Recently inaugurated, Freeport Indonesias smelter in KEK Gresik caught in fire

JAKARTA. The sulphuric acid refinery unit, a part of the smelting facility of PT Freeport Indonesia (PTFI) located in Special Economic Zone (lit. Kawasan Ekonomi Khusus/KEK) of Gresik, was reportedly caught in fire yesterday (14/10). Katri Krisnati, VP Corporate Secretary of PTFI, said that there were no casualties reported in the incident, despite the fire...

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South Korea’s Rate Cuts Could Boost Crypto Adoption in Asia

South Korea’s rate cuts may encourage broader crypto adoption amid low-yield environments and strengthened regulatory integration.Government crypto policies, including targeting tax evaders and ETF reviews, highlight South Korea’s push for a robust digital asset ecosystem. South Korea’s central bank recently made a key move by cutting its benchmark interest rate for the second time in...

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Uniswap Gears Up for Unichain Mainnet Launch in 2025

Uniswap Labs prepares to launch the Unichain mainnet in 2025 with permissionless fault proofs for enhanced security and decentralization.Flashblocks and validation nodes aim to provide faster transactions and decentralized infrastructure on Unichain post-launch. Uniswap Labs is making steady progress toward its goal of creating a more scalable and secure decentralized finance (DeFi) ecosystem. As reported...

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Bitcoin’s 26,931% 10-Year Return Crushes Stocks and Gold, New Analysis Shows

Bitcoin’s 26,931% 10-year return dwarfs traditional asset classes, showcasing its dominance as a high-growth investment.Despite its significant volatility, Bitcoin’s leading position in 2024 with a 129.0% YTD gain reinforces its potential as a transformative asset. Bitcoin has outperformed all major asset classes over the past decade, delivering a staggering 26,931% return, according to CoinGecko data...

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