage circulating online shows a plume of black smoke emitting from the crash site. Another video shows the …
Read More »8 missing after helicopter carrying tourists crashes into lake in Russia’s Far East
The helicopter, operated by Vityaz-Aero company, was carrying 13 tourists, including a child, and three crew members as it fell into Kuril Lake early on Thursday. Eight people died in the crash, health officials told Interfax news agency, adding that the bodies are likely to be found at the bottom …
Read More »From protests and crashes to diplomatic incidents and Covid, here are some of the Tokyo Olympics’ craziest, most memorable moments
Whether there was joy or despair for the athletes at the center of it, every day of the Games seemed to surface more surprises, with the eyes of the world on the mid-pandemic action in a country whose people had been somewhat reluctant to host an influx of sporting entourages. …
Read More »Transgender weightlifter Laurel Hubbard crashes out of Tokyo Olympics after three failed attempts on first Games appearance
Super-heavyweight Hubbard’s much-debated debut at the Olympics ended in immediate failure on Monday, with the 43-year-old, who transitioned to become a woman in 2012, failing with snatch attempts at 120kg and 125kg. The clean and jerk part of the competition is yet to come, although registering no weight in the …
Read More »Su-35 fighter jet ‘crashes into sea’ in Russia’s Far East, pilot ejects safely
The incident occurred on Saturday during a routine training flight in Russia’s Khabarovsk region. The Su-35S plane suffered an engine failure during the flight, Russia’s Eastern Military District command said in a statement. “The pilot ejected and was promptly found and recovered by rescue team, which brought him back to …
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