Romania's Finance Ministry raised RON1.1 billion from banks on Monday (December 8), selling government paper in two auctions, at annual average yields of 6.90% and 6.61%, respectively.
In his first address as the chief of defence forces (CDF), Chief of the Army Staff (COAS) Field Marshal Asim Munir on Monday hailed the newly instituted CDF Headquarters as “historic”, stating that it would better integrate the three armed services — the army, navy and air force — to keep pace with the dynamics of future threats. Addressing a ceremony at GHQ, the newly-appointed CDF emphasised the need for a formal arrangement for tri-services integration and synergy and highlighted that the armed forces have to remain aligned with new aspects of warfare, according to the Inter-Services Public Relations (ISPR). The CDF highlighted emerging spheres in warfare, such as cyberspace, the electromagnetic spectrum, outer space, information operations, artificial intelligence and quantum computing, which Pakistan needs to keep up with. Service chiefs and senior military officials attend an address by newly appointed Chief of Defence Forces Field Marshal Asim Munir at General Headquarters in Rawalpindi on December 8. ...
Brevis has launched ProverNet, a ZK-proof marketplace where provers can earn by computing proofs and apps can buy proving capacity. Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC (USDC) stablecoin as the native settlement currency. Still, Brevis plans to move to the yet-to-be-launched BREV token when ProverNet comes out of beta and launches mainnet. On mainnet, the system will also introduce prover staking and slashing for “misbehavior or missed deadlines.” Read more
Samsung Electronics has announced in a press statement the appointment of Jaesung (James) Kim as President of Samsung Electronics Romania and Bulgaria (SEROM).
XRP analysts highlighted the potential to rebound to $2.65 as institutional demand increased and derivatives traders flipped bullish. XRP (XRP) price is up 3% in the past 24 hours and 15.5% from its Nov. 21 low to $2.10 on Monday. This sets it up for further gains backed by several fundamental, onchain and technical factors. Key takeaways: XRP’s new all-time highs are in play, backed by increasing institutional demand and bullish trader sentiment. Read more