Sam Bankman-Fried criticises lack of international coordination on crypto June 16, 2022 The founder of crypto exchange platform FTX called out the lack of global cooperation on crypto regulation. Sam Bankman-Fried said today that most countries were approaching crypto regulation on their own, and that there was a need for a globally harmonised approach. Speaking at a Financial Times conference on Thursday, the FTX CEO said the [...]
Activision Blizzard board denies claims execs turned blind eye to gender harassment June 16, 2022 Activision Blizzard board members have pushed back against claims that execs ignored or downplayed gender harassment at the firm.
Revenue dips for musicMagpie as book sales slump June 16, 2022 Seller of refurbished products musicMagpie posted a solid performance for its half year results this morning, despite economic headwinds battering the industry.
Bitcoin bounces back after biggest US rate rise in quarter century June 16, 2022 The Bitcoin price has recovered somewhat over the past 24 hours, rising to just below $22k again this morning.
Crypto crash to get worse with deeper price drops as a multibillion-dollar hedge fund struggles to survive June 15, 2022 The price of leading cryptocurrencies continued to plummet today, with industry experts warning that the “crypto winter” could last for years. Bitcoin dropped about 3.87 per cent per cent today to $21,392.46 trade at $, while Ether fell 3.73% per cent to $1162.52. Bitcoin is now down near 70 per cent from it’s all-time high of [...]
Royal Mail boss says prices are ‘under review’ as firm faces union battle June 15, 2022 The boss of Royal Mail has said he will keep costs “under review” as the firm struggles to balance the cost of living crunch with rising union action. Speaking to Sky News earlier today, Simon Thompson explained that his team was “not immune” to the cost of living crunch, acknowledging the Communication Workers’ Union (CWU) threats of [...]
EP: 140 Royal Ascot – Friday June 15, 2022 The Coronation Cup for fillies and the Commonwealth Cup for sprinters are the two Group 1 feature races on Friday at Royal Ascot. Today we are joined by classic winning trainer George Boughey who runs Cachet in the Coronation and Alice Haynes who sends her 2-year-old filly Lady Bullet to the Albany Stakes. Morning Wire [...]
Tinkering did for England in the Nations League but no need for a culture war over Southgate June 15, 2022 It is as well that Gareth Southgate has always seemed acutely aware of the thin ice on which England managers exist, given the reaction that greeted Tuesday’s defeat to Hungary. The shock 4-0 loss, England’s heaviest in a home fixture for more 90 years, prompted boos from the Molineux crowd and, laughably, even the odd [...]
Revolve brings a buzzy brasserie to bustling Broadgate Circle June 15, 2022 Imagine Magaluf but populated entirely by people who work in finance – that’s Broadgate Circle on a balmy summer evening. It’s a mad, sweaty cauldron full of pink-faced men drinking lager and gently glistening in the heat. Take a step back from the epicentre and you’ll find a second, slightly elevated circle of bars and [...]
Bill Gates says he’s not involved in crypto or NFTs, mocks them for being based on “greater fool theory” June 15, 2022 Bill Gates is sceptical of cryptocurrencies and non fungible tokens (NFTs), blasting them for being based on “greater fool theory”. Speaking to TechCrunch on Tuesday, Microsoft’s billionaire ex-CEO said he’s not involved in crypto or NFTs, saying they were “100% based on a sort of greater fool theory, where someone is going to pay more [...]