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Crypto thefts in 2024 surpass $1.2 billion

Despite the cryptocurrency industry being plagued by frequent hacks, the month of August witnessed a notable fall in the amount of crypto stolen through hacks and rug pulls, according to a recent report from bug bounty platform Immunefi.

Water crisis arises in Greece due to prolonged drought conditions

Northern Greece is facing a significant water crisis due to prolonged drought conditions exacerbated by successive heatwaves this summer. Like other areas, it has experienced below-average rainfall for up to three years and drought spots on the map of the region have expanded.

NAB Chief: Economic divisions in Australia complicate RBA's task

The chief executive of National Australia Bank Ltd. stated that increasing divisions within the country's economy are complicating the task of setting appropriate monetary policies.

Australia's banking regulator to conduct stress tests on private credit risks

Australia's banking regulator intends to stress test the nation's financial sector to gain a better understanding of the impact of private credit capital flows on other segments of the market.

South Korean court asked Climate Change law to be revised by end of Feb 2026

The court said South Korea's carbon neutrality act, enacted in 2010 and revised later to lay out emissions targets by 2030 and the goal of reaching carbon neutrality by 2050, failed to present "any quantitative levels" for the reduction targets between 2031 and 2049.

BlackRock launches Ethereum ETF in Brazil

BlackRock, the world's largest asset manager, has rolled out its new Ethereum exchange-traded fund (ETF) on B3, one of the leading exchanges in Latin America, to cater to growing investor interest in cryptocurrency in a region known for high adoption rates.

China-Philippines conflict in South China sea

China's aggressive actions escalated tensions in the South China Sea as 40 Chinese vessels blocked Philippine supply ships from reaching a disputed shoal, hindering resupply efforts for Manila's largest coast guard ship, Philippine officials said Tuesday (Aug 27).

CrowdStrike faces $60 Million hit after software update debacle, hopes to regain lost sales pipeline

Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it took a roughly $60 million hit to its sales pipeline last month after its mishandling of a software update caused a technology meltdown that left thousands of people stranded at airports along with other frustrating disruptions.

Gaza ceasefire deal: Phildelphi Corridor becomes sticking point for ceasefire talks

Israeli Cabinet approves staying in Phildelphi corridor. Hamas instructs Palestinian terrorists to return to suicide bombing. The US reportedly promised support for a preemptive Hezbollah strike.

Atlanta Fed Chief Bostic suggests rate cuts are imminent but advocates caution

Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday indicated that with inflation falling further and the unemployment rate rising more than he had expected, it might be "time to move" on rate reductions.

Moody's pegs India's GDP growth at 7.2% for 2024

In a boost to the Indian economy, Moody's Investors Service upgraded its estimate of gross domestic product growth in 2024 to as high as 7.2 per cent from 6.8 per cent.

Revolutionary: MAI Labs introduces KALP Studio, a complete infrastructure for blockchain development

MAI Labs is proud to announce the launch of KALP Studio, a revolutionary platform designed to democratise blockchain and Web 3.0 development for developers of all experience levels.

'Genie' seal found in Jerusalem hints a person Bible mentions was real

An ancient stone seal featuring a winged 'genie' or 'demon' has been discovered in Jerusalem, hinting that a warrior mentioned in the Bible once existed in reality.

Kolkata rape-murder case: Mother of victim slams Mamata Banerjee for 'threatening' protesting doctors

The mother of the junior trainee doctor raped and murdered at the RG Kar Medical College and Hospital has lashed out at Mamata Banerjee after the West Bengal chief minister issued rather threatening remarks towards the protesting doctors.

Fitch Ratings reaffirms sovereign debt rating of India with a stable outlook

Another major development comes as Fitch Ratings has reaffirmed the rating of India's sovereign debt at BBB- while maintaining a stable outlook and pointed to strong growth potential and fiscal credibility for the country in its report dated August 29.

Angelina Jolie gets emotional as her film Maria gets 8-minute standing ovation at Venice

It was an emotional night for Angelina Jolie in Venice. Jolie's movie Maria dominated the second night of the 81st Venice Film Festival. On Thursday (Aug 29), the biographical drama, which premiered at the Sala Grande Theater, received a roaring response from the audience.

Why has German inflation posted a surprise drop to 2% in August?

According to a report by CNBC, the harmonised German consumer price index eased to 2 per cent in August, preliminary data from the country’s statistics office Destatis said Thursday.

Volcano that hasn't erupted in 800 years is showing signs of magma activity

A volcano in Alaska that has not erupted in 800 years is showing signs of imploding. Scientists say that the volcano considered dormant can erupt any time now and have warned people to stay away from it.

Bangladesh leader from ex-PM Hasina’s party found dead in India

A major leader from deposed Bangladesh Prime Minister Sheikh Hasina's party was found dead in India’s north-eastern state of Meghalaya. Local police said the body of Awami League party leader Ishaque Ali Khan Panna was retrieved not far from the Bangladesh border.