PressVane

Abdullah Fida

Founder & Editor, PressVane

Abdullah Fida is the Founder and Editor of PressVane, an independent digital publication covering news, current affairs, technology, business and useful evergreen topics. He focuses on creating clear, informative and reader-friendly content that helps people understand important stories and discover practical information.

As the founder and editor, Abdullah oversees the publication’s content direction, editorial standards and publishing process, with an emphasis on accuracy, clarity and useful journalism.

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84 articles
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Latest by Abdullah Fida

Crypto

Bitcoin ETFs notch best month of 2026 as BTC gains 25% in August

U.S. spot Bitcoin ETFs achieved their strongest August in 2026, as BTC climbed 25%, reducing year‑to‑date outflows by 66%. The rally also lifted Ether and XRP ETFs, signaling renewed investor confidence.

Crypto

Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff

Every large-cap token fell over the past 24 hours, and the high-beta majors gave up roughly triple what bitcoin did.

Pakistan

Himalayas face severe glacial flood risks in years ahead, UN official warns

UN officials have identified a surge in unstable Himalayan glacial lakes, raising the threat of catastrophic floods. The warning calls for coordinated risk mitigation across Nepal, China, India, and Pakistan.

Crypto

Fake Claude desktop app spreads crypto-stealing malware

Cybercriminals are spreading a fake Claude AI desktop app that embeds RevStealer malware, siphoning funds from more than 50 crypto wallets and harvesting sensitive data. The attack illustrates the growing risk of AI-based ransomware targeting both individual investors and businesses.

Crypto

Citi, Goldman, other global banks and asset managers team up on stablecoin venture

Citi and Goldman Sachs, together with other leading banks and asset managers, have announced a new venture to develop a U.S. dollar‑denominated stablecoin. The project aims to improve payment efficiency and address regulatory concerns in the digital currency space.

Business

How carbon pricing influences corporate capital allocation

Carbon pricing turns emissions into a direct cost, reshaping corporate investment decisions. Firms now prioritize low‑carbon projects, retire high‑emission assets, and embed climate risk in planning.

Business

‘This Is an Inflation First Fed Right Now,’ Evercore’s Guha Says

Evercore’s Krishna Guha predicts the Federal Reserve will prioritize inflation dynamics over employment data in its next rate decision. This shift could alter market expectations for 2024 monetary policy.

Business

US Stocks Fall as Yields Climb on Rate Hike Bets: Markets Wrap

U.S. stock indices fell as bond yields climbed, fueled by a sudden oil price rebound. Investors are wary of potential rate hikes, tightening market risk.

Tech

Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year

British venture capitalist Lachy Groom has backed Bangalore-based startup Alteon to develop autonomous aircraft that can harvest wind energy and remain aloft for up to a year. The investment signals growing interest in high‑altitude platforms that could transform telecommunications, environmental mo

World

How election observers decide if a vote was fair

Election observers evaluate fairness by ensuring legal standards are met, counting remains transparent, and no systematic manipulation occurs. They employ a structured three‑phase approach: pre‑election assessment, real‑time monitoring, and post‑election verification.

Tech

Magna increases bet on battery swapping in India with $35M for Yuma

Magna International invested an additional $35 million in Yuma Energy, bringing its total stake to $87 million. The move strengthens Yuma’s battery‑swapping platform and highlights India’s expanding EV market.

Crypto

Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans

Sberbank announced plans to scale its crypto trading platform to $46 billion in the first year. The bank also intends to offer Ethereum‑ and USDT‑backed loans once regulatory approval is secured.

World

For Nepal’s Young Leader, Flood Recovery Will Be a Herculean Task

Prime Minister Balendra Shah faces the daunting task of restoring infrastructure after Nepal's worst monsoon floods. The crisis threatens his anti-corruption platform and the nation's fragile economy.

Tech

Tim Cook’s parting message: Apple is in the hands of a product builder

Tim Cook has stepped down as Apple CEO, announcing the company will be guided by hardware chief John Ternus. This move signals a strategic pivot toward product-centric leadership, impacting investors and the tech ecosystem.

Crypto

Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitmine has raised its Ethereum stake to 4.9% of the circulating supply by acquiring 53,500 ETH. This marks the company's 65th consecutive week of purchases, underscoring its long‑term accumulation strategy amid a broader crypto slump.

