At about 1am on February 24 last year, Sergei Lavrov, Russia’s foreign minister, received a troubling phone call. After spending months building up a more than 100,000-strong invasion force on the border with Ukraine, Vladimir Putin had given the go-ahead to invade. The decision caught Lavrov completely by surprise. Just days earlier, the Russian president
Shares in defence companies have surged in recent months, eclipsing gains for wider stock markets, as investors bet on the promises of increased military spending by western governments to help Ukraine’s war effort against Russia. An MSCI global benchmark for the sector is up almost 30 per cent in dollar terms since the start of
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization. Archblock Uses Chainlink to Verify Reserves Before
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian Finance Minister on Crypto Regulation, Bill, and Awareness Campaign India’s finance minister, Nirmala Sitharaman,
The Ethereum ecosystem has seen only 226 validators slashed since the launch of the Beacon Chain on Dec. 1, 2020 — amounting to just 0.04% of 524,060 validators, according to an Ethereum core developer. Slashing is a process where a validator breaches the proof-of-stake consensus rules, which often results in the removal of that validator from
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov — have been formally accused of having key roles in the scheme which raised approximately $340 million from
World Wide Web inventor Sir Tim Berners-Lee says cryptocurrency is “really dangerous” and “only speculative.” While claiming that crypto is for those who “want to have a kick out of gambling,” he noted that it could be useful for remittances. Sir Tim Berners-Lee on Crypto Sir Tim Berners-Lee, the British computer scientist who is widely
press release PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit research consortium in Hong Kong, China, shifting from a previously non-profit approach. FLC is set to be led by founding keystone members – blockchain technology platform Phoenix
The UK’s crisis-hit public services will not recover before the next election and may require significant injections of cash to prevent further decline, according to a sobering annual review by the Institute for Government, a non-partisan think-tank. After almost 13 years of austerity and grave damage to the public sector’s capacity as a result of
In this article MOS BMBL MRNA LCID NVDA EBAY ETSY Follow your favorite stocksCREATE FREE ACCOUNT Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Check out
An off-duty police officer was shot in Northern Ireland on Wednesday night in what politicians condemned as a “shameful” attack committed by “terrorists” and a chilling reminder of the region’s past violence. The attack took place as London and Brussels seek to clinch a deal on Brexit trade rules for Northern Ireland that some activists
An off-duty police officer was shot in Northern Ireland on Wednesday night in what the region’s politicians condemned as a “shameful” attack committed by “terrorists”. “One man, a serving police officer, has been taken to hospital for treatment after being injured in a shooting incident at a sports complex just before 8pm this evening,” the
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued
Expecting parents have often looked to celebrity nurseries for inspiration and one thing that many have in common are chairs from Oilo Studio. From recliners to classic gliders and ottomans, Oilo Studio has become a must-have brand for celebrities and ordinary parents alike. While many nursery recliners and gliders look like a slightly more modern
A new independent football regulator will have powers to vet owners, scrutinise club finances and block English teams from joining breakaway competitions, under plans to be unveiled on Thursday by the UK government. The body, which will be enshrined in law, will aim to put financial sustainability at the centre of men’s football by forcing
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are
Topline The Biden Administration on Wednesday unveiled a plan to help low-income and first-time homebuyers save an average of $800 per year on mortgage insurance costs starting next month—an attempt to help ease affordability concerns in the housing market as higher mortgage rates and elevated prices sideline many potential homebuyers. Key Facts Under the plan
Municipals were weaker in spots in secondary trading Wednesday as $688 million of New York City general obligation bonds priced in the primary, while U.S. Treasuries were firmer and equities ended mixed. The three-year muni-UST ratio was at 62%, the five-year at 62%, the 10-year at 65% and the 30-year at 91%, according to Refinitiv
Rejecting nearly all of the challenges to its disclosure statement and plan of adjustment in the Puerto Rico Electric Power Authority bankruptcy, the Puerto Rico Oversight Board attempted to explain why National Public Finance Guarantee could get preferential treatment. National’s treatment is permissible since it is supported by a “legitimate basis,” the board said, citing
A TV camera points to the U.S. Supreme Court as justices inside heard arguments in Gonzalez v. Google at the court in Washington, February 21, 2023 Kevin Lamarque | Reuters The Supreme Court in a unanimous decision Wednesday ruled that a woman could not use protection under the U.S. bankruptcy code to avoid paying a
In this article COIN PANW DKS AMZN TOL LZB BIDU Follow your favorite stocksCREATE FREE ACCOUNT Coinbase shares are down more than 83% this year Chesnot | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the cryptocurrency exchange fell 1.4% even after Coinbase reported a smaller-than-expected loss for