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Tuesday, October 1, 2024
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Collapsed FTX hit by rogue transactions, analysts saw over $600mln outflows

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft HONG KONG/SINGAPORE/LONDON (Reuters) - Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected

Collapsed FTX hit by rogue transactions, analysts saw over $600 million outflows

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft HONG KONG/SINGAPORE/LONDON (Reuters) - Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected

FTX says investigating ‘unauthorized transactions’

(Reuters) -Collapsed crypto exchange FTX said on Saturday it had seen "unauthorized transactions", with analysts saying millions of dollars worth of assets had been withdrawn from the platform.

FTX says it is investigating ‘unauthorized transactions’

(Reuters) - Collapsed crypto exchange FTX said on Saturday it was moving funds into offline storage following a series of "unauthorized transactions", with analysts saying millions of dollars worth of

Nearly half of Meta job cuts were in tech, reorg underway – execs say

By Paresh Dave OAKLAND, Calif. (Reuters) -Facebook owner Meta Platforms told employees on Friday that it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs

Twitter halts $8 blue check subscription service after increase in imposters

By Nivedita Balu (Reuters) -Twitter Inc paused its recently announced $8 blue check subscription service on Friday as fake accounts mushroomed, and new owner Elon Musk brought back the "official"

Oil settles higher, posts weekly loss as China eases COVID curbs

By Laura Sanicola (Reuters) -Oil prices settled higher on Friday but fell week-on-week after health authorities in China eased some of the country's heavy COVID-19 curbs, raising hopes for improved

Gold races for best week since March 2020 on Fed slowdown hopes

By Brijesh Patel (Reuters) - Gold prices extended gains to a near three-month high on Friday and were heading for their best week in over 2-1/2 years, as signs of cooling U.S. inflation bolstered bets

Dollar extends fall after inflation data knock

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S. inflation is cooling that

Oil jumps as China eases COVID curbs in potential boost to demand

By Laura Sanicola (Reuters) -Oil prices jumped by more than 3% on Friday before paring some gains after health authorities in China eased some of the country's heavy COVID-19 curbs, raising hopes for

On Camera

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?