Canada’s proposed ban on crypto political donations moved a step closer to becoming law on Friday, advancing through Parliament with cross-party support and little opposition. Bill C-25, the Strong and Free Elections Act, passed second reading in the House of Commons and was referred to committee for further review. In Canada’s system, that vote signals…
Amid soaring crude oil prices worldwide due to the ongoing US-Israel war with Iran, the International Energy Agency (IEA) has proposed the largest disbursement of oil reserves to help bring down prices.The release could exceed the 182 million barrels of oil that IEA member countries put on the market in two separate releases in 2022,…
JPMorgan Chase has been sued by investors in Goliath Ventures, with a proposed class action lawsuit alleging the bank ignored “red flags” that the allegedly fraudulent crypto pool raised and helped enable what the complaint describes as a $328 million crypto Ponzi scheme that affected over 2,000 people. Filed in federal court in the Northern…
Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. “There’s nothing going on in the marketplace that should have necessitated this type of a crash,” Anthony Scaramucci, founder and managing partner of alternative…
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The native token of the BNB Chain, BNB, extended its recent advance, climbing more than 5% to $893 as it nears the $900 resistance level. The rally comes amid the debut of a physically backed BNB exchange-traded product (ETP) by crypto asset manager Virtune on Nasdaq Stockholm. The new product offers direct exposure to BNB…
NEW DELHI: A day after photos of Vijay Mallya‘s pre-birthday celebration in London surfaced, ED Thursday announced it had restituted Rs 312 crore of Kingfisher Airlines to its former employees towards long-pending dues.The amount was transf-erred to the official liquidator for disbursement to former employees of Kingfisher Airlines after the restitution was approved by Debt…
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India’s “Chicken neck” is all set for a new connectivity boost!In a bid to strengthen regional connectivity to India’s North-eastern States, Indian Railways has announced plans to construct a new underground railway line through the Siliguri Corridor, commonly known as the “Chicken’s Neck”. Union minister for railways, information & broadcasting and electronics & information technology,…
