BEIS Select Committee raises alarm bells over UK’s ‘dire’ climate progress report June 29, 2022 BEIS has raised alarm bells over a key report on Government’s progress to net zero, deeming it "dire", and "catastrophic for the country/
Binance CEO calls for greater regulation as crypto firms face liquidity issues June 28, 2022 The CEO of Binance urged for greater industry regulation as crypto firms face liquidity issues amidst the crypto rout. “There should be clearer regulatory guidelines on reserves for different types of businesses in the crypto space,” Changpeng Zhao said in an interview with Yahoo Finance on Monday. He also called for disclosure and transparency requirements, [...]
‘Worrying rise’ in crypto scams claiming to be celebrity endorsed, Santander says June 28, 2022 Cryptocurrency scams falsely claiming to be endorsed by celebrities are surging, Santander warned. “We’re seeing a worrying rise in ‘celebrity-endorsed’ cryptocurrency scams, where familiar faces are being misused on social media in order to con people out of often life-changing sums of money,” said Chris Ainsley, the bank’s head of fraud risk management in the UK. He warned [...]
SEC Chair calls Bitcoin a commodity and likens other crypto assets to securities June 28, 2022 Securities and Exchange Commission Chair Gary Gensler called Bitcoin a commodity while likening other crypto assets to securities. “Many of these financial assets, crypto financial assets, have the key attributes of a security,” he said to CNBC’s Jim Cramer on Monday. “Some, like Bitcoin… my predecessors and others have said, they’re a commodity.” He said [...]
Airbnb make global ‘house party’ ban permanent June 28, 2022 Airbnb confirmed this morning that its party ban for hosts and guests would be a permanent fixture for holiday goers. The firm said that disruptive parties and events will continue to be banned, including open-invite gatherings, as well as “chronic party houses”: scuppering fun for many party animals across the country. The property rental platform [...]
Inside the brilliantly creative Glastonbury Theatre & Circus fields June 28, 2022 It’s not all about Macca and Billie Eilish, don’t you know? Some of Glastonbury’s best areas involve no music at all. For instance, the Theatre & Circus fields are some of the festival’s oldest areas, where performers surprise punters with spontaneous shows as they pass by, and there are full-scale acrobatics pieces that you’d pay [...]
Government amends copyright law to make the UK an AI leader in a post-Brexit world June 28, 2022 The government has announced plans to shake-up copyright law to pave the way for the UK to become an artificial intelligence leader. Under the new rules, the government will make it easier to analyse material for the purposes of machine learning, research and innovation. It will also anyone with lawful access to this material should [...]
Crypto markets flat as European stock markets open higher June 28, 2022 The price of Bitcoin (BTC) continues to hold at above $20k, down around 1.7 per cent to $21,037 this morning.
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
Exclusive: Poor connectivity costs UK firms £18bn a year June 28, 2022 British SMEs are losing £18.77bn a year because of poor connectivity, costing the UK economy, an estimated loss of £7.7bn every year. The research, conducted by Three UK, YouGov and Development Economics, found that micro-businesses and small to medium sized firms, who provide their employees with work phones, are losing out on an average of one hour of [...]