Factbox: From Binance to Voyager, Crypto Firms Exposure to FTX is Coming to Light

LONDON, Nov 14 (Reuters) – After major cryptocurrency exchange FTX filed for US bankruptcy protection on Friday, the cryptocurrency industry is bracing for further fallout. Some FTX investors have said they are reducing their investment to zero. Other cryptocurrency companies may be exposed to FTX by having held tokens on the stock exchange or by … Read more

Cryptocurrency markets in turmoil over FTX failure

Nov 11 (Reuters) – Cryptocurrency exchange FTX filed for bankruptcy in the United States on Friday and Sam Bankman-Fried stepped down as CEO after a liquidity crisis that required intervention from regulators around the world. FTX, its Alameda Research affiliated cryptocurrency trading fund, and about 130 other companies have initiated voluntary Chapter 11 bankruptcy proceedings … Read more

Exclusive: Russian software disguised as an American makes its way into the US Army’s CDC apps

LONDON / WASHINGTON, Nov 14 (Reuters) – Thousands of smartphone apps in Apple (AAPL.O) and Google (GOOGL.O) online stores contain computer code developed by a tech company, Pushwoosh, which presents itself as headquartered in the United States, but is actually Russian, Reuters found. The Centers for Disease Control and Prevention (CDC), the leading US agency … Read more

Roche’s Alzheimer’s drug fails to achieve its goal in the long-awaited process

Evidence shows small benefits, but with no statistical validity Roche’s setback leaves Biogen, Eisai leader in the field Onus on Roche CEO appointed to revive development fortunes Roche shares down 3.4%, development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s Alzheimer’s drug candidate (ROG.S) has not been shown to slow the progression of dementia … Read more

Exclusive: Tesla considered exporting electric vehicles from Shanghai to the United States, Canada

SHANGHAI, Nov 12 (Reuters) – Tesla has considered plans to export Chinese-made electric vehicles to the United States and Canada, two people familiar with the planning told Reuters, a step that would link its most large factory to North America, its largest market. Tesla is considering whether the Model 3 and Model Y electric vehicles … Read more

Wall St Week Ahead The surge in US tech stocks leaves some investors doubtful that the rebound will last

NEW YORK, Nov 11 (Reuters) – Hopes that inflation is subsiding are fueling a surge in abused technology and megacaps, although some investors believe that still high valuations and doubts about companies’ earnings prospects may make a prolonged inversion is elusive. The tech-rich Nasdaq Composite Index (.IXIC) was up 8.1% this week, marking its largest … Read more

Analysis: FTX debacle makes investors rethink the battered cryptocurrency market

NEW YORK / LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of an industry already hit by the bitcoin bubble burst and the closure of key players. of the market. The cryptocurrency markets have come under severe pressure this year … Read more

Exclusive: US blocks more than 1,000 solar energy shipments due to Chinese slave labor problems

Nov 11 (Reuters) – More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have accumulated in U.S. ports since June under a new law banning imports from China’s Xinjiang region to cause of slave labor concerns, according to federal customs officials and industry sources. The level of kidnappings, which has … Read more

Musk warns of Twitter bankruptcy as other senior executives quit

Nov 10 (Reuters) – New Twitter owner Elon Musk raised the possibility of the social media platform failing on Thursday, closing a chaotic day that included a warning from a US regulator and the abandonment of senior executives seen as future leaders. The billionaire told Twitter employees during a call that he couldn’t rule out … Read more

FTX seeks $ 9.4 billion in bailout funds from rival-source investors

Nov 10 (Reuters) – FTX is looking to raise about $ 9.4 billion from investors and rivals, a source said Thursday, as CEO Sam Bankman-Fried urgently seeks to bail out the cryptocurrency exchange that was hit by a rush of customer withdrawals. In the past few hours, Bankman-Fried has been discussing raising $ 1 billion … Read more