Yet More Churches Torched; Sustained Attack On Christianity Gathers Pace

Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown Authored by Shaurya Malwa via CoinDesk.com, Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap. The price of Tether's USDT, the largest dollar-pegged stablecoin, has climbed to more than 8.5% above its dollar value on Indian platforms after a government crackdown on crypto payment firms choked off the token's supply into the country. USDT traded around 102.88 rupees over the...

Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild Treasury Secretary Scott Bessent is reportedly pursuing a pathway to repurpose Iranian assets to compensate Amerca's Gulf allies which have suffered significant damage due to Iran's attacks in the wake of Trump's Operation Epic Fury. Over eighty oil, gas, and vital infrastructure facilities across the Gulf have been hit - with most of the attacks having occurred in March and April - with one recent report estimating up to $58 billion in damage. Iran has sought to justify these...

Why Data Centers Favor On-Site Gas Power Most data center developers opting for on-site gas power say that they see it as a “bridge” solution until a grid connection is secured. Yet economics may favor keeping those assets running even after grid power becomes available. A recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industrial electricity tariffs, making continued generation from on-site assets the cheaper option in many cases.  Marginal generation costs depend on fuel prices and variable operating expenses. BloombergNEF modeled the marginal...