Binance resumes Bitcoin withdrawals after temporary closure

(Reuters) – Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue. Binance had paused withdrawal of Bitcoin, the world’s largest cryptocurrency, for more than an hour. Binance did not provide any further details on the issue. The world’s largest crypto exchange on March suspended deposits…

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Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt

By Tyler Clifford and John Kruzel WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday issued a stark warning that a failure by Congress to act on the debt ceiling could trigger a “constitutional crisis” that also would call into question the federal government’s creditworthiness. Yellen sounded the alarm over possible financial market consequences if…

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Japan’s PM tells South Koreans his ‘heart hurts’ over pain caused by occupation

By Choonsik Yoo, Hyonhee Shin and Sakura Murakami SEOUL/TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida told South Koreans on Sunday his “heart hurts” when he thinks of suffering and pain during Japanese colonial rule, in a nod to historical disputes that have soured relations between the two U.S. allies. Kishida was in Seoul for the…

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Former FCC Chair Newton Minow, who called 1960s TV ‘vast wasteland’, dies at 97

By Bill Trott (Reuters) – Former U.S. Federal Communications Commission Chair Newton Minow, who lambasted television as a “vast wasteland” more than 60 years ago and challenged the broadcast world to come up with imaginative alternatives, died on Saturday at the age of 97, his daughter Nell Minow said on Twitter. Minow in 2011 said…

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Warren Buffett faults handling of bank failures, upbeat on U.S., Berkshire

By Jonathan Stempel, Carolina Mandl and John McCrank OMAHA/NEW YORK (Reuters) – Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring “turmoil” to the financial system, even as he offered a vote of confidence in the United States and his conglomerate Berkshire…

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