Latvian PM resigns over response to Ukrainian drone incursions

Latvian Prime Minister Evica Silina resigned after a political crisis sparked by a Ukrainian drone bound for Russia that accidentally entered Latvian territory. She fired Defense Minister Andris Sprouz after two drones crashed in eastern Latvia last week, criticizing his response and appointing his replacement. In protest, Spruez’s Progress Party withdrew its support for Silina’s…

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Bank of England ready to water down ‘overly conservative’ stablecoin proposals: FT

The Bank of England (BOE) will relax proposed restrictions on stablecoin holdings, amid pressure from digital asset industry players, the Financial Times reported on Thursday. Deputy Governor for Financial Stability Sarah Breeden said the central bank’s initial plan to limit individual holdings to a maximum of 20,000 pounds ($27,000) per coin may have been “too…

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Oilers reportedly fire Kris Knoblauch after seeking permission from Golden Knights to interview Bruce Cassidy

Edmonton Oilers head coach Kris Knoblauch is leaving, TSN’s Ryan Rishaug reports. The news comes after Frank Seravalli reported earlier this week that the Oilers had sought permission from the Vegas Golden Knights to interview Bruce Cassidy. Knoblauch, 47, succeeded Jay Woodcroft in November 2024 and immediately turned things around, leading Edmonton to back-to-back Stanley…

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US agents arrest tourist after video shows a rock hurled at endangered Hawaii monk seal’s head

A tourist was widely condemned in Hawaii after a witness recorded him throwing a coconut-sized rock at Lani, a beloved endangered Hawaiian monk seal on a Maui beach, after being arrested by federal agents on Wednesday. Igor Mykhaylovych Lytvynchuk, 38, of Covington, Washington, was charged with molesting a protected animal, the U.S. Attorney’s Office in…

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Taiwan considers resubmitting request for rejected defence budget items

TAIPEI, May 14 (Reuters) – Taiwan’s government said on Thursday it was considering resubmitting its request to Congress given the importance to Taiwan’s security of items that lawmakers cut from the special defense budget. Taiwan’s opposition-controlled parliament last week approved only two-thirds of the $40 billion special defense budget requested by President Lai Ching-te to…

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Coinbase (COIN) backs Hyperliquid (HYPE) stablecoin push as DeFi trading volumes climb

Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of the fastest-growing exchange networks for cryptocurrencies, by becoming the official vault deployer of USDC on the blockchain, the company announced Thursday. The move gives Coinbase a central role in managing USDC liquidity on Hyperliquid through the network’s Aligned Quoted Assets (AQA) framework. The system…

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