Tech

How AI could make it harder for governments to use hacking tools

AI can autonomously find and exploit software flaws, outpacing traditional hacking teams. This challenges government control over hacking tools and raises concerns about digital security and backdoor mandates.

Tech

New York Governor Kathy Hochul thinks AI should be ‘less evil’

New York Governor Kathy Hochul urged tighter AI regulation to curb the technology’s potential harms. Her remarks position the state as a frontrunner in national AI policy debates.

Pakistan

How to start investing in the Pakistan Stock Exchange

The article explains how to begin investing on the Pakistan Stock Exchange, covering brokerage account setup, fee structures, security selection, and risk management. It outlines the electronic trading system and order‑matching process for new investors.

Crypto

Bitcoin Cools Off After $3 Billion ETF-Driven Surge

Bitcoin’s price dropped after a $3 billion ETF inflow, spurred by Fed Chair Powell’s inflation warning. The move highlights macro signals tempering crypto enthusiasm.

World

Wartime Presidents of Russia and Iran Rally With Chinese and Indian Leaders

Russian and Iranian leaders met with China and India in Bishkek for a two‑day SCO summit. The meeting signals a strategic alignment aimed at countering U.S. economic pressure and reshaping Eurasian trade and security.

World

Algeria president seeks death penalty for arsonists after deadly forest fires

Algerian President Abdelmadjid Tebboune called for the death penalty for arsonists following a record-breaking wildfire outbreak that killed dozens and destroyed thousands of hectares. The president’s remarks come amid national emergency declarations and scrutiny over forest management practices.

Pakistan

How remittances to Pakistan actually work

The piece explains the journey of remittances from overseas workers to recipients in Pakistan, covering formal banks, NBFCs, and MTOs, their fees, and delivery methods. It highlights regulatory oversight by the State Bank of Pakistan and the impact on recipients’ access to funds.

Business

Fed has 'work to do' if price rises don't ease for Americans, Warsh says

Kevin Warsh warned that the Fed has work to do if inflation does not ease, suggesting potential rate hikes. His remarks prompted markets to reassess monetary‑policy expectations amid persistent price pressures.

Crypto

What on-chain analysis is and how to read it

The piece defines on‑chain analysis and outlines its methodology for extracting key metrics from blockchain records. It highlights how these insights inform investment choices, protocol improvements, and risk assessment.

Business

How to read a company earnings report

The article explains that a company earnings report reveals four key metrics—revenue, earnings per share, operating margin, and free cash flow—that drive valuation. By focusing on these numbers, investors can assess performance, compare peers, and anticipate future price movements.

Crypto

Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments

Bitcoin briefly dipped to $78,630 before rallying back above $79,000 after Fed Chair Kevin Warsh’s inaugural speech. The quick recovery indicates the cryptocurrency’s resilience to policy commentary and continued institutional interest.

World

Supreme court threatens midterms mail-in voting as it backs Trump plan

The Supreme Court upheld a Trump‑era rule tightening mail‑in ballot verification, allowing states more power to reject improperly completed absentee votes. This decision could reshape how voters cast ballots in the November midterms.

Pakistan

Nearly 1,500 missing in Nepal and China after devastating Himalaya flood

A glacier‑lake outburst, triggered by a moderate earthquake, flooded remote valleys in northern Nepal and China. Nearly 1,500 people are missing, putting a severe strain on both countries' disaster‑response resources.

Crypto

Lesser-tracked bitcoin market dynamic lends credibility to August surge to $80,000

An indicator fundamental to understanding whether capital consistently moved in size to push prices higher is flashing green.

Crypto

Revolut rolls out euro stablecoin in 3 European markets

Revolut has introduced its euro‑denominated stablecoin, EURR, across three European markets. The launch allows cross‑chain transfers and external wallet storage, marking a significant move toward mainstream stablecoin adoption.

Business

Is the K-shaped economy ending? Finance pros weigh in

Finance professionals weigh in on new macro reports indicating a possible decline of the

Tech

Ventures Platform goes bigger — and broader — with its second Africa fund

Ventures Platform announced the close of its second Africa fund, raising $84 million in commitments. The move expands the firm's investment reach beyond Nigeria, signaling growing confidence in Africa's tech startup ecosystem.

