World
17Apr

BytePlus, Mysten Labs partner to integrate Sui blockchain tech

BytePlus has partnered with Mysten Labs to integrate its recommendation solutions and augmented reality technologies into the Sui blockchain. BytePlus, a subsidiary of ByteDance, selected Sui for its capabilities in supporting gaming and social applications. Sui provides features such as zero-knowledge proofs for user authentication and sponsored transactions designed to simplify user access. BytePlus offers services, including content distribution networks, personalization...

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17Apr

Europe dominates crypto banking with 63 providers

Over 135 traditional financial institutions are providing crypto banking support as blockchain assets have recently experienced rapid adoption and mainstream press. According to a joint report from Finery Markets and Coincub, analysts noticed a sharp increase in rails between banks and digital assets, with more money houses tapping decentralized finance utility. The phenomenon was spotted in regions worldwide, but...

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17Apr

All employers in S’pore must fairly consider flexi-work requests from Dec 1 under new rules

SINGAPORE: All employers in Singapore must fairly consider formal requests from employees for flexible work arrangements (FWAs) from Dec 1, 2024, under the new Tripartite Guidelines on Flexible Work Arrangements. The compulsory guidelines were unveiled on April 15 during a company visit to the Ridout Tea Garden outlet of fast-food chain McDonald’s attended by the three...

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17Apr

Two arrested for firing at Bollywood superstar’s home

Two members of a notorious criminal gang were arrested by Indian police for firing at the home of Bollywood actor Salman Khan (pic) in retaliation for the superstar’s killing of two antelopes. The Bishnoi gang, accused of several murders and extortion rackets, hails from a wider desert-based religious sect that considers the species to be the...

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17Apr

12 crew members rescued from Tanzanian burning ship in Singapore waters: MPA

SINGAPORE (The Straits Times/ANN): All 12 crew members of a Tanzania-flagged freighter were rescued after the vessel caught fire on April 16 in Singapore waters, off Pedra Branca. In a statement on April 16, the Maritime and Port Authority of Singapore (MPA) said it was alerted to the blaze on the Layur Anggun (LA8) at 12.50pm. According...

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16Apr

Why is crypto down today? Bitcoin sheds 4.3% in 24 hour trading

Bitcoin (BTC) has declined by 4.3% over the past 24 hours, resulting in a widespread collapse across the broader crypto market, as investors exit the market at breakeven on the back of the recent recovery push. The cryptocurrency market is witnessing a sharp decline following the latest rebound that saw multiple assets record double-digit gains. Bitcoin reclaimed the...

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16Apr

BlackRock’s Bitcoin ETF draws $73m amid sluggish market

BlackRock’s Bitcoin ETF was the only spot Bitcoin fund in the United States to record inflows on Monday, setting it apart from other ETFs that reported no inflows or experienced outflows. According to data from Farside Investors, the iShares Bitcoin Trust (IBIT) recorded net inflows of $73.4 million on April 15, albeit a decrease from the $111.1 million...

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16Apr

Barclays, HSBC and Citi collaborate to pilot tokenized deposits in UK

Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing the tracking of banking payments. In a press release on Apr. 15, the British trade association UK Finance revealed that...

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16Apr

10X Research anticipates significant correction for crypto and stocks

According to Markus Thielen, head of research at 10x Research, risk assets like crypto and stocks could see a “significant price correction” in the coming weeks. Sharing his insights in an April 16 investor note, Thielen wrote that the cryptocurrency market is moving towards a “crucial tipping point,” which could lead to a notable correction in prices....

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15Apr

Binance exec on the run: Nigeria government pursues extradition from Kenya

The Nigerian government has located Binance executive Nadeem Anjarwalla in Kenya after he escaped custody. The government is now hoping to bring him back to Nigeria. Punchng.com, citing sources within the Nigerian presidency working on the case, confirmed that Anjarwalla’s whereabouts in Kenya are known. Efforts are underway to coordinate with Kenyan authorities to return him to Nigeria. Anjarwalla is believed...

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