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South Korean exchanges Upbit and Bithumb will end trading support for Storj (STORJ), JasmyCoin (JASMY) and ThunderCore (TT) on Sept. 14 after warning-designation reviews found the issues unresolved. Upbit will keep withdrawals open until Oct. 14. ThunderCore disputes the concerns, and Storj Labs remains active despite its Chapter 11 filing.
AI Analysis
The article reports imminent delistings on major South Korean exchanges, which is directly negative for the listed tokens and can pressure short-term trading. It also notes withdrawals remain available for a limited period, but the main event is the loss of trading support.
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DUBAI/WASHINGTON, April 28 (Reuters) - U.S. President Donald Trump is unhappy with the latest Iranian proposal ​on resolving the two-month war, a U.S. official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, ‌fuelled inflation, and killed thousands.
Iran's latest proposal would set aside discussion of Iran's nuclear program until the war is ended and disputes over shipping from the Gulf are resolved.
That is unlikely to satisfy the U.S., which says nuclear issues must be dealt with from the outset, and Trump was unhappy with Iran's proposal for that reason, a U.S. official briefed ​on the president's Monday meeting with his advisers said, speaking on condition of anonymity.
White House spokeswoman Olivia Wales said the U.S. "will not negotiate ​through the press" and has "been clear about our red lines" as the Trump administration looks to end the war against ⁠Iran it began in February alongside Israel.
A previous agreement in 2015 between Iran and multiple other countries including the U.S. sharply curtailed Iran's nuclear program, ​which it has long maintained is for peaceful, civilian purposes. But that deal fell apart when Trump unilaterally withdrew from it in his first term in ​office.
Hopes of reviving peace efforts have receded since the U.S. president scrapped a visit planned for last weekend by his special envoy Steve Witkoff and son-in-law Jared Kushner to Islamabad, the Pakistani capital, where Iranian Foreign Minister Abbas Araqchi shuttled in and out twice during the weekend.
Araqchi also visited Oman and on Monday went to Russia, where he met President Vladimir Putin ​and received words of support from a longstanding ally.
With the warring sides still seemingly far apart, oil prices resumed their upward march, extending gains ​in early Asia trade on Tuesday.
For oil traders, it's not the rhetoric that matters any more, but the actual physical flow of crude oil through the Strait of Hormuz, ‌and right ⁠now, that flow remains constrained," Fawad Razaqzada, market analyst at City Index and FOREX.com, said in a note.
At least six tankers loaded with Iranian oil have been forced back to Iran by the U.S. blockade in recent days, ship-tracking data showed, underscoring the war's impact on traffic.
Iran's foreign ministry condemned U.S. seizures of Iran-linked tankers as "outright legalization of piracy and armed robbery on the high seas", in a social media post.
Between 125 and 140 ships usually crossed in and out ​of the strait daily before the war, ​but only seven have done ⁠so in the past day, according to Kpler ship-tracking data and satellite analysis from SynMax, and none of them were carrying oil bound for the global market.
With his approval ratings falling, Trump faces domestic pressure to end a war ​for which he has given the U.S. public shifting rationales.
Araqchi told reporters in Russia that Trump had requested negotiations ​because the U.S. has ⁠not achieved any of its objectives.
Senior Iranian officials, speaking on condition of anonymity, told Reuters the proposal carried by Araqchi to Islamabad over the weekend envisioned talks in stages, with the nuclear issue to be set aside at the start.
A first step would require ending the U.S.-Israeli war on Iran and providing guarantees that the ⁠U.S. cannot ​start it up again. Then negotiators would resolve the U.S. Navy's blockade of Iran's trade ​by sea and the fate of the Strait of Hormuz, which Iran aims to reopen under its control
Only then would talks look at other issues, including the longstanding dispute over Iran's nuclear program, ​with Iran still seeking some kind of U.S. acknowledgment of its right to enrich uranium.
