The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heightened concerns about a weakening economy. CEO Zac Prince said in a tweet Monday that BlockFi has
Month: June 2022
The government has appointed a new cost of living business tsar to help support people with rising bills. David Buttress, the founder and former chief executive of online food order and delivery service Just Eat, will work in partnership with the private sector to identify, develop and promise new and existing business-led initiatives that support
Donald Trump was becoming “detached from reality” during the 2020 election and clung to outlandish theories to stay in power, a committee investigating the US Capitol riots has been told. The House of Representatives select committee has been looking into how and why the riots took place on 6 January last year. On the second
In this article BTC.CB= COIN The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase shares are down more than 20% in pre-market trading Monday. Coinbase makes a commission when
The Court of Appeal has ruled the first deportation flight taking asylum seekers to Rwanda can go ahead tomorrow. Rights campaigners have argued that the government policy is inhumane and will put migrants at risk. But officials have said the strategy will deter people from making dangerous Channel crossings from France in flimsy small boats
Kevin Spacey is due to appear in court on Thursday after being charged with four counts of sexual assault, the Metropolitan Police has confirmed. The Oscar-winning actor has been charged in relation to allegations of assault brought against him by three men. The 62-year-old also faces an additional charge of causing a person to engage
Concerns about inflation and slowing economic growth have triggered a sharp sell-off in financial markets. The FTSE 250 fell to its lowest level in three months on Monday after data showed the UK’s economy unexpectedly shrank by 0.3% in April. The domestically-focused mid-cap index was down 2.6%, while the FTSE 100, which is made up
Amber Heard has broken her silence following Johnny Depp’s win in their high-profile libel trial, saying she does not blame the jury for not believing her and that she did not have “fair representation” thanks to social media. The actress spoke out in her first on-camera interview following the jury’s verdict – which found in
The European Commission has warned it will take “proportionate action” to secure the legal implementation of the Northern Ireland Protocol after the UK government published legislation which will override the mechanism. The commission’s vice president Maros Sefcovic said the EU viewed the UK’s actions with “significant concern” and that it would consider what steps to
Scientists at Nanyang Technological University in Singapore (NTU Singapore) have discovered a way to make biocement from trash, making it a greener and more sustainable alternative to ordinary cement. Biocement is a type of renewable cement that binds soil into a solid block by using bacteria to induce a hardening reaction. Biocement has now been
With average national gas prices passing $5/gal in the US, there’s no time like the present to find a cost effective alternative to driving. And if that money-saving alternative happens to be fun, efficient, healthy and better for the air your kids breathe, then all the better. In fact, considering how much gas costs right
SINGAPORE — The shift toward plant-based proteins may benefit food security, the chief sustainability officer of Singapore’s state investor said Tuesday. Steve Howard of Temasek said around 18% of calories come from livestock, but 80% of agricultural land is used for farm animals. In some markets, 80% of grain is fed to livestock, he told
Rocket firm Astra Space’s mission to send tiny storm-monitoring NASA satellites to orbit on Sunday failed after a second-stage booster engine shut down early in space. The failure occurred roughly 10 minutes after a successful liftoff of Astra’s Rocket 3.3 at 1:43 p.m. ET (1743 GMT, or 11.30pm IST) from a launchpad at the Cape
7:58 PM ET Associated Press SONOMA, Calif. — Daniel Suarez became the first Mexican-born driver to win a NASCAR Cup Series race Sunday, holding off Chris Buescher for a historic victory at Sonoma Raceway. Suarez, a 30-year-old from Monterrey, finally won in the 195th career start of a Cup Series career that began in 2017.
A potential breakthrough that could lead to the first significant new US gun law in decades has been announced by a bipartisan group of senators. The framework for a firearms safety bill is a response to last month’s mass shootings but the proposal falls far short of tougher steps long sought by President Joe Biden
The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from the government to prevent an inflation-driven recession. The Office for National Statistics (ONS) had been expected by economists to confirm a slight rise in gross domestic product (GDP) for the month
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