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Showing posts from July, 2025

India Explains the Main Agenda For BRICS 2025 Summit

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Ahead of the BRICS 2025 summit, India’s Prime Minister Narendra Modi is on a 5-nation tour to Ghana, Namibia, Trinidad and Tobago, Argentina, and Brazil. His last stop is in Rio de Janeiro to attend the 17th summit on July 6 and 7. In a first, India revealed the main agenda for the BRICS 2025 summit which other members kept under wraps. The statement provides meaningful insights on what the alliance could discuss at the upcoming 2-day summit in Brazil. Also Read: BRICS To Discuss Rare Earth Supply & Exports at 2025 Summit BRICS 2025 Summit: India Reveals the Main Agenda in Rio de Janeiro Source: BSMedia BRICS member India confirmed that the 2025 summit in Rio de Janeiro will see discussions on a balanced multipolar world order. The alliance is aiming to cut ties with the US and Western financial order and seek a multipolar financial world. The bloc has made it clear that it is not against the US but only wants to strengthen its economies. “ As a founding member, India is committed...

Darknet market Abacus may be gone for good after BTC move

Online drugs marketplace Abacus Market has either been seized by US authorities or is performing an exit scam on its users following questionable bitcoin (BTC) transfers, according to Darkweb Informer.  The darkweb news blog first highlighted a BTC transfer on June 30 that was reportedly made as Abacus went down with DDOS issues and the “malfunctioning” of link directory Daunt. Informer also noted that Abacus was experiencing problems with deposits failing to appear. Informer and vxdb, another cybercrime news reporter, both claimed it wasn’t a good look, with Informer speculating that it’s a sign of a “possible exit scam in process.” Abacus’s issues were addressed on the Reddit-style darkweb forum Dread by Abacus’s CEO, “Vito,” who claimed his site experienced an increase in traffic since another drug site Archetyp was shuttered by Europol .  Abacus Market is either fedded or exit scamming, take your choice… you would be a fool to continue using this market if it...

REX Shares To Launch First US Solana Staking ETF Tomorrow

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The first Solana staking ETF (exchange-traded fund) that will track the price of SOL and deliver staking yields to investors will begin trading on July 3, according to REX Shares. “Coming Wednesday: The First-Ever Staked Crypto ETF in the U.S.!” the firm said in a June 30 X post. SEC Has No Further Comments On REX Shares Solana Staking ETF The X post by REX Shares comes after the US Securities and Exchange Commission (SEC) informed the firm that it had “no further comments” on the Solana staking ETF filing jointly submitted by REX Shares and Osprey Funds.  The product, which is officially titled the REX-Osprey Solana and Staking ETF, would be the first US ETF to offer investors SOL exposure alongside staking rewards.  That is made possible through the ETF’s structure under the Investment Company Act of 1940 using a C-corporation format that allows staking income to flow directly to investors without triggering any regulatory red flags arou...