The US Securities and Exchange Commission sued Elon Musk on Wednesday for failing to disclose his acquisition of Twitter shares before buying the company. The SEC said Elon Musk violated securities law by acquiring Twitter shares at “artificially low prices.” Musk bought Twitter for about $44 billion (€42.7 billion) in 2022, changing the name to … Read more
Circle, the company issuing the stablecoin USD Coin (USDC), released a report on the performance of the stablecoin during the recently completed 2024, highlighting that this cryptocurrency had greater growth in terms of circulation compared to USD Tether (USDT) and others. “important stablecoins”. According to him reportshared by Circle CEO and founder Jeremy Allaire, in … Read more
Seoul, South Korea – South Korean authorities are making a fresh effort to detain impeached President Yoon Suk Yeol, days after narrowly avoiding a first attempt to enforce a court-approved warrant with presidential security and military forces protecting him. A team of investigators arrived at the heavily fortified presidential compound in central Seoul before dawn … Read more
Last Updated:January 14, 2025, 17:20 IST US Eric Garcetti: After the change of President in America, the process of change of American ambassadors has been seen on a large scale across the world. The tenure of US Ambassador to India Eric Garcetti has ended. Let us understand how America becomes its ambassador…read more highlights US … Read more
ZK is approaching the lower boundary of a bullish channel and has a high chance of rebounding. The ZKsync team works in alliances to increase the adoption of this technology. ZKsync (ZK), governance token of the eponymous Ethereum rollup, consolidates a bullish channel that – if the trend continues – could take it to new … Read more
While attempting to execute a warrant for the arrest of South Korea’s impeached President Yoon Suk Yeol, officials said they were blocked by presidential guards, Yonhap news agency reported in Seoul on Wednesday morning. “Investigators are in a standoff with the Presidential Security Service after serving a search and detention warrant against Yoon,” the agency … Read more
The increase in bankruptcy filings in the United States worries analysts at the financial newsletter The Kobeissi. According to revealed data by Kobeissi, the 12-week moving average of bankruptcy filings is now at 17the highest level in two years. Bankruptcy applications in the United States (black line). Source: The Kobeissi Letter. This increase coincides with … Read more
Nairobi, Kenya – Human rights groups in Kenya are blaming police for a recent increase in kidnappings of critics opposing government policies. Activists say at least 29 people are missing after raising concerns about poor governance. Kenyan cartoonist Gideon Kibet said he was followed by unidentified men onto a bus while leaving a meeting in … Read more
The imminent entry of Donald Trump as president of the United States portends a year of innovations in cryptocurrency exchange-traded funds (ETFs), which could shake up the market. This is highlighted by a new report from the research company, VettaFi. “Several cryptocurrency ETF applications are already in various stages of approval,” stands out the company. … Read more
Months after finding workers at an abandoned gold mine in South Africa, rescue workers pulled out 36 bodies and 82 survivors from the mine following a two-day operation, police said Tuesday. “All 82 people arrested are facing charges of illegal mining, encroachment and violation of the Immigration Act,” police Brigadier Athlenda Mathe said in a … Read more