Customers whose money is locked up on trading and lending platform Genesis and who have taken legal advice on the matter currently account for some $1.8 billion of loans, according to a CoinDesk source familiar with the situation. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details. Genesis and CoinDesk are both owned by the Digital Currency Group.
The CEO of Amazon's cloud computing business took over during the pandemic and oversaw the early transition to AI.
Fotios “Freddy” Geas, Paul DeCologero and Sean McKinnon will change their pleas to guilty after coming to agreements with prosecutors, according to court documents filed in the Northern District of West Virginia on Monday. Details of the plea agreements were not disclosed in the court documents.
The United States is hiking tariffs on $18 billion worth of Chinese imports, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday."It is really a signal to US automakers that the Biden administration is protecting the industry from Chinese EVs," he told AFP. But tariffs covering EV batteries and supply chains would be "a much bigger issue, because of the dominance of Chinese companies in the finished battery space and for critic
The death toll from a building collapse in the South African city of George last week edged up to 33 on Tuesday, as rescuers continued to comb through the rubble with 19 people still unaccounted for more than a week after the incident. Municipal officials said in a statement that only six of those who had been killed on the construction site had been identified so far, as authorities were struggling to get accurate names. Municipal officials said fluent speakers of the Chewa, Portuguese and Shona languages had been at the scene providing support.
South Korea's President Yoon Suk Yeol confirmed his country's participation in a Ukraine peace summit in a phone call with his Ukrainian counterpart on Tuesday, President Volodymyr Zelenskiy said on X. Zelenskiy said he told Yoon about the importance of encouraging other countries, including those from Asia-Pacific and Africa, to attend the summit next month in Switzerland that aims to rally support for Ukraine's vision for ending the war. "We also discussed ways to further develop our bilateral cooperation, including in the area of humanitarian mine clearance," Zelenskiy said.
Georgia's parliament has passed a law that critics see as a threat to media freedom and the country’s aspirations to join the European Union. Lawmakers defied weeks of large demonstrations in the capital that also featured anger at neighboring Russia. The law would require media, nongovernmental organizations and other nonprofits to register as “pursuing the interests of a foreign power” if they receive more than 20% of funding from abroad.
A French court on Tuesday acquitted French-Polish filmmaker Roman Polanski of defaming British actor Charlotte Lewis after she accused him of raping her when she was a teenager.The verdict by this court, which specialises in media cases, relates strictly to the charge of defamation and not over the actor's rape accusation against Polanski.
Donald Trump's former personal attorney, turned foe, Michael Cohen will undergo a grueling cross-examination Tuesday while senior Republicans increasingly politicize the trial by filing in to support the White House candidate six months before election day.Cohen answered questions from prosecutors for more than five hours on Monday and is expected to be turned over to Trump's defense attorneys at some point on Tuesday for a likely combative cross-examination.
Investigators searched three European sites belonging to American tyre giant Goodyear Tuesday, French prosecutors said, as part of an involuntary homicides probe into crashes caused by burst truck tyres.All were caused by the front left tyre bursting, causing the drivers to lose control, according to investigators.
French officials say "all means are being used to find" an escaped convict and the heavily armed assailants who attacked the vehicle that had been carrying him to prison.
"We call it green gold," says Ramadan Youssouf, a khat trader in the Ethiopian town of Aweday, one of the largest markets in the world for the mildly narcotic shrub.Many of the bundles from the Aweday market will make their way to Wajale, a border town straddling Ethiopia and Somaliland -- a breakaway region of Somalia.
Israeli troops drove deeper into the southern Gaza city of Rafah on Tuesday as fighting flared again in the north.
On Israel's 76th Independence Day, victory feels far away for many agonising over the fate of dozens of hostages still held in the war-ravaged Gaza Strip.But the more than seven-month war in Gaza and the absence of the remaining hostages have cast a long shadow over the normally joyous day.
US stock markets were little changed Tuesday as the first of two eagerly awaited US inflation reports did not provide conclusive clues about the future direction of US interest rates.Analysts said a miss in either direction on CPI could have a big impact on markets.
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Governor's effort to promote clean energy while keeping business and labor on board could serve as template for other Democrats.
The former president’s criminal hush money trial resumes Tuesday in Manhattan, where his former lawyer and so-called fixer is expected to take the stand for the second straight day.
Palestinian hauliers said on Tuesday they feared for the security of aid convoys to Gaza, a day after Israeli protesters wrecked trucks carrying humanitarian supplies bound for the enclave, which is facing a severe hunger crisis. Footage circulated on social media showed at least one burning truck while other images showed trucks wrecked and stripped of their loads, which lay strewn over the road near Tarqumiya checkpoint outside Hebron in the occupied West Bank. "Yesterday there was coordination for 70 trucks of aid to go the Gaza Strip," said Waseem Al-Jabari, Head of the Hebron Food Trade Association.
Rescue workers have continued efforts to find bodies underneath the rubble of a four-story building in the Nuseirat refuge camp, where 100 people were taking shelter.
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