Author: MNK News
Namada, the layer-1 blockchain platform and shielded asset hub, has announced that community member Ether Gavin has outlined a proposal to reward Coin Center donors with the native token NAM. In an announcement on December 17, Namada revealed that Gavin’s governance proposal aims to initiate a public goods funding campaign, which would airdrop NAM tokens to donors of the blockchain advocacy group Coin Center. The initiative is set to coincide with the holiday season. If the Namada community supports the proposal, the L1 blockchain will airdrop between 1 and 2 million NAM tokens to Coin Center. This allocation would represent…
LAHORE: Test cricketers Hasan Ali, Mohammad Amir, and Saim Ayub, along with Pakistan international Usama Mir, have been promoted to the Platinum category for next year’s edition of the HBL Pakistan Super League (PSL), the country’s cricket board announced on Tuesday. The quartet, who previously belonged to the Diamond category, will now feature among the league’s top-tier players. In addition to the promotions, the Pakistan Cricket Board confirmed the category renewals for 87 local players across the six franchises. Key players Imad Wasim, Naseem Shah, Shadab Khan (Islamabad United), Fakhar Zaman, Haris Rauf, Shaheen Shah Afridi (Lahore Qalandars), Iftikhar Ahmed,…
Sebastian Siemiatkowski, CEO of fintech company Klarna, believes that AI has the capability to perform all jobs currently done by humans, leading to a halt in hiring at the company despite advertising job openings on its website. Critics say the company continues to bring in workers on green cards as it cuts established employees and builds AI tools. Business Insider reports that in a recent interview with Bloomberg TV, Klarna CEO Sebastian Siemiatkowski expressed his strong belief in the potential of AI to replace human workers across various industries. The head of the Swedish fintech company, which offers “buy now,…
Topline Nissan Motor and Honda Motor plan to enter negotiations for a merger that will likely include Mitsubishi Motors, a deal intended to help the newly formed company compete in the growing electric vehicle market, the Japanese publication Nikkei reported Tuesday. Negotiations for the Japanese automakers come amid growing competition in the electric vehicle … [+] market.Getty Images Key Facts Nissan and Honda are considering operating under a holding company and will soon sign a memorandum of understanding, though their stakes in the newly formed entity have yet to be decided, according to Nikkei. Both Japanese automakers plan to include…
(Bloomberg) — Gold held a decline ahead of the Federal Reserve’s upcoming rate decision, with traders watching for clues about next year’s monetary-policy path. Most Read from Bloomberg Bullion was steady near $2,647 an ounce, after slipping 0.2% in the previous session, as traders awaited the US central bank’s final policy meeting for the year later on Wednesday. While markets widely expect officials to announce another quarter-point cut, what will happen in 2025 isn’t clear as policies by the incoming Donald Trump administration may hinder further easing. Fed policymakers may adjust their language in the post-meeting policy statement and raise…
One luckless trader lost $10,000 buying Pudgy Penguins’ PENGU tokens shortly before the NFT-tied airdrop. Let it snow, or so an unlucky trader thought when they tried to front run the Pudgy Penguins crypto airdrop on Dec. 17. While the Pudgy Penguins (PENGU) token surged over $3 billion in market cap just hours after debuting, one investor bought the coin at a ridiculous $14 trillion capitalization. Their initial $10,000 investment turned into less than $3 within minutes, according to on-chain data and community observers. From $10k to $3, PENGU trader sunk by iceberg Following the on-chain data, an unknown trader…
New Chipotle CEO Scott Boatwright reportedly wants to “modernize” the restaurant with robots working in the kitchen. “It is my endeavor to really modernize the kitchen,” Boatwright told Yahoo Finance. “It’s been exactly the same for 30 years.” Boatwright added that automating Chipotle’s kitchen will be crucial to expanding the company, which reportedly has a goal of hitting 7,000 locations from its current 3,600. Last year, Chipotle and Hyphen, a company seeking to automate meal production in the foodservice industry, introduced a digital makeline, which involves a burrito bowl or salad traveling on a conveyor belt while the system automatically dispenses each ingredient. The…
Topline The Academy announced shortlists of potential nominees in 10 key categories Tuesday, a crucial step on the road to the Academy Awards and a potential indicator of who might get nominated ahead of the Oscars ceremony in March, as French crime musical “Emilia Pérez” and Broadway adaptation “Wicked” lead the pack. “Emilia Pérez” is expected to get multiple shortlist mentions. (Photo by HENRY NICHOLLS / AFP) … [+] (Photo by HENRY NICHOLLS/AFP via Getty Images)AFP via Getty Images Key Facts “Emilia Pérez” was named to six shortlists, the most of any film, including the International Feature Film category as…
(Bloomberg) — Oil steadied after a two-day drop as an industry report signaled a sizeable drawdown in US commercial crude inventories. Most Read from Bloomberg Brent crude was above $73 a barrel after shedding 1.8% over the prior two sessions, with West Texas Intermediate near $70. The American Petroleum Institute said US stockpiles shrank by 4.7 million barrels last week, which would be a fourth straight decline if confirmed by official figures later Wednesday. Crude has traded in a narrow band for the past two months, supported by geopolitical tensions in the Middle East and Europe, and the threat of…
You can now access Apple’s answer to Google Street View on the web. As 9to5Mac reports, Apple has enabled Look Around for the beta version of Apple Maps on the web, letting you literally look around and explore the cities where it’s available. The company has a full list of “Look Around” locations on its website, and it includes select cities in the US, Japan and several countries in the European Union. To start exploring a place on your desktop, you only have to click on the binocular icon at the bottom left corner of the map. Like on Street…