The UK car industry has strongly criticised prime minister Rishi Sunak for considering moving back a ban on new petrol and diesel cars to 2035 from 2030, saying it threatens the UK’s international leadership and the industry’s efforts to pivot to EVs. “Ending emissions from road transport is the only way you will achieve net
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Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Ford has criticised anticipated moves by the UK government to delay its net zero efforts, even as home secretary Suella Braverman attacked previous government commitments as “arbitrary”, “punitive” and “totally unrealistic”. Car manufacturers
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Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simplifying the project’s codebase. Since the beginning of the Ordinals protocol, each nonfungible token (NFT) created using Ordinals was assigned a unique inscription number. They functioned similarly to serial numbers and have been an integral
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Cryptocurrencies like Bitcoin (BTC) accounted for the largest share of South Korea’s reported overseas assets in the latest report by the country’s tax organization. South Korea’s National Tax Service (NTS) issued an official announcement on Sept. 20, stating that 1,432 individuals and corporations reported overseas accounts in cryptocurrency this year. The total reported amount in
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Bitcoin (BTC) held $27,000 into Sep. 20 as the key macroeconomic date of the cryptocurrency trading week arrived. BTC/USD 1-hour chart. Source: TradingView Market “set to accommodate” BTC price volatility Data from Cointelegraph Markets Pro and TradingView showed the BTC price focus shifting upward compared to the week prior. Crypto markets showed conviction into the
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Cross-margin trading is a risk management tactic in cryptocurrency trading whereby traders utilize the whole balance of their accounts as collateral for their open positions. Using account balance as collateral implies that the entire amount of the account is at risk in order to cover future trading losses.Cross margining makes higher leverage possible, allowing traders
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Receive free Capital markets updates We’ll send you a myFT Daily Digest email rounding up the latest Capital markets news every morning. European stocks and Wall Street futures were higher on Wednesday, hours before the Federal Reserve is widely expected to leave its policy rate unchanged and deliver its latest set of short-term interest rate
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Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. UK inflation was lower than expected in August, falling to 6.7 per cent from 6.8 per cent in July, rather than increasing on the back of higher petrol costs. The drop in almost
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top Uber executive has warned that Brussels’ proposals to designate gig workers as de facto employees will force its ride-hailing service to shut down in hundreds of cities across the bloc and raise prices
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Receive free US interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest US interest rates news every morning. The Federal Reserve is set to maintain its benchmark interest rate at a 22-year high on Wednesday but signal that it remains willing to tighten monetary policy further as it debates
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Receive free UK infrastructure updates We’ll send you a myFT Daily Digest email rounding up the latest UK infrastructure news every morning. When not writing this column, I am overseeing my own once-in-a-generation infrastructure project. As dust levels rise and bank balances fall, I am determined to relieve bedroom bottlenecks and improve cohabiting comfort while
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Receive free Social affairs updates We’ll send you a myFT Daily Digest email rounding up the latest Social affairs news every morning. The writer, an FT contributing editor, is chief executive of the Royal Society of Arts I am suffering from PESD (post-examination stress disorder). This is a new condition — indeed, I have just invented
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Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently “under an attack.” The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer’s protocol until further notice. The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT
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