Hackers who drained FTX and FTX.US of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11 continue to move assets around in an attempt to launder the money. A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a
Britain is poised to relax one of the biggest restrictions on the banking sector as part of “Big Bang 2.0”, the long promised liberalisation of post-Brexit financial services rules. The “ringfencing” of banks with retail and investment arms was introduced after the 2008 financial crash with the aim of reducing risk and preventing banking collapses.
Anchorage, Alaska, received two rating downgrades ahead of plans to sell $105 million in general obligation bonds competitively on Dec. 6. Fitch Ratings downgraded the city’s issuer default rating to AA from AA-plus Nov. 22, maintaining a stable outlook; and S&P Global Ratings downgraded the city to AA from AA-plus Nov. 23, maintaining a negative
Artemis I rising — Orion flies far beyond the Moon, returns an instantly iconic photo “Its really hard to articulate what the feeling is.” Eric Berger – Nov 29, 2022 1:42 pm UTC Enlarge / Orion, the Moon, and Earth in one photo.NASA reader comments 90 with 0 posters participating Share this story Share on
close video Biden administration vows to monitor Twitter ‘misinformation’ Former Miami Beach Mayor Philip Levine discusses Twitter’s advertising drama, the White House monitoring the social media platform for ‘misinformation’ and Apple limiting airdrop function in China amid unrest. The Elon Musk regime at Twitter is no longer enforcing the platform's COVID-19 misinformation rules, a move
Through the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 technology-focused 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, with one featuringDJsDavid Guetta and Armin Van
If youre nuts about fintech, are new to the industry or even a seasoned pro, youll want to join the more than 1,000 attendees expected at this years Benzinga Fintech Deal Day & Awards. Make critical connections with successful fintech leaders. Meet more fintech business leaders in oneday than you would in a year. Its
At this point, you have probably absorbed, directly and indirectly, more than enough information on Web3s disgraced hero, Sam Bankman-Fried (SBF) and his currently insolvent businesses, FTX FTT/USD and its sister company, quantitative trading firm Alameda Research. Yet the story continues to unfold well beyond the investigations underway by the US Securities and Exchange Commission
Tiger Global Managementhas increased its stake in tech giants on Wall Street while simultaneously cutting its stake in someof the Chinese EV players, according to its SEC filings. Tiger Global has loaded up on over 845,000 shares ofMicrosoft CorporationMSFT during the third quarter, taking its holdings to over $1.39 billion. The company also picked up
Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would do best by
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as though it could be 2022’s
The US is pushing European allies to take a harder stance towards Beijing as it tries to leverage its leadership on Ukraine to gain more support from Nato countries for its efforts to counter China in the Indo-Pacific. According to people briefed on conversations between the US and its Nato allies, Washington has in recent
Municipals were better to start the week in constructive secondary trading while U.S. Treasuries pared back earlier gains to close the session mixed and equities ended in the red. Triple-A yields fell three to five basis points along the curve while UST were little changed to weaker by a basis point on the short end.
The public agency that owns the stadium built for the former St. Louis Rams votes this week on an agreement to divvy up a $790 million settlement over the team’s 2016 departure, setting the stage for debate over how to put the funds to use. The tentative agreement to distribute the settlement reached with the
BEIJING – The police have cracked down on protesters who took to the streets in major cities in China over the weekend, arresting demonstrators for publicly opposing the countrys tough zero-Covid-19 measures. At least three people were taken from their homes in Beijing on Monday after attending a peaceful protest by Beijings Liangma River on
close video Frontier Airlines CEO on soaring holiday airfare Frontier Airlines CEO Barry Biffle weighs in on reports airfare for the 2022 holiday season will be the most expensive in five years, claiming planes will ‘sellout’ on ‘Maria Bartiromo’s Wall Street.’ Frontier Airlines will no longer have a customer service phone line to help travelers
GaN you dig it? — USB-C desktop power chargers testedthe best GaN-based boxes We tested the best multi-port, high-wattage chargers for the plug-deprived. Kevin Purdy – Nov 28, 2022 12:00 pm UTC Enlarge / GaN desktop chargers in their native habitat. From left: Ugreen Nexode 200W, Hyper 245W GaN Desktop Charger, and Anker 727 Power
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
Cyber Monday — Here are all the best Cyber Monday deals we could find[Updated] Cyber Monday is here, with new deals joining many still-available Black Friday deals. Corey Gaskin – Nov 28, 2022 5:21 am UTC EnlargeArs Technica reader comments 167 with 0 posters participating Share this story Share on Facebook Share on Twitter Share
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