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Cryptoverse: Miners trudge through post-halving world May 28, 2024 10:03AM

By Medha Singh and Lisa Pauline Mattackal

With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds (ETFs) stealing investor capital, it's been a tough year for bitcoin miners.    

Marathon Digital and Riot Platforms, among the biggest U.S.-listed miners, have dropped about 10% and 33% respectively so far this year, even as bitcoin has climbed 60% year-to-date to $67,859, after hitting a... (continue reading...)


Palestinian President's spokesperson calls new Israeli strikes on Rafah a massacre May 28, 2024 10:02AM

DUBAI (Reuters) - The Palestinian president's spokesperson, Nabil Abu Rudeineh, described new Israeli strikes on Rafah on Tuesday as a massacre, and called for the implementation of a World Court decision ordering Israel to halt its offensive on the city.

Israel has kept up its offensive despite a ruling by the top U.N. court on Friday ordering it to stop, saying the court's ruling grants it some scope for military action in Rafah. The court also... (continue reading...)


Exchange operators re-enable routing for Members Exchange after brief pause May 28, 2024 09:53AM

(Reuters) - Several exchange operators on Tuesday re-enabled routing to Members Exchange (MEMX) after disabling it for a brief period.

MEMX Equities delayed the opening of its pre-market session to 08:45 a.m. ET as the stock exchange encountered an issue. It did not clarify what the issue was.

The exchange normally starts its pre-market trading session at 7:00 a.m. ET, according to its website.

The New York Stock Exchange... (continue reading...)


Malta's ex-PM Muscat faces corruption charges in court May 28, 2024 09:47AM

VALLETTA (Reuters) - Maltese prosecutors on Tuesday formally charged former prime minister Joseph Muscat with corruption over a 2015 public health contract as hundreds of supporters cheered for him outside a courthouse in Valletta.

The 50-year-old former Labour leader, in office from 2013 to 2020, pleaded "absolutely not guilty" to a list of charges including money laundering, soliciting bribes and criminal association.

His former chief... (continue reading...)


Baby found dead in stricken migrant boat heading for Italy May 28, 2024 09:45AM

LAMPEDUSA, Italy (Reuters) - The body of a five-month-old baby was found on Tuesday when some 85 migrants heading for Italy from Tunisia were rescued from distress at sea, according to a Reuters witness.

The infant girl, her mother and 4-year-old sister were in an unseaworthy boat laden with migrants that had set off from Sfax in Tunisia two days earlier bound for Italy, according to charity group SOS Humanity.

SOS Humanity workers aboard... (continue reading...)


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