By Nitya Chakraborty February 2025 is not just the moment of truth for the European nations and NATO members but also time for reckoning for the Global Left and the peace movement which are still sizing up the dimension of the impact of U.S. President Donald Trump’s emergence as a peacenik to end the three […]
By Cihan Tuğal DAMASCUS: As the smoke settles on the fall of Bashar al-Assad’s regime in Syria and its replacement by Islamist leadership under Hayat Tahrir al-Sham (HTS), it is clear that Turkey’s far-right governing bloc has emerged from the tumult strong and emboldened. What is less clear is whether this will mean that Recep […]
By Ben Chacko LONDON: Donald Trump’s demand for a $500 billion “payback deal” forcing Ukraine to hand over control of its natural resources has been exposed by the Telegraph. As the newspaper’s columnist Ambrose Evans-Pritchard notes, proposed terms amount to a more punitive reparations package than was imposed on Germany after World War I. Not […]
By M. A. Hossain & Vishakhajha For decades, U.S. alliances have been the backbone of global stability, fostering economic cooperation and collective security. NATO, economic partnerships with European and Asian allies, and engagement in international organizations have cemented America’s leadership in world affairs. However, under Trump’s second term Presidency, these traditional alliances came under significant […]
By Sushil Kutty It isn’t funny, the Supreme Court choosing to “slam” Ranveer Allahbadia and simultaneously giving him relief against more FIRs. This interim protection, however, comes even as the bench hinted at more trouble for Allahbadia’s incestuous thoughts. For Ranveer Allahbadia, the future looks bleak unless his parents come to his rescue hoping he […]
By Dr. Gyan Pathak With Union Government of India making the appointments of the Chief Election Commissioner of India, and an Election Commissioner under the new law of 2023, while the law itself is pending adjudication in the Supreme Court of India, people’s hopes and fears about independence of Election Commission of India running high. […]
By Anjan Roy Russian president, Vladimir Putin, has already achieved a very big objective of his diplomacy — isolating Europe from the United States. Now with the US President’s latest statement from his clubhouse, Donald Trump seems to have dumped the traditional diplomatic tie up between Western Europe and America. India must take lesson — […]
Fry Networks has launched Fry 2.0, an innovative token model aimed at enhancing the sustainability and fairness of decentralized mining. This development signifies a strategic shift from speculative practices to a framework where mining rewards are directly linked to each network’s practical applications and prospective monetization.
In the Fry 2.0 ecosystem, mining rewards are now distributed through specialized tokens corresponding to specific network contributions, replacing the previous single-token system. This approach ensures that miners receive tokens reflective of their particular inputs, aligning incentives with network expansion and future revenue streams.
The newly introduced tokens include fVPN for bandwidth miners supporting the decentralized VPN network, fNODE for infrastructure nodes bolstering network security, and fSENSOR for IoT and environmental data miners. Each token’s value is intended to be underpinned by the demand for its associated service as the network transitions to monetized rewards, promoting a sustainable and scalable mining environment.
To enhance control and reduce unnecessary emissions, Fry Networks has implemented a manual claiming process for mining rewards. Miners are now required to actively claim their earnings, a measure designed to prevent excessive token distribution, empower miners with greater oversight of their assets, and protect the system from potential misuse. This initiative also aims to facilitate steady and controlled network growth, thereby preserving the long-term value of the mining ecosystem.
The transition to Fry 2.0 reflects Fry Networks’ commitment to constructing a genuine decentralized infrastructure, moving beyond transient trends. By aligning mining rewards with network growth and future monetization, the company seeks to create a more equitable and valuable ecosystem for miners, users, and the broader community.
Fry Networks, a project built on the Algorand ecosystem, aspires to develop a decentralized network comprising multiple decentralized networks. This ambitious vision underscores the company’s dedication to fostering innovation and sustainability within the decentralized infrastructure landscape.