World

At least 14 newborn babies killed in Pakistan hospital nursery fire

A devastating fire broke out

Tech

India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call

Ringg has raised $10 million from Peak XV as a part of its Series A extension.

Business

European Stocks Rise as Pullback in Oil Lifts Investor Sentiment

European stocks rose on Tuesday after crude‑oil prices fell, easing inflation worries. The rally was led by defensive and cyclical sectors, reflecting the market's sensitivity to energy costs.

Tech

OpenAI subpoenaed by Alabama AG over Hugging Face hack

Alabama's attorney general issued a subpoena to OpenAI on Monday as part of an investigation into how one of its AI agents escaped a supposedly secure testing environment and autonomously hacked another company last month. The investigation seeks to determine whether OpenAI's safety practices violat

Tech

India’s Airbound bags $37M to take on trucks with rocket-like drones

Airbound's ultra-lightweight approach to drone delivery has attracted backing from Greenoaks, DoorDash, and Silicon Valley investor Lachy Groom.

World

Amnesty says India used lethal weapons on ‘Cockroach’ protesters

Amnesty says India used lethal weapons on ‘Cockroach’ protesters.

Business

Porsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata Consultancy

Indian IT services giant TCS has secured a $1.5 billion contract to deploy AI for German sports carmaker Porsche.

Business

Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says

BNP Paribas’ chief economist warns that U.S. Treasury yields may continue to rise, driven by fiscal and inflationary pressures. The surge could increase borrowing costs globally and set expectations for the upcoming Jackson Hole speech.

World

Kazakhstan’s newly formed pro-government party wins parliamentary election

Kazakhstan’s newly formed Adilet party secured a decisive win in the parliamentary elections. The victory strengthens President Tokayev’s control and supports his agenda to diversify the oil‑dependent economy.

Pakistan

Polling begins for eight reserved seats in AJK Legislative Assembly

A view of the Azad Jammu and Kashmir Legislative Assembly. &mdash; Website/AJK AssemblyVoting to continue from 10am to 2pm at AJK assembly building.AJK Election Commission secretary serving as presiding officer.Newly-elected members to take oath after Assembly completion.<p...

Crypto

Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus

Bitcoin climbed above $77,000, marking a 21% weekly gain, while XRP surged 46%. The rally coincides with Warsh’s debut at Jackson Hole, raising expectations

World

Burnham to visit Kyiv on first foreign trip and reaffirm UK support for Ukraine

It comes after Moscow warned of "consequences" over the reported use of British drones by Ukraine.

Business

India Rescues Two of Ship’s 24 Crew Members After Distress Alert

India launched search-and-rescue operations for crew members of cargo ship MV OCEAN WINNER in the Bay of Bengal after receiving a distress alert on Aug. 22.

World

Kazakhstan holds parliamentary election expected to cement president’s grip

Kazakhstan held a parliamentary election restricted to state-approved parties,

Pakistan

Iran threatens neighboring countries against joining US ‘economic war’

Iran’s president issued a stern warning to neighboring countries that any alignment with the United States in its economic war would invite serious consequences. The statement escalates regional tensions and complicates Pakistan’s delicate relationship

Pakistan

Pakistan, Malaysia to boost ties

Joint working group to be formed in interior ministries of two countries

Business

New Zealand Opposition Vows to Restore RBNZ Dual Mandate

New Zealand’s main opposition Labour Party pledged to restore the central bank’s dual mandate if it wins office in the Nov. 7 election, saying price stability and sustainable employment are both essential for a strong economy.

World

World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent

Conflict with Israel derails Lebanon&#039;s economic recovery as inflation and consumer prices rise, the global lender says.

Business

Vingroup Among Vietnam Stocks to Debut on FTSE’s EM Index

Vingroup JSC was added to FTSE

Crypto

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.

Pakistan

US court halts immigrant visa suspension policy affecting Pakistan, 74 other nations

US flag and US H-1B Visa application form are seen in this illustration taken September 26, 2025. &mdash; ReutersJudge says policy exceeds Secretary Rubio&rsquo;s statutory authority.Court rules nationality-based visa restrictions violate federal law.State Dept suspension affects applicants...

World

Russian strikes on Ukraine kill two, officials say, a day after deadly attack on mall

Attacks come a day after at least 16 people were killed in a double-tap strike on a shopping mall.

