CFTC charges Binance with ‘willful evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday … Read more
Sassy the dog was suffering from a condition veterinarians couldn’t diagnose The dog’s owner, a Twitter user going by Cooper, entered Sassy’s bloodwork into the AI chatbot ChatGPT4 to see if it could return with a possible diagnosis ChatGPT4 accurately diagnosed Sassy with immune mediated hemolytic anemia A Twitter user said ChatGPT saved his dog’s life … Read more
A man had to spend four months in hospital after catching a deadly WW1-era bug while gardening. The 64-year-old had to have half of his back muscle cut away and his legs cut wide open to kill the gas gangrene-causing bacteria. Without immediate treatment, the infection often proves fatal. It quickly destroys tissue and blood cells. … Read more
March 22 (Reuters) – Citigroup Inc (C.N) CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil in global financial markets. “The banking system is pretty sound,” and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington D.C. on Wednesday. “This … Read more
March 21 (Reuters) – An attorney for SVB Financial Group (SIVB.O) told a judge on Tuesday it was seeking cooperation from regulators who seized its Silicon Valley Bank unit and removed $2 billion of its cash, which was needed to sustain operations. SVB Financial, which filed for bankruptcy on Friday, had said in court papers … Read more
FRANKFURT, March 18 (Reuters) – UBS (UBSG.S) is examining a takeover of Credit Suisse (CSGN.S) that could see the Swiss government offer a guarantee against the risks involved, said two people with knowledge of the matter on Saturday. The people said that UBS was coming under pressure from the Swiss authorities to carry out a … Read more