Puerto Rico Electric Power Authority bondholder GoldenTree Asset Management and bond insurer Syncora Guarantee gave notice they will appeal several PREPA bankruptcy decisions. The appeal, announced Thursday, covers all “interlocutory orders merging into the final judgment,” issued by U.S. District Judge Laura Taylor Swain Tuesday for an adversary proceeding that the Oversight Board filed in
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. President Volodymyr Zelenskyy is pushing to speed up construction of military fortifications at key points along the frontline in eastern Ukraine, where Russian forces have stepped up attacks in recent weeks. The drive came
From research into AI to collaborative events encouraging the development of automation, Federal Housing Finance Agency Associate Director Anne Marie Pippin has been involved in several projects that given her broad insight into what the next wave of technology development in the industry may look like. In this discussion at NMN’s Digital Mortgage Conference, she
The Municipal Securities Rulemaking Board has filed its 2024 fees for dealers and municipal advisors with the Securities and Exchange Commission, with underwriting and municipal advisor fees rising and transaction and trade count fees coming down. The board’s underwriting fee went up 25% to $0.0371 from $0.0297 for every $1,000 par underwritten and the municipal
Bitcoin (BTC) hit $39,000 for the first time since mid-2022 on Dec. 1 as the United States Federal Reserve boosted hopes of policy easing. BTC/USD 1-hour chart. Source: TradingView Powell: Calling end to hikes would be “premature” Data from Cointelegraph Markets Pro and TradingView confirmed a new 19-month BTC price high of $39,000 on Bitstamp.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British technology tycoon Lawrence Jones has been sentenced to 15 years’ imprisonment for raping two women 30 years ago and for sexually assaulting a former employee a decade ago. Judge Sarah Johnston said in Manchester
Los Angeles is a favored offseason destination for many NBA players, making it little surprise when Trey Lyles purchased a new construction home there in 2021 despite playing for the San Antonio Spurs at the time. Now a member of the Sacramento Kings, the multi-talented forward has put his getaway in the Encino neighborhood of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir James Dyson has lost his libel battle against the publisher of the Daily Mirror over an article that branded the billionaire a hypocrite for supporting Brexit before moving his head office to Singapore. The
After a post-pandemic boom, Atlantic City’s casino profits fell in the third quarter this year, New Jersey’s gambling regulator said. Revelers hitting slots and tables game in-person as well as online via two authorized internet-based gambling services brought the New Jersey seashore city’s nine casinos a total net revenue of $971.8 million in the 3rd
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UAE host of COP28 has given access to hundreds of bankers, consultants and lobbyists — and 20 housekeepers — at the event where oil and gas executives such as ExxonMobil chief executive Darren Woods
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. X is racing to attract smaller and medium-sized businesses to prop up its flailing advertising business, following Elon Musk’s profanity-strewn attack on the big brands that are boycotting his social media platform. The billionaire has
The Traffic Mobility Review Board has issued a plan that details a toll structure for New York City’s Central Business District, including a $15 fee for cars coming into Manhattan during certain hours. The TMRB’s congestion pricing proposal will be reviewed by the board of the Triborough Bridge and Tunnel Authority on Dec. 6, and
We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and financial analysis. It may not seem like the most exciting use case blending AI and crypto, but both
In the South African summer of 1946, a young military veteran named Jules Browde enrolled as a law student at Wits University in Johannesburg. As he waited for his first seminar to begin, a “very tall, handsome” man walked in. “He was strapping,” Browde recalled decades later — and everyone looked up and clocked him.
Episode 39 of Hashing It Out features an interview with Harsh Rajat, founder and project lead of Push Protocol, who talks about the Ethereum ecosystem and the future of on-chain chat apps. In the episode, Rajat explains why Web3 messaging apps will lead the next wave of crypto adoption and the need for Web3 communities
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Command: The Politics of Military Operations from Korea to Ukraine’ Whether the breach in the temporary ceasefire in Gaza turns out itself to be temporary, the fragility of the situation is
While grassroots cryptocurrency adoption went stale after last year’s implosions in the industry, trading platform eToro’s chief executive believes that the appeal of exchange-traded funds (ETFs) for institutions and ease of investing through various platforms for non-professionals could further drive Bitcoin (BTC) adoption. EToro CEO Yoni Assia told Cointelegraph at the recent Abu Dhabi Finance
There are good reasons why English law is famous around the world, and there are equally good reasons why English lawyers tend not to be. They are mostly too rarefied, too shrouded in formal garb, too satisfied with their Latin vocab. But occasionally one comes along who catches the limelight. Their courtroom gestures are more
Israel is planning a campaign against Hamas that will stretch for a year or more, with the most intensive phase of the ground offensive continuing into early 2024, according to several people familiar with the preparations. The multi-phase strategy envisages Israeli forces, who are garrisoned inside north Gaza, making an imminent push deep into the
Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have combined operations in an all-stock merger of equals to form a new United States-domiciled entity named Hut 8 Corp (New Hut). On Nov. 30, Canadian Bitcoin (BTC) mining facility Hut 8 Mining Corp announced an all-stock merger with USBTC, which has been
The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of its native SRTK ecosystem token. Information shared with Cointelegraph ahead of an announcement on X (formerly Twitter) outlined that the Foundation is still developing plans to distribute the token to certain users,