What's Hot

    Naver Pushes Dunamu Share Swap to September 2026

    03/30/2026

    Ethereum Foundation stakes over 22,500 ETH in largest single deployment

    03/30/2026

    Hyperliquid’s Tokyo Edge Exposed — Secret Time Gap Is Tilting The Market

    03/30/2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Cryptomarketnews
    • Home
    • Business

      Bitcoin ETFs Bleed $290M as ‘Risk-Off’ Mood Deepens

      03/30/2026

      Three Reasons Why Circle’s Stock Is Under Pressure

      03/30/2026

      Xiaomi MiMo v2 Pro Review: The AI Model So Good It Was Mistaken for DeepSeek V4

      03/29/2026

      Anthropic’s ‘Most Capable’ AI Model Claude Mythos Leaks, Deemed Major Cybersecurity Threat

      03/27/2026

      NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion

      03/27/2026
    • Technology
      1. Business
      2. Insights
      3. View All

      Bitcoin ETFs Bleed $290M as ‘Risk-Off’ Mood Deepens

      03/30/2026

      Three Reasons Why Circle’s Stock Is Under Pressure

      03/30/2026

      Xiaomi MiMo v2 Pro Review: The AI Model So Good It Was Mistaken for DeepSeek V4

      03/29/2026

      Anthropic’s ‘Most Capable’ AI Model Claude Mythos Leaks, Deemed Major Cybersecurity Threat

      03/27/2026

      Naver Pushes Dunamu Share Swap to September 2026

      03/30/2026

      Bitcoin Price Pressure Brings Back 2018 Bear Market

      03/30/2026

      8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3

      03/30/2026

      US Bitcoin Firm Warns of Silent Basel Capital Shift

      03/30/2026

      What’s on the Ethereum Roadmap: Glamsterdam, Hegota and Beyond

      03/29/2026

      Why GameStop Put $315 Million in Bitcoin Into a Covered Call Options Strategy

      03/28/2026

      Gavin Newsom Bans California Public Officials From Prediction Market Insider Trading

      03/27/2026

      ‘All to Play For’: Walrus Hits 450TB of Data Stored Amid Renewed AI Push

      03/27/2026
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Naver Pushes Dunamu Share Swap to September 2026

      03/30/2026

      Bitcoin Price Pressure Brings Back 2018 Bear Market

      03/30/2026

      US Bitcoin Firm Warns of Silent Basel Capital Shift

      03/30/2026

      Ethereum Foundation Stakes $46M ETH after BitMine Sale, Ramps up 70K Plan

      03/30/2026

      Bitcoin Fear And Greed Index Hits Extreme Fear At 13

      03/27/2026

      Simon Gerovich Confirmed As A Bitcoin 2026 Speaker

      03/26/2026

      Bitcoin And Crypto May Be Nearing A Bottom

      03/26/2026

      Trust Wallet Launches Agent Kit That Lets AI Execute Crypto Transactions

      03/26/2026

      8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3

      03/30/2026

      Ethereum Could Hit $40,000 And Beat Bitcoin: Standard Chartered

      03/30/2026

      Bitcoin Price Stalls Under $68,800, Resistance Caps Upside Again

      03/30/2026

      Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold

      03/29/2026

      Sports blew up prediction markets. Now it could destroy them

      03/28/2026

      Bitcoin price is heading for weekend collapse to $61k

      03/27/2026

      Bitcoin slips towards $65K as Middle East tensions roil markets

      03/27/2026

      Bitcoin price just collapsed because the macro selloff collided with a $14 billion options expiry this morning

      03/27/2026

      Naver Pushes Dunamu Share Swap to September 2026

      03/30/2026

      Bitcoin Price Pressure Brings Back 2018 Bear Market

      03/30/2026

      8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3

      03/30/2026

      US Bitcoin Firm Warns of Silent Basel Capital Shift

      03/30/2026
    • Markets
    • Get In Touch
    Cryptomarketnews
    Home»Insights»Videos»Bitcoin»Senator Warren is Probing Bitmain over US Security Risks: Report
    Bitcoin

    Senator Warren is Probing Bitmain over US Security Risks: Report

    adminBy admin03/28/2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain how it is handling potential national security risks tied to Chinese crypto mining giant Bitmain, following previous reports that the firm has been under federal scrutiny.

    In a letter sent Thursday to Commerce Secretary Howard Lutnick, Warren requested documents and communications related to Bitmain, which manufactures a large share of the world’s Bitcoin mining equipment, Bloomberg reported on Friday.

    In November last year, it was reported that US authorities had launched an investigation into Bitmain over potential national security risks. The probe, known as “Operation Red Sunset” and led by the US Department of Homeland Security, aimed to examine whether Bitmain’s ASIC machines could be remotely accessed for espionage or used to disrupt the US power grid.

    According to Bloomberg, the probe remains unresolved, and its current status is unclear. National security investigations of this type can run for years without public disclosure or legal action.

    Related: MARA sells $1.1B in Bitcoin to buy back debt at 9% discount

    US scrutiny of Bitmain deepens

    The scrutiny follows earlier actions, including halted shipments of Bitmain devices and a separate investigation into a related Chinese chip firm over alleged links to sanctioned Huawei.

    In 2024, a federal review also flagged the use of its machines near a US military base as raising “significant national security concerns.”

    Mining hardware market share is divided between three large manufacturers. Source: University of Cambridge

    In July last year, Bloomberg also reported that Bitmain is preparing to open its first US-based ASIC manufacturing facility, with chip production expected to begin in early 2026 and scale by year-end.

    Cointelegraph reached out to Warren and Bitmain for comment, but had not received a response by publication.

    Related: Bitcoin mining difficulty falls 7.7% as miner pressure persists

    Trump-backed American Bitcoin buys Bitmain mining rigs

    Bitmain’s machines are widely used in Bitcoin mining operations, including by American Bitcoin Corp., which counts Eric Trump and Donald Trump Jr. among its investors. The firm agreed last year to acquire 16,000 Bitmain rigs in a $314 million deal.

    Warren’s letter also seeks details on any communications between Bitmain, the Trump family and Commerce officials, and asks what steps the department has taken to shield national security decisions from political influence.

    Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author