Author: i2wtc

Tom LeeAdam Jeffery | CNBC Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether.Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective Monday. The company also announced a $250 million private placement to implement a buying strategy around ether, which it aims to make its primary treasury reserve asset while continuing with its core bitcoin mining business.Lee’s appointment comes amid a groundswell of interest around stablecoins following the successful…

An Indian defence official has admitted that the country’s air force did “lose some aircraft” on the night of May 7 when they launched an unprovoked attack on civilian sites in Pakistan during the recent 86-hour war between the two nuclear powers. Captain Shiv Kumar, an Indian defence attache, made the statement while speaking at a seminar, ‘Analysis of the Pakistan — India Air Battle and Indonesia’s Anticipatory Strategies from the Perspective of Air Power’ organised by Universitas Dirgantara Marsekal Suryadarma in Indonesia, reported Indian media. Kumar blamed the losses suffered by the Indian Air Force (IAF) on the constraints…

The Pakistan Cricket Board (PCB) on Monday appointed former all-rounder Azhar Mahmood as the acting red-ball head coach of the Pakistan men’s team. In April, after having tested as many as six head coaches without any positive results in key international contests during the past two years for the national team, the PCB again advertised the post. Aaqib Javed, the last interim head coach for both formats who had failed to deliver after performing double duties as selector and coach during the past six months, had left the job following this year’s ICC Champions Trophy held in February-March. “The Pakistan…

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024.Adam Glanzman | Bloomberg | Getty ImagesModerna on Monday said its experimental mRNA-based flu vaccine produced a stronger immune response than a currently available shot in a late-stage trial, clearing a path forward for the product and the company’s separate combination flu and Covid jab.Moderna in May voluntarily withdrew an application seeking approval of its combination shot targeting Covid-19 and influenza, saying it had plans to resubmit it with efficacy data from the phase three trial on its standalone flu vaccine. That decision came after discussions with the Food and…

ISLAMABAD: Prime Minister Shehbaz Sharif has urged the nation to renew its resolve to strengthen parliamentary institutions, uphold democratic values, and ensure that the voices of the people are truly reflected in the lawmaking process. In a message on the International Day of Parliamentarism, he said, “The day is observed every year on June 30 to reaffirm our global commitment to reinforcing democratic institutions.” “The day also celebrates the vital role of Parliaments in promoting inclusive governance, ensuring meaningful representation of women and youth, and embracing technological innovation in legislative practices,” he said. The PM noted, “Our Parliament occupies a…

Pakistan proved their dominance yet again after crushing Japan 79-39 on Monday at the Asian Youth Netball Championship in South Korea. The victory was the fourth consecutive for Pakistan, who now lead Pool B with 8 points. The green shirts were 16-9 in the first quarter before extending their lead to 39-17 by halftime. The score jumped to 60-26 in the third quarter, with the women cruising to 79-39 to end the match. Leya Raza Shah, Alisha Naveed, Haleema, Sarina Hussain, Jasmine Farooq, Farah Rasheed, Amani, Parisa, Sumayya Ahmed and Alina played exceptional roles in securing the team’s victory. Senior…

A China-Europe freight train waits for departure at Beijing International Land Port in Fangshan District of Beijing, capital of China, June 30, 2025.A new China-Europe freight train route linking Beijing to Baku of Azerbaijan was launched Monday. Riding on the “rail-sea-rail” multimodal transport, the payload is scheduled to get across the Caspian Sea by ship, and arrive in Baku in 15 days. (Xinhua/Zhang Chenlin)A China-Europe freight train departs from Beijing International Land Port in Fangshan District of Beijing, capital of China, June 30, 2025.A new China-Europe freight train route linking Beijing to Baku of Azerbaijan was launched Monday. Riding on…

Listen to article RAWALPINDI: Two Indian-sponsored terrorists were killed and two others apprehended by Pakistani security forces during an intelligence-based operation in the Duki district of Balochistan, according to the Inter-Services Public Relations (ISPR). “On 28 June 2025, security forces conducted an intelligence-based operation in Duki District of Balochistan, on the reported presence of terrorists belonging to the Indian proxy, Fitna al Hindustan. During the conduct of operation, own forces effectively engaged the Indian sponsored terrorists’ location, and after an intense fire exchange, two Indian sponsored terrorists were sent to hell, while two terrorists were apprehended,” said an ISPR news release. The…

Listen to article The Pakistan Banks Association (PBA) rejected on Monday misleading assertions in recent press coverage suggesting that government subsidies to banks under remittance incentive schemes serve no economic purpose. Last week, an independent policy institute urged the government to reconsider subsidising profitable banks and instead redirect limited fiscal resources toward growth-focused sectors. The Economic Policy and Business Development (EPBD) think tank issued the call on Friday, the same day the federal Economic Coordination Committee (ECC) was informed that banks had claimed Rs200 billion under the Pakistan Remittances Initiative (PRI) this fiscal year—exceeding the budgeted amount by Rs115 billion. The EPBD…

ANAHEIM: YouTuber-turned-boxer Jake Paul cruised to victory over Mexico’s Julio Cesar Chavez Jr on Saturday in a one-sided cruiserweight bout in California. Paul, whose last fight was a controversial clash with 58-year-old former heavyweight champion Mike Tyson in November, dominated from the outset to win by unanimous decision. The 28-year-old influencer, who has earned millions from a string of lucrative contests in a ring career that has spanned 13 fights, had too much speed and power for Chavez Jr. The three judges at ringside scored the 10-round fight 99-91, 97-93, 98-92 in Paul’s favour. Chavez Jr, the 39-year-old son of…