THE Supreme Court (SC) reaffirmed a 2017 executive order (EO) on Tuesday that accelerates approvals for energy initiatives deemed of national importance, rejecting a legal challenge presented by environmental proponents. The SC, convened en banc, dismissed a request aimed at obstructing EO No. 30, which simplifies the permitting process for Energy Projects of National Significance (EPNS) by creating the Energy Investment Coordinating Council (EICC). The decision, authored by Justice Maria Filomena D. Singh, indicated that the EO falls within the president’s authority to reorganize governmental structures and hasten administrative procedures. The challengers, Quezon for Environment, asserted that EO 30 surpasses…
Autore: wsjcrypto
Update April 15, 9:17 am in UTC: This article has been revised with information throughout.Binance, KuCoin, MEXC, and additional exchanges and wallet providers have been facing operational challenges due to a major network disruption by Amazon Web Services (AWS).Centralized cryptocurrency exchanges (CEXs) were affected by an outage at an AWS data center, which indicated “connectivity problems” that impacted at least 12 of its services on April 15.AWS Service health. Source: Health.aws.amazon“We are observing preliminary signs of recovery, but we will keep monitoring and work toward complete restoration. Other AWS services are also affected by this situation and are also witnessing…
The technology behemoth Meta has received approval from the European Union’s data authority to develop its artificial intelligence models utilizing openly shared content from its social media platforms.Posts and comments from adult users across Meta’s array of platforms, which include Facebook, Instagram, WhatsApp, and Messenger, along with inquiries directed at the company’s AI assistant, will now serve to enhance its AI models, Meta stated in a blog entry dated April 14.The organization indicated that it’s “essential for our generative AI models to be trained on a wide array of data to grasp the remarkable and varied nuances and intricacies that…
In the United States, the twentieth century commenced with a concentration of authority that supplanted essential components of the American liberty tradition with a fresh interpretation of federal power. Attendees of the 1910 Jekyll Island Conference penned the Federal Reserve Act, enacted in 1913, which created the Federal Reserve, the US Central Bank. The Fed was entrusted with the dual mission of maintaining low inflation and high employment, and the primary instruments at its disposal were regulation of the money supply and manipulation of the money price through the federal funds rate. It wasn’t long before the Fed faced its…
PHILIPPINE automotive sales ascended by 7.6% in March as consistent commercial vehicle sales balanced a double-digit decline in passenger car sales, an industry report indicated. A collective report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) revealed that new vehicle sales rose to 40,306 units in March, up from 37,474 units in the same month a year prior. Compared to the previous month, car sales also increased by 2.9% from 39,164 units sold in February. “Vehicle sales have continued to rise but are starting to stabilize on a year-to-date basis, aligning…
Trusted Editorial material, examined by prominent industry professionals and experienced editors. Ad Disclosure In a statement released earlier today, the Japanese company Metaplanet disclosed it has obtained an additional 319 Bitcoin (BTC), elevating its total corporate inventory to over 4,500 BTC. This revelation comes during a time when the global cryptocurrency market remains challenged amid the intensifying trade conflicts. Metaplanet Acquires Additional 319 Bitcoin The corporate adoption of Bitcoin continues to increase as the Tokyo-listed firm Metaplanet announced the augmentation of its treasury by 319 BTC. The digital currency was obtained at an average rate of $83,147 per coin. After…
South Korea is broadening a prohibition on digital asset companies’ applications serving its citizens. On April 11, the nation’s Financial Services Commission (FSC) disclosed that 14 cryptocurrency exchanges were restricted on the Apple store. Included in the impacted exchanges are KuCoin and MEXC.The announcement, which became public on April 14, indicates that the prohibited exchanges were reportedly functioning as unregistered foreign virtual asset operators. The announcement also mentions that the Financial Information Analysis Institution (FIU) will persist in advancing the prohibition of the apps and online sites of such operators to avert money laundering and harm to users.The demand to…
Reasons to have confidence Robust editorial guidelines prioritizing precision, significance, and neutrality Developed by professionals in the field and thoroughly evaluated The premier benchmarks in journalism and publication Robust editorial guidelines prioritizing precision, significance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Analista de criptomonedas Titan of Crypto ha planteado la posibilidad de que el precio de Bitcoin se eleve hasta alcanzar los $137,000. El analista destacó un patrón optimista que indica que la criptomoneda insignia puede alcanzar esta meta de precios…
THE GOVERNMENT announced that it will welcome South Korean firms involved in electronic manufacturing services and semiconductor production services, electric vehicles (EV), advanced agriculture, and renewable energy sectors aiming to invest in the Philippines. In a post on social media, the Philippine Economic Zone Authority (PEZA) stated that it participated in the Philippine delegation for the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) roadshow in South Korea from April 6-8. “The focal point of the mission was the Philippine Business Forum, co-organized by the Philippine Embassy in Korea and The Korea…
The OM token of Mantra (OM) underwent a significant rebound after experiencing a 90% drop over the weekend, following proactive measures from the project’s team in response to accusations of a rug pull scam.OM surges 200% as co-founder addresses issuesAs of April 14, OM was priced as high as $1.10, reflecting nearly a 200% increase from its post-crash low of $0.37 just a day earlier.OM/USDT daily price chart. Source: TradingViewThe rebound was triggered after Mantra addressed the escalating accusations of a rug pull.Co-founder JP Mullin assured the community that the project is still operational, noting that the official Telegram group…