Bangladesh’s ousted leader Sheikh Hasina sentenced to death

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A Bangladesh court sentenced ousted prime minister Sheikh Hasina to be hanged for crimes against humanity on Monday, with cheers breaking out in the packed court as the judge read out the verdict. Hasina, 78, defied court orders that she return from India to attend her trial about whether she ordered a deadly crackdown against a student-led uprising last year that eventually ousted her. The highly anticipated ruling, which was broadcast live on national television, came less than three months before the first polls in the South Asian country of 170 million people since her overthrow in August 2024. “All the… elements constituting crimes against humanity have been fulfilled,” judge Golam Mortuza Mozumder read to the court in Dhaka. The former leader was found guilty on three counts: incitement, order to kill, and inaction to prevent the atrocities, the judge said. “We have decided to inflict her with only one sentence — that is, sentence of death.” Crowds waved the national fl...
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Cronos Labs Partners With Amazon Web Services To Scale Web3 Startups, CRO Rallying

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Amazon Web Services (AWS), a cloud computing platform and a subsidiary of e-commerce giant Amazon, is partnering with Cronos Labs, the development team behind Cronos Chain; to scale and grow web3 startups through the Cronos Accelerator Program.

Amazon Web Services Partners With Cronos Labs

In a tweet on April 26, Kris Marszalek, the CEO of Crypto.com, acknowledged the partnership saying web3 startups participating in the accelerator program would quickly grow and scale. 

Specifically, AWS will help scale and grow projects looking to release solutions in decentralized finance (DeFi), GameFi, SocialFi, and Infrastructure applications. On the other hand, Cronos will make use of the AWS Activate program to assist budding web3 entrepreneurs in building potent projects in the sphere. 

The AWS Activate program for projects, including web3 platforms, to leverage Amazon’s infrastructure. Amazon provides, among others, free tools, support, and resources with up to $100,000 in free Amazon credits.

The objective is to drive blockchain adoption in a setup where web3 startups will gain quick access to AWS resources while receiving expertise from Cronos Labs. 

Cronos Labs is a startup accelerator specializing in DeFi and blockchain games. It is also involved in the building and expansion of the Cronos Chain ecosystem. 

Meanwhile, Cronos is an open-source, proof-of-authority (POA), and interoperable blockchain compatible with the Ethereum Virtual Machine (EVM) and Cosmos ecosystems.

The Cronos Accelerator Program was launched in June 2022 and is backed with $100 million from Cronos Labs Ecosystem Fund to support “ongoing ecosystem development.” 

There are usually between 3-4 cohorts comprising 10 startups every year. Developers go through a 14-week program where they are trained and linked with mentors. 

Ken Timsit, the Cronos Managing Director, said the accelerator assists projects in “almost all areas of their operations,” with each successful project receiving up to $1 million in funding.

Through Cronos Accelerator, we want to enhance the potential of projects that sincerely want to help grow the ecosystem by providing support in almost every area of their operations. In the current climate, it is more important than ever to put our heads down and start building aggressively.

CRO Prices Rally

Following this partnership, CRO, the native currency of the Cronos Chain, is up 15% in the past three days, with buyers building on gains registered on April 26. Notably, CRO prices are above April 2023 highs and appear to break higher as a bullish formation emerges. 

Cronos (CRO) Price On April 27| Source: CROUSDT On Binance, TradingView

Earlier this week, Google Cloud, an AWS competitor, partnered with more blockchain firms, including Solana Foundation and Aptos, to attract more web3 projects.

Google Cloud said it was expanding on its Google for Startups Cloud program by adding specific benefits for web3 projects leveraging its rails.



from Bitcoinist.com https://ift.tt/7m6A49k

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