Commonwealth News
FTX chief Sam Bankman-Fried says Bitcoin has no future as a payments network
Crypto billionaire and FTX founder Sam Bankman-Fried criticise the crypto "proof of work" system. According to him, cryptocurrency is inefficient in verifying millions of transactions with its high energy costs and climate impact. “The bitcoin network is not a...
Pakistani activist receives Commonwealth Points of Light Award
Commonwealth Points of Light Award recognises the extraordinary efforts of Pakistani lawyer and activist, Tahera Hasan, for promoting the well-being of orphaned and abandoned children. Founder of Imkaan Welfare Organisation, Hasan runs a shelter in Karachi with nearly...
Commonwealth signs MoU with the International Islamic Trade Finance Corporation
In a virtual ceremony, the Commonwealth Secretariat and the International Islamic Trade Finance Corporation (ITFC) sign a Memorandum of Understanding (MoU) to collaborate on key focus areas of development such as digital trade and e-commerce, women empowerment, SMEs...
Charles & Keith joins cryptocurrency and metaverse race
Singapore's fashion retailer Charles & Keith launches cryptocurrency as a payment mode on its eCommerce platform. This new offering caters to customers with cryptocurrencies who are seeking additional channels to make purchases from their investments. Read the...
Nauru Constitution Day
The Republic of Nauru is the third smallest island nation in the central Pacific Ocean. This public holiday is celebrated with an annual national athletics carnival, the President's state banquet as well as parades and various competitive events between the nation's...
New Zealand sets $357 mn to help pay for cleaner cars to reduce emissions
New Zealand plans to spend about $357 million on a trial basis to reduce emissions. It will include subsidies for businesses to curb emissions, offering only green buses by 2035 and improved options for cyclists and pedestrians. Read the original article here:...