EUR/USD 1.15041
0.721%
Gold 5006.05
-0.201%
Oil 93.223
-3.363%
USD/JPY 159.072
-0.375%
GBP/USD 1.33193
0.702%
GBP/JPY 211.744
0.261%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 17 - Following Iranian Foreign Minister Araghchis denial of recent contact with US Special Envoy Witkov, an AXIOS reporter quoted US officials as saying that Araghchi was lying.South Koreas Ministry of Foreign Affairs: U.S. Secretary of State Marco Rubio stated that cooperation among countries is more important than ever for the global economy and for stabilizing oil prices.On March 17th, US President Trump told reporters at the White House on the afternoon of March 16th (Eastern Time) that "the pipelines on Irans Kharg Island will eventually break down"—hinting at a possible US military attack on the oil infrastructure on this crucial island for Iranian oil exports. Earlier, an Iranian armed forces spokesperson warned that if the US were to launch any aggression or attack on Kharg Island and its oil facilities, Irans response would be decisive and forceful—in which case, the oil and gas facilities of any country that launches an attack on Kharg Island would become strong targets for Iranian strikes.March 17th - Iranian Foreign Minister Araqchi stated: "My last contact with US Special Envoy Witkov was before the US decided to end diplomatic efforts by launching another illegal military attack on Iran. Any claim to the contrary seems merely to mislead oil traders and the public." Previously, US media, citing US officials and sources, reported that direct communication channels between Witkov and Araqchi had recently been reopened.Market news: Amazon (AMZN.O) issued €14.7 billion in euro-denominated bonds.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.


Suggestion