Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound. Ozzy Osbourne’s death at 76 on Tuesday sparked a surge in the non-fungible token (NFT) market as fans rushed to own a piece of the heavy metal icon’s legacy through his CryptoBatz collection. Within hours of the announcement of his passing, the floor price of his CryptoBatz NFTs briefly surged by more than 400%, from under 0.02 Ether (ETH) to as high as 0.08 ETH, according to OpenSea data. At current market prices, the peak floor price for a CryptoBatz NFT was $295 at 8:00 pm UTC on Tuesday, according to CoinGecko. Read more
Balochistan — Pakistan’s largest and most resource-rich province — rarely makes headlines, and when it does, it’s often for tragic reasons: bombings, attacks on passenger buses, targeted killings, enforced disappearances, arrest of activists, or political upheavals. In recent years, another deeply troubling issue has pushed its way into the spotlight — a rise in gender-based violence and ‘honour’ killings. While such violence has long haunted the province, the proliferation of smartphones, internet access, and social media have made it increasingly difficult to keep these crimes hidden. Over the weekend, one such incident sparked nationwide outrage: a harrowing video emerged online, showing a woman and a man being killed by a group of men in the outskirts of Quetta — reportedly in the name of honour. At a press conference on Monday evening, while sharing details of the so-called honour-based killing, Balochistan’s Chief Minister Sarfaraz Bugti disputed reports that the victims were a newly married couple. “Th...
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. South Korea’s Financial Supervisory Service (FSS) advised local asset managers to avoid excessive exposure to crypto firms. According to a Wednesday report by The Korea Herald, the FSS verbally instructed local asset managers to limit exposure to crypto firms. The report cited Coinbase and Strategy stock as examples. The guidance was reportedly informal and advisory. The impact was also limited because passive exchange-traded funds (ETFs) operating in South Korea cannot easily remove specific stocks without changes approved by index providers. Read more