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...Following the detention of the executives, Binance halted trading of the naira against bitcoin and tether digital coins on its exchange....
...The quadrennial move was designed with the creation of the cryptocurrency and intended to hedge against inflation....
...What’s your take on the bitcoin halving and the outlook for the mining sector? As always, email me at scott.chipolina@ft.com....
...Schultz told investors that the deal would add to JD’s earnings in the first full year of ownership, with cost savings expected to be at least $25mn....
...Both parties “caused devastating losses for investors and wiped out tens of billions of market value nearly overnight”, said the SEC’s director of enforcement Gurbir Grewal after the verdict....
...The move is part of an audacious effort to become a “global sports-fashion powerhouse” set out by chief executive Régis Schultz after he joined in 2022....
...Rishi Sunak faces another difficult by-election after former Conservative MP Scott Benton announced his resignation from the House of Commons on Monday....
...Scott’s Ripley is no longer a boyish, bright-eyed opportunist prone to fits of violent passion but more of a calculated, cynical operator....
...the former Ofac official added. What’s your take on crypto’s role in disinformation campaigns? As always, email me at scott.chipolina@ft.com....
...“It won’t be dissimilar to when China banned mining [in 2021], everybody unplugged, and the percentage rewards skyrocketed for the miners that were still standing,” said Matthew Schultz, executive chair...
...Bitcoin hit a record high this week, taking its gains since the start of the year to 60 per cent as a new wave of capital piles into the digital currency....
...Howard Schultz is stepping down from the board of Starbucks with immediate effect, the coffee chain announced on Wednesday....
...As always, email me at scott.chipolina@ft.com....
...Scofield opened the evening with an overture of stinging lead lines and precisely bent notes, while skitters of drums darted into the repetitive thud of indie rock....
...Some say the regulator has deprived UK investors of one of the best-performing investments available....
...The changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent, according to a study by the Consumer Federation of America, a watchdog....
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...As always, email me your thoughts at scott.chipolina@ft.com. Join me and fellow colleagues at FT’s flagship Crypto and Digital Assets Summit on May 8-9 in London....
...What’s your take on the crypto lobby’s latest moves? As always, email me at scott.chipolina@ft.com....
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...As always, email me at scott.chipolina@ft.com Weekly highlights Do Kwon had a reprieve from extradition to the US from Montenegro this week when a court granted an appeal and set a retrial for the former...
...Since the start of this year, bitcoin’s price has surged more than 60 per cent....
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