• About Us
  • Careers
  • Contact
No Result
View All Result
Saturday, June 7, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Elizabeth Warren Warns That Foreign Crypto Miners Might Be Spying on U.S. Military Bases

26 July 2024
in News, Regulation
Reading Time: 3 mins read
100 8
Home News

United States Senator Elizabeth Warren, known for her strong anti-crypto stance, has once again raised alarms about the risks of foreign-owned cryptocurrency mining operations in the country.

During a Senate Committee on Banking, Housing, and Urban Affairs hearing on July 25, Senator Warren warned that these operations pose significant national security threats.

 

Senator Warren argued that foreign companies establishing crypto mining facilities in the U.S. are not only environmentally harmful but also pose severe security risks.

“They’re loud, they’re hot, and they consume enormous amounts of electricity, which can destabilise the power grid,”

she stated. 

 

In response to a query from Senator Jacky Rosen about concerns over foreign crypto mining in the U.S., Warren emphasised the potential for espionage.

“Foreign adversaries are using crypto mines to spy on U.S. military operations, presenting an obvious national security risk. Additionally, these operations threaten our energy grid, making us vulnerable to targeted blackouts and cyberattacks,”

she warned.

Senator Warren also criticised the secrecy surrounding these operations, noting that foreign entities are buying mining facilities with cryptocurrency, bypassing traditional banking systems and anti-money laundering regulations. She claimed that U.S.-based crypto mines have been able to secretly transfer millions of dollars back to China through these methods.

Warren concluded by urging legislative action, stating,

“It is time for us to pass laws to address these risks.”

The senators’ concerns about crypto mining followed significant past events in the bitcoin mining sector. David Fischer, the plant manager of a Marathon Digital mining site near Granbury, Texas, was acquitted of 12 noise violation charges by a Texas jury. Local residents had claimed that the noise from the Bitcoin mining cooling systems caused health issues.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with Markets PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Crypto miningElizabeth Warren
Share63Tweet39Share11
Previous Post

JPMorgan Chase Introduces AI Tool to Perform Research Analyst Duties

Next Post

Halfway Through 2024: The Most Notorious Crypto Hacks So Far

Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: themoscowtimes.com
Crime

Ukrainian Police Arrest Man for Large-Scale Cryptojacking Scheme

5 June 2025
source: sumsub.com
Crypto

Sumsub Unveils Travel Rule SDK to Ease Crypto Compliance, Slash Drop-Offs by 35%

5 June 2025
source: cryptorank.io
News

Global X launches Bitcoin Covered Call ETF (BCCC)

5 June 2025
source: m.economictimes.com
Crypto

Ethereum Mainnet Surges Back into DeFi Spotlight as Bots and Stablecoins Drive Record Activity

5 June 2025

Featured Posts

The Hidden Dangers of Holding Crypto in Exchanges

The Hidden Dangers of Holding Crypto in Exchanges

byOlajumoke Oyalekeand1 others
27 May 2025
0

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

Should We Put a Price on Everything? The Ethics of Tokenizing Human Actions

byFaari Labinjo
27 May 2025
0

The Most Influential Figures in Crypto History and Their Impact

The Most Influential Figures in Crypto History and Their Impact

byBobby Okposin
14 May 2025
0

Are Layer 2 Solutions Enhancing Ethereum—or Killing it?

byOlayinka Sodiqand1 others
6 January 2025
0

Beginner’s Guide To Earning Passive Income In Crypto | DeFi Planet

Simple Ways To Earn Passive Income From Your Crypto

byArjun Chandand1 others
1 September 2021
0

Read More

Chain of Thoughts

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Is Tokenization All That It’s Cracked Up To Be?

Is Tokenization All That It’s Cracked Up To Be?

byOlu Omoyele
26 February 2025
0

...

Markets Update

Your Weekend Crypto Roundup | June 2025 (Week 1)

12 hours ago

Your Weekend Crypto Roundup | May 2025 (Week 5)

6 days ago

Your Weekend Crypto Roundup | May 2025 (Week 4)

2 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 3)

3 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 2)

4 weeks ago

Your Weekend Crypto Roundup | May 2025 (Week 1)

1 month ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Nibiru Launches ”Block Party” Aura Program to Reward Real DeFi Activity

    bychainwire
    5 June 2025
    0

    BYDFi and Ledger Launch Global Campaign with Limited BYDFi x Ledger Nano X

    bychainwire
    5 June 2025
    0

    $ZEUS Marking His Territory: Announcing An IP Collaboration with Original Zeus Artist and Trademark Holder

    bychainwire
    4 June 2025
    0

    Huma Joins the Global Dollar Network to Advance Stablecoin Adoption on Solana

    bychainwire
    4 June 2025
    0

    Zircuit Joins Binance Alpha: ZRC Airdrop & Trading Competition Go Live

    bychainwire
    3 June 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverses
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00