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9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay

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Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their payments, or just because they did not want to continue operating. Power Fee […]

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Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

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Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium. Powell’s Comments Correlate With $543 Million Bitcoin Inflow, Coinshares Observes According to Coinshares, digital

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This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles

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This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However, it wasn’t all sunshine and roses, as Telegram founder and CEO Pavel

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Russia to start using cryptocurrency for international transactions on September 1st.

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Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could lead to the establishment of crypto trading platforms if successful. Legislation was recently passed to legalize crypto mining and

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China gets HQ-9B air defense weapon with 8-missile upgrade

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The Chinese People’s Liberation Army [PLA] Central Theater Command has announced a new variant of the HQ-9B long-range air defense system. Recent images reveal HQ-9Bs in a new setup, featuring transporter-erector launchers now equipped with a smaller, lighter class of surface-to-air missiles. Impressively, these launchers can carry up to eight missiles. Initially, HQ-9s were only

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Spain reclaims Turia M-34 minehunter after four-year refit.

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The Spanish media recently reported that after nearly four years of meticulous refit work in Cartagena, the minehunter Turia M-34 is once again operational with the Spanish Navy. The restoration project, initiated in December 2020, kicked off with a partnership between Navantia and the Navy, backed by a substantial budget of 25 million euros. During

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Russia launches missile and drone attacks on Ukraine

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Ukraine’s military has reported large-scale Russian missile and drone attacks across the country, including the capital Kyiv. Local authorities confirmed explosions in the Northwestern city of Lutsk, where an apartment block was damaged. Regional officials stated that at least three people were killed in the attacks on August 26, with casualties reported in Lutsk in

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African Development Bank, African Union Launch Landmark Initiative to Eradicate Malnutrition Across Africa

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The inaugural two-day consultation for the West Africa region, held in Dakar, Senegal, marks the beginning of an ambitious journey to develop Africa’s first-ever Multisectoral Nutrition Policy Framework (MNPF) DAKAR, Senegal, August 25, 2024/ — The African Union Commission (AUC) and the African Development Bank Group’s (www.AfDB.org) African Leaders for Nutrition (ALN) initiative, in collaboration

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US begins engineering-technical support for RAAF Apache choppers

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Bulgarian military The Australian government has committed $300 million to Boeing to provide premier engineering and technical support for its fleet of 29 Apache helicopters. Announced on August 23, this purchase will see both Boeing and Lockheed Martin fulfilling the order. Photo credit: Boeing “Australia is one of our most crucial allies,” says the DSCA. “Its strategic position

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Ukrainian strikes hit Russian ammunition depot

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Ukrainian forces struck a Russian ammunition depot near the town of Ostrogozhsk in the Voronezh region of Russia. The attack, which reportedly involved drones, led to a series of detonations that continued into the early morning hours. The governor of Voronezh Oblast, Alexander Gusev, confirmed the incident, stating that the region was targeted by unmanned

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