Bitcoin is surging on hopes rate cuts will drive a speculative rush

The end-of-summer doldrums may be over for bitcoin. The token’s price climbed as much as 6.4% to $61,337 on Tuesday, its biggest intraday jump since August 8. Investors are anticipating the Federal Reserve’s long-awaited rate cut tomorrow, which will be announced at the end of the central bank’s two-day policy meeting. Markets are still unsure…

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German warships visit the Philippines amid its South China Sea clashes after angering Beijing by sailing through the Taiwan Strait

German Navy vessels are visiting the Philippines for the first time in over 20 years. Two German warships are visiting the Philippines for the first time in over 20 years after making a notable transit through the Taiwan Strait. The port call, which Germany said is a reaffirmation of its commitment to a free and…

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The Houthis painted the word “hypersonic” on the new ballistic missile they fired at Israel, which says it’s actually just a regular missile

The Houthis wrote “hypersonic” on their new Palestine 2 missile. The Houthi rebels painted the word “hypersonic” in English on the missile they launched at Israel over the weekend, emphasizing a new capability. The Israeli military, however, is pouring cold water on the Houthis’ claim that the missile is a hypersonic weapon. The Houthis published…

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The US sent Taiwan waterlogged shipments of moldy body armor and machine guns tossed in a cardboard box, DoD watchdog says

Moldy body armor plates were delivered to Taiwan in December, the OIG said. The US sent Taiwan hundreds of pallets containing “unserviceable” equipment and ammo in the last year because the gear got wet while sitting for months at an air base, a government watchdog said. In a report published on Wednesday, the Office of…

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US Air Force says war with China in the Pacific is not ‘imminent or inevitable’ but the threat is growing

An anti-tank missile during military drills in Pingtung, southern Taiwan, on August 26, 2024. A war between the US and China in the Pacific is not “imminent or inevitable,” but the threat of one is growing, according to a top US military official. Frank Kendall, the US Air Force Secretary, made the assessment during a…

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South Korea removed 1,300 cameras from its military bases after discovering they’re designed to feed back to a Chinese server

South Korean army soldiers at a military base in Gyeryong-City, South Korea. Image used for illustration purposes. South Korea’s military has been forced to remove over 1,300 surveillance cameras from its bases after learning that they could be used to transmit signals to China, South Korean news agency Yonhap reported. The cameras, which were supplied…

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US spy plane flies through the Taiwan Strait days after German warships angered China by sailing through

The US Navy’s 7th Fleet confirmed the P-8A Poseidon transited the Taiwan Strait in international airspace on Tuesday. A US spy plane flew above the Taiwan Strait in international airspace, prompting a response from China. The event comes just days after German warships made a notable transit through the tense waters in defiance of China.…

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A 30-year-old man built muscle and burned fat in 4 months with a time-saving workout technique

Andre Frade built muscle and burned fat without spending longer in the gym using a technique called supersets along with full-body workouts. A busy office worker said he transformed his physique in four months thanks to an efficient workout plan. Andre Frade works for an investment bank in London, and his schedule doesn’t leave much…

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