By K Raveendran The controversial circumstances surrounding the appointment of the new Chief Election Commissioner (CEC) have given rise to a sense of distrust between the Congress party and the Election Commission, setting the stage for a difficult and fraught relationship. The tension was further exacerbated when Rahul Gandhi publicly expressed his dissent, effectively institutionalizing […]Young Valens, Dubai’s first dedicated child mental health center, proudly announces its official launch at the renowned 777 Center. Following a successful soft opening on February 1, Young Valens now welcomes families and mental health professionals to its grand opening event on February 24, 2025. This milestone marks a significant advancement in specialized mental health care for children and adolescents in the region. Born from the trusted […]
Hashdex, a prominent asset management firm specializing in cryptocurrency investments, has obtained authorization from the Brazilian Securities and Exchange Commission to introduce the world’s inaugural XRP spot exchange-traded fund in Brazil. This pioneering financial product is poised to provide investors with direct exposure to XRP, the digital asset associated with the Ripple network, marking a significant milestone in the integration of cryptocurrencies into traditional financial markets. The exact date for the ETF’s listing on the Brazilian Stock Exchange is yet to be announced.
The approval of this ETF signifies a notable advancement in the cryptocurrency sector, particularly concerning XRP, which has faced regulatory challenges in various jurisdictions. By facilitating direct investment in XRP through a regulated financial instrument, Hashdex aims to bridge the gap between digital assets and conventional investors, offering a secure and accessible avenue for participation in the burgeoning crypto economy.
Hashdex’s initiative reflects a broader trend of increasing acceptance and integration of cryptocurrencies within mainstream financial systems. The firm’s commitment to providing innovative investment solutions is evident in its previous launches, including ETFs linked to other prominent digital assets. This latest development underscores Hashdex’s role as a trailblazer in the crypto investment landscape, continually expanding the horizons for investors seeking diversified exposure to digital currencies.
The introduction of the XRP spot ETF is anticipated to attract a diverse range of investors, from individuals seeking to diversify their portfolios to institutional entities exploring opportunities in the digital asset space. By offering a regulated and transparent investment vehicle, Hashdex is addressing prevalent concerns regarding security and compliance, thereby fostering greater confidence among potential investors.
While the precise listing date on B3 remains pending, the approval from CVM has already generated considerable interest within the financial community. Market analysts predict that the launch of the XRP spot ETF could influence the valuation and trading dynamics of XRP, as increased accessibility may lead to heightened demand and liquidity.
Stablecoin transactions have witnessed a significant surge over the past year, with the Solana and Base networks emerging as prominent platforms for these digital assets. Solana accounted for approximately $1.8 trillion in new stablecoin volume, while Base facilitated around $1.5 trillion, underscoring their growing influence in the cryptocurrency ecosystem.
The overall stablecoin market experienced remarkable growth, with total transfer volumes reaching $27.6 trillion in 2024. This figure surpasses the combined transaction volumes of traditional payment giants Visa and Mastercard by 7.68%. The expansion reflects a broader shift towards digital financial systems, as users and institutions increasingly adopt stablecoins for various transactions.
A significant portion of this activity is attributed to automated trading bots. In 2024, bot-related transactions constituted approximately 70% of the total stablecoin transfer volume. On networks like Solana and Base, this figure was even higher, with bots accounting for 98% of the volume. These bots engage in high-frequency trading and arbitrage, contributing to the liquidity and efficiency of the markets but also raising questions about market dynamics and the role of automation in trading.
Solana’s rise to prominence in the stablecoin sector is notable. In January 2024, Solana surpassed both Tron and Ethereum to become the most active blockchain for stablecoin transfers. This surge is partly due to Solana’s high throughput capabilities, enabling rapid and cost-effective transactions, which have attracted a growing number of users and developers to its platform. Additionally, Solana’s stablecoin market capitalization experienced a significant increase, reaching $11.7 billion, a 116% rise over a 30-day period. This growth was influenced by various factors, including the introduction of meme coins such as TRUMP and MELANIA, which spurred increased activity and liquidity on the network.
Base, a layer-2 network developed by Coinbase, also demonstrated substantial growth. In the fourth quarter of 2024, Base’s stablecoin transaction volume surpassed that of Ethereum, highlighting the network’s scalability and appeal to users seeking efficient transaction solutions. Base attracted $7.8 billion in stablecoin inflows throughout the year, retaining $3.5 billion as net inflows. This influx indicates a strong confidence in Base’s infrastructure and its potential to support a wide range of decentralized applications and financial services.
The stablecoin supply expanded by 59% during this period, exceeding $200 billion and representing 1% of the total U.S. dollar supply. This increase signifies a growing trust in stablecoins as a medium of exchange and store of value within the digital economy. USDC emerged as the dominant stablecoin for on-chain transactions, accounting for 70% of the total transfer volume. However, its influence slightly waned in the third quarter due to a temporary decline in decentralized finance activity. Conversely, Tether’s USDT saw its total transfer volume more than double, although its market share decreased from 43% to 25% over the year.
