financial times – DIGIT INFO

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

DIGIT — Thu, 13 Apr 2023 17:30:05 +0000

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their trade on the dollar?” Brazil’s President Wants to Reduce the […]

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Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

DIGIT — Sat, 04 Feb 2023 16:30:11 +0000

As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former […]

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Brazil and Argentina to Start Working on Creation of Latam Common Currency

DIGIT — Tue, 24 Jan 2023 11:00:30 +0000

Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina to Spearhead Common Currency Issuance Project […]

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CBDCs not worth the costs and risks, says former BoE advisor

DIGIT — Mon, 16 Jan 2023 14:04:44 +0000

Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache.

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SBF received special treatment inside Bahamian jail: Report

DIGIT — Thu, 22 Dec 2022 17:15:00 +0000

Sam Bankman-Fried was held in the sick bay where he reportedly had access to running water, a toilet, a TV, and vegan food.

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New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed

DIGIT — Sun, 11 Dec 2022 15:30:53 +0000

Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should be made aware of the creditors’ information, as the publications […]

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FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres

DIGIT — Thu, 08 Dec 2022 20:30:56 +0000

After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into the Ohio-based firm 80 Acres, a company that specializes in […]

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Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’

DIGIT — Tue, 02 Aug 2022 14:00:04 +0000

While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks, reports note that […]

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Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender

DIGIT — Sun, 17 Jul 2022 16:00:16 +0000

Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege […]

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British investment managers call for the blockchain-traded funds’ approval

DIGIT — Thu, 07 Jul 2022 11:28:20 +0000

The Investment Association believes the new technology will bring significant cost savings for end investors.

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financial times – DIGIT INFO

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

Brazil and Argentina to Start Working on Creation of Latam Common Currency

CBDCs not worth the costs and risks, says former BoE advisor

SBF received special treatment inside Bahamian jail: Report

New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres

Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’

Report: Equitiesfirst Named as ​​Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender

British investment managers call for the blockchain-traded funds’ approval

Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender