Internet Security

Pakistan says ‘terrorists’ operating from Iran kill four soldiers

Share this Story: Pakistan says ‘terrorists’ operating from Iran kill four soldiers Copy Link Email Facebook Twitter Reddit LinkedIn Tumblr Breadcrumb Trail Links PMN Politics PMN News PMN Crime Pakistan says ‘terrorists’ operating from Iran kill four soldiers Author of the article: Reuters Gul Yousafzai Published Apr 01, 2023  •  1 minute read Join the

Pakistan says ‘terrorists’ operating from Iran kill four soldiers

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QUETTA — Pakistan’s army said on Saturday that four of its border patrol soldiers had been killed by a group operating from Iran, in an attack which was condemned by Prime Minister Shehbaz Sharif.

A separatist group, Baluch Liberation Army (BLA), which has previously been involved in attacks on Pakistani security forces and Chinese interests in the region, claimed responsibility in an emailed statement.

Insurgent ethnic Baluch nationalist groups, which operate on both sides of the border, have been fighting for decades for a greater share of regional resources.

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The incident took place in the Kech district in southwestern Baluchistan province, which shares a long lawless border with Afghanistan and Iran.

“A group of terrorists operating from Iranian side attacked a routine border patrol of Pakistani security forces operating along Pakistan-Iran Border,” the army said in a statement.

The Baluchistan province is rich in natural gas and minerals and also has the deep-water Gawadar port, which is being developed with Chinese money as part of Beijing’s $65 billion “Belt and Road” investment in Pakistan.

The army said Pakistani authorities were making contact with Iran to seek ways of preventing such incidents in future.

Iranian officials were not immediately available to comment on Saturday, an annual holiday in Iran.

Iranian state media said Iran’s embassy in Islamabad “condemned the terrorist attack in Baluchistan state and said terrorism is a common affliction of the two friendly and neighboring countries.” (Reporting by Gul Yousafzai; Additional Reporting Saud Mehsud in Dera Ismail Khan, Pakistan and Dubai newsroom; Writing by Asif Shahzad, Editing by William Maclean, Giles Elgood and Alexander Smith)

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QUETTA — Pakistan’s army said on Saturday that four of its border patrol soldiers had been killed by a group operating from Iran, in an attack which was condemned by Prime Minister Shehbaz Sharif.

A separatist group, Baluch Liberation Army (BLA), which has previously been involved in attacks on Pakistani security forces and Chinese interests in the region, claimed responsibility in an emailed statement.

Insurgent ethnic Baluch nationalist groups, which operate on both sides of the border, have been fighting for decades for a greater share of regional resources.

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Story continues below

Article content

The incident took place in the Kech district in southwestern Baluchistan province, which shares a long lawless border with Afghanistan and Iran.

“A group of terrorists operating from Iranian side attacked a routine border patrol of Pakistani security forces operating along Pakistan-Iran Border,” the army said in a statement.

The Baluchistan province is rich in natural gas and minerals and also has the deep-water Gawadar port, which is being developed with Chinese money as part of Beijing’s $65 billion “Belt and Road” investment in Pakistan.

The army said Pakistani authorities were making contact with Iran to seek ways of preventing such incidents in future.

Iranian officials were not immediately available to comment on Saturday, an annual holiday in Iran.

Iranian state media said Iran’s embassy in Islamabad “condemned the terrorist attack in Baluchistan state and said terrorism is a common affliction of the two friendly and neighboring countries.” (Reporting by Gul Yousafzai; Additional Reporting Saud Mehsud in Dera Ismail Khan, Pakistan and Dubai newsroom; Writing by Asif Shahzad, Editing by William Maclean, Giles Elgood and Alexander Smith)

Comments

Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

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    3 hours ago Fashion & Beauty

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Internet Security

Oregon passes bill to establish legal control standards for digital assets

Key Takeaways Oregon passed Senate Bill 167 to update commercial laws and include digital assets in the UCC. The new law allows digital assets to be used as collateral and recognizes electronic records and signatures. Share this article Oregon has enacted Senate Bill 167, updating the state’s commercial laws to incorporate digital assets into the

Key Takeaways

  • Oregon passed Senate Bill 167 to update commercial laws and include digital assets in the UCC.
  • The new law allows digital assets to be used as collateral and recognizes electronic records and signatures.

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Oregon has enacted Senate Bill 167, updating the state’s commercial laws to incorporate digital assets into the Uniform Commercial Code (UCC).

The legislation, signed by Governor Tina Kotek on May 7, introduces UCC Article 12, which creates a legal framework for digital assets including crypto assets, tokenized records, and electronic money.

The bill amends Article 9 to allow digital assets to be used as collateral in secured transactions. It also updates several UCC articles to recognize electronic records, signatures, and hybrid transactions to support digital commerce.

