Author: i2wtc
Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company’s IPO in New York City, U.S., June 5, 2025. NYSEShares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate’s passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins. Circle, the issuer of the USDC stablecoin, rose 22% following the passing of the bill late Tuesday. It’s the continuation of a remarkable run for Circle’s stock…
A man faces members of security forces outside the Edward R. Roybal Federal building after days of protests against federal immigration sweeps and the deployment of the California National Guard and U.S. Marines, in downtown Los Angeles, California, U.S., June 10, 2025. David Ryder | ReutersPresident Donald Trump’s administration is ordering an additional 2,000 members of the California Army National Guard to the Los Angeles area under federal command, the Pentagon announced late Tuesday.The deployment of additional soldiers was ordered despite the fact that demonstrations against federal immigration enforcement raids across the city have largely dissipated.A spokesperson for the Los…
ISLAMABAD: Judges of the Supreme Court are not passive interpreters of text, rather they are the custodians of liberty, equality, and institutional independence. “[The Supreme Court] is the ultimate guardian of fundamental rights and the final sentinel against executive or legislative overreach,” said a 15-page judgement authored by Justice Syed Mansoor Ali Shah and endorsed by Justice Aqeel Ahmad Abbasi, who is also a member of the constitutional bench. According to the verdict, SC judges are to act with integrity and courage, to resist all encroachments, external or internal, that threaten to erode the autonomy of the judiciary or subvert…
Listen to article ISLAMABAD: The National Assembly Standing Committee on Finance on Tuesday unanimously rejected the proposed 18% sales tax on the import of solar panels, while the government also announced the withdrawal of another controversial measure to increase sales tax on hybrid vehicles, reversing both the anti-environment initiatives. The committee in its meeting, chaired by Pakistan Peoples Party’s (PPP) National Assembly member (MNA) and former finance minister Syed Naveed Qamar, also raised questions on the proposed new bill, the Digital Presence Proceeds Act 2025 but did not announce its judgment. The rejection of the 18% sales tax on import of solar…
Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024.Danielle DeVries | CNBCWomen’s and family health platform Maven Clinic is partnering with smart ring maker Oura, a step forward in the integration of the increasing amount of data being collected by wearable devices and clinical care.As part of the partnership, eligible Maven members will be able to sync the data that their Oura Ring collects with the Maven platform, allowing members of the Maven care team to comb over the Oura-collected data like sleep, stress and activity to provide enhanced health guidance.Maven…
Listen to article ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday set a deadline of 2028 for the expansion of the Pakistan Railways network to strategic Reko Diq and directed for the formation of a ministerial committee to present recommendations about financing requirements in this regard. Shehbaz chaired a meeting on railways upgradation and linking Reko Diq with the rail network. He directed the authorities concerned to link Reko Diq with the railways network by 2028 to meet the requirements of the future transportation and cargo services. The prime minister also directed for forming an inter-ministerial committee to look after the financing matters…
Representations of cryptocurrency Binance are seen in front of displayed Nobitex logo and Iran flag in this illustration taken November 3, 2022. Dado Ruvic | ReutersIran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic.The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said.Pro-Israel hacking group Gonjeshke Darande, or “Predatory Sparrow,” claimed responsibility for the attack and said it would release the exchange’s source code. Elliptic said the exchange was offline at…
Iranian Supreme Leader Ayatollah Ali Khamenei makes the remarks during a ceremony marking the first anniversary of the death of former Iranian President Ebrahim Raisi, who died in a helicopter crash in northern Iran last year, in Tehran, Iran, on May 20, 2025.Anadolu | Getty ImagesIran’s supreme leader, Ayatollah Ali Khamenei on Wednesday threatened the U.S. with “irreparable damage” if Washington follows through with a military strike against the Middle Eastern country.”Any American military entry will undoubtedly be met with irreparable damage,” Khamenei said, according to NBC News reporting. He added that America’s potential involvement in Iran “will 100% backfire”…
Wedbush Securities’ Dan Ives, who launched an artificial intelligence exchange-traded fund this month, sees software as the subcategory to watch within the space.According to Ives, it’s experiencing a “golden age.””Software is going to be driving … a lot of the use cases,” the firm’s global head of technology research told CNBC’s “ETF Edge” this week. “But it’s trying to understand: Who within software? Just because they say ‘AI’ on a conference call doesn’t make them an AI player.”Ives runs the Dan Ives Wedbush AI Revolution ETF, which trades under the ticker IVES. Ives’ goal is to focus on stocks that…
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has called for immediate and sustained efforts to protect land and natural resources for future generations. In her message on the World Day to Combat Desertification and Drought, the CM warned that the unchecked effects of climate change, deforestation and growing water scarcity are rapidly eroding agricultural capacity and degrading soil fertility across Punjab. “Drought is not just a layer of sand, it is the signal of a looming environmental crisis,” she said. Underscoring her government’s commitment to environmental protection, the CM announced that the Punjab government has allocated special funds in the…