Justice Jamal Khan Mandokhail questioned the PTI’s decision to merge with the Sunni Ittehad Council (SIC) during last year’s elections as the Supreme Court’s constitutional bench (CB) heard review pleas against a ruling that had declared the main opposition party eligible for reserved seats. In its July 12, 2024 short order, eight out of 13 judges ruled that 39 out of a list of 80 MNAs were and are the returned candidates of the PTI, setting it to emerge as the single largest party in the National Assembly. However, the ruling had not been implemented by the National Assembly, while the Election Commission of Pakistan (ECP) had raised some objections. The review petitions against the SC order had been filed by the PML-N, the PPP and the ECP. An 11-member CB led by Justice Aminuddin Khan resumed the hearing today after Justices Ayesha A. Malik and Aqeel Ahmed Abbasi had dismissed the review petitions on the first day of hearings. The CB live-streamed its proceedings for the first time today, after accepting th...
Fake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet. Key takeaways In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages. Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft. Read more
Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research. Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market, possibly signaling BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including US President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing a larger role, according to market analysts. Read more