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SEVILLE: Real Madrid boycotted pre-match activities ahead of their Copa del Rey final against rivals Barcelona after the match referee gave an emotional press conference in which he called out Real for criticising the official on their in-house tv channel, the club told media in Seville. The referee for Saturday’s match against rivals Barcelona, Ricardo de Burgos Bengoetxea, welled up when speaking about pressure officials have faced from Real Madrid TV this season. Spanish champions Real boycotted the press conference, the open training in front of media, the traditional presidents’ dinner and a pre-match photo-call. “Real Madrid told the RFEF…

By Jonathan Stempel NEW YORK (Reuters) -Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets. In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden closure in December of Nike’s RTFKT unit caused demand for their NFTs to dry up. They said they would never have bought the NFTs at the prices they did, or at all, had they known the tokens…

NEW DELHI: India’s Olympic javelin gold medallist Neeraj Chopra said it was now “completely out of the question” that rival Arshad Nadeem of Pakistan will attend his meet in Bengaluru next month following Tuesday’s deadly attack in Indian-held Kashmir. Relations between nuclear-armed neighbours India and Pakistan have plummeted to their lowest level in years after the killing of 26 tourists on Wednesday. A day before the attack, Chopra had announced that the world’s top throwers, including Paris Olympics champion Nadeem, had been invited to the first Neeraj Chopra Classic on May 24, an event he hoped would pave the way…

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their high volatility, which is a risk for long term value preservation. In short, one can say that cryptocurrencies for the moment do not fulfill the high requirements for our currency reserves.” Unknown block type “jwpVideo”, specify a component for it in the `components.types` option Schlegel’s…

LAHORE: Up until the 11th over, Karachi Kings were cruising; run-a-ball needed, eight wickets in hand, all set to consolidate their number-two spot in the HBL Pakistan Super League standings. Quetta Gladiators — placed fifth — meanwhile, stayed in the hunt for a breakthrough. And when it finally came in the form of high-flying opener Tim Siefert’s miscued a heave off pacer Mohammad Wasim caught by Rilee Rossouw at long-on in the 12th over, Gladiators ensured the Kings did not breathe again. The next five wickets fell in the space of 33 balls, as Quetta stole the match by five…

China may shift to Bitcoin and gold amid global uncertainty and geopolitical tensions to diversify outside the U.S. Treasuries, BlackRock’s head of thematics and equity ETFs Jay Jacobs said. Jacobs said that central banks across the globe have been diversifying outside the U.S. dollar for decades now. Gold and Bitcoin are among the latest entrants to the list of alternative assets that banks have been increasingly relying on for the last 3-4 years, he added. The BlackRock executive made the remarks in an interview with CNBC on Apr. 25. In the long run, crypto is decoupled from the U.S. tech…

Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump’s election victory. The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours. Ethereum’s ether (ETH) followed closely, gaining 2% to hover just over $1,800. Sui’s native (SUI), Bitcoin Cash (BCH), and Hedera’s HBAR led gains in the broad-market crypto benchmark CoinDesk 20 Index. Bitcoin price on April 25 (CoinDesk) Today’s gains cap an exceptional momentum for crypto markets recovering from the early April lows amid tariff turmoil. BTC is up over 11%…

Bitcoin’s seven day price action has been nothing short of explosive, surging from $82K to over $94K in less than a week! With volatility and ongoing macro uncertainty, BTC is holding strong around $93K. The momentum suggests that bullish sentiment remains firmly intact as the week continues. Jack Mallers and a group of investors have officially unveiled Twenty-One, a bold new Bitcoin investment company with $500M already committed. Loaded with over 42,000 Bitcoin, Twenty One is being formed through backing by Cantor Equity Partners, a publicly traded SPAC. The new entity is also supported by Tether and SoftBank. In a…

On Friday, the U.S. Securities and Exchange Commission (SEC)’s springtime roundtable series on crypto is gearing up to tackle a critical challenge — crypto custody — featuring panelists from Fidelity, Kraken, and Fireblocks. “Crypto custody is often taken for granted, until it fails,” Mark Greenberg, Kraken’s Global Head of Consumer and a participant in the SEC roundtable, told TheStreet Crypto. “In reality, securely holding digital assets is highly complex — and only a handful of firms have the infrastructure, security protocols, and expertise required to sufficiently protect crypto assets.” The roundtable — titled “Know Your Custodian: Key Considerations for Crypto…

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force. “While a stock by any other word would still be a stock, the existing market ecosystem can readily absorb digital assets by establishing the proper taxonomy and calibrating certain rules to reflect what is truly new and novel about digital assets,” the letter argued in response…