Troubled cryptocurrency platform Haru Invest is planning to suspend its server a few months after halting withdrawals in June 2023. Haru Invest is thinking of shutting down its server in order to reduce the server maintenance costs of services, Haru Invest CEO Hugo Lee announced on Oct. 16. The CEO emphasized that the server maintenance
Donald Trump is facing fierce rebukes from across the US political spectrum for criticising Benjamin Netanyahu in the wake of the Hamas attacks, a development that could weigh on his 2024 campaign for a new term in the White House. The former US president spoke out on the Middle East conflict several times last week,
The coastal strip of Gaza, the hemmed-in Palestinian enclave under Israeli bombardment, has grown over seven decades of displacement and conflict into a community that is almost unique in the world. Covering an area roughly a quarter of London, Gaza is more crowded in parts than Manhattan — even though it lacks the high-rise buildings.
Major automobile manufacturer Honda does not accept cryptocurrency payments directly but one can use cryptocurrencies like Bitcoin (BTC) to buy a Honda car through a third party. In early October, several publications mistakenly reported that Honda started accepting cryptocurrency as payment. But Honda doesn’t allow one to purchase its cars in exchange for crypto, a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “The end of bad times.” That was how Donald Tusk, leader of the opposition, described the outcome, based on exit polls, of Poland’s momentous parliamentary election on Sunday night. After a bitterly polarised campaign designed
The United States government has become one of the largest Bitcoin (BTC) holders, with over 200,000 BTC worth more than $5 billion despite selling a few thousand BTC worth millions earlier this year. According to a data analysis based on public filings, crypto firm 21.co estimated that the U.S. government still holds 194,188 BTC, estimated
Bitcoin (BTC) starts a new week firmly back in the “Uptober” spirit as the weekly close gives way to a classic short squeeze. In a return to classic BTC price volatility of the kind seen earlier in the month, the largest cryptocurrency is tackling $28,000 ahead of the first Wall Street open. While still in
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Qatar has brokered a deal to reunite four Ukrainian children with their families after they were separated from their parents in Russia during President Vladimir Putin’s full-scale invasion of the country. The children, who
The Ethereum DApps ecosystem is thriving, and the potential for decentralized applications (DApps) is immense. Who wouldn’t want to participate? Developers can now build applications with their own native coins or nonfungible tokens (NFTs) on secure blockchain networks to serve any purpose — from financial and industrial use cases to social media sites and, of
US president Joe Biden warned Iran not to escalate the war between Israel and Hamas in an interview that aired on the CBS news programme 60 Minutes on Sunday. In the interview, which was recorded late Thursday, Biden said there was “no clear evidence . . . at this point” that Iran helped plan Hamas’s attack on Israel on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hospitals in Gaza are likely to run out of fuel within 24 hours, putting the lives of thousands of patients at “immediate risk”, the UN warned as Israel lays siege to the enclave in response
A macabre video that spread across social media platforms last week showed a young girl being set on fire by a mob, which sharers claimed was the doing of Hamas. But the footage was, in fact, from 2015 in Guatemala, long before the Palestinian group’s attack on Israel. It was just one falsehood during a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Israeli forces pound Gaza, Iran has been pursuing its own diplomatic mission: rallying the region behind the Palestinians and the Hamas militant group responsible for last weekend’s deadly assault. With stops in Beirut, Damascus
Until last weekend, Ofaimme Farm was a fast-growing food business with eight restaurants across Israel and plans for three more. But its normal service has been suspended since October 7, the day of Hamas’ devastating cross-border attack, and the farm-to-table business has been turned into a relief operation. Employees are now preparing food packages and
Grayscale’s Bitcoin investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two years, as spot Bitcoin ETFs continue to inch toward potential approval in the United States. The latest data from YCharts shows GBTC’s discount to Bitcoin net asset value (NAV) has narrowed to 15.87% as of Oct. 13. Discount
The chair of problem-plagued French IT services group Atos Bertrand Meunier is set to step down, throwing the restructuring and asset sale plan he had championed into uncertainty, according to people familiar with the matter. Another Atos board member, Jean Pierre Mustier, formerly chief executive of Italian bank UniCredit, is being lined up to take
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British nationals sentenced to jail in England and Wales could be transferred to prisons elsewhere in Europe under radical legislation to address the crisis in the penal system to be announced on Monday. Justice secretary
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of problem-plagued French IT services group Atos Bertrand Meunier is set to step down, throwing the restructuring and asset sale plan he had championed into uncertainty, according to people familiar with the matter.
Republicans’ failure to select a new Speaker of the House risks complicating White House efforts to send billions of dollars in extra US military aid to Israel and Ukraine, as lawmakers brace for a third week of chaos on Capitol Hill. Jake Sullivan, Joe Biden’s national security adviser, said at the weekend that the US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opposition leader Donald Tusk could return as Polish prime minister, according to an exit poll after Sunday’s parliamentary election that put the ruling Law and Justice (PiS) ahead but with insufficient votes to govern alone
The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the