Musk, Tesla, and SpaceX sued by Dogecoin investor over alleged “pyramid scheme” June 17, 2022 Elon Musk, Tesla, and SpaceX were hit by a $258bn (£210.2bn) lawsuit on Thursday by a Dogecoin investor accusing them of engaging in a “Crypto Pyramid Scheme (aka Ponzi scheme)” relating to the cryptocurrency. The complaint, filed in a Manhattan court, alleged that the world’s richest man and the two companies he runs, electric vehicle [...]
Jurassic Park’s sound designer reveals the secret sounds of the dinosaurs June 17, 2022 For sound designer Al Nelson, jobs don’t come much bigger than Jurassic Park. When the technician started out in the industry in the late nineties, one of his first big jobs was The Lost World, Steven Spielberg’s follow-up to Jurassic Park, the film which birthed the seismic dinosaur franchise. In the 25 years since, Nelson [...]
Good Luck to you, Leo Grande review: Suave and sexy June 17, 2022 Sex and cinema haven’t historically been good bedfellows. The sight of two people getting it on often has censors clutching for their pearls, but thankfully, this new comedy-drama gets permission to be a bit more grown up. Emma Thompson plays Nancy, a retired RE teacher who hires handsome young escort Leo Grande (Daryl McCormack) for [...]
Lightyear review: Enjoyably nostalgic flight from the past June 17, 2022 Just when you thought Hollywood couldn’t find a new way to rehash old material, here comes a new category of film entirely. Lightyear is a spin-off of Toy Story, but one that imagines Buzz Lightyear as a real person. As the film explains in its opening moments, this is the movie that the toy was [...]
Friday’s Crypto AM Daily June 17, 2022 The Week in review With Jason Deane The theme of last week’s summary was that the narrow trading range Bitcoin had been in for weeks was “boring, but necessary” as the underlying development work is being ground out without fanfare. But that was last week. This week, Bitcoin and the broader markets were [...]
EP: 141 Royal Ascot – Saturday & Hong Kong June 17, 2022 The final Group 1 at Royal Ascot this week is the much anticipated Platinum Jubilee Stakes where another international field will look to add their name to this prestigious prize. The Hardwicke and the Jersey Stakes, plus the thrilling 6 furlong Wokingham Handicap also add to the excitement at the Berkshire course. Newmarket trainer Marco [...]
1 Minute Market Rundown – 17th June 2022 June 17, 2022 | City Talk Volatility ReignsUSD Bruised But Beaten YetCrypto Holds….For Now Well yesterday was not a day for the faint hearted – again! The SNB and the BOE both raised rates, one surprising the market by its move and one sticking to the script. The BOE acknowledged that inflation is out of control and the market took this [...]
Bitcoin miners hit by crypto crash as prices drop June 16, 2022 The recent crypto rout has hit bitcoin miners hard as prices of Bitcoin and other cryptocurrencies plunged. Miners have cut back on producing more Bitcoin as falling prices reduced the money they made for successfully mining the cryptocurrency. Mining involves using powerful computers to solve complicated puzzles that provide miners with new Bitcoin. The total [...]
Restricting CBDCs could stifle UK innovation, BofE adviser June 16, 2022 A member of the Bank of England’s digital currency forum has warned that hampering the development of a central bank backed digital currency (CBDC) could stifle innovation in the UK. Jess Houlgrave, who sits on the Bank of England’s CBDC Engagement Forum, which advises Threadneedle Street on the development of a CBDC, told Morning Wire [...]
New audit watchdog chair pledges tougher rules for company executives June 16, 2022 The new chair of the UK’s audit watchdog has vowed to make company directors accountable for corporate accounting scandals, in his first public speech as head of the Financial Reporting Council (FRC). FRC chair Sir Jan du Plessis said the government’s decision to water down plans for a British version of the USA’s “Sarbanes-Oxley [...]