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World News

A collection of 475 issues

U.S. Department of Energy to Cease Bitcoin Miner Information Collection Following Court Settlement

In an unprecedented move that has drawn considerable attention within the blockchain and cryptocurrency communities, the U.S. Department of Energy has agreed to terminate its collection of data on Bitcoin miners and destroy all previously gathered information. This decision comes as a result of a court settlement with the

The Turkish Lira Reaches an Unprecedented Low Amid Soaring Inflation, Predictions Point to Further Decline

In a significant financial downturn, the Turkish lira has plummeted to its lowest value ever against the U.S. dollar, marking a critical point in Turkey's ongoing economic struggles. As of February 21, the lira's exchange rate against the dollar reached a historic low, with trading

North Korean Hackers Utilize AI for Sophisticated Cyber Attacks: A Deep Dive into Their Strategies and Implications

In the evolving landscape of global cyber warfare, North Korean hackers have taken a significant leap forward by integrating Artificial Intelligence (AI) tools into their cyber attack arsenal. This development marks a new chapter in cyber espionage, with implications that ripple through national security, the financial sector, and beyond. Reports

India Finds a Way to Settle Payments for Russian Oil

In a strategic move that underscores the complexities of international trade amid sanctions and geopolitical tensions, India has resumed its importation of Sokol crude oil from Russia in February, following a hiatus of two months. This development, as reported by Reuters citing vessel tracking data and insider information, signifies a

SEC's New Regulations Cast a Shadow on DeFi Liquidity Providers

Introduction: In a move to fortify safety measures within the Treasury markets, the U.S. Securities and Exchange Commission (SEC) has recently adopted two stringent rules. These regulations mandate that market participants involved in substantial liquidity provision activities must register with the SEC and become members of a self-regulatory organization.

Argentina Leads Global Inflation Rankings with 211% Surge in 2023

Inflationary pressures have soared to unprecedented levels globally, with Argentina emerging as the frontrunner in the latest rankings. According to recent data, Argentina has clinched the top spot with a staggering inflation rate of 211% in the year 2023. This surge has catapulted the nation to the forefront of economic

Record Growth in Trade Between Russia and Brazil: A Strategic Partnership Flourishes

In the aftermath of 2023, the trade turnover between Russia and Brazil surged to a remarkable $11 billion, setting a new record in monetary terms. This significant milestone was announced by the Latin American country's ambassador to Russia, Rodrigo de Lima Baena Soares, as reported by "PRAVMIR&

U.S. Justice Department Charges Three Individuals in Connection with the FTX Hack

In a significant development that has sent shockwaves through the cryptocurrency industry, the U.S. Justice Department has leveled charges against three individuals implicated in the hacking of FTX, a prominent cryptocurrency exchange. This case has drawn attention not only for the sheer scale of the theft, which exceeds $400

Victims of Hamas Attack Accuse Binance of Funding Terrorism in Groundbreaking Lawsuit

In an unprecedented legal move, victims of Hamas' actions have taken a bold step by filing lawsuits against Binance, Iran, and Syria, accusing them of financially supporting the terrorist organization. This groundbreaking case, highlighted by Bloomberg through court documents, involves a former Hamas hostage and several families who lost

Terraform Labs bankruptcy

In an intriguing development within the tumultuous world of cryptocurrency, Terraform Labs, under the leadership of CEO Chris Amani, has initiated a bold legal maneuver by filing for Chapter 11 bankruptcy. This move, according to Amani, is not merely a step towards financial restructuring but a strategic legal play aimed