Author: hyvemedia
Coinbase is calling on U.S. regulators to lift the longstanding prohibition preventing Securities and Exchange Commission (SEC) staff from buying, selling, or using cryptocurrencies that are not classified as securities. In letters dated April 22, Coinbase’s Chief Legal Officer Paul Grewal addressed both SEC Chair Paul Atkins and the U.S. Office of Government Ethics, arguing that the current restrictions hinder regulators’ ability to effectively oversee the rapidly evolving cryptocurrency industry. Current Policy Limits Regulatory Effectiveness, Coinbase Says Grewal emphasized that the policy is particularly problematic given the current political environment. Under a recent executive order by President Trump, the SEC…
Ethereum (ETH) is staging a strong comeback this week, with prices rebounding sharply as investor sentiment improves and Wall Street shows renewed interest in the world’s second-largest cryptocurrency. The price of Ethereum climbed to around $1,800, marking a 30% surge from its lowest point earlier this year. This rally, which mirrors a broader recovery across the crypto market, has helped push Ethereum’s market capitalization to nearly $220 billion. Investor sentiment has also shown a notable turnaround. The Crypto Fear and Greed Index, a closely watched gauge of market mood, has risen from an extreme fear reading of 18 to a…
XenDex is making waves across the crypto community as its $XDX token presale surpasses a major milestone, filling more than 20% of its allocation within the first 24 hours. Following the strong start, crypto analysts are now predicting a full sellout within just 10 days. The early surge in demand has captured the attention of investors, crypto whales, and especially XRP enthusiasts, all eager to secure their share of what is quickly becoming one of the most talked-about DeFi projects on the XRP Ledger. XenDex stands out by being the first decentralized exchange on XRPL to integrate AI-powered copy trading,…
In less than a decade, short-form video has transitioned from a quirky internet trend to the dominant force shaping global digital culture. At the heart of this seismic shift is TikTok—a platform that has not only redefined how content is consumed, but has also revolutionized marketing, entertainment, and social interaction across the world. The Rise of TikTok: From Musical.ly to Global Powerhouse TikTok’s story begins with Musical.ly, a lip-syncing app popular among teens, founded in 2014. In 2017, Chinese tech company ByteDance acquired Musical.ly and merged it with its own short-video app, Douyin, to form what we now know…
First Lady Madam Sajidha Mohamed attended the inauguration of the “Fahi Sihhath Health Fair” on Friday, marking World Health Day at Artificial Beach. Organized in collaboration with the Maldives National University (MNU), the World Health Organization (WHO), and the United Nations Children’s Fund (UNICEF), the one-day event highlights the importance of promoting healthy lifestyles and building resilient communities. Speaking at the opening ceremony, MNU Vice Chancellor Dr. Aishath Shehenaz Adam emphasized that the fair aligns with President Dr. Mohamed Muizzu’s vision for a healthier society. Dr. Shehenaz noted that the campaign showcases how collective action against non-communicable diseases and active…
The Ministry of Fisheries and Ocean Resources has held high-level discussions with senior officials from the Saudi Fund for Development (SFD), aimed at accelerating the development of critical infrastructure in the Maldives’ fisheries sector. The consultations were a central feature of the Saudi Fund delegation’s ongoing visit to the country. According to the Ministry, the talks centred on enhancing key infrastructure needed to support and modernise the fishing industry, a vital economic pillar of the Maldives. The discussions also included a review of ongoing projects supported by the Saudi Fund, with an emphasis on strengthening their impact and identifying new…
President Dr Mohamed Muizzu will embark on an official visit to Malaysia from April 27 to 30, 2025, at the invitation of Malaysian Prime Minister His Excellency Anwar Ibrahim. This marks President Muizzu’s first official visit to Malaysia, underscoring the growing importance of the Maldives–Malaysia relationship. Accompanied by a high-level delegation comprising Cabinet Ministers and senior government officials, the visit aims to deepen longstanding diplomatic and economic ties between the two countries. During his stay, President Muizzu will hold official talks with Prime Minister Anwar Ibrahim, focusing on strengthening bilateral cooperation, discussing regional and global developments, and identifying new opportunities…
President Dr Mohamed Muizzu has reaffirmed the Maldives’ commitment to gender equality and digital innovation by spotlighting the critical role of women in shaping the nation’s digital future. In a message marking International Girls in ICT Day 2025, the President stressed that investing in women’s education and professional development in the information and communication technology (ICT) sector is both a social and economic imperative. Under this year’s global theme, “Girls in ICT for Inclusive Digital Transformation,” President Muizzu emphasised that empowering young women in the digital space will not only promote gender equity but also catalyse inclusive growth and resilience…
President Muizzu Reaffirms Maldives’ Commitment to Multilateralism on International Day of Diplomacy for Peace President Dr Mohamed Muizzu has reiterated the Maldives’ unwavering commitment to multilateralism, calling for strengthened international cooperation to tackle the mounting global challenges threatening peace and sustainability—particularly those facing Small Island Developing States (SIDS). In a message marking the International Day of Multilateralism and Diplomacy for Peace, President Muizzu underscored the urgency of collective action in an era marked by geopolitical tensions, rising inequality, and a rapidly worsening climate crisis. He stressed that global cooperation is no longer optional—it is essential. “Multilateralism is not just a…
International development aid from official donors saw a significant setback in 2024, marking the first decline after five consecutive years of growth, according to preliminary data released by the Organisation for Economic Co-operation and Development (OECD). The report highlights a 7.1% decrease in Official Development Assistance (ODA) in real terms compared to 2023. The total ODA provided by member countries of the OECD’s Development Assistance Committee (DAC) amounted to USD 212.1 billion, representing 0.33% of their combined Gross National Income (GNI). The decline was primarily attributed to reduced contributions to international organisations, decreased aid for Ukraine, lower humanitarian assistance, and…
