Binance chief Changpeng Zhao resigned and pleaded guilty to violating U.S. anti-money laundering laws in a $4.3 billion settlement ending a years-long investigation into the world’s largest crypto exchange, prosecutors announced Tuesday. The deal, which will see Zhao personally pay $50 million, was described by prosecutors as one of the largest corporate sanctions in US history. This is another blow to the crypto industry that has been plagued by investigations and follows the recent fraud conviction of FTX founder Sam Bankman-Fried. But several legal experts said it was a good outcome for Zhao, leaving his vast wealth intact and allowing…
Author: Ebrahim
Grant recipients will receive mentoring resources as well as capital to improve their business through an annual program. CHICAGO, May 18, 2023 /PRNewswire/ — Today, Famous Amos, in partnership with the National Black Chamber of Commerce (NBCC), began accepting applications for Famous Amos Ingredients for Entrepreneur Success Initiative. The national grant competition, now in its third year, recognizes three Black startup business owners with $50,000 in unrestricted business capital as well as business and mentoring resources provided by NBCC. “The Ingredients for Entrepreneurial Success Initiative is one way Famous Amos honors the legacy of Wally Amosa passionate entrepreneur whose impact…
Yemen’s Houthi rebels grasped on Sunday, an Israeli-linked cargo ship in the Red Sea, taking 25 crew members hostage. The rebels claimed the hijacking was a response to the ship’s connection to Israel and declared their intention to target Israeli-linked or owned vessels in international waters until the end of the Israeli campaign against Hamas leaders in Gaza, saying such ships would be considered “legitimate targets,” the PA reported. The incident sparked a wave of claims and counterclaims from various countries, highlighting the complexity of the geopolitical landscape in the region as violence continues to rage between Israeli and Hamas…
Archaeologists digging at the acropolis of Elea Velia have discovered a well-preserved ancient Greek helmet. Elea-Velia, also known as Hyele, was founded by the Greeks around 538-535 BC on the coast of the Tyrrhenian Sea in what is now the province of Salerno, Italy. The city was known as a center of philosophy and learning, where Parmenides and Zeno of Elea lived, two prominent figures of the Eleatic school to which they belonged. Archaeologists carried out excavations on the acropolis of Elea-Velia, where in 2022 a sanctuary dedicated to the goddess Athena was discovered. Athena was an ancient Greek goddess…
This article has been reviewed by Science editorial process And Strategies. Editors highlighted the following attributes while ensuring the credibility of the content: verified facts reliable source written by one or more researchers reread All right! Credit: Unsplash/CC0 Public domain × close Credit: Unsplash/CC0 Public domain Have you ever felt nostalgic when thinking about the past? Then you are not alone. According to survey researcharound two thirds of the European public feel nostalgic. Nostalgia is defined as a predominantly positive emotion associated with the recall of memories of important events, generally experienced with people close to us. And these feelings…
The Forbes magazine logo is seen on a sign at the St. Petersburg International Economic Forum 2017 (SPIEF 2017), in St. Petersburg, Russia, June 1, 2017. Picture taken June 1, 2017. REUTERS/Sergei Karpukhin/file photo Acquire license rightsNov 21 (Reuters) – Forbes parent company cancels acquisition by Luminar Technologies (LAZR.O) CEO Austin Russell said the billionaire could not find the financing, an internal Forbes memo seen by Reuters on Tuesday showed.Earlier this year, the auto technology executive agreed to acquire 82% of Forbes in a deal that valued the business news publisher at nearly $800 million, including the remaining portion of…
“Today we are taking the last important step so that we can finally deliver the Thessaloniki Metro, fully operational, by 2024,” Prime Minister Kyriakos Mitsotakis said in Thessaloniki on Wednesday, during the signing of a contract in Agia Sofia metro station. for the operation and maintenance of the city’s metro system, ANA reports.The Prime Minister visited the station, including its archaeological site. He stressed that this marked the culmination of a “bold decision” taken by previous leaders of the Ministry of Transport to “use private know-how, the best at European level” to ensure “unhindered operation and sure of this very…
By Angeliki Koutantou and Renée MaltezouMOUZAKI, Greece (Reuters) – Dimitris Kouretas, elected governor of Greece’s central Thessaly province last month following catastrophic flooding, has trouble sleeping at night.September floods – the worst on record in Greece – devastated this fertile region, washing away farmland, roads and railways, and killing 16 people. It is the second major flood in three years to hit Thessaly, part of a trend of worsening extreme weather conditions across Europe.Kouretas lists flood protection projects left unfinished by previous governments, including reservoirs to hold water in mountains, dredging of river beds and removal of debris from previous…
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At the heart of architectural innovation and cultural reconnection, Regenerative power by Gbolade Design Studio appears as a symbol of transformation during the 18th International Architecture Exhibition of La Biennale di Venezia. This captivating exhibition embarks on an in-depth exploration of how architecture can connect time and space, thanks to the redevelopment of the Lloyd Leon Community Center (LLCC) in Brixton, London like his canvas. Through a captivating narrative that delves into history, unites contemporary communities and inspires future generations, Regenerative power transcends traditional boundaries. Tara and Lanre Gbolade, co-founders of Gbolade Design Studio Image: Courtesy…