The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images The co-founders of failed crypto hedge fund Three Arrows Capital appear to be on the run from creditors, according to court documents recently filed in New York. Lawyers representing the creditors say the physical whereabouts of Zhu
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The candidates who have made it through to the next stage of the race to replace Boris Johnson as Tory leader and prime minister have been revealed. The eight MPs who have got through to the first round are: • Rishi Sunak• Penny Mordaunt• Tom Tugendhat• Liz Truss• Suella Braverman• Jeremy Hunt• Kemi Badenoch• Nadhim
Heathrow Airport has been accused of trying to maximise profits during a difficult travel period at the expense of airlines. The claim comes from the former boss of BA owner IAG, Willie Walsh, who is now director general of the International Air Transport Association (IATA) – a body representing global airlines. He was speaking after
The head of Islamic State in Syria has been killed in a US drone strike, according to the Pentagon. Maher al-Agal, one of the jihadist group’s top five leaders, died on Tuesday outside the town of Jindaris, in northwest Syria, close to the Turkish border, said US Central Command. An unidentified senior IS official, who
NASA officials gathered today to unveil first full-colour images from the James Webb Space Telescope, the largest and most powerful orbital observatory ever launched. The first batch of full-colour, high-resolution pictures, which took weeks to render from raw telescope data, were selected by NASA to provide compelling early images from Webb’s major areas of inquiry and a preview of science missions ahead.
All ambulance services in England and Wales are under “extreme pressure” and are on the highest level of alert, as soaring temperatures pose health risks to the public. Staff absences due to COVID, difficulties caused by the hot weather and continuing delays in handing over patients to hospital A&Es have combined to leave ambulance trusts
Thailand could soon introduce chemical castration in return for a reduced prison sentence for sex offenders. The bill, which the lower house passed in March, has been approved by 145 senators, with two abstentions. It still requires another house vote, then royal endorsement. Of 16,413 convicted sex offenders released from Thai prisons between 2013 and
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by Aventon: Aventon’s award-winning Pace 500 & 350 set a standard for upright cruiser ebikes with new upgrades and design features. Check out the full line on Aventon’s website. New episodes
With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years of the internet. Industry players said however that most of these coins will collapse. Nurphoto | Getty Images As recently as March, Three Arrows Capital managed about $10 billion in assets, making
Squid Game has become the first non-English language Emmy nominee. The South Korean hit about a brutal survival contest has been nominated in the prestigious category of outstanding drama series as well as earning a nod for its lead star Lee Jung-jae. The Netflix show’s nomination underlines the power of the streamers in a set-piece awards
Hear why former Trump White House attorney James Schultz says Pat Cipollone’s testimony to the Jan. 6 committee should be worrisome to the former President. #CNN #News
Labour will today push to hold a no confidence vote in the government to remove Boris Johnson from Number 10 and potentially trigger a general election. The party wants the vote to take place in the Commons tomorrow, rather than allowing the prime minister to stay in post while the Conservatives elect a new leader.
A booster rocket developed by Elon Musk’s SpaceX for its next-generation Starship spacecraft burst into flames during a ground-test firing on Monday in Texas, dealing a likely setback to Musk’s aim of launching Starship to orbit later this year. “Yeah, actually not good. Team is assessing damage,” Musk tweeted after the early evening explosion of
Retail sales volumes have fallen to a rate “not seen since the depths of the pandemic”, according to industry data showing the third consecutive monthly decline as inflation eats away at household spending power. The British Retail Consortium (BRC) said the value of total sales was 1% lower in June than a year ago. That
Japan has said farewell to its country’s its longest-serving prime minister, Shinzo Abe, who was shot dead at a campaign rally last week. Long lines of people queued outside the Zojoji temple in Tokyo to pay their respects to the man who dominated Japanese politics for decades. The 67-year-old’s assassination by an unemployed man wielding
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Twitter said Monday in a letter that Elon Musk‘s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrongful.” The letter, addressed to Musk’s lawyers, followed the Tesla CEO’s
The winner of the Conservative leadership contest will be unveiled on 5 September – and some candidates could be knocked out of the race today. Eleven Tory hopefuls have thrown their hat into the ring, but those who fail to get support from 20 MPs will not appear on the first ballot, which is due
I moved to a different state, and it took nearly three months to complete the registration of my leased Tesla Model 3. Here’s what to know. Registering a leased Tesla in a different state I leased my first Tesla, a Model 3, in June 2021. In spring 2022, we moved from Florida to Vermont. We
We’re buying 15 shares of Pioneer Natural Resources (PXD) at roughly $215.25 each. Following Monday’s trade, the portfolio will own 205 shares of PXD – increasing its weighting to 1.57% from 1.45%. We are stepping Monday to take advantage of the recent decline in Pioneer Natural Resources. We do not believe the move reflects the
11:42 AM ET Jeff PassanESPN Close ESPN MLB insiderAuthor of “The Arm: Inside the Billion-Dollar Mystery of the Most Valuable Commodity in Sports” The Atlanta Braves acquired the 35th pick in Sunday’s Major League Baseball draft from the Kansas City Royals for center-field prospect Drew Waters, right-handed pitching prospect Andrew Hoffmann and Double-A third baseman