A major crypto exchange Bitcoin mistake resulted in the accidental distribution of $44 billion worth of Bitcoin among users, causing chaos in the market and a sharp decline in prices. According to foreign media reports, South Korea-based cryptocurrency platform Bithumb mistakenly transferred 2,000 Bitcoins to individual user accounts due to a technical and operational error. The crypto exchange Bitcoin mistake led to a 17% drop in Bitcoin prices on the platform within hours. Exchange officials clarified that the incident was not caused by hacking or a security breach, but was the result of an internal system error. Bithumb management said…
Author: Web Desk2
WASHINGTON: US President Donald Trump has confirmed that the next round of negotiations with Iran will take place next week, describing the initial talks as positive. Speaking to reporters, Trump said the outcome of Friday’s discussions was encouraging and claimed that Tehran was interested in reaching an agreement with Washington. “Iran wants to make a deal with the United States,” he said, adding that further negotiations would continue in the coming days. The US president noted that Iran appeared more prepared for progress than it was a year and a half ago. At one point, Trump reiterated that he did…
COLOMBO: Pakistan opened their T20 World Cup campaign with a convincing win over the Netherlands, powered by a match-winning performance from Faheem Ashraf at the Sinhalese Sports Club Ground on Friday. After winning the toss, Pakistan captain Salman Ali Agha invited the Netherlands to bat first. The Dutch side were bowled out for 147 in the final over after a disciplined bowling display by Pakistan. Michael Levitt and Max O’Dowd provided a 28-run start for the Netherlands before O’Dowd was dismissed for 5 by Salman Mirza. Levitt scored 24 before falling to Mohammad Nawaz, while Ackermann made 20 and Bas…
ISLAMABAD: The Pakistan Meteorological Department (PMD) has forecast rain and snowfall in several parts of the country, while cold and dry weather is expected to continue in most regions. According to the Met Office, Islamabad is likely to remain cold and dry. Very cold conditions are expected in Murree, Galliyat and surrounding areas. Most districts of Khyber-Pakhtunkhwa will experience cold and dry weather, including Peshawar. However, rain is expected in Dir, Battagram, Torghar, Mansehra, Haripur, Abbottabad, Bajaur, Orakzai, Khyber, Kohat, Hangu, Karak, Bannu, Lakki Marwat, DI Khan, Tank, and North and South Waziristan. Snowfall is also likely over mountains in…
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase in electricity tariffs under the December fuel price adjustment, adding further pressure on consumers. According to an official notification, the power tariff has been raised by 28 paisas per unit. The increase will be reflected in electricity bills for February and will apply to consumers across the country, including K-Electric users. However, lifeline consumers and electric vehicle charging stations have been exempted from the hike and will not bear the additional cost. The Central Power Purchasing Agency had requested a 48 paisa per unit increase in electricity prices…
ISLAMABAD: Funeral prayers for victims of the recent suicide blast in the federal capital were offered on Saturday at Imambargah Khadijat-ul-Kubra and Imambargah Jamia Sadiq, drawing large crowds of mourners. According to officials, funeral prayers for 11 martyrs were held at Imambargah Khadijat-ul-Kubra, while three victims were laid to rest after prayers at Imambargah Jamia Sadiq. A collective absentee funeral prayer for 33 martyrs was also offered. Federal ministers, senior police officials, prominent religious scholars from various schools of thought, political leaders and a large number of citizens attended the ceremonies. Scenes of grief unfolded as the bodies of the…
ISLAMABAD: Authorities have detained four individuals allegedly linked to the suicide bomber involved in the deadly blast at an Imambargah in Islamabad, government sources confirmed on Friday. According to officials, the detained suspects are said to have close connections with the attacker. They have been shifted to an undisclosed location for interrogation as part of an ongoing counter terrorism operation. Special investigation teams comprising counter terrorism officers have been formed to trace facilitators and anyone who may have assisted in planning or executing the attack. Security agencies are working on intelligence related to the attacker’s current and previous hideouts. Raids…
ISLAMABAD: State Minister for Interior Talal Chaudhry on Friday confirmed that the deadly blast at an Imambargah in Islamabad was a suicide attack and claimed it was an act of terrorism carried out by the Balochistan Liberation Army (BLA). Speaking to the media, Talal Chaudhry said law enforcement agencies have obtained key information about the suicide bomber, including details of his travel history to Afghanistan. He added that although the attacker was not an Afghan national, records show he had traveled to Afghanistan multiple times. The minister stated that the incident was reported to the Islamabad administration at 1:42 pm,…
Authorities have identified the suicide bomber involved in the deadly attack near a mosque in Islamabad, officials said. According to government sources, the attacker had received formal militant training in Afghanistan and had travelled there multiple times in the past. Officials claimed that several militant groups operating from Afghan territory continue to pose a serious threat to regional security. Sources added that evidence in previous investigations has pointed to cross-border networks supporting terrorist activities inside Pakistan. They stressed that the nation remains united against terrorism and vowed to continue efforts to eliminate militancy. The identification comes after a suicide blast…
KARACHI: Gold prices witnessed a sharp decline in both global and local markets after two days of gains, recording the third largest drop in history, market sources said. In Pakistan, the price of 24-karat gold per tola fell by Rs21,400, bringing it down to Rs507,762. Similarly, the price of 10 grams of gold dropped by Rs18,347 to Rs435,324. Silver prices also declined, with per tola silver falling by Rs1,430 to Rs7,825. In the international market, gold prices dropped sharply as per ounce gold fell by $214 to $4,850, slipping below the $5,000 mark once again. Market analysts said the decline…
