21 Dec, 2024
4 mins read

FTX founder Sam Bankman-Fried facing up to 155 years in jail after new fraud charges announced

FTX founder Sam Bankman-Fried faced new fraud charges on Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy “saviour of the cryptocurrency industry”. New charges, including securities fraud and conspiracy fraud counts, were unveiled with the unsealing of the refreshed indictment in Manhattan […]

3 mins read

EVs explained: How do electric cars actually work and are they really better than traditional cars?

We’ve all heard of Elon Musk, the somewhat eccentric, technology-loving businessman. The billionaire has recently made headlines over his ongoing Twitter takeover bid but the main reason he came to our attention in the first place was by putting electric vehicles back on the map with his company Tesla. Sales of electric vehicles reached an […]

9 mins read

DeFi explained: What is decentralised finance and could it be a death sentence for banks?

DeFi, short for decentralised finance, is another buzzword that has entered our lexicon, joining the likes of Bitcoin, cryptocurrency, NFTs, blockchain and the metaverse. So, what is it? Today, most of the financial transactions in the economy are digital. We’re still using banknotes and coins on occasions but it’s marginal. It’s a logical step that […]