Taiwan hit by several quakes again, strongest reaching 6.1-magnitude, no immediate reports of damage

TAIPEI (AFP): Taiwan was hit by a series of at least 10 earthquakes in the early hours of Saturday, with the strongest reaching 6.1 magnitude, according to the island's Central Weather Administration. No tsunami warning reports followed the earthquakes, which triggered mobile phone alarms in capital Taipei, an AFP journalist said, and came just several days...

Timeline: King Charles set to resume duties after cancer treatment

LONDON (Reuters) - Britain's King Charles will return to public duties on April 30 following nearly three months of treatment for cancer, Buckingham Palace said on Friday. The positive news about the king's health comes after a tough start to 2024 for the royal family. Six weeks after the king's cancer diagnosis was revealed in February,...

Andrew Tate human trafficking trial can start, Romania court says

BUCHAREST (Reuters) -The trial of internet personality Andrew Tate on human trafficking charges can go ahead, a Romanian court ruled on Friday, 10 months after he was first indicted, although his representative said he would challenge that decision. Tate was indicted in June along with his brother Tristan and two Romanian female suspects for human trafficking,...

Azerbaijan’s Aliyev rejects criticism over journalists’ arrests

BERLIN (Reuters) - Azerbaijan's President Ilham Aliyev on Friday rejected criticism over the arrests of journalists and said the fact that people had access to the internet meant press freedom was assured. "We must protect our media landscape from external negative influences, just like any other country, and everyone must comply with the laws," Aliyev told...

Crypto liquidations cross $210m with longs accounting for 85%

The cryptocurrency market has witnessed over $210 million worth of liquidations across the board, with long positions accounting for 85% of this bloodbath amid the latest market turmoil. Data from crypto analytics resource Coinglass confirms that market participants have suffered a blow from the recent turbulence, which has triggered a 4% drop in the price of...

Russia pilots new system for tracing crypto-to-fiat links

Russia’s central bank and Rosfinmonitoring pilot a new system to trace connections between crypto transactions and fiat operations. The Bank of Russia alongside Rosfinmonitoring, the country’s main body for financial intelligence, is working on a platform to detect connections between fiat operations and crypto transactions amid efforts to evaluate the size of the local crypto market. According to a report from...

A16z crypto CTO slams memecoins, say they paint ‘risky casino’ narrative

a16z crypto’s CTO, Eddy Lazzarin, warns that memecoins are reshaping perceptions of the market, likening their resemblance to a risky casino. Memecoins are more akin to a “risky casino” than to a useful product, as they badly affect the crypto market by making a series of “false promises,” according to a16z crypto’s CTO, Eddy Lazzarin, who shared his thoughts...

Morgan Stanley brokers could soon pitch Bitcoin ETFs to clients, insiders say

Banking giant Morgan Stanley could soon allow its 15,000 brokers to pitch Bitcoin exchange-traded funds (ETF) to their customers. According to an AdvisorHub report citing executive sources, the bank has only offered these options on an unsolicited basis, meaning that brokers do not explicitly advise investing in Bitcoin ETF. Customers would have to reach out to their advisors...

Spot Ethereum ETFs reportedly facing potential SEC denial

The SEC is anticipated to deny applications for spot Ethereum ETFs following discouraging meetings with issuers. The U.S. Securities and Exchange Commission (SEC) is expected to reject applications for spot exchange-traded funds (ETFs) tied to the price of Ethereum, the second-largest crypto by market value. According to a Reuters report, U.S. financial firms don’t expect spot Ethereum...

CryptoQuant: Bitcoin traders put hold on leveraged bets

The Bitcoin funding rate has gone negative for the first time since October 2023. Citing data from CryptoQuant, the negative rate traders pay to open new long positions in the perpetual futures market underscores the moderation of Bitcoin demand after a record demand for BTC in March. In March, the price of Bitcoin reached a new all-time high at...