After days of rumors around the identity of the mysterious ‘JPMD’ token filed by JPMorgan, widely supposed to be a stablecoin, the truth has finally emerged. JPMD isn’t a stablecoin after all – it’s a deposit token on the Base blockchain (Coinbase’s own blockchain). With JPMD, institutions have a round-the-clock method of making deposits, incorporating…
LONDON: Britain’s Catherine, Princess of Wales, who is recovering from cancer, has pulled out of attending the Royal Ascot race meeting, her Kensington Palace office said on Wednesday. The famed sporting event in Berkshire in southern England is a key event in the royal calendar. Catherine, also known as Kate, would not be attending Royal…
ISTANBUL: A far-right political opponent of President Recep Tayyip Erdogan on Wednesday slammed ongoing graft probes into Turkey’s opposition as unfair, a day after being released from jail. Umit Ozdag, who heads the small anti-immigrant Victory party, was placed in pre-trial detention on charges of inciting public hatred on January 20. A court on Tuesday…
Amelia Eudailey used to log off Zoom calls to attend strategy meetings. These days, she logs off to prep shrimp salad, mash potatoes, and slice sourdough buns — all for a hot dog. Side Hustle: Swedish hot dog pop-up (Chef Hej Hej) Revenue: $1,600–$2,000 per event Started: 2023 (full-time since Oct. 2024) Featured Quote: “I…
Bitcoin Magazine The Blockchain Group Buys $20 Million Worth Of Bitcoin The Blockchain Group has acquired an additional 182 Bitcoin for approximately €17 million ($19.6 million), further expanding its position as Europe’s first Bitcoin treasury company amid accelerating institutional adoption of Bitcoin reserves. According to a press release issued June 18, the Euronext Growth Paris-listed…
Prenetics Global Limited (NASDAQ: PRE) is the latest firm in the healthcare space to copy MicroStrategy’s $40 billion bitcoin treasury strategy, having acquired its first $20 million BTC investment, with help from global crypto exchange Kraken. There is a surge of bitcoin treasury companies that focus on accumulating bitcoin and following strategies similar to Strategy….
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2988.69, down 1.4% (-41.38) since 4 p.m. ET on Tuesday. None of the 20 assets are trading higher. Leaders: BTC (-0.2%) and LTC (-0.4%). Laggards: SUI (-4.4%) and AAVE…
BERLIN: Maritime rescue organisations said Wednesday they had pulled more than 175,000 people from the Mediterranean over the past 10 years, as waves of migrants sought to use the dangerous sea route to reach Europe. The group of 21 NGOS active in the region estimated that at least 28,932 people had died while trying to…
PEPE continues to trend downwards with a 21% price drop this week. Key support at POC could decide short-term direction. Geopolitical tensions between Israel and Iran are driving risk-off sentiment in memecoins. Pepe (PEPE), the wildly popular Ethereum memecoin, has once again found itself at the centre of market volatility as traders confront a renewed…
LAGOS: A Nigerian university has ignited an online row after a video showed female staff members touching the breasts of women to check if they were wearing bras before taking part in an exam. Hundreds of thousands of people have viewed the video of staff at Olabisi Onabanjo University (OOU) in the southwestern Ogun state…
