Ukrainian drones have struck two Russian air bases hundreds of miles from the frontlines. On Monday, Kremlin officials acknowledged the attacks damaged two Russian warplanes, and reported three people were killed and five others wounded in an explosion at a military base about 150 miles from Moscow. Russia responded with a fresh barrage of missile
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In a risk-off environment where cryptocurrency has plummeted to a fraction of its previous valuation, its no secret raising capital in 2022 has become a challenge for startups and industry behemoths alike. But for those still building in the space, bear markets are pivotal for creating a foundation for the next market frenzy. While the
homeward bound — After lunar flyby, NASAs Orion spacecraft is set to splash down on Sunday NASA is now three weeks into a 25.5-day test flight of the Orion spacecraft. Eric Berger – Dec 6, 2022 2:38 pm UTC Enlarge / Orion, the Moon, and a crescent Earth on Monday.NASA reader comments 49 with 0
Apple Inc.AAPL co-founderSteve Wozniakhas describedBitcoinBTC/USD as the only cryptocurrency thats pure-gold mathematics. What Happened: Wozniak made the comments about Bitcoin in aninterviewwith Business Insider, adding that many cryptocurrencies are untrustworthy and have a track record of being rip-offs. There are so many cryptocurrencies that come out now; everybody has a way to create a new
The Treasury is finalising plans for a package of sweeping rules to regulate the cryptocurrency industry, including limits on foreign companies selling into the UK, provisions for how to deal with the collapse of companies and restrictions on the advertising of products. Ministers will shortly launch a consultation on the new regulatory regime, after the
Ending Jack Mas Ant Groups two-year-long regulatory feud, Chinese authorities will reportedly impose a fine of more than $1 billion on the billionaires fintech company. What Happened: Chinas central bank which has been driving the revamp at Ant after the Xi Jinping-led administration scuttled the company's $37 billion IPO at the last minute in 2020
Counting losses — Former Twitter employees explain why Apple actually paused ads Apple has “fully resumed” Twitter advertising after Musk misunderstanding. Ashley Belanger – Dec 5, 2022 5:04 pm UTC EnlargeSOPA Images / Contributor | LightRocket reader comments 84 with 0 posters participating Share this story Share on Facebook Share on Twitter Share on Reddit
FalconX wants to correct the record. Over the weekend, Benzingaand other publications reported a $17 million USDC deposit in FalconX from a wallet attributed to Alameda Research. The crypto trading platform has since been clarified since that although the sender was marked Alameda Research, it was mislabeled. FalconX emailed Benzinga, with a spokesperson stating: $17M
creeping up on Bigfoot — US Forest Service is the latest government agency to try electric trucks By 2027, all light-duty vehicles bought by the federal government must be EVs. Jonathan M. Gitlin – Dec 5, 2022 2:28 pm UTC Enlarge / I wonder if the US Forest Service will like the F-150 Lightning as
Elon Musk's Twitter is working on Twitter Coins, but it is not yet clear if the feature will be similar to Meta Platforms Inc.'s META Facebook Stars or TikTok Coins,or if it's a part of the now paused cryptocurrency wallet. What Happened:Social media developer Nima Owji shared a screenshot on Twitter saying that the microblogging
President Joe Bidens administrationhas called for stronger regulatory controls over Bitcoin BTC/USD and other cryptocurrenciesin response to the scandal, potential fraud, and money lost through the collapse of Sam Bankman-Frieds FTX FTT/USD exchange and sister company, quantitative investment firm Alameda. White House Press SecretaryKarine Jean-Pierresaid, Without proper oversight, crypto risks harming everyday Americans, so this
For want of a few boxes — After the Artemis I missions brilliant success, why is an encore 2 years away? “I would say that were going to try our best to get there.” Eric Berger – Dec 5, 2022 12:00 pm UTC Enlarge / Orion, the Earth, and the Moon, captured during the Artemis
An FTX FTT/USD customer who claimedhe lost $750,000 after the exchange went bankrupt has filed a lawsuit against the NBA's Golden State Warriors based on the teampromoting the allegedly fraudulent crypto exchange, according to a Reuters reportfromMonday. Elliott Lamfiled the class-action lawsuit in San Francisco, naming Sam Bankman-Fried, Caroline Ellisonand the Golden State Warriors in
In Zhin vs. Zin, Zhin is likely to win — Dmitry Rogozin may be in some trouble in Russia Wagner Group soldiers are well-trained to identify those attired in NATO clothing. Eric Berger – Dec 5, 2022 2:42 pm UTC Enlarge / Dmitry Rogozin, second from left, has been active in the Donbas region of
Rising interest rates have crushed high-growth tech stock valuations in 2022, and most of the high-profile fintech IPOs of recent years are now trading well off their post-IPO highs. On Wednesday, DataTrek Research co-founder Jessica Rabe said fintech startups are now relying heavily on private financing. Coinbase Global Inc COIN , SoFi Technologies Inc SOFI
Less than one decade ago, Elizabeth Holmes was the darling of Silicon Valley. After dropping out of Stanford University, she launched a startup called Theranos, which claimed to have mastered the extraordinarily complex biochemistry problem of testing for a variety of diseases from a single drop of blood. Only after she secured a $9 billion
On Sunday, Elon Musk took to Twitter Spaces to throw his support behind the meme-inspired cryptocurrency Dogecoin DOGE/USD . What Happened: Musk said Dogecoin to the moon in response to a question about the usage of crypto payments on Twitter. Ryans recap thread is accurate. Musk also said new verified rollout in about a week.
EU countries cut gas demand by a quarter in November even as temperatures fell, in the latest evidence that the bloc is succeeding in reducing its reliance on Russian energy since Moscow’s full-scale invasion of Ukraine. Provisional data from commodity analytics company ICIS showed gas demand in the EU was 24 per cent below the
During the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 attendees from across the globe. Perspectives on the opportunities and challenges facing business, innovation, and government were discussed. Beyond speaking engagements, the Web Summit featured pitch competitions and afterparties, including onewith DJsDavid Guetta and Armin Van Buren.
Edwin Dorsey, a 24-year-old investing maven and author of the weekly newsletter, The Bear Cave, recently posted on Twitter that institutional trading platform, FalconX would no longer be using Silvergate Exchange Network (SEN). Dorsey shared a communication that appears to be from FalconX to its customers. The message stated: Out of an abundance of caution