Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction…
Australian Police Crack Down on Syndicate Stealing Bitcoin ATMs and Collector Cards
Australian police have unearthed a significant trove of stolen items, dubbed an “Aladdin’s cave,” following a crackdown on a local crime syndicate accused of targeting cryptocurrency ATMs and collector card…
Tether and Guinea Forge Partnership to Develop Blockchain Technology
Tether, the issuer of the major stablecoin, has announced a new partnership with Guinea, aiming to explore the integration of blockchain and peer-to-peer technologies in the country. On February 17,…
New MiCA Guidelines Set Competence Standards for Crypto Industry Staff
The European Securities and Markets Authority (ESMA) has issued a consultation paper on February 17, outlining proposed guidelines to assess the knowledge and competence of staff at crypto asset service…
DOGE’s Push for IRS Access Raises Privacy Concerns
The Department of Government Efficiency (DOGE) is seeking unprecedented access to the Internal Revenue Service’s (IRS) highly sensitive taxpayer data. This move is part of DOGE’s broader initiative to streamline…
Vance Sparks Controversy at Munich Conference with Critique of European Democracy
The Munich Security Conference, attended by global defense and security officials, took an unexpected turn as U.S. Vice President JD Vance delivered a strongly-worded critique of European democratic institutions. Held…
GameStop Shifts Focus to Cryptocurrency Investments
GameStop, the American video game retailer, is making headlines with its strategic pivot toward cryptocurrency investments. In December 2023, the company’s board approved a new “investment policy,” positioning itself to…
Trump Closes Entries to Government Worker Buyout Program
The Trump administration’s controversial buyout program, aimed at reducing the number of US government employees, officially closed to new resignations on Wednesday evening. This decision came after a judge lifted…
TikTok Workarounds Surge as Users Turn to VPNs and Sideloading
In a surprising turn of events, Americans are increasingly turning to virtual private networks (VPNs) and sideloading techniques to access TikTok, despite potential bans looming over the app. TikTok, a…
UK Responds Cautiously to US Tariff Announcement on Steel
The United States has announced a 25% tariff on steel and aluminium imports, effective from March 12. The move aims to reduce foreign dependency and bolster domestic production, impacting key…
Shopify Shuts Down Ye’s Controversial Swastika T-Shirt Site Following Super Bowl Ad
Shopify has swiftly disabled a website promoted by rapper Ye that was selling swastika-imprinted t-shirts. The site remained active until Tuesday morning, but Shopify took action when the site’s owners…
Google Maps Updates Gulf of Mexico to Gulf of America Following Trump’s Order
In response to an executive order from President Donald Trump, Google Maps has updated its naming of the Gulf of Mexico to the Gulf of America. This change, which took…
Trump Reaches New Approval Heights Amid Divisive Policy Opinions
In a recent CBS News/YouGov poll, 53% of U.S. adults expressed approval of President Donald Trump’s job performance in office, marking one of his highest approval ratings in his decade-long…
South Africa President Seeks Musk’s Help to Resolve Trump Land Conflict
South Africa finds itself in the midst of a heated international debate following the enactment of a new land reform law by President Cyril Ramaphosa. The legislation, which allows for…
Trump incorrectly states Canada prohibits U.S. banks
U.S. banks have been operating in Canada for over a century, contributing significantly to the financial landscape. Contrary to recent claims, these banks have long maintained a substantial presence in…
Controversy Surrounds Musk’s Leadership of Government Efficiency Department
The National Security Counselors, representing federal employees and whistleblowers, has launched a lawsuit against the Department of Government Efficiency (DOGE) led by Elon Musk. The legal action stems from a…
Trump Pauses Trade Measures for Canada and Mexico
In a significant development in U.S.-Canada trade relations, President Donald Trump announced a pause on planned tariffs for imports from Canada and Mexico for at least 30 days. This decision…
Putin Praises Trump’s Tariffs as Europe Faces Economic Turmoil
Russian President Vladimir Putin commended President Donald Trump on Sunday, expressing confidence that his second administration would “restore order” in Europe amidst rising tensions caused by Trump’s new trade tariffs.…
EU Enforces Groundbreaking AI Regulations as Compliance Deadline Passes
The European Union has officially enacted its landmark AI Act, which entered into force in August 2024. This pioneering legislation aims to regulate artificial intelligence technologies, particularly addressing applications deemed…