FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX US Solvent

FTX Reports 5M in Hacked Crypto, Bankman-Fried Says FTX US Solvent

Jan 17 (Reuters) – Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that around $415 million worth of cryptocurrency was stolen in hacks. FTX said it recovered more than $5 billion in crypto, cash and liquid securities, but there were still large deficits on its international and US crypto exchanges. FTX … Read more

Tesla video promoting self-driving was staged, engineer testifies

Tesla video promoting self-driving was staged, engineer testifies

Jan 17 (Reuters) – A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities such as stopping at a red light and accelerating at a green light that the system didn’t have, according to testimony from a senior engineer. The video, which remains archived on Tesla’s website, was … Read more

Cryptoverse: Bitcoin is back with a bonk

Cryptoverse: Bitcoin is back with a bonk

Jan 17 (Reuters) – Bitcoin is in charge in 2023, dragging the crypto market to the ground and electrifying bonk, a new meme coin. The No. 1 cryptocurrency posted a 26% gain in January, surging 22% in the past week alone, climbing back above the $20,000 level and setting itself on course for its best … Read more

US lends $700 million to Ioneer for Nevada lithium mine

US lends 0 million to Ioneer for Nevada lithium mine

WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% … Read more

China acquires ‘preferred shares’ in two Alibaba units

China acquires ‘preferred shares’ in two Alibaba units

BEIJING, China, Jan 13 (Reuters) – China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd (9988.HK), according to company registration records, so that Beijing is extending its campaign to tighten control over the Internet. contents. Beijing has taken “preferred shares” in private online media and … Read more