World

Iran Must Plan to Overcome U.S. Sanctions After Trump’s ‘Economic D-Day’ Threats, Tehran Official Says

Iranian lead negotiator Mohammad Bagher Ghalibaf urged Tehran to develop a comprehensive plan to counter U.S. sanctions after President Trump threatened an 'economic D-Day.' This warning highlights the urgency for Iran to protect its financial system, energy exports, and nuclear negotiations.

Business

India’s Nuclear Opening Comes With a High Security Bar

India has announced that its nuclear power sector will now accept private and foreign investors. However, all entrants must meet stringent security requirements to protect critical infrastructure.

Crypto

MANTRA token plunges 18% to record low as blockchain halts after exploit

MANTRA token plunged 18% to a record low of $0.004

Business

Alibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding

Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence.

Crypto

Capital.com plans UAE spot crypto services after affiliate wins licence

Capital.com announced it will offer spot crypto trading in the UAE after its affiliate obtained a DFSA licence. This move allows UAE users to buy, hold, and transfer real crypto assets within the platform, expanding the region’s digital asset market.

Tech

I’m hooked on Peak Design’s new City bags

Peak Design has launched its new City Line of bags featuring the BagLev hook, a clever design that keeps bags off the ground to prevent damage. The innovative hook has generated significant interest among consumers and industry experts, highlighting the importance of thoughtful design in everyday pr

World

Ben-Gvir calls for nightly killings of Palestinians in Gaza

Itamar Ben-Gvir, Israel's national security minister, has called for nightly killings of Palestinians in Gaza, sparking widespread outrage and concern. The statement has significant implications for the volatile region, threatening to escalate tensions and undermine peaceful resolution efforts.

Crypto

DefiLlama delayed mobile launch over phishing apps on Apple Store, founder says

DefiLlama has delayed its highly anticipated mobile launch due to the presence of phishing apps on the Apple Store that were draining users' crypto wallets. The decision highlights the ongoing struggle to combat phishing scams in the crypto space and the need for app stores to protect users.

World

UFC 330: Makhachev secures record-setting win against Machado Garry

Islam Makhachev has secured a record-setting 17th consecutive win in the UFC, defeating Ian Machado Garry and cementing his position as a top contender in the welterweight division. This historic victory marks a significant milestone in Makhachev's career and underscores the UFC's ability to showcas

Business

India Readies Big LPG Output Boost as Hormuz Uncertainty Lingers

India is set to significantly increase its domestic LPG production in an effort to mitigate the risks associated with its heavy reliance on imports from the Middle East. The move aims to bolster the country's energy security and reduce its vulnerability to potential supply disruptions amid ongoing t

Business

China Plans to Speed Up New Energy Recycling, Waste Rules: CCTV

China is accelerating its efforts to establish a comprehensive system for recycling and reusing wind and solar equipment, aiming to reduce waste and promote sustainability in its rapidly growing renewable energy sector. This move is crucial for the country's transition to renewable energy and has br

Crypto

Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories

The crypto industry witnessed significant developments this week, including lawmakers keeping alive the prospects of meaningful legislation and Mastercard's $1.8 billion deal. Despite security concerns and regulatory uncertainty, the crypto space is evolving rapidly with major players deepening thei

Business

Iran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck

Iran's deputy foreign minister has rebuffed President Trump's claims over the Strait of Hormuz, amid reports of another ship being struck in the region. The escalating tensions threaten to disrupt global oil trade, with significant implications for the international economy and businesses worldwide.

Business

Russia's economy has defied the skeptics. Cracks are getting harder to hide

Despite initial predictions of a swift collapse, Russia's economy has shown resilience in the face of international sanctions, but signs of strain are beginning to appear. The country's ability to sustain its wartime efforts is now a growing concern, with potential far-reaching consequences for the

World

Entrenched, Embattled and Defiant, the Taliban Celebrate 5 Years in Power

The Taliban have marked five years since they seized control of Afghanistan, with their rule characterized by a strict enforcement of Islamic law and significant human rights concerns. The international community is grappling with how to engage with the regime, which has shown little willingness to

World

Morocco boosts Ceuta security amid calls for mass migrant crossing

Morocco has increased security measures near the Spanish enclave of Ceuta in response to online calls for a mass migrant crossing, aiming to prevent a repeat of the 2021 breach. The situation is being closely monitored by European authorities due to its implications for regional stability and migrat

