Ever heard of Sam Bankman-Fried? He's the guy who turned the crypto world upside down. Now, Apple and A24 are teaming up to tell his story in a new movie. Lena Dunham, the creator of "Girls, " is writing the script. It's based on Michael Lewis' book "Going Infinite, " which dives into the rise and f
In a surprising turn of events, the bankruptcy trustees of the once-mighty crypto exchange FTX have filed a lawsuit against their former rival, Binance. The lawsuit, which was filed in a US bankruptcy court in Delaware, is seeking to recover a staggering $1. 76 billion. This massive sum was allegedl
In a surprising move, Israel’s new finance minister, Bezalel Smotrich, has directed his department to get ready for the annexation of settlements in the West Bank. Smotrich, who oversees settlements, made this announcement on Monday, stating that his team should prepare to apply Israeli law to these
Imagine a crypto puzzle where FTX, a once-thriving exchange, now accuses its former rival Binance of a $1. 8 billion mishap. This isn't just any feud; it's a tale of lost funds and alleged deceit. Back in July 2021, FTX's sister company, Alameda Research, bought back stakes from Binance's CEO, Chan
You might be wondering why Major League Baseball (MLB) and the Atlanta Braves are worried about Diamond Sports Group's plan to get back on track. Well, they've got some serious doubts about whether this plan will actually work. Both MLB and the Braves have said they're not convinced that Diamond Spo
Belarusian banks are taking a big step forward by adopting international financial reporting standards. This shift involves a careful look at how banks account for loans and conditional obligations. The main guidelines they're following are the International Financial Reporting Standards (IFRS) 9 an
Indonesia's micro, small, and medium enterprises (MSMEs) have been growing steadily, but the financing they receive from Sharia banks hasn't kept pace. This study aims to figure out why. It turns out that banks' strategies for collecting funds from third parties have a lot to do with it. Sharia ban
In today's information age, businesses aren't just about factories and funds; they're about brains and knowledge. This shift has pushed firms, especially banks, to seek out unique ways to boost productivity and stay ahead of the competition. Banks, being heavily reliant on knowledge, are a great exa
Indonesia sees more small businesses every year, but Sharia banks aren't keeping up. They're financing fewer small businesses, even though total deposits are growing. This study looks into how much money comes from outsiders (third parties) affects how much Sharia banks lend to small businesses. It
At a recent meeting, the People's Bank of China (PBOC) announced they would continue their supportive monetary policy. The bank's governor, Pan Gongsheng, mentioned they would ramp up their efforts to tackle short-term economic hiccups with counter-cyclical policies. This is not the first time Pan h
