The lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions.Story Published at: November 16, 2022 at 07:39PM
Gemini, BlockFi, Genesis announcing new restrictions as FTX contagion spreads
Fed’s Waller says he’s open to a half-point rate hike at December meeting
The Fed governor said he’s open to reducing the level of interest rate increases to half a percentage point in December.Story Published at: November 16, 2022 at 07:37PM
Binance CEO says crypto ‘will be fine’ and announces industry recovery fund
The CEO of online exchange for trading cryptocurrency, Binance, will establish a recovery fund to help people in the industry, but says sector “will be fine.”Story Published at: November 16, 2022 at 03:25PM
Elon Musk’s idea for paid Twitter verification is ‘completely flawed,’ EU competition chief says
Elon Musk’s idea for a subscription model to pay for Twitter’s sought-after blue check is “completely flawed,” Europe’s competition chief told CNBC Wednesday.Story Published at: November 16, 2022 at 02:58PM
NATO chief says Poland blast likely caused by Ukrainian missile — but not Ukraine’s fault
NATO said there was no indication that the missile strike that hit a Polish border village on Tuesday night was deliberate, saying that Russia was ultimately to blame as it continues to bombard Ukraine with missiles.Story Published at: November 16, 2022 at 12:00PM
Kyiv says Poland strike a ‘very sensitive issue’ after reports say Ukrainian forces fired the missile
Ukraine’s defense ministry is cautious after reports suggested its own armed forces fired a missile that hit Poland.Story Published at: November 16, 2022 at 10:15AM
IPO funds raised by Southeast Asian companies fall amid economic headwinds
Southeast Asia launched less IPOs and raised less funds amid economic headwinds. But 2023 still has room for high growth, as we emerge from the pandemic.Story Published at: November 16, 2022 at 09:45AM
Bird flu is threatening British food staples, from the English breakfast to Christmas dinner
English breakfasts and traditional Christmas dinners could be off the menu as Britain’s worst outbreak of avian flu prompts fears of egg and turkey shortages.Story Published at: November 16, 2022 at 08:36AM
UK inflation hits 41-year high as food and energy prices continue to soar
U.K. inflation jumped to a 41-year high of 11.1% in October, exceeding expectations as food, transport and energy prices continued to squeeze households and businesses.Story Published at: November 16, 2022 at 07:11AM
NASA’s Artemis mission launches successfully, beginning long-awaited journey to the moon
The uncrewed launch marks the debut of the most powerful rocket ever assembled and kicks off NASA’s long-awaited return to the moon’s surface. Story Published at: November 16, 2022 at 07:08AM