Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days.
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The writer is a former CIA analyst and author of ‘Damascus Station’ At first glance, the long-rumbling Syrian conflict and the front-page war in Ukraine have little in common. The former is a multi-sided civil war fought in the Middle East, while the latter is a contest between states at the gates of Europe. But
More than 50 civilians have died and hundreds more were injured in Sudan as intense fighting between the army and a rival paramilitary group continued for a second day. The Central Committee of Sudanese Doctors, a pro-democracy non-governmental group, put the total number of civilian deaths at 56 as of Sunday morning, with “dozens” of military personnel
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and the USD’s ability to maintain its value even in
Poland and Hungary have temporarily halted imports of Ukrainian grain despite a warning from Brussels that such unilateral action would contravene EU trade policy. After Moscow launched its full-scale invasion of Ukraine last year, the EU scrapped customs duties and quotas on Ukrainian grain imports and rerouted some shipments from blockaded Black Sea ports via Polish
It is “the economy, stupid”. James Carville coined this phrase in Bill Clinton’s campaign of 1992. He was right. The economy is not everything. But it is almost everything. Modern democracy itself would not have been born if it were not for the opportunities created by sustained growth. Political stability, too, depends on the positive-sum
Nurses strikes in England could continue until Christmas if the government does not return with a higher pay offer for the NHS, the leader of the Royal College of Nursing said on Sunday, as health employers warned that further walkouts would pose significant risks to patient safety. Pat Cullen, general secretary of the RCN, told
In this article DPZ CZR TXRH COST CRWD Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Wall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean
Companies have committed more than $200bn to US manufacturing projects since Congress passed sweeping subsidies last year, as president Joe Biden’s effort to spark a new industrial revolution gains momentum. The investment in semiconductor and clean tech investments is almost double the commitments made in the same sectors in the whole of 2021, and nearly
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria and China Easing Pressure on the Naira According to experts on
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ
Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet. Sotheby’s reboot Glitch Digital Art Sale after addressing diversity concerns
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.” G20 Finance Chiefs on Crypto
A rise in the number of costly apprenticeships given to older employees has led to fears that younger workers are being excluded from the UK government’s flagship training scheme. The proportion of over-25s starting apprenticeships increased from 43 per cent in 2015 to 47 per cent last year, according to government figures. Meanwhile, the number
NHS data specialists have warned against the rollout of Palantir’s software across the organisation, as the US tech company vies for a £480mn contract to build the UK health service’s operating system. Palantir, led by chief executive Alex Karp and co-founded by Peter Thiel, the tech investor and prominent backer of Donald Trump, became the
Countries must exert greater control over gold imports and companies dealing in contraband supplies of the precious metal from the Amazon region should be punished, Brazil’s government has said. Sonia Guajajara, the country’s first indigenous affairs minister, called for more support from foreign governments and industry in tackling illegal gold mining, a priority for the
BT held “war games” to prepare for the disruption from a potential conflict between China and Taiwan, in a sign of companies’ growing unease over escalating tensions in the region. Staff at the telecoms group’s Dublin-based procurement business took part in the two-day exercise last year, during which they modelled how they would secure BT’s
US climate envoy John Kerry has defended the United Arab Emirates against “unfair” criticism of its role as the host of this year’s COP28 conference in Dubai, saying it was important to bring oil-producing nations into the UN environment talks. Climate campaigners have been increasingly critical of the growing influence of the global fossil fuel
Congratulations might be in order: I now have a side hustle. It’s my very own new line in part-time work, bringing variety to the mid-life grind. But keep the champagne on ice — it turns out it’s a job nobody wants: dealing with the admin that follows a bereavement. We lost my beloved Dad just
The author is managing director for Europe at Eurasia Group The French-German “motor” that has been at the EU’s heart for six decades has broken down. The biggest culprit is the new government in Berlin. Chancellor Olaf Scholz is mostly concerned with the unity of his coalition and Germany’s economy. If he lifts his head