Early Game Ventures is investing EUR1 million in spacetech startup Orbital Matter, which has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times, Early Game representatives said in a statement.
At least seven volunteers died and six were injured early on Monday when a landslide hit individuals working at a water channel in Gilgit-Baltistan’s (GB) Danyor city, rescue officials said. The devastating impacts of climate change and melting glaciers have become more visible in GB, which has been facing heavy rains since late June. The situation worsened when deadly floods swept across the Babusar area on July 21, causing landslides and damaging infrastructure. So far, 10 deaths have been confirmed across the region, with a dozen tourists missing. Thirteen volunteers, mainly young people, were attempting to restore the water supply in the main water channel from Danyor nullah to Danyor town, which had been damaged due to the recent floods, when the landslide hit at 2am today. “Thirteen volunteers restoring the water supply were buried under the rubble,” Gilgit’s Rescue 1122 said in a statement. Stating the casualties, it said the injured were taken to a hospital. District Emergency Officer (operations) Ab...
Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo. Corporate crypto treasuries have surged past $100 billion, raising concerns among analysts that the United States may one day nationalize some of these holdings in a move reminiscent of the gold standard era. Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth roughly $95 billion by the end of July, representing around 3.98% of the circulating supply. The growing corporate holdings may present a new centralized point of vulnerability for Bitcoin, which may see the world’s first cryptocurrency follow the same “nationalization path” as gold in 1971, according to crypto analyst Willy Woo. Read more
Romania's trade balance posted a deficit of EUR16.7 billion in January-June 2025, higher by 10.7% (+EUR1.61 billion) than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Monday (August 11).