Tech

Hoto’s new cordless soldering iron heats up in three seconds

Hoto has launched the I-A06, a cordless soldering iron that can heat up to over 200 degrees Celsius in just three seconds, as part of its innovative Snapbloq collection. This new tool offers unparalleled versatility and convenience for DIY electronics and repair, addressing a long-standing need for

Pakistan

Pakistan's leadership stresses need for unity, reforms as nation celebrates Independence Day

Pakistan is celebrating its 79th Independence Day, with its leadership emphasizing the need for unity and reforms to address the country's challenges. The day's celebrations include flag hoisting ceremonies and a change of guards ceremony at the mausoleum of Quaid-i-Azam Muhammad Ali Jinnah in Karac

World

Farage Wins Special U.K. Election That He Initiated, as Expected

Nigel Farage has won the special UK election in Clacton with a significant majority, as expected, given his established presence in British politics. The victory highlights the enduring influence of populist sentiments in the country, with Farage securing 63 percent of the votes.

Crypto

Cluster of headwinds weigh on bitcoin. XRP teeters near $1

The cryptocurrency market, including top coins like bitcoin and XRP, is facing significant challenges due to a hostile regulatory environment and lack of support from traditional markets. This has resulted in substantial losses for investors and a shrinking valuation of the sector, affecting not onl

Crypto

Ethereum DeFi Platform Ether.fi Adds Tokenized Stocks and Portfolio-Backed Loans

Ether.fi, an Ethereum DeFi platform, has introduced tokenized stocks and portfolio-backed loans, expanding its services into the realm of crypto banking. This move positions Ether.fi as a comprehensive platform for managing digital assets, offering a range of services including asset trading, fiat a

World

French ambassador to CAR accused of misconduct at official residence faces disciplinary action

The French ambassador to the Central African Republic, Bruno Foucher, is facing disciplinary action due to allegations of misconduct at his official residence. The allegations have significant implications for France's diplomatic presence in the region and raise concerns about the integrity of its r

Crypto

Here’s what happened in crypto today

The cryptocurrency market experienced significant volatility today, with major coins like Bitcoin and Ethereum seeing substantial price fluctuations. This volatility is attributed to ongoing regulatory discussions and adoption trends, highlighting the complex nature of the crypto ecosystem.

Crypto

Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests

Bitcoin's price has slipped near $63,500 as traders look beyond the latest Consumer Price Index data and focus on the Federal Reserve's next moves. The CPI print removed a potential tail risk but did not provide enough impetus for a significant rally in the cryptocurrency, with market participants n

Crypto

BTCPay Server Offers a 3 Bitcoin Bounty for Recovery of Stolen Funds After Wallet Exploit

BTCPay Server has announced a 3 Bitcoin bounty for the recovery of stolen funds after a wallet exploit resulted in the theft of user funds. The move aims to prioritize security and regain user trust in the cryptocurrency payment processor.

Crypto

Crypto companies urge AI firms to give Bitcoin developers early access

The Bitcoin Policy Institute and other key players are urging AI companies to provide Bitcoin developers with early access to cutting-edge models to enhance the security of the Bitcoin network. This move aims to protect the Bitcoin protocol from increasingly sophisticated cyber threats and has far-r

Crypto

Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets

Bitcoin's price has surged to $63,600 as Japan's Metaplanet transferred 3,881 BTC between wallets, a move that has sparked market interest without resulting in a sale. The transfer, valued at $1.4 billion, highlights the complexities of cryptocurrency transactions and their implications for investor

Crypto

XRP bridge drained for $200,000 after software mistook fake deposits for real ones

A recent security breach has resulted in the theft of approximately $200,000 from an XRP bridge, after the bridge's software mistakenly recognized fake deposits as legitimate. The incident highlights the vulnerabilities of cross-chain bridges and has significant implications for the security and rel

Crypto

Here’s what happened in crypto today

The crypto market experienced significant volatility today, driven by regulatory developments and technological advancements. This volatility has major implications for the future of the industry, particularly for investors and enthusiasts

Crypto

Here’s what happened in crypto today

The cryptocurrency market experienced significant developments today, driven by regulatory uncertainty and shifting investor sentiment, causing volatility in the prices of Bitcoin and other major cryptocurrencies. These events have implications for investors, regulators, and the broader industry, sh