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April 27 (Reuters) - Afghanistan is at risk of losing more than 25,000 female teachers and health workers by 2030 if the Taliban-led country's ​restrictions on girls' education and women's employment are not lifted, according ‌to a new UNICEF report released on Monday.
The Taliban has banned women from most public sector jobs and limited girls to receiving an education only until the age ​of 12.
These restrictions, according to the report, have already affected at ​least 1 million girls - a figure that is expected to ⁠double by 2030 if nothing changes. UNICEF called on the Taliban to ​lift the ban that it imposed after returning to political power in 2021.
UNICEF's "The ​Cost of Inaction on Girls' Education and Women’s Labour Force Participation in Afghanistan" report found a rapid decline in qualified women entering the teaching and healthcare sectors.
Up to 20,000 ​female teachers and 5,400 health workers could be lost by 2030, ​according to the report, which estimated that this figure is about 25% of Afghanistan's 2021 ‌workforce. ⁠As many as 9,600 health workers could be lost by 2035, it added.
Afghanistan cannot afford to lose future teachers, nurses, doctors, midwives, and social workers, who sustain essential services," UNICEF Executive Director Catherine Russell said. "This will ​be the reality if ​girls continue ⁠to be excluded from education."
Female healthcare workers are required to attend to female patients, and female teachers are preferred ​for girls in gender-disaggregated schools whenever possible, the report ​noted.
The growing ⁠decrease could have at least a AFN 5.3 billion ($84 million) annual economic impact on Afghanistan's economy, according to UNICEF, which added that this is the ⁠equivalent ​of about 0.5% of the country's gross domestic ​product.
Afghanistan's de facto authorities should safeguard skills training and allow women to participate in the ​labor market, UNICEF said.
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A former chief financial officer’s (CFO) attempt to turn his employer’s treasury into a personal cryptocurrency “ yield farm” has ended in a federal prison sentence. Nevin Shetty, the 42-year-old former CFO of Seattle e-commerce unicorn Fabric, was sentenced March 5 to two years in prison for wire fraud after secretly funneling $35 million into a decentralized finance ( DeFi) scheme that collapsed in less than a month
According to a press release by the U.S. Attorney’s Office, Shetty helped draft a strict, conservative investment policy for the company’s hundreds of millions in venture capital. However, in early 2022, Shetty launched a side business called HighTower Treasury. Prosecutors say Shetty’s plan was a classic crypto arbitrage.
After moving $35,000,100 of Fabric’s cash into HighTower, Shetty funneled the funds into DeFi lending protocols—specifically the Terra/Luna ecosystem—which at the time offered annual percentage yields of 20% or more. Shetty planned to pay Fabric a modest 6% “safe” return while pocketing the 14% surplus for himself and his partner.
In the first 30 days, the scheme appeared to work, generating roughly $133,000 in personal profit. However, the gamble turned into a nightmare in May 2022 when the TerraUSD (UST) stablecoin de-pegged, triggering a $40 billion wipeout. Within days, the $35 million Fabric treasury held by Shetty had plummeted in value to virtually nothing.
The loss had significant and severe effects on the company,” U.S. District Judge Tana Lin said during the sentencing. “Your actions threw into complete turmoil the lives of those 60 people (who were laid off) … You almost put the company out of business … You were playing with money that wasn’t yours.”
The financial hole left by the failed crypto bet forced Fabric to lay off 60 employees, a point the prosecution emphasized as “irrevocable damage” caused by Shetty’s greed.
Despite the defense’s argument that Shetty was merely making an “unauthorized investment” rather than committing fraud, the jury found that his “web of lies”—including hiding the transfers from the board and other executives—constituted criminal activity.
He chose high-yield DeFi lending protocols that promised 20% returns,” said First Assistant U.S. Attorney Charles Neil Floyd. “His lies did not fool the jury.”
Shetty’s case marks one of the most significant criminal sentencings involving corporate treasury mismanagement and the volatile DeFi sector to date.
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