Blog

I Will Use Nukes!!

Putin promises to build up his nuclear arsenal and launch hypersonic missiles as the conflict in Ukraine heats up. President Vladimir Putin has stated that Russia will continue to build […]

The American Chernobyl

Ohio Residents Fear for their Health and Safety as Toxic Chemicals Spew Out from Derailment Site President Joseph Biden has come under fire for how he handled the chemical disaster […]

Tesla New California HQ

The American electric car and clean energy startup Tesla plans to establish California as the center of its global engineering operations. Elon Musk, the CEO of Tesla, made the statement […]

Qantas Reports Profits

The largest airline in Australia, Qantas Airways, reported a record profit for the first six months of the fiscal year. Despite the high cost of tickets, the airline made close […]

Is Russia Alone?

Antonio Guterres Denounces Russia On the one-year anniversary of Russia’s invasion of Ukraine, UN Secretary-General Antonio Guterres delivered a stirring speech denouncing the assault and urging an end to the […]

S&P 500 Falls Again!!!

On Wednesday, the S&P 500 fell for the fourth straight session as Wall Street as a whole closed down. Notwithstanding the latest monetary policy direction from the US Central Bank, […]

BUSD Paxos’ Headache

The U.S. Securities and Exchange Commission (SEC) has criticized Paxos, a regulated stablecoin issuer, over its stablecoin, BUSD, which is used by cryptocurrency exchange Binance.  In response to the news that the SEC has sued Paxos over BUSD, Binance’s BNB token plunged from $310 to $290, according to a Twitter thread by cryptocurrency YouTuber Crypto Jargon.  Although BUSD does not use the name or branding of Binance, the exchange does use it. According to Binance, Paxos will continue to oversee the redemption of BUSD and is governed by the New York State Department of Financial Services. The SEC’s claim that BUSD is an unregistered security has, however, led to the peg of the coin falling. Read More: The S&P 500 Fell for the fourth straight session BUSD is not associated with Binance other than by name, and new BUSD will not be […]