Chinese SOS Limited Announces $50 Million Bitcoin Investment
China-based SOS Limited, a publicly traded technology and blockchain solutions provider, has announced a bold step toward incorporating Bitcoin into its investment strategy.
Israel-Lebanon ceasefire: “I am Ready to Implement Deal”, says Netanyahu
Netanyahu confirmed on Tuesday that Israel is prepared to implement a ceasefire agreement with Lebanon, aiming to bring an end to the escalating conflict that has claimed thousands of lives since its inception during the Gaza war last year.
Kraken Announces Closure of Its NFT Marketplace
Kraken, one of the leading cryptocurrency exchanges, has officially announced the shutdown of its NFT marketplace, signaling a shift in its business strategy. The platform, which launched in beta in November 2022, will transition into “withdrawal-only” mode starting November 27, 2024, and will fully cease operations by February 27, 2025. This decision marks a pivotal…
Jude Bellingham Opens Up About Backlash Following England’s Euro 2024 Defeat
England midfielder Jude Bellingham has candidly spoken about the emotional toll he faced following England’s disappointing loss in the 2024 UEFA European Championship.
Brazil’s Congress Introduces Bill to Establish Bitcoin Reserve Fund
In a groundbreaking move, Brazilian lawmakers in the Chamber of Deputies have introduced a proposal that could see 5% of the nation’s $370 billion treasury allocated to a Bitcoin strategic reserve. If passed, this bill would establish Brazil as one of the latest nations to embrace Bitcoin as part of its economic strategy, potentially investing…
CBN Increases Interest Rate to 27.5% Amid Rising Inflation Concerns
Central Bank of Nigeria (CBN) has announced an increase in the Monetary Policy Rate (MPR) to 27.50%, up from 27.25%, as part of ongoing efforts to curb rising inflation in the country.
Global Trade Partners Warn: Trump’s Proposed Tariffs Could Harm All Economies
The proposed measures, which include a 25% tariff on imports from Canada and Mexico and an additional 10% levy on Chinese goods, have sparked fears of economic disruption, inflation, and job losses across all involved economies.
Port Harcourt Refinery Begins Fuel Production After Years of Delay
After several postponements, the long-awaited resumption of fuel production at the Port Harcourt Refinery has finally become a reality. The Nigerian National Petroleum Company Limited (NNPC) confirmed the development on Tuesday, marking a significant milestone in the country’s efforts to reduce reliance on imported refined petroleum products. NNPC spokesperson Olufemi Soneye announced that the refinery…
Russia Imposes Entry Ban on Senior UK Government Ministers
In a move highlighting escalating tensions between Moscow and London, Russia announced on Tuesday a travel ban on several prominent members of the United Kingdom’s new Labour government. The measure, according to Russian officials, is a direct response to what they describe as the UK’s “Russophobic” policies. The blacklist includes key figures in the UK…
G7 Foreign Ministers Reaffirm Support for Ukraine and Condemn Russia’s “Reckless” Actions
In their joint statement released on Tuesday, the ministers reaffirmed their unwavering support for Ukraine and strongly condemned Russia’s actions, particularly its “irresponsible and threatening nuclear rhetoric.”
