World Liberty Financial (WLFI), a decentralized finance venture backed by President Donald Trump’s family, has launched its stablecoin USD1, pegged to the US dollar and backed by short-term US government treasuries. The launch comes as the market cap for dollar-backed stablecoins has grown over 46% in the past year. The new stablecoin will be available … Read more
The US government is facing growing opposition over its plans to introduce steep fees targeting Chinese-linked ships entering American ports. Industry groups and experts have slammed the proposals as “disruptive” and counterproductive, citing concerns about shipping disruptions and ripple effects on global trade. During a hearing in Washington on Monday, representatives from several maritime organizations, … Read more
Prince Harry has quit charity Sentebale amid reports of “unthinkable” infighting among its trustees. Established by Harry in 2006, the African charity co-founded with Prince Seeiso of Lesotho, is now facing a crisis. The decision follows a breakdown in relationship between the board and its chair, creating an unbearable situation for all parties involved. Source: … Read more
Gophers’ coaching staff moves again, this time for new recruit David Roddy, who joins the program amidst changes in recruiting landscape. David Roddy, a 6-foot-5 power forward, has signed with the University of Minnesota despite being offered by several other programs. The 2022 NBA draft pick said he was drawn to Gophers head coach Niko … Read more
Chinese electric vehicle (EV) maker BYD has reported a 29% increase in revenue for 2024, surpassing rival Tesla. The Shenzhen-based firm’s annual revenue reached 777 billion yuan ($107bn; £83bn), driven by sales of its hybrid vehicles. This marks a significant milestone for the company, which has also launched a lower-priced car to compete with Tesla’s … Read more
USC women’s basketball star JuJu Watkins will miss the remainder of the NCAA tournament due to a torn ACL in her right knee, according to team sources. The injury occurred during the Trojans’ second-round game against Mississippi State. Watkins was fouled and fell to the floor while driving to the basket on a fast break. … Read more
Apple TV+ has released a 10-episode series called “The Studio,” offering a fresh perspective on modern Hollywood. The show is set in the fictional Continental Studios, where head of production Matt Remick (played by Seth Rogen) struggles to balance creative vision with commercial demands. Through its humor and satire, “The Studio” tackles the existential crisis … Read more
A British man who contracted COVID-19 in April 2022 remains severely ill five years later. James’ partner says he lives in darkness and pain, with expensive treatment his only hope for recovery. The case highlights the struggles of long Covid sufferers, with over 200 symptoms and no approved treatments. However, some people can recover, like … Read more
A Chinese woman, Liu Zhenya, has been deported from Taiwan back to China after she posted online praise for Beijing’s ambitions to conquer the self-governing island democracy by force. The move comes as part of a harder line against those who maintain Taiwanese passports or permanent residency while also cheering China’s plans. Liu, a full-time … Read more
When athletes engage in prolonged endurance activities like marathons, their brains may resort to “eating” its own fatty tissue for fuel. According to a recent pilot study, the brain’s myelin sheath, which helps neurons send messages efficiently, can be reused and recycled when glucose levels are low. Researchers analyzed the brains of 10 marathon runners … Read more