Crypto’s gold standard claims are fading fast | Nils Pratley

The US-focused shakeout in financial markets has at least given us clarity on one point: bitcoin is not “digital gold” or a “store of value”, to mention two grand claims made about the cryptocurrency when its price was going up.At $37,000, the late-afternoon level on Tuesday, bitcoin has fallen by 22% since the start of … Read more

Ontario securities regulator slams Binance after crypto exchange claims it can continue operating there

Ontario securities regulator slams Binance after crypto exchange claims it can continue operating there

Binance users in Canada are getting mixed signals on whether the exchange can or cannot operate in the country. On December 29, Binance users in the province of Ontario began flagging updates they had been receiving from the exchange. The updates, which representatives for Binance have confirmed as authentic to The Block, say that they no … Read more

Treasury Claims Economic Risk From Crypto Stablecoins Requires Congressional Action

Treasury Claims Economic Risk From Crypto Stablecoins Requires Congressional Action

A separate Fed report issued last month stated that the risk of stablecoins to the U.S. economy is on par with the threat from tensions with China and climate change.A top official at the Treasury Department responsible for financial oversight charged Congress with taking quick action to regulate stablecoins due to their perceived risk to … Read more

Cryptocurrencies: Crypto world claims digital currency is panacea but truth somewhere in between: CEA KV Subramanian

Cryptocurrencies: Crypto world claims digital currency is panacea but truth somewhere in between: CEA KV Subramanian

NEW DELHI: Chief Economic Adviser (CEA) KV Subramanian says a distinction needs to be made between crypto as an asset and crypto as a currency. Across time, only currencies issued by sovereigns have got legitimacy. What provides currency a credence is the fact that it is backed by a sovereign, he said in an interview … Read more

Facebook takes down Chinese network behind fake Swiss biologist Covid claims | Meta

Facebook’s owner has taken down a Chinese misinformation network that attempted to spread claims about coronavirus using a fake Swiss biologist.Meta, the parent organisation of Facebook and Instagram, said it had taken down more than 600 accounts linked to the network, which it said included a “coordinated cluster” of Chinese state employees.Meta said the network … Read more

Why Social Security retirement claims have not surged amid Covid-19

Why Social Security retirement claims have not surged amid Covid-19

A Social Security Administration office in San Francisco.Getty ImagesOne of the most immediate effects at the onset of the Covid-19 outbreak early last year was an upheaval in the workforce.Now, almost two years later, data suggests only one cohort of older workers accelerated their retirement plans — those ages 70 and up.Consequently, there has likely … Read more

Alleged crypto scams, sex offenses, unpaid bills: The claims against Moshe Hogeg

Moshe Hogeg, Israeli businessman and Beitar Jerusalem owner, seen at the team's training ground in Jerusalem on June 25, 2019. (Flash90)

Moshe Hogeg, the owner of the Beitar Jerusalem soccer club and an at-times celebrated entrepreneur and investor, has faced his fair share of legal troubles in recent years. The 40-year-old Tel Aviv resident has been sued numerous times since 2018, both in the US and in Israel, for allegedly misleading and defrauding investors and partners … Read more

US claims 2019 airstrike that hit Syrian women and children was justified | US news

The US military has confirmed for the first time a 2019 airstrike in Syria that killed up to 80 people, mostly women and children, but claimed the strike was justified as it killed Islamic State fighters who were attacking coalition forces.The confirmation from US Central Command followed a report by the New York Times in … Read more

COVID-19 claims 11 more lives

COVID-19 claims 11 more lives

On Wednesday, according to the latest statistics released by the National Command and Operation Centre (NCOC), Pakistan has reported 11 more coronavirus deaths and 561 fresh cases in the last 24 hours (Tuesday). After adding the fresh 561 cases, the number of total infections reaches 1,274,578. However, the overall death toll now surged to 28,477. … Read more

crypto: Celebs endorsing crypto firms must check claims or face action: ASCI head

crypto: Celebs endorsing crypto firms must check claims or face action: ASCI head

Celebrities must do their due diligence before endorsing cryptocurrency companies as they could be held accountable for misleading claims, Subhash Kamath, chairman of the Advertising Standards Council of India told ET. This comes amid an ad blitz by crypto companies such as CoinSwitch Kuber, CoinDCX and others during the ongoing T20 World Cup. The ads, … Read more

Group that spread false Covid claims doubled Facebook interactions in six months | Facebook

An international pressure group that spread false and conspiratorial claims about Covid-19 more than doubled the average number of interactions it got on Facebook in the first six months of 2021 in spite of renewed efforts to curb misinformation on the platform, according to a report.Pages owned by the World Doctors Alliance – a group … Read more

Covid-19 claims another two lives – Newspaper

Covid-19 claims another two lives - Newspaper

ISLAMABAD: Two patients lost their battle against Covid-19 while 60 more contracted the virus during the last 24 hours in the federal capital and Rawalpindi. The weekly positivity rate in Islamabad dropped to 1.39pc compared to 1.56pc reported during the previous week. District Health Officer Dr Zaeem Zia said the infection ratio had fallen in … Read more

Turkmenistan claims it hasn’t had a single Covid-19 case. Activists say that’s a lie

Turkmenistan claims it hasn't had a single Covid-19 case. Activists say that's a lie

Or at least, that’s what the central Asian country’s secretive, authoritarian government claims. But independent organizations and journalists and activists outside Turkmenistan say there’s evidence the country is battling a third wave which is overwhelming hospitals and killing dozens of people — and warn the President is playing down the threat of the deadly virus … Read more

Nicki Minajs fans back rappers Covid 19 jab claims by marching at CDC HQ

Nicki Minajs fans back rappers Covid 19 jab claims by marching at CDC HQ

Web Desk September 18, 2021 Nicki Minaj’s fans lent their support to the rapper’s shocking Covid-19 vaccine claim by marching at the Atlanta HQ of the Centers for Disease Control and Prevention (CDC). The protest saw more than a dozen supporters backing Nicki’s claims, which includes that a cousin’s friend was left impotent after the vaccine. … Read more