The new law includes transitional provisions that maintain the validity of transactions made before the act’s effective date and provides a one-year period for existing security interests to comply with the new regulations.

Before these changes, there was legal uncertainty about how digital assets fit into existing commercial laws, especially when used as collateral or transferred between parties. The UCC amendments clarify how rights in these assets can be legally controlled, perfected, and enforced.

Apart from SB 167, House Bill 2071 is another crypto-related bill introduced in Oregon.

This proposed legislation focuses on blockchain and digital asset rights. It is aimed at protecting and promoting the use of Bitcoin and other digital assets in the state by limiting regulatory barriers and clarifying the legal framework for blockchain-based activities.

Some of the highlights of the bill include a prohibition on state and local governments from restricting or impairing a person’s ability to accept digital assets as payment for lawful goods and services, as well as the right to conduct peer-to-peer transactions via blockchain or digital asset networks.

The bill is still in the early stages of the legislative process and has not yet advanced to a vote in either the House or the Senate.

Unlike most US states, Oregon lawmakers have not proposed any bill to create a state Bitcoin reserve as of now.

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Internet Security

White House rejects parts of Trump advisers’ sovereign wealth fund proposal

Key Takeaways The White House has rejected parts of a sovereign wealth fund proposal created by Trump’s advisers. The details of the sovereign wealth fund are still under debate with no final decisions announced yet. Share this article The White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary

Key Takeaways

  • The White House has rejected parts of a sovereign wealth fund proposal created by Trump’s advisers.
  • The details of the sovereign wealth fund are still under debate with no final decisions announced yet.

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The White House has opposed certain elements of a sovereign wealth fund proposal developed by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick at President Trump’s request, according to a new report from CBS News.

The plan, reportedly delivered by early May, follows Trump’s February executive order directing the Treasury and Commerce departments to develop a framework for a US sovereign wealth fund within 90 days.

The order fueled speculation that the fund might be used to acquire Bitcoin on behalf of the US government.

However, at the time, Bessent and Lutnick said that the fund would indeed focus on warrants, equity, and other non-crypto investments. Still, David Sacks, Trump’s crypto czar, indicated that Bitcoin could be included in the fund’s portfolio.

That no longer appears to be the case after Trump signed a separate executive order establishing a strategic Bitcoin reserve and a digital asset stockpile on March 6, which suggests a standalone approach to crypto holdings.

There were also rumors that the fund might be financed through tariffs and other revenue sources despite ongoing budget deficits. But Lutnick later clarified that tariffs would not be used to support the sovereign wealth fund.

According to the CBS News report, White House spokesperson Kush Desai said the Treasury and Commerce Departments have developed plans in response to Trump’s directive, but no final decisions have been made.

The administration, Desai added, continues to view the initiative as part of its broader effort to safeguard national and economic security.

Details of the fund’s structure and purpose remain under discussion, with no formal announcement expected in the near term.

Sources say Trump has not yet decided how the fund’s proceeds would be used, though he has previously floated the idea of it taking a stake in TikTok, which faces a potential US ban unless ByteDance divests.

Regarding the US Strategic Bitcoin Reserve and the Digital Asset Stockpile, Bessent and Lutnick are also tasked with outlining operational guidelines, custody frameworks, and acquisition strategies. These plans are expected to remain separate from the sovereign wealth fund initiative and are designed to be budget-neutral.

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Internet Security

Crypto Security Breach at Lido DAO Triggers Governance Response

TLDR Lido DAO started an emergency vote to rotate a compromised Chorus One oracle The exploit drained ETH balance and likely resulted from a hot wallet private key leak The issue is restricted to one oracle and is not system-wide Cybersecurity remains a critical issue for cryptocurrency and DeFi Over $2 billion in crypto was

TLDR Lido DAO started an emergency vote to rotate a compromised Chorus One oracle The exploit drained ETH balance and likely resulted from a hot wallet private key leak The issue is restricted to one oracle and is not system-wide Cybersecurity remains a critical issue for cryptocurrency and DeFi Over $2 billion in crypto was […]
The post Crypto Security Breach at Lido DAO Triggers Governance Response appeared first on Blockonomi…
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Internet Security

CZ Shares Security Warning After Ledger Discord Hack Exposes User Data

Changpeng Zhao (CZ), founder and former CEO of Binance, shared a security warning after receiving a message regarding a hack of Ledger’s Discord admin account, where a scammer falsely claimed a security flaw and urged users to enter their recovery phrases on a phishing site. Zhao highlighted two critical lessons: the necessity of never sharing

Changpeng Zhao (CZ), founder and former CEO of Binance, shared a security warning after receiving a message regarding a hack of Ledger’s Discord admin account, where a scammer falsely claimed a security flaw and urged users to enter their recovery phrases on a phishing site. Zhao highlighted two critical lessons: the necessity of never sharing [……
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