Kraken, a cryptocurrency exchange based in the United States, is expanding into the Middle East and will establish its regional headquarters in Abu Dhabi after obtaining a full license to operate a regulated trading platform in the UAE. “We’re incredibly excited to be able to set up our operations right in the ADGM [Abu Dhabi … Read more
Ahsan Iqbal, Minister for Planning and Development, accused former Prime Minister Imran Khan on Sunday of “playing with Pakistan’s interests” in order to keep his “failed politics” alive. The minister told a press conference in Lahore that the National Security Committee (NSC) had twice dismissed the possibility of a foreign conspiracy, but that “Imran Niazi … Read more
Representatives from multinational corporations shed light on their new investment projects and businesses in China at the Boao Forum for Asia Annual Conference 2022, which concluded on Friday in south China’s Hainan province. Qualcomm senior vice president Qian Kun stated that the fundamentals of China’s high-quality development and long-term economic improvement would remain unchanged. It … Read more
Pakistan’s new prime minister has appointed Miftah Ismail, a 57-year-old economist, and businessman, as finance minister, with the task of quickly arresting a downward economic spiral and resuming IMF talks. Ismail, who briefly held the position four years ago, brings a track record of decisive policy action and a close relationship with Prime Minister Shehbaz … Read more
The United States Secret Service is cracking down on illegal digital currency transactions, seizing more than $102 million in cryptocurrency from criminals as part of fraud-related investigations. According to David Smith, assistant director of investigations, agents and analysts actively track the flow of bitcoin and other cryptocurrencies on the blockchain, much like traditional surveillance. The … Read more
Cryptocurrency may have begun as a maverick-dominated Wild West of investing, but it is now firmly entrenched in the financial mainstream. Despite recent volatility and regulatory crackdowns in China and elsewhere, institutional investors and large banks regard it as a serious asset. Consider the following as evidence of how volatile the market is: Over the … Read more
Netflix’s 2022 is the year of mystery and deception. Trust No One: The Hunt for the Crypto King is the latest addition to Netflix’s crime-documentary portfolio, following Anna, The Tinder Swindler, and Bad Vegan: Fame, Fraud, Fugitives. This documentary, directed by Luke Sewell, follows another string of white-collar crime and wealthy victims. Trust No One: … Read more
On Saturday, the Foreign Office stated that it was “investigating” reports of alleged action by Pakistani forces in the eastern Afghan provinces of Kunar and Khost. The FO’s response was in response to claims made by an Afghan government official and a Kunar province resident that Pakistani forces fired rockets early today, killing six people. … Read more
According to five current and the former US and Israeli officials, the Biden administration has floated the idea of a White House meeting between senior Israeli and Palestinian officials. Behind the scenes: Over the last four months, US officials have raised the possibility with Israeli officials several times, as well as with Palestinians, Egyptians, and … Read more
Jarindr Thitadilaka claims he earned up to $2,000 per month last year from his collection of digital pets, which he bred and sent into battle to win cryptocurrencies. The 28-year-old Bangkok resident was engaged in Axie Infinity, one of a new breed of blockchain-based online games known as “play-to-earn,” which combine entertainment and financial speculation. … Read more