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Crypto

Former UK prime minister says Britain in structural economic stagnation, backs bitcoin

Former British Prime Minister Liz Truss said Britain has been stuck for decades and blamed the country's long-term stagnation on currency debasement and flawed monetary policy. She said inflation and new money issuance have driven down the pound's value and that the current financial environment has increased interest in bitcoin. Truss warned the system is designed to tighten centralised control through regulation and taxation and argued bitcoin can counter that trend.

Games & Commerce

Com2uS launches TheMileS 5G plan for 'Com2uS Pro Baseball'

Com2uS said on Monday it is working with brand-specific telecom service provider TheMileS to launch a dedicated 5G plan for its Korea Baseball Organization (KBO) League mobile baseball game series, 'Com2uS Pro Baseball'. Pre-orders begin on Monday through Miles Club, with an official launch set for May 6. The plan comes in two tiers, Light and Plus, and offers Naver Pay point benefits during the pre-order period and game items for subscribers.

Crypto

XRP futures volume surges to $4 billion as short liquidations spike during brief rebound

XRP is seeing concentrated liquidations of short positions during a recent rebound, raising the chance it will post its first monthly gain this year. Over the past 24 hours, $5.33 million of $7.77 million in liquidations came from shorts, with short liquidations accounting for 68.5 percent, CoinGlass data showed. XRP futures volume rose to $4 billion, led by Binance. XRP is trading at $1.39, up about 5.4 percent on the week.