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On January 26, Foreign Ministry Spokesperson Guo Jiakun stated at a regular press conference that the third phase of voting in Myanmars general election concluded on January 25. Representatives from China, Russia, India, relevant ASEAN countries, and international organizations observed the election. The election process was smooth and orderly, with active voter participation, for which China congratulates China. China has long adhered to the Five Principles of Peaceful Coexistence and does not interfere in Myanmars internal affairs. As a friendly neighbor, China supports all parties in Myanmar in achieving broader, stronger, and more lasting peace and reconciliation through the election, de-escalating the situation as soon as possible, and jointly maintaining political stability. China is willing to work with the international community to respect the choice of the Myanmar people and continue to provide constructive assistance to Myanmar in restoring peace, stability, and development.On January 26, Gansu Consulting stated on its interactive platform that its main business is engineering consulting and technical services, and it does not have any business related to computing power.Hong Kong-listed aluminum stocks rallied across the board, with Rusal (00486.HK) rising nearly 13%, Rongyang Industrial (02078.HK) up over 10%, and Xingfa Aluminium (00098.HK) up over 5%.The China Earthquake Networks Center officially reported that a 5.5-magnitude earthquake occurred at 14:56 on January 26 in Diebu County, Gannan Prefecture, Gansu Province (34.06 degrees north latitude, 103.25 degrees east longitude), with a focal depth of 10 kilometers.On January 26, Thunder Microelectronics stated on its interactive platform that its self-developed chips have been applied to Beidou navigation satellites, meeting the performance and reliability requirements of satellite communication onboard T/R chips.

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.


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