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Protests erupted across Iran after the rial hit a record low of 1.42 million to the dollar on December 28, driving up food prices by 72% and medicine by 50% over the past year. Demonstrators in Tehran and cities like Hamedan and Kerman demand economic relief while rejecting clerical rule and invoking the pre-1979 monarchy, with Reza Pahlavi urging security forces to join the people. Authorities deployed tear gas but President Pezeshkian called for dialogue on legitimate demands, as no deaths are confirmed yet.

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Shopkeepers in Tehran's Grand Bazaar shut their stalls and blocked streets, drawing thousands who chanted for the return of exiled Crown Prince Reza Pahlavi amid soaring prices.

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The Aave App enables deposits in USDC or USDT via links to over 12,000 banks or debit cards, with instant withdrawals, no fees beyond a $50 minimum, and interest compounding every second. Launched on iOS on November 17 for global users including the EU, it surpasses traditional bank rates of 0.4% to 4% and FDIC's $250,000 coverage, with boosts up to 5-6% for features like auto deposits and referrals. Backed by Aave's $70 billion in active deposits from 2.5 million users, the app aims to bring DeFi to retail through seamless UX, though insurance details for security breaches are pending activation.

Key Takeaway

Aave Labs just dropped a game-changing mobile app that offers everyday savers up to 9% APY and $1 million in balance protection.

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Islamist group Köklü Değişim organized the event from Hacıbayram Veli Mosque to Ulus Square, advocating the black-script-on-white flag—bearing the Islamic declaration of faith—as Prophet Muhammad's banner for Muslims worldwide. Supporters shared videos of past rallies, poetic caliphate calls, and pledges to carry it with honor, while critics link it to jihadist groups like ISIS. Turkish authorities restricted the symbols to prevent unrest, fueling online defenses amid Gaza solidarity and highlighting divides over Islamist expression in secular Turkey.

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At yesterday's pro-Gaza march in Ankara, police stopped participants from waving the Shahada flag, calling it a risk for trouble. Chants rang out: 'Islam's flag is the Tevhid flag.'

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In Telangana's Legislative Assembly on January 2, AIMIM leader Akbaruddin Owaisi described driving in Hyderabad as the city's toughest job, with vehicles ignoring rules from all sides and causing hour-long jams even after light rain. He pushed for stricter licensing tests, better enforcement against reckless driving and polluting vehicles, and questioned where traffic fine revenue goes amid poor public transport. While residents nodded in agreement over surging violations like a 60% rise in 2025, critics pointed to traffic issues in his own constituency and past AIMIM resistance to police checks.

Key Takeaway

When his driver took Christmas leave, Akbaruddin Owaisi grabbed the wheel of an automatic car—and quickly learned why Hyderabad's roads feel like chaos unleashed.

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U.S. Senior Advisor Massad Boulos met UAE leaders including Sheikh Abdullah bin Zayed Al Nahyan to coordinate with Quad partners—U.S., UAE, Saudi Arabia, and Egypt—on a truce amid Sudan's civil war, which erupted in April 2023 and has killed around 150,000, displaced 12 million, and left 30 million facing hunger. Boulos urged both the Sudanese Armed Forces under General Abdel Fattah al-Burhan and Rapid Support Forces led by Mohamed Hamdan Dagalo to accept without preconditions, enabling safe aid delivery and steps toward peace. The RSF announced a unilateral pause on November 24, but Burhan rejected it as biased; UAE officials condemned his stance and denied arms allegations, insisting their flights carried only aid.

Key Takeaway

In Abu Dhabi, diplomats gathered with one clear goal: convince Sudan's warring factions to pause the fighting and let aid reach desperate families.

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The Dusk Foundation announced a partnership with Chainlink to adopt its interoperability and data standards, enabling cross-chain trading of tokenized securities backed by equities from the regulated Dutch stock exchange NPEX. This integration utilizes Chainlink's Cross-Chain Interoperability Protocol for seamless asset transfers between blockchains like Ethereum and Solana, while Data Streams provide real-time verified market data onchain. Building on Dusk's privacy-focused blockchain and its 2020 collaboration with NPEX, the move advances compliant real-world asset trading for institutional DeFi applications.

Key Takeaway

In a pivotal step bridging traditional finance and blockchain, Dusk Network harnesses Chainlink's technology to tokenize Dutch stock exchange assets, unlocking seamless cross-chain trading while preserving privacy and compliance.

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