Is Bittrex Filing For Bankruptcy A Foreshadowing For Coinbase?
Bittrex Inc, a cryptocurrency exchange, filed for bankruptcy on Monday, three weeks after the Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange. The firm has halted operations in the United States since April 30, and the company stated that the bankruptcy filing would have no effect on Bittrex Global, which […]
IBM Launches AI Platform After Hiring Freeze On Jobs Replaceable By AI
International Business Machines Corp. (NYSE: IBM) unveiled watsonx, a new artificial intelligence and data platform designed to help businesses integrate AI into their operations, on Tuesday. The debut of the new AI platform comes more than a decade after IBM’s Watson supercomputer gained fame for winning the game show Jeopardy. Watson could “learn” and process […]
Desalination: Elon Musk Says ‘Its The Solution To The Global Water Crisis’
Last week I was sitting on my couch, eating some bon bons, and watchin Bill Maher interview Elon Musk. They had an interesting exchange on the use of water desalination and its inherent costs. So I thought it would be fun to dive into this topic matter to see who’s right. In this video, we’ll […]
Jerome Powell’s Public Confidence At All-Time Low
According to a new Gallup poll, Jerome Powell, the Chairman of the Federal Reserve that presided over the US economy during the Covid-19 pandemic and subsequent 40 year-high inflation, has the lowest public approval rating of any Fed chairman since the polling company began conducting surveys in 2001. The poll shows that just 36% of […]
Is Post-Tucker Carlson Fox News Seeing An Advertiser Boom?
Advertisers are reportedly finding their way back into the 8 p.m. weekday slot at Fox news two weeks after the network unceremoniously kicked Tucker Carlson out, according to Variety. “We have had over 40 new advertisers come into the hour since we launched the new program, including some of the largest in the country and, […]
Canada Finally Banned Zhao Wei For Chinese Interference, But Did It Take Too Long?
Canada expelled Chinese diplomat Zhao Wei on Monday for allegedly attempting to target Canadian MP Michael Chong and his Hong Kong-based relatives because the conservative lawmaker supported a legislative motion calling Beijing’s treatment of its Uyghur minority “genocide.” Beijing reportedly sought information about a Canadian lawmaker’s family who may be in China in order to […]
Biden Wants to Make Air Travel Better for Consumers
President Joe Biden has announced that his administration is planning to create new rules that will require airlines to pay cash compensation to passengers for significant flight delays or cancelations caused by carriers. The move is part of the Biden administration’s efforts to improve consumer protections for domestic and international flights with a US origin […]
Golden Cariboo Begins 5,000 Metre Drill Program At Quesnelle Gold Quartz Mine
Drilling is set to begin at the Quesnelle Gold Quartz Mine property, operated by Golden Cariboo Resources (TSXV: GCC). The firm this morning indicated that drilling crews have arrived on site to begin the company’s 2023 exploration program.
Hut 8 Reports Major Equipment Failures At Drumheller Facility
Hut 8 Mining (TSX: HUT) continues to experience operating difficulties at its Drumheller, Alberta facility. The firm is said to be operating at just 15% of its installed hashrate at the facility as a result of equipment failures. The problems at the Drumheller facility are said to be related to high energy input levels that […]
Sam Bankman-Fried Wants All Charges Dropped–Except For Fraud And Money Laundering
FTX founder Sam Bankman-Fried petitioned to a federal judge in New York on Monday to dismiss all criminal charges brought against him by federal prosecutors following the abrupt closure of his cryptocurrency exchange last year. Bankman-Fried’s lawyers contended in various documents with the federal court for the Southern District of New York that the federal […]