Source: india today
The official website of the Kataeb Party leader
Security & Justice
Southern Lebanon Endures Massive Damage: 40,000 Homes Leveled Across 37 Towns
Israeli forces have systematically destroyed entire neighborhoods in southern Lebanon, leveling more than 37 towns and wiping out over 40,000 residential units, according to Lebanon's National News Agency.
Tuesday, November 5, 2024
Gaps in Coastal Radar Enabled Israeli Raid in Batroun, Army Commander Says
Lebanon’s army chief, General Joseph Aoun, detailed to Caretaker Prime Minister Najib Mikati how Israeli forces likely exploited gaps in the country's coastal radar system during the recent raid carried out in Batroun. The briefing comes as Lebanese officials seek answers on how Israel’s elite Shayetet 13 unit carried out the landing undetected.
Monday, November 4, 2024
Opinion
The Emptying of Baalbek Is a Moment to Take Stock
“Large numbers of people continue to flee their homes every day, as Israel’s military operations in Lebanon have been going on unabated.” These disturbing words could be from almost any news report about Israel’s invasion of its northern neighbour over the past month. However, they can be found in a report by the Norwegian Refugee Council’s Internal Displacement Monitoring Centre issued on July 27, 2006.
Saturday, November 2, 2024
A Future Without Hezbollah
At the end of September, when Israel’s campaign to destroy Hezbollah was reaching its height, I met one of the group’s supporters in a seaside café in western Beirut. He was a middle-aged man with a thin white beard and the spent look of someone who had not slept for days. He was an academic of sorts, not a fighter, but his ties to Hezbollah were deep and long-standing.
Thursday, October 31, 2024
Sports
Tottenham Forward Son Heung-min Crowned Asia’s International Player of the Year
Tottenham forward Son Heung-min was crowned as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation at its annual awards ceremony Tuesday.
Wednesday, October 30, 2024
Real Madrid Launch Investigation into Racist Insults After El Clasico Defeat
Real Madrid has launched an investigation into racist insults directed at players during Saturday’s 4-0 home loss to Barcelona in LaLiga, it said on Sunday.
Monday, October 28, 2024
Tuesday 6 July 2021 18:50:50
Bitcoin Was Not the Most Exchanged Cryptocurrency Last Week, for the First Time
Bitcoin has been the baton holder for cryptocurrency market for a long time, but its position as the ultimate crypto is in danger for the first time. Ethereum has outpaced Bitcoin in the total number of transactions last week, for the first time. The crypto also saw more daily active addresses which is basically the active number of participants of Ether. The data indicates that more and more investors are moving towards Ethereum, and it may soon be able to close down the gap on Bitcoin.
The transaction data was confirmed by Santiment, a crypto analytics company, which tweeted that Ether (the official currency of the Ethereum network, and the second oldest major token that's still around) created history, surpassing Bitcoin for the first time in daily active addresses.
Notably, Bitcoin is seen as an alternate to Gold while Ethereum is looked at as a supercomputer on which other cryptos can be based. Ethereum creators have already confirmed that they are also working on an energy efficient successor to the crypto which may launch later this year.
The more interesting data here is that while the number of active addresses with Ether have gone up, there is a decline in the same for Bitcoin. This suggests that Bitcoin investors have started looking at other cryptocurrencies as long term options.
Some reasons could include China’s crackdown on Bitcoin mining and environmental concerns raised around the crypto from multiple people, including Elon Musk who confirmed that his car making company Tesla will not accept payments in Bitcoin until it comes more energy efficient. However, neither Musk or Tesla have sold their Bitcoin holdings so far.
The crypto enthusiasts still believe that Bitcoin will bounce back from the current dip as it has in the past. The coin has been around for almost a decade now and has stood the test of time. However, this is the first time that it is being challenged by another crypto. It will also be interesting to see if Ethereum is able to maintain the momentum it has achieved in the past few days.