Binance releases 18th proof of reserve

Binance, crypto’s largest exchange, disclosed reserve increments across the top five digital assets by market cap despite a slump in prices over the past month. The Binance proof-of-reserve (PoR) reported an excess backing of at least over 104% for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB, and Solana (SOL). “When we say Proof of Reserves, we are specifically...

Starknet Foundation launches $5m grant program

The Starknet Foundation announced the launch of a $5 million grant program for 200 crypto project teams. According to the Starknet Foundation team, this initiative aims to provide 200 crypto project teams with funding of up to $25,000 in USDC to accelerate the growth of the Starknet ecosystem. The Starknet Foundation aims to support projects that have already developed a minimum...

MoonPay, BitPay partner to simplify crypto transactions

MoonPay, a web3 fintech firm, and BitPay, a crypto payments platform, have teamed up to simplify crypto transactions, aiming to make the process smoother. MoonPay announced via social media that the partnership would enable easier and faster crypto sales, streamlining how users transfer cryptocurrency to their bank account or debit card. The integration aims to simplify the digital finance landscape...

AstraZeneca to withdraw Covid-19 vaccine globally as demand dips

NEW YORK: AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its Covid-19 vaccine due to a "surplus of available updated vaccines" since the pandemic. The company also said it would proceed to withdraw the vaccine Vaxzevria's marketing authorizations within Europe. "As multiple, variant Covid-19 vaccines have since been developed there is a surplus of...

Chinese zoo starts ‘panda dog’ enclosure with dyed chow chows

BEIJING (The Straits Times/ANN): Two “panda dogs” have been delighting and perplexing visitors of a zoo in China since a dedicated enclosure opened to the public on May 1. Videos of the animals posted online confused netizens, some of whom mistook them for real pandas, with others asking whether “panda dog” was a real breed. And while...

Thailand welcomes 12 million tourists in four months – Malaysians second biggest group after Chinese visitors

BANGKOK (The Nation Thailand/ANN): Thailand has welcomed more than 12 million foreign tourists during the first four months of this year, the Tourism Authority of Thailand (TAT) has announced to the media. The TAT said 12,127,447 foreign tourists entered Thailand from January 1 to April 30, an increase of 142.87% from the same period last year. According...

‘I am stepping down as PM but I am not stopping work!’, says Singapore PM Lee

SINGAPORE (The Straits Times/ANN): Prime Minister Lee Hsien Loong said that while he is stepping down from his role soon, he will continue to remain in the Government and serve as an MP. Singapore will have a new prime minister from May 15, when Deputy Prime Minister Lawrence Wong takes over the role. Noting that several people...

‘Tsar’ Putin tells the West: Russia will talk only on equal terms

MOSCOW (Reuters) - Vladimir Putin, honoured like a Russian tsar at his swearing-in for a new six-year presidential term, had a double-edged message for the West: the Kremlin is ready to talk but Russia is girding for victory in Ukraine. Putin, who rose to the top of the Kremlin just eight years after the fall of...

Kevin Spacey overturns UK ruling in sex assault case over lawyers’ mistake

LONDON (Reuters) - Oscar-winning U.S. actor Kevin Spacey on Tuesday overturned a London court ruling which effectively found him liable for an alleged sexual assault on a British man, after his lawyers mistakenly failed to serve a defence to a civil lawsuit. Spacey is being sued at London's High Court by a man, who cannot be...