Binance Recovery Fund – After the FTX collapse, Binance invests $1 billion to keep the cryptocurrency industry afloat.

Binance Recovery Fund In the wake of FTX’s disastrous bankruptcy, struggling players are looking for support, and cryptocurrency exchange Binance on Thursday provided more information about its industry recovery fund ( Binance recovery fund).  Binance announced in a blog post that it will make an initial $1 billion commitment to the recovery fund. The company … Read more

15 Biggest Microchip Companies / Manufacturers in the World

Biggest Microchip Companies in the World The microchip, or semiconductor industry consists of companies which are involved in the production of semiconductors chips and other related devices which includes ICs (integrated circuits and transistors). This is one of the new industries which came into existence in 1960. Before 2018, the semiconductor industry was making nearly … Read more

Amazon layoffs 2022 : The E-commerce giant is planning to layoff thousands of it’s workers

According to those familiar with the situation, Amazon plans to layoff around 10,000 people in corporate and technical departments as soon as this week, in what would be the greatest job reduction in the company’s history. Amazon layoffs 2022 According to the people who spoke on the condition of anonymity because they were not authorized … Read more

How Microsoft Flight Simulator ultimately landed for helicopters and gliders, after 40 years (MSFS Glider Update)

microsoft flight simulator

The Microsoft Flight Simulator 40th Anniversary update introduces helicopters and gliders. Asobo and Microsoft developers spent a lot of time getting the details right. For Microsoft Flight Simulator fans, today is the day helicopters and gliders finally take to the skies in his 40th Anniversary Edition of the game. These two new flight options are … Read more

At least $1 billion in client assets are allegedly gone from the failed cryptocurrency company FTX.

ftx

According to two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer funds worth $10 billion were secretly transferred by Sam Bankman-Fried, the exchange’s founder, to Bankman-trading Fried’s firm Alameda Research, the people told Reuters. They said that a large amount of … Read more

Student loan forgiveness program – Why the Biden administration has stopped accepting applications?

Student loan forgiveness

• Student loan borrowers cannot apply for the loan forgiveness program now. • On Thursday night, a federal judge in Texas invalidated the Biden administration’s proposal. • According to Harvard law scholar Laurence Tribe, the decision “was about as erroneous and bizarre as any federal court ruling I can recall reading.” Following a court’s rejection … Read more

Analysis Binance FTX News – Why did World’s leading Crypto exchange FTX asked help from Binance CEO?

ftx

It was a breathtaking day in the world of crypto, a volatile and strange place even on the best days. Cryptocurrencies have fallen all morning on concerns over the solvency of FTX, an exchange platform founded by Sam Bankman-Fried aka SBF. He is an entrepreneur whose name often appears with descriptions such as ‘Genius’, ‘Savior’, … Read more

Meta Layoffs – Facebook owner Meta plans to announce significant job cuts

meta layoffs

Facebook’s owner company Meta is reportedly planning to begin on of the largest lay-offs the history that will affect thousands of employees. US media reported last weekend that job cuts could be announced as early as Wednesday. Amid Meta’s disappointing third quarter results, CEO Mark Zuckerberg said headcount could be down. “In 2023, we will … Read more

Biden Govt’s Student Loan Forgiveness Application — 5 Most Important Tips Before You Submit

Student loan forgiveness

Applying for student loan forgiveness under the Biden administration’s beta programme is now open to borrowers. However, there are a few things you should know before. Table of Content-1. Where To Find the Application for Student Loan Forgiveness 2. Application Process for Student Loan Forgiveness Program3. What does the ‘Beta Launch’ of the Student Loan … Read more