The cryptocurrency exchange FTX, which was in financial difficulty, reached an agreement to settle a dispute related to its European division. As a result, the company was returned to its previous owners. According to a Reuters report, FTX agreed to sell FTX Europe to its founders for 32.7 million…
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Google will not shut down Gmail services

Google clarified that Gmail will continue to operate and will not close, refuting rumors that surfaced after a supposed viral statement on social media claimed otherwise. X developer Chris Bakke shared on his personal profile a seemingly…

FTX will be able to sell $1 billion dollars

The bankrupt cryptocurrency exchange FTX got the judge's approval to sell more than $1 billion in shares of artificial intelligence startup Anthropic. Judge John Dorsey of the Delaware Bankruptcy Court ruled at a hearing on 22 February…

IMF issued warning on agrarian protests in Europe

The International Monetary Fund (IMF) issued a warning about agrarian protests in Europe, noting that they could have an impact on prices if they persist. However, the IMF also states that these protests are not expected to have a major…

Sam Bankman-Fried is back on the jury.

Sam Bankman-Fried, former CEO of FTX, returned to court for one of the first times since his conviction. The reason for this appearance was to discuss possible conflicts of interest with their lawyers. According to a February 21 report by…

EU approved new sanctions against Russia

The European Union adopted its thirteenth package of sanctions against Russia in response to Russia's aggression against Ukraine. This new package affects some 200 individuals and entities, mainly from Russia. Here are the key details:…

US overtakes Saudi Arabia in oil production

The US already produces 40% more oil than Saudi Arabia, and the gap continues to widen. This situation, which seemed unimaginable less than 10 years ago, has become a reality thanks to the success of fracking (hydraulic fracturing) and…

Venezuela’s credit portfolio continues to grow

In January 2024, the credit portfolio of Venezuelan banks experienced a slowdown in its growth. However, it maintained a significant upward trend, with expansions of 3.5 % compared to December and an impressive 215.5 % year-on-year,…