Energy

Sam Bankman-Fried needed to let retail traders borrow funds to trade crypto derivatives: CFTC head
Technology

Sam Bankman-Fried needed to let retail traders borrow funds to trade crypto derivatives: CFTC head

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 meeting in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Photos Sam Bankman-Fried, co-founder of bankrupt crypto business FTX, used almost a calendar year seeking to influence regulators to permit him introduce a derivatives product that would make it […]

Read More
In Australia, firms plan ‘super hub’ to produce green hydrogen using wind and solar
Business

In Australia, firms plan ‘super hub’ to produce green hydrogen using wind and solar

This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg | Getty Images Plans for an Australian “super hub” focused on the generation of wind, solar and green hydrogen are taking […]

Read More
From  billion to criminal investigations: How Sam Bankman-Fried’s empire vanished overnight
World

From $32 billion to criminal investigations: How Sam Bankman-Fried’s empire vanished overnight

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC The Kimchi Swap put Sam Bankman-Fried on the map. The year was 2017, and the ex-Jane Street Capital quant trader noticed something funny when he looked at the page on CoinMarketCap.com listing the price of bitcoin on exchanges around the world. Today, that price […]

Read More
The ‘world’s largest floating wind farm’ produces its first power
Business

The ‘world’s largest floating wind farm’ produces its first power

Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world’s largest floating wind farm produced its first power over the weekend, with more turbines set to come online before the year is out. […]

Read More
‘Vaccination-style’ intervention essential to clear up power disaster, British isles power boss suggests
World

‘Vaccination-style’ intervention essential to clear up power disaster, British isles power boss suggests

Gas rates have soared to record ranges in excess of the last calendar year as better international need has been intensified in Europe. Sean Gladwell | Second | Getty Visuals LISBON, Portugal — The U.K. should embark on a “vaccination-style” exertion to address surging electricity prices and protect against upcoming power crises from occurring, in […]

Read More
The G-20 summit kicks off Tuesday. Here’s what to count on.
Politics

The G-20 summit kicks off Tuesday. Here’s what to count on.

Indonesian Finance Minister Sri Mulyani (C entrance) attends the G20 Finance Ministers Conference in Nusa Dua, on Indonesia’s vacation resort island of Bali, on July 16, 2022. SONNY TUMBELAKA | POOL | AFP via Getty Images Globe leaders are kicking off a assembly Tuesday on the vacation island of Bali, Indonesia as the global overall […]

Read More
‘Huge regime shift’: Lively administrators see enhance from the electrical power trade
Finance

‘Huge regime shift’: Lively administrators see enhance from the electrical power trade

ETF Edge ‘Huge regime shift’: Energetic professionals see raise from the energy trade Revealed Sunlight, Nov 13 202211:00 AM EST Noah Sheidlower@NSheidlower Look at Dwell Supply

Read More
FTX states it is really taking away trading and withdrawals, relocating digital property to a chilly wallet immediately after a 7 million suspected hack
Technology

FTX states it is really taking away trading and withdrawals, relocating digital property to a chilly wallet immediately after a $477 million suspected hack

In this photograph illustration, the FTX internet site is found on a laptop on November 10, 2022 in Atlanta, Georgia. Binance, the world’s greatest cryptocurrency business, agreed to purchase FTX, yet another large cryptocurrency trade, in a rushed sale in get to protect against a liquidity crisis, which is recognised as the “Lehman Moment” in […]

Read More
Sam Bankman-Fried reportedly denies fleeing to Argentina, claims he is nevertheless in the Bahamas
Technology

Sam Bankman-Fried reportedly denies fleeing to Argentina, claims he is nevertheless in the Bahamas

Sam Bankman-Fried, CEO and Founder of FTX, walks in the vicinity of the U.S. Capitol, in Washington, D.C., September 15, 2022. Graeme Sloan | Sipa by using AP Photos Sam Bankman-Fried advised Reuters he is nonetheless in the Bahamas, as rumors swirled right away that the disgraced ex-CEO of the now-bankrupt crypto exchange FTX experienced […]

Read More
Involving  billion to  billion of FTX customer resources have disappeared, SBF experienced a solution ‘back door’ to transfer billions: Report
Technology

Involving $1 billion to $2 billion of FTX customer resources have disappeared, SBF experienced a solution ‘back door’ to transfer billions: Report

Sam Bankman-Fried, co-founder and main government officer of FTX, in Hong Kong, China, on Tuesday, May well 11, 2021. Lam Yik | Bloomberg | Getty Images As Sam Bankman-Fried’s FTX enters individual bankruptcy safety, Reuters studies that amongst $1 billion to $2 billion of shopper money have vanished from the unsuccessful crypto trade. Both equally […]

Read More