Month: June 2022

The US Federal Communications Commission on Thursday authorised Elon Musk’s SpaceX to use its Starlink satellite internet network with moving vehicles, green-lighting the company’s plan to expand broadband offerings to commercial airlines, shipping vessels and trucks. Starlink, a fast-growing constellation of internet-beaming satellites in orbit, has long sought to grow its customer base from individual
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Bitcoin just finished its worst month since May 2021, losing more than 38% of its value in June, as of Thursday afternoon. Ether, the world’s second biggest cryptocurrency by market capitalization, ended the same period down by about 47%. Though weakness in the digital assets sector is part of a broader flight from risk, confidence in the crypto market,
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The US Supreme Court, in a 6-3 ruling this morning, “sharply curtailed” the Environmental Protection Agency’s (EPA’s) options to regulate greenhouse gas emissions from existing power plants – the second-largest source of emissions in the US. Greenhouse gas emissions cause climate change. What the ruling said In 2007, the Supreme Court recognized EPA’s authority to
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Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021. Stefani Reynolds | Bloomberg | Getty Images FTX is swooping in to buy crypto lender BlockFi for pennies on the dollar, sources told CNBC. The term sheet is
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Aston Martin has said it is considering multiple funding options following reports that Saudi Arabia’s sovereign wealth fund was lining up a possible investment worth hundreds of millions of pounds. Responding to the reports, the luxury carmaker said that it was keeping all “funding options under review,” amid uncertainty around the company’s future. Aston Martin’s
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The Federal Bureau of Investigation seal is seen at FBI headquarters. Yuri Gripas | Reuters WASHINGTON — The FBI on Thursday added Dr. Ruja Ignatova, the self-proclaimed ‘Cryptoqueen,’ to its list of Ten Most Wanted fugitives, and is offering a $100,000 reward for information leading to her arrest. Ignatova, the founder of a cryptocurrency called OneCoin that
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