Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency to customers that signed up for some of its accounts. The recording was provided by Tiffany Fong, who says
The southern counteroffensive by the Ukrainians to recapture the city of Kherson has been known about but unseen. The entire frontline has been closed to everyone for over two weeks, indeed it’s been shrouded in secrecy. After days of negotiation the military relented and allowed Sky News to the Kherson frontline to see what has
It may have been billed a mini-budget, but what Kwasi Kwarteng announced on Friday was massive. A package of tax cuts on a scale not seen for half a century, paid for through borrowing at increasingly expensive rates in the hope that it will deliver better growth. This is an administration that promised “shock and
Here at Electrek, I’ve had the rough job of testing literally hundreds of electric bicycles over the past few years (ok fine, it’s super fun). I’ve seen everything from bargain basement models to several ultra high-end electric bikes with cutting-edge materials and advanced production processes. Sometimes the cheapest electric bikes leave me wanting more, while
The Inflation Reduction Act signed into law by President Joe Biden in August includes historic investments to combat climate change. It may also open new avenues for fraud by expanding a program that has given federal authorities fits for years. The Renewable Fuel Standard, passed with broad bipartisan support in 2005, uses a system of
We all know the famous artists whose work sells for millions – Salvador Dali, Andy Warhol, Damien Hirst, David Hockney, Pablo Picasso and Jeff Koons to name but a few. It doesn’t take a genius to spot the common denominator – they’re all men. Now new research has found that despite leaps in gender equality
The chancellor has denied suggestions he is gambling with the economy as his raft of tax cuts were met with a hostile reception – and sent the pound plummeting to a 37-year low. The Institute of Fiscal Studies (IFS) said he was “betting the house” by putting government debt on an “unsustainable rising path”. Only
The growth plan outlined by the chancellor to lift the UK from the depths of the cost of living crisis and back to prosperity has been met with horror on financial markets, with the pound taking a particular hammering late in the day. Sterling, bonds and share values all fell sharply in the wake of
In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent
Sep 23, 2022 Everything you’re about to read is going to happen in the NHL this season. OK, most of it will. Some of it? At the very least, the thing about the Leafs. Probably. In my first column of the 2022-23 NHL season, I’ve made 32 bold predictions, one for each NHL team. They
President Zelenskyy says the Ukrainian flag will return to all parts of the country, after he visited one of the cities reclaimed by Ukrainian forces in recent days. Retired Air Vice-Marshal Sean Bell looks at what the next moves on the ground may be and what President Putin will do next. #skynews #ukraine #russia SUBSCRIBE
Fenger High School Principal Liz Dozier confronts gang violence and shootings to save her school and her students.
Double Booker Prize winner Dame Hilary Mantel, author of the epic Wolf Hall trilogy, has died aged 70. In a statement, her publisher 4th Estate books said: “We are heartbroken at the death of our beloved author, Dame Hilary Mantel, and our thoughts are with her friends and family, especially her husband, Gerald. “This is
In the end, Kwasi Kwarteng’s statement indeed cost more than £2 billion a minute and turned politics on its head. Threads that linked the three preceding Tory governments since 2010 were severed, while slogans, billboards and arguments about what it has meant in recent years to vote Conservative clattered into the waste bin. The new
Specks of dust retrieved by a Japanese space probe from an asteroid some 300 million kilometres from Earth have revealed a surprising component: a drop of water, scientists said Friday. The discovery offers new support for the theory that life on Earth was seeded from outer space. The findings are in the latest research to
Officials in Alabama have halted the lethal injection execution of a prisoner on death row because they couldn’t find a vein before the midnight deadline. Alabama corrections commissioner John Hamm said the decision to call off the scheduled execution of Alan Miller was made after it became clear they could not get the process under
Stormzy has sparked a rapturous response online with the surprise release of a new 11-minute music video featuring a plethora of cameos including Usain Bolt, Jose Mourinho and Louis Theroux. Mel Made Me Do It is the rapper’s first solo effort in nearly three years and its sharp, twisting rhymes put his songwriting prowess and
Income tax will be cut by one penny, Chancellor Kwasi Kwarteng has announced, as part of a raft of measures aimed at boosting economic growth. The reduction in the basic rate from 20% to 19% will be introduced in April 2023 – one year earlier than planned. At the same time, the 45% top rate
Here are the key points from Chancellor Kwasi Kwarteng’s mini-budget statement to MPs: • The basic rate of income tax will be cut to 19p in the pound from April 2023. Will mean 31 million people will be better off by an average of £170 per year. • The 45% higher rate of income tax
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