The dominance of Ethereum and Tron in hosting stablecoins decreased from 90% to 83%, with networks like Solana, Base, Arbitrum, and Aptos capturing the remaining share. This diversification indicates a competitive landscape where multiple blockchains are enhancing their capabilities to attract stablecoin activity. The shift suggests that users and developers are exploring alternative platforms that offer unique advantages, such as lower fees, faster transaction times, or specialized features tailored to specific applications.
By Ben Chacko LONDON: The geopolitics of Europe are moving. The least we should demand of our elected representatives in Parliament is a frank discussion of that. We have been denied one. When Russia launched its illegal invasion of Ukraine in February 2022, Labour MPs who signed a Stop the War Coalition statement condemning that […]
By Swarati Sabhapandit SOCIAL media influencer Ranveer Allahabadia’s question to a contestant on the online show ‘India’s Got Latent’ has attracted not only public outrage, but systematic response from various State authorities. By mid-February, the Maharashtra Cyber Department had filed a First Information Report (‘FIR’) against Allahabadia, comedian Samay Raina, and other artists from the […]
By Asad Mirza The way the US President Donald Trump literally got enforced his one-man plan for the Gaza Ceasefire and the manner in which he is now trying to organise Peace Talks to get the Russia-Ukraine war ended, are pointers to the future of the American foreign policy. By now the world should have […]
By Sushil Kutty In a special gesture Prime Minister Narendra Modi went to the Indira Gandhi International Airport on Monday and received the Amir of the State of Qatar, Sheikh Tamim Bin Hamad Al Thani. And in another special gesture, because the Amir is extraordinarily tall, security personnel assigned to stand at guard at the […]
By Arun Srivastava RSS chief Mohan Bhagwat returned to Nagpur a disappointed patriarch. His ten day mission to Bengal to find a “credible and charismatic face” who could throw Mamata Banerjee out of power and install a saffron government after 2026 state assembly polls, could not be accomplished. Known as a man of few words, […]
By Dr. Gyan Pathak The data that PM Narendra Modi government has been churning out since 2014 have always been a suspect. Now, by no less a person than PM Narendra Modi’s own Economic Advisor has indicated that many of the data earlier produced even under the Modi regime were “influenced” while chiefly targeting the […]Arabian Post Staff -Dubai Arabian Drilling and Shelf Drilling have signed a memorandum of understanding to establish a strategic alliance aimed at enhancing their international offshore drilling capabilities. This collaboration seeks to leverage the strengths of both companies to offer comprehensive services to a broader clientele and increase their competitiveness in the global market. Under the terms of the MoU, Arabian Drilling will gain access to Shelf […]
By Nitya Chakraborty Eighty years after the end of the Second World War in 1945, Europe, especially Western Europe is in disarray, as their transatlantic ally for eight decades, the United States, is refusing to guarantee the security of the European nations belonging to the NATO under the new Trump doctrine. Earlier, there were differences […]The defence sector is no longer a niche or cyclical play—it is becoming a structural necessity in investor portfolios. With rising geopolitical tensions and global security realignments, the financial case for defence stocks has never been stronger. The surge in defence equities over the past year suggests a fundamental shift, not just a reaction to short-term events. At the Munich Security Conference last weekend, European leaders signalled […]
By L S Herdenia BHOPAL: Bhopal is decorating itself to accord warn welcome to over 100 big industrial magnets who will be in the capital city to attend Madhya Pradesh government sponsored Industrial Summit. The Summit will be inaugurated by the Prime Minister Narendra Modi on February 24. Nearly a hundred distinguished industrialists and chiefs […]
By Shanil Yakoob Almost a month to this day, on January 16, 2025, Andhra Pradesh Chief Minister N. Chandrababu Naidu made a startling proposal. Individuals with fewer than two children, he suggested, should be disqualified from contesting local body elections. This announcement came just two months after his government passed the Andhra Pradesh Panchayat Raj […]
By Kunal Bose The world, much to its disappointment, is seeing the United States of America, which is the world largest economy and mightiest military power, rapidly embracing raw, unrestrained capitalism under the newly inaugurated second-term Presidency of Donald John Trump abandoning all traces of egalitarianism. Induction of Tesla chairman Elon Musk to head the […] 
