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World News

A collection of 365 issues

Former U.S. President Donald Trump Found Guilty of Document Forgery; Associated Cryptocurrency TRUMP Token Plummets

In a landmark verdict on May 30, 2024, a New York jury found former U.S. President and current presidential candidate Donald Trump guilty of document forgery. NBC News reported the conviction, which marks Trump as the first U.S. president convicted of a criminal offense. The final sentence, which

Mt. Gox Moves $9.6 Billion in Bitcoin for First Time in Five Years

In a significant financial move, the Mt. Gox cryptocurrency exchange has transferred bitcoins valued at over $9.6 billion, marking its first activity of this magnitude in five years. This event involves the relocation of 141,658 BTC to a new address as reported by Whale Alert on May 28,

Whale Victim of Repeated Phishing Scam Loses Nearly $7 Million

In a startling incident, a cryptocurrency whale, previously victimized by phishing in 2023, has once again faced substantial financial loss. This time, the loss amounts to nearly $7 million due to a sophisticated phishing attack. On-chain analysts have disclosed that an unknown user fell prey to a phishing scheme that

SEC Approves Spot Ethereum ETFs from Major Firms Including BlackRock and Fidelity, Opening New Investment Avenues

The United States Securities and Exchange Commission (SEC) has officially approved the listing of spot Ethereum ETFs, signaling a significant move in the cryptocurrency investment landscape. This approval covers applications for ETFs from major financial entities such as BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton, marking

Paraguay Considers Harsher Penalties for Illegal Crypto Mining with Up to 10 Years Imprisonment and Equipment Confiscation

Paraguay's government has recently introduced a legislative bill aimed at tightening penalties for the theft of electricity, specifically targeting illegal cryptocurrency mining operations. This move seeks to protect the interests of the National Electricity Administration (ANDE) and could result in severe repercussions for those caught mining cryptocurrencies unlawfully. The bill,

French Regulator Warns of Potential Bybit Website Blockade Amid Ongoing Non-compliance with National Standards

The French financial market authority, Autorité des marchés financiers (AMF), has issued a stark warning to investors about the potential blockade of the cryptocurrency trading platform, Bybit. This announcement follows a series of concerns highlighted by the AMF regarding Bybit's operational legality within France. As of May 2022, Bybit has

India's Gold Imports Surge to $3.1 Billion in April, Tripling from Last Year

In a significant increase from previous figures, India imported gold worth $3.115 billion in April 2024, as reported by the country's Ministry of Commerce and Industry. This marks a more than threefold increase compared to April of the previous year and a doubling from March 2024. Kavita Chako, an

President Joe Biden Issues Order Prohibiting Chinese Mining Company MineOne from Owning Land Near U.S. Air Force Base Due to National Security Concerns

President Joe Biden has enacted an executive order requiring the Chinese mining firm, MineOne, to sell a plot of land and dismantle its equipment at a site in Wyoming. This decision follows an investigation by the Committee on Foreign Investment in the United States (CFIUS), which found that the company,

Russian Gas Deliveries to China Surge Through the "Power of Siberia" Pipeline

Since the start of this year, from January 1st to May 12th, the volume of Russian gas delivered to China via the "Power of Siberia" pipeline has experienced a sharp increase, growing by 37.4 percent compared to the same period in 2023, as reported by Gazprom's Telegram channel. The

Pantera Capital Designates TON Investment as Record-Breaking for the Firm

Pantera Capital, a prominent venture firm, has announced a monumental investment in The Open Network (TON), marking it the largest in the firm's history. This significant financing move was disclosed alongside the creation of the fifth venture fund, Pantera Fund V, with plans to raise $1 billion. The managing partners