The United Nations urged states to better manage one of humanity’s shared resources on Wednesday during its first meeting on water security in nearly 50 years. According to the U.N., half of the world’s population lacks access to basic sanitation,… Read More ›
Day: March 23, 2023
Following Regulator Claims, Co-Founder Of Ethereum Insists That Ether Is Not A Security And Compares It To Oil
Joseph Lubin, the co-founder of Ethereum, blasted regulators for comparing the ether cryptocurrency to a security, claiming that it is more comparable to a commodity like oil. At Paris Blockchain Week on Thursday, Lubin stated he was “quite certain” ether… Read More ›
Troubled Chinese Real Estate Firm Evergrande Places Plans For Debt Restructuring
Evergrande, a troubled Chinese real estate behemoth, has unveiled plans to restructure $20 billion in offshore debt, which might serve as a template for other suffering developers. According to the company, the actions will aid in “efforts to resume operations… Read More ›