Construction still in progress in Belem as Brazil readies to host COP30
Heads of state are due to start arriving in the Amazonian city of Belém in a month’s time for the United Nations climate summit, yet much of the in...
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, plunged to multi-month lows on Tuesday amid a broad market sell-off and heightened uncertainty following last week's hack that siphoned $1.5 billion in ether from the crypto exchange Bybit.
Bitcoin, which had been holding above the $90,000 threshold since mid-January, fell as much as 6% to $88,245 - its lowest level since November. Ether experienced an even steeper decline, shedding up to 11% at one point to reach $2,333, marking its lowest price since October.
Market analysts attribute the sharp downturn to a combination of general market volatility and lingering concerns over the recent security breach, which has rattled investor confidence in the crypto ecosystem. As traders continue to digest the implications of the massive hack, the sell-off has exacerbated downward pressure on prices across the board.
The incident at Bybit underscores the ongoing challenges in the cryptocurrency sector, where security issues remain a significant risk. With global regulators and industry stakeholders closely watching developments, the current market instability may prompt further scrutiny of cybersecurity practices within crypto exchanges.
Investors are now bracing for additional volatility in the coming days as the market reacts to both external economic pressures and internal challenges within the crypto industry.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
The currency swap agreement signed between the central banks of Türkiye and the United Arab Emirates (UAE) is set to strengthen Türkiye’s digital banking sector and attract fresh investment from the Gulf.
Shein is opening its first permanent physical stores in France, starting in Paris and expanding to five more cities. The fast-fashion giant aims to test brick-and-mortar retail in one of the world’s most influential fashion markets.
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired according to reports. Despite the surge, experts warn the gains may not last amid rising competition.
American soybean farmers are struggling as China, once their largest buyer, shifts purchases to Argentina amid trade tensions and export incentives.
U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment