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The Nowgam blast in Jammu and Kashmir has reignited focus on the area's history of terror activity. The incident, which occurred at the Nowgam Police Station, resulted in the deaths of nine individuals and injured several others. The Jammu and Kashmir government has announced an ex-gratia relief of Rs 10 lakh for the deceased and Rs 1 lakh for the injured. The blast is being investigated as an accidental explosion while sampling seized explosives, with the Jammu and Kashmir DGP ruling out a terror angle. The incident has been condemned by various political figures, including Farooq Abdullah and Mallikarjun Kharge, who have called for stronger safety measures and fair treatment for Kashmiris. The blast has also raised concerns about potential links to the Delhi Red Fort blast, with explosives recovered from Faridabad being transported to the Nowgam police station prior to the incident. Security has been tightened in the area following the blast.

Paxos, a major stablecoin issuer, accidentally minted and then burned $300 trillion worth of PayPal's stablecoin, an amount equivalent to double the world's total GDP. This significant error, described as an "internal technical error" by Paxos, has sparked debate about the risks associated with stablecoins and raised concerns about the integrity of PayPal's new stablecoin system. Despite the incident, Paxos has confirmed there was no security breach. Meanwhile, Bitcoin has been experiencing a price drop, falling below $108,000, as miners moved a substantial amount of BTC, further adding to market uncertainty.

Paxos, a blockchain company, accidentally minted $300 trillion worth of PayPal's stablecoin, PYUSD, due to a technical error. The incident, which occurred on the Ethereum network, was quickly noticed and rectified, with Paxos burning the minted tokens approximately 22 minutes later. The error, often referred to as a "fat-finger" incident, outpaced the total supply of USD by a significant margin. Following the incident, the New York Department of Financial Services (NYDFS) took notice, highlighting potential risks associated with stablecoins.

At least 19 people, mostly children, died when a Bangladesh Air Force jet crashed into a school in Dhaka, with the death toll later rising to 27. The incident sparked protests and renewed debate about training flights over cities. China, which produced the jet, faced scrutiny, while Bangladesh declared a day of national mourning.

Felix Baumgartner, renowned for his record-breaking space jump, died in a parapente accident in Italy.

Felix Baumgartner, the Austrian skydiver who gained fame for jumping from the stratosphere, died at 56 in a parapente accident in Italy.

Motocross mourns the loss of Borja Gómez, who died in a training accident. Hugo Jiménez, Borja Rincón, and Álex Sola secure spots.

20-year-old Spanish motorcyclist Borja Gómez died after an accident during training at the Magny-Cours circuit in France.