•
In a groundbreaking move for the Women’s National Basketball Association (WNBA), Canadian news outlet CBC and CNN’s newsgathering partner have revealed plans for the addition of an expansion franchise in Toronto. According to sources close to the matter, the ownership group will be led by Toronto billionaire Larry Tanenbaum of Kilmer Sports Inc., with…
•
In light of recent developments, here’s an updated version of the article: (Bloomberg) — Saudi Arabia’s Crown Prince Mohammed bin Salman is set to embark on a rare foreign trip, travelling to Japan later this month. The De facto ruler’s meeting with Japanese Prime Minister Fumio Kishida is scheduled from May 20 to May…
•
According to a report by ATTOM, the percentage of mortgaged homes that were seriously underwater increased slightly in the first quarter of 2024, with 2.7% of all residential mortgages falling into this category. Serious underwater mortgages are defined as those with a loan-to-value ratio of 125% or more, indicating that homeowners owe at least…
•
In the rapidly evolving world of Web3 and digital finance, the adoption of cryptocurrency and the use cases for smart contracts have gone beyond Satoshi Nakamoto’s initial vision of “peer-to-peer electronic cash.” These technologies now serve various purposes, including facilitating human coordination, memes, institutional-grade financial products, and yacht clubs, among others. While these use…
•
Drift, a Solana-based decentralized exchange (DEX), is set to launch its DRIFT governance token through an airdrop to its users in the coming weeks, according to information on its website and sources close to the matter. The new token follows a three-month points program that attracted traders, borrowers, lenders, and airdrop farmers to Drift,…
•
During her upcoming trip, scheduled for next week, the United States Energy Secretary, Jennifer Granholm, will visit both Saudi Arabia and the United Arab Emirates. The aim of her travels is to advance efforts related to climate change and other important matters. According to an administration official, this visit is simply a continuation of…
•
In response to Japanese regulators ordering LY Corp., the operator of the popular messaging app Line, to decrease its reliance on Naver, the South Korean partner in the venture, the South Korean government has pledged to safeguard its enterprises working abroad. The conflict involving Naver’s 50% holding in LY, a partnership with SoftBank, emerged…
•
The crypto industry has faced little regulatory attention until recently, with some countries opting for passive approaches through enforcement rather than creating clear frameworks to differentiate good actors from bad. However, as the industry has matured, incidents such as repeated setbacks and reputational damage caused by rogue players have become increasingly common. As a…
•
Kgothatso Ngako, a former software developer for Amazon, created the app Machankura, which allows users in Africa to send and receive bitcoin using the Lightning Network, without requiring a smartphone or internet connection. Before launching Machankura, Ngako founded Exonumia, an organization dedicated to translating Bitcoin literature into African languages. With over 15,000 users across…
•
In a world dominated by digital natives, Gen-Z women are navigating unprecedented territory. Born into a world where social networks are as integral as oxygen, these individuals have mastered the use of technology to present themselves authentically, interact with others, and build their online presence. Yet, as the appeal of endless possibilities and worldwide…