Jerusalem: Atop air strikes, displacement and hunger, an unprecedented water crisis is unfolding across Gaza, heaping further misery on the Palestinian territory’s residents. Gaza was already suffering a water crisis before nearly 22 months of war damaged more than 80 percent of the territory’s water infrastructure. “Sometimes, I feel like my body is drying from […]
Verb Technology is raising $558 million and rebranding as TON Strategy Co., becoming the first public company to hold Toncoin as a treasury asset. Verb Technology Company's stock skyrocketed more than 200% intraday on Monday after it announced a $558 million PIPE deal and a pivot toward crypto. The social commerce company said it plans to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve vehicle for Toncoin (TON), the native token of Telegram’s blockchain ecosystem. The offering included about 58.7 million shares and pre-funded warrants priced at $9.51. Investor enthusiasm around the company’s move into crypto sent the stock soaring to a high of $29.33 before settling to about $27 at time of writing, according to Google Finance. Read more
CHILAS: The body of a man who went missing in 1997 has been discovered on a melting glacier in the Kohistan mountains of Gilgit-Baltistan, exposed nearly three decades later due to climate change-induced ice melt. The remains were found in the Lady Meadows area of Palas, Kohistan, and identified as those of Naseer Uddin, who […]
An Indian army officer brutally tortured airline staffers in Indian illegally occupied Jammu and Kashmir (IIOJK) over a dispute of excess baggage. According to SpiceJet, its two employees were seriously injured in the attack by the Indian army officer. “SpiceJet strongly condemns the violence against its employees and will pursue this matter to its fullest […]