Singapore State Investor Temasek Engaging With FTX For Bailout

There could be a surprising twist in the drama surrounding Sam Bankman-Fried’s insolvent crypto exchange FTX. As reported by The Straits Times, a possible government takeover by Singaporean state investor Temasek could be on the table. The group is one of FTX’s many investors. FTX’s other investors include BlackRock, Sequoia Capital, Circle, Ontario Teachers’ Pension … Read more

U.N. chief slams companies engaging in ‘toxic cover-up’

There have been growing concerns that some firms have not aligned their efforts with the latest climate science There have been growing concerns that some firms have not aligned their efforts with the latest climate science The U.N.’s chief called on Tuesday for an end to a “toxic cover-up” by companies as a sweeping report … Read more

Chhello Show Review: Visually Arresting, Emotionally Engaging Coming-Of-Age Tale

A still from Chhello Show. (courtesy: imdb.com) Cast: Bhavin Rabari, Bhavesh Shrimali, Richa Meena, Dipen Raval, Paresh Mehta, Vikas Bata, Rahul Koli, Shoban Makwa, Kishan Parmar, Vijay Mer, Alpesh Tank and Tia Sebastien Director: Pan Nalin Rating: Four stars ( out of 5) Light and the magic that it can create combine to serve as … Read more

Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities

The United States Federal Reserve Board issued a letter Tuesday to its supervisory officers, staff and the banks they supervise regarding activities with crypto assets. The letter covers the preliminary steps a bank must go through before engaging in activities with crypto and instructs banks to notify the board before proceeding with those activities. The … Read more