BEIJING: Nearly 70,000 people in southern China have been evacuated after heavy flooding caused by Typhoon Wutip, Chinese state media reported Wednesday. Vast areas of Zhaoqing city in Guangdong province were submerged, with floodwaters inundating shopfronts and covering roads, footage from state broadcaster CCTV showed. Rescuers pushed stranded cars out of the water and used…
GENEVA: The United States is “complicit” in Israel’s strikes in Iran, Tehran’s ambassador to the United Nations claimed Wednesday, vowing that his country would respond if Washington crosses a “red line”. After decades of enmity and a prolonged shadow war, Israel says its surprise air campaign that began on June 13 is aimed at preventing…
LONDON: An independent review in Britain criticised police on Wednesday for failing to arrest a US diplomat’s wife after she killed a British teenager in a car accident before fleeing the country in 2019. The accident in which Harry Dunn, 19, died became a diplomatic issue between the UK and United States, leading to his…
TBILISI: Georgian police seized nearly 300 kilograms (660 pounds) of heroin hidden in a truck crossing from Armenia, the interior ministry said on Wednesday — the country’s largest drug-trafficking bust in a decade. The truck was bound for Europe via the Black Sea port city of Batumi, according to the ministry statement. “The heroin with…
Bitcoin Magazine Prenetics Becomes First Healthcare Firm to Launch Bitcoin Treasury Strategy With $20M BTC Purchase Prenetics Global Limited, a health sciences company, announced today that it has purchased $20 million worth of Bitcoin as part of a newly approved corporate treasury strategy. The company acquired 187.42 BTC at an average price of $106,712 and…
Bitcoin Magazine Swiss Bitcoin Platform Relai & Casa Partner to Offer Multisig Bitcoin Security Today, Relai, a Swiss Bitcoin platform, announced it has partnered with Casa to introduce a new Bitcoin saving and security solution, according to a press release sent to Bitcoin Magazine. “Self-custody is at the heart of Bitcoin’s promise,” said the Co-Founder…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. There is an old saying, “Once is a chance, twice is a coincidence, and a third time is a trend.” It applies to bitcoin BTC right now. The cryptocurrency’s price has fallen back to its 50-day simple moving average (SMA),…
Crypto asset manager 3iQ has introduced an XRP XRP exchange-traded fund (ETF) on the Toronto Stock Exchange, the company said on Wednesday. The 3iQ XRP ETF (TSX: XRPQ) will launch with a 0% management fee for the first six months and is available for investment through registered accounts in Canada, and its TSX listing enables…
WARSAW: Poland on Wednesday said it had evacuated around 160 people from Israel as that country’s conflict with Iran escalates, adding that another plane would bring home dozens more on Thursday. Foreigners have rushed to leave Israel after it launched an unprecedented bombing campaign last Friday, targeting Iranian nuclear and military facilities and sparking retaliation…
AFGHANISTAN: A ban on smartphones in schools issued by Taliban authorities in southern Afghanistan came into force, students and teachers confirmed to AFP on Wednesday, over concerns of “focus” and “Islamic law”. The directive by the provincial Education Department in Kandahar applies to students, teachers and administrative staff in schools and religious schools. “This decision…
