FTX, one of the world’s biggest cryptocurrency exchanges, is commencing bankruptcy proceedings in the US. Chief executive officer Sam Bankman-Fried, the 30-year-old who once graced the cover of Forbes, is also resigning, days after larger rival Binance walked away from a proposed acquisition. His replacement, John J Ray III, said in a statement: “The FTX Group has
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Jubilant Ukrainians have raised flags and celebrated inside Kherson after Russian forces withdrew from the city in a hasty retreat in which some Kremlin soldiers apparently drowned. Hours after the Russian forces completed their withdrawal, Ukrainian units re-entered the southern city, which had been occupied since March. Local residents hugged Ukrainian soldiers, cheering in the
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China’s COVID case load has soared to its highest since this year’s strict two-month Shanghai lockdown, with the capital Beijing and other major cities seeing record daily infections. On Friday, the country reported 10,535 new locally transmitted cases were recorded on Thursday – the highest since 29 April when its commercial hub, Shanghai, was battling
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Hyundai’s high-flying IONIQ5 shows what the future of zero-emission, fully electric travel can look like, yet building it was no cakewalk. A new documentary reveals Hyundai’s “radical new approach” to bringing the IONIQ5 to market. Building the Hyundai IONIQ5 The award-winning IONIQ5 was designed and built with a “progressive approach” that Hyundai’s development team had
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