Browsing: Featured News

In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks seeking to offer custody services for Bitcoin and other cryptocurrencies. The decision, announced Thursday, reflects

The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move, reflecting a cautious pivot towards monetary policy normalization, comes amid signs of sustained inflation

US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a 30-year fixed mortgage reached 7.04% last week, marking the highest level since May 2024, according

A severe storm named Éowyn has brought extreme weather conditions to the United Kingdom and Ireland, disrupting travel and power supplies across the region. Winds reaching speeds of up to 113 mph (182 km/h) and heavy rainfall have prompted authorities

The European Union has relocated its upcoming informal defence summit from Limont Castle in Liege to the Egmont Palace in Brussels, citing security considerations. The meeting, scheduled for 3 February, marks the first European summit since the inauguration of U.S.

Amazon announced it will close all seven of its warehouses in Quebec, Canada, over the next two months, eliminating approximately 1,700 full-time jobs and 250 temporary positions. The company said the decision was part of an operational review aimed at

Global investment management firm Calamos has launched a groundbreaking Bitcoin-focused exchange-traded fund (ETF) that offers 100% downside protection against the cryptocurrency’s notorious price volatility. The ETF, which began trading on Wednesday, combines U.S. Treasury bonds and Bitcoin-linked options to provide

Maintaining a healthy waist circumference and engaging in regular physical activity significantly reduces cancer risk, according to a groundbreaking study funded by the World Cancer Research Fund. The research, involving over 315,000 participants, marks the first comprehensive analysis of how

Former U.S. President Donald Trump has unveiled a groundbreaking private-sector initiative involving a $500 billion investment in artificial intelligence infrastructure. The announcement, made on Tuesday alongside key figures from OpenAI, Softbank, and Oracle, marks one of the largest technology ventures

French authorities are warning about the growing prevalence of “erectile honey,” a dangerous black-market product containing a mix of honey and erectile dysfunction medications like sildenafil or tadalafil. This illicit product, often marketed in small sticks or vials, has flooded