The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the ‘epic fraud’?

Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and built…

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Silver price today: Silver crosses Microsoft’s m-cap to become fifth-largest asset in the world; check details

Silver has evolved from a stable commodity to become one of the most significant and monitored assets globally. (AI image) Silver price today: Silver has surpassed Microsoft to claim the spot of fifth-largest asset globally by market capitalisation, establishing a significant milestone for this precious metal. The performance of silver in 2025 has been notable….

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Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

Russia’s oil exports crashed to their lowest point since the Ukraine war began, weighed down by buyers moving away from Moscow amid tightened US sanctions and Kyiv’s escalating attacks. In its latest assessment, the International Energy Agency (IEA) noted that Russian oil exports declined by 420 kb/d in November, pulling total shipments down to 6.9…

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IMF slaps Pakistan with 11 more conditions! $7 billion bailout on line; total regulations stand at 64

The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target long-standing…

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Gold price prediction: What’s the gold outlook for December 12, 2025? Here’s what investors should do

Gold’s intraday technical structure points toward a possible pullback from overbought levels. (AI image) Gold price prediction today: Gold prices are showing signs of exhaustion, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends selling if the gold prices slip below Rs 1,32,300:Gold futures on MCX witnessed a sharp rally…

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Rough November for Elon Musk’s Tesla: US sales sink to nearly 4-year low; cheaper EV versions fail to spark demand

Tesla’s latest attempt to revive demand in the United States faltered in November, with the company posting its weakest monthly sales in nearly four years, despite rolling out cheaper versions of its most popular electric vehicles. Exclusive figures shared with Cox Automotive, cited by Reuters show that US sales fell to about 39,800 units, a…

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