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They Might Be Giants Celebrate 30 Years Of ‘Flood’ For NYC Show

January 16, 2023 by www.forbes.com

Share to Twitter Share to Linkedin It would probably be an understatement to say that They Might Be Giants' recent New York City shows were a long time coming. That was true of their performance at the Bowery Ballroom Saturday night—the second of three sold-out shows this past weekend. It was a makeup date that the band had to reschedule from September 12, 2020, April 17, 2021, March 12, 2022, and June 18, 2022, due to COVID concerns and a car accident that injured co-founding guitarist and singer John Flansburgh in June of last year. Still, TMBG's faithful fans at the Ballroom seemed indifferent that it took more than two years for this particular concert to finally come to fruition. Rather, they packed the venue to watch Flansburgh and TMBG co-founding keyboardist and singer John Linnell commemorate the 30th anniversary of their now-classic studio album Flood (although it's now technically 33 years old) The quirky Brooklyn-based duo along with their … [Read more...] about They Might Be Giants Celebrate 30 Years Of ‘Flood’ For NYC Show

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FTX says $415 million in crypto was hacked

January 18, 2023 by www.moneycontrol.com

An aerial view of the FTX Arena in Miami, Florida. Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks. Some $323 million in crypto had been hacked from FTX's international exchange and $90 million had been hacked from its U.S. exchange since it filed for bankruptcy on November 11, CEO John Ray said in a separate statement on Tuesday. FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges. FTX told a bankruptcy judge in Delaware last week that it had recovered over $5 billion in crypto, cash and liquid securities, nine weeks after declaring bankruptcy. The company provided additional details on Tuesday, saying it had recovered $1.7 billion in cash, $3.5 billion in liquid cryptocurrency and $300 million in … [Read more...] about FTX says $415 million in crypto was hacked

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Top Cryptocurrency Prices Today January 18: Major cryptos in green, Polkadot biggest gainer

January 18, 2023 by www.moneycontrol.com

The price of Bitcoin, the world's largest cryptocurrency, hovered around Rs 17.90 lakh, with its dominance at 41.26 percent, an increase of 0.07 percent over the day, Major cryptocurrencies traded in the green early on January 18 as the global crypto market cap rose 0.38 percent to $992.17 billion, over the last day. The total crypto market volume over the last 24 hours is $47.51 billion, which makes a 11.90 percent decrease. The total volume in DeFi is currently $3.88 billion, which is 8.16 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $43.15 billion, which is 90.82 percent of the total crypto market 24-hour volume. The price of Bitcoin, the world's largest cryptocurrency, hovered around Rs 17.90 lakh, with its dominance at 41.26 percent, an increase of 0.07 percent over the day, according to Coinmarketcap. In other news, bankrupt crypto exchange FTX said in a report to creditors that about $415 million in cryptocurrency had been … [Read more...] about Top Cryptocurrency Prices Today January 18: Major cryptos in green, Polkadot biggest gainer

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FTX Exploring Whether To Restart Bankrupt Exchange, New Chief Says

January 19, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline In an interview with Wall Street Journal , FTX CEO John J. Ray III, the veteran bankruptcy attorney leading the embattled crypto firm through its restructuring, said he would explore whether restarting the exchange could be a viable alternative to simply selling off its assets, suggesting the company that suddenly collapsed late last year and lost billions of dollars of customer funds could make an unlikely return. Key Facts “Everything is on the table,” Ray said in the interview published Thursday, noting the company set up a task force to explore bringing back FTX's international exchange after some FTX stakeholders "identified what they see is a viable business." Though it remains unclear how likely—or even possible—a reboot may be, the attorney said the firm is still scouring FTX's data in attempt to retrieve additional funds; as of Tuesday, the company has recovered about $5.5 billion in assets, … [Read more...] about FTX Exploring Whether To Restart Bankrupt Exchange, New Chief Says

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Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Firm The Top-Earning Hedge Fund Ever

January 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Ken Griffin is the new hedge fund king, according to LCH Investments’ annual ranking of the world’s top 20 hedge fund managers, which estimates his Miami-based Citadel earned $16 billion in profits for investors last year and has posted $65.9 billion in net gains since inception in 1990. Citadel surged past Ray Dalio’s Bridgewater to the top of the all-time list despite Bridgewater’s estimated $6.2 billion in net gains in 2022. Citadel’s flagship multi-strategy Wellington fund returned 38.1% last year, shining during a year when equity markets crashed, and LCH estimates the firm finished 2022 with $62.3 billion in assets under management after posting the largest single-year profit by any hedge fund on record. “It even surpasses [John] Paulson’s 2007 gain, which has been described as ‘the greatest trade ever,’” says Rick Sopher, chairman of LCH Investments and CEO of Edmond de Rothschild Capital Holdings, in a press … [Read more...] about Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Firm The Top-Earning Hedge Fund Ever

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Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Flagship The Top-Earning Hedge Fund Ever

January 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Ken Griffin is the new hedge fund king, according to LCH Investments’ annual ranking of the world’s top 20 hedge fund managers, which estimates his Miami-based Citadel earned $16 billion in profits for investors last year and has posted $65.9 billion in net gains since inception in 1990. Citadel surged past Ray Dalio’s Bridgewater to the top of the all-time list despite Bridgewater’s estimated $6.2 billion in net gains in 2022. Citadel’s flagship multi-strategy Wellington fund returned 38.1% last year, shining during a year when equity markets crashed, and LCH estimates the firm finished 2022 with $62.3 billion in assets under management after posting the largest single-year profit by any hedge fund on record. “It even surpasses [John] Paulson’s 2007 gain, which has been described as ‘the greatest trade ever,’” says Rick Sopher, chairman of LCH Investments and CEO of Edmond de Rothschild Capital Holdings, in a press … [Read more...] about Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Flagship The Top-Earning Hedge Fund Ever

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The Toronto Blue Jays Aren’t The Juggernaut Many Thought They’d Become

January 13, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The future appeared limitless for the Toronto Blue Jays at the end of the 2021 season. Though they finished 4th in the AL East, barely missing the playoffs with a 91-71 record, the underlying batted ball data told a different tale. The club ranked 5th in my year-end team true-talent rankings, the highest any non-playoff team has ranked since I began compiling them. Their core position players were extremely young, the pitching staff featured Cy Young winner Robbie Ray and had been fortified by the midseason addition of Alek Manoah from the minor leagues and Jose Berrios via a blockbuster trade with the Twins. Their team defense was the club’s only identifiable weakness, they knew it, and would set out to fix it. What could go wrong? Well, though the Jays did make the playoffs in 2022, it still had to go down as a disappointing campaign for them. They blew a massive lead and bowed out quickly in embarrassing fashion to the … [Read more...] about The Toronto Blue Jays Aren’t The Juggernaut Many Thought They’d Become

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‘Shot In The Arm’ Shows How Disinformation Can Be Deadly

January 13, 2023 by www.forbes.com

Share to Twitter Share to Linkedin In 1920, over 469,000 people in the United States were infected by morbillivirus and 7,575 individuals died. This highly infectious disease – which wreaked havoc in isolated communities such as the Faroe Islands and Hawaii – was associated with encephalitis, a serious complication that could lead to brain damage, vision loss and death. Through heroic efforts of John Franklin Enders and his team, the first vaccine against this illness—hailed 100% effective—was licensed for public use in 1963 (an improved version with fewer side effects was created in 1968 by Dr. Maurice Hilleman). The name of this global infectious disease nightmare? Measles. This was the start of Shot in the Arm , which had its world premiere at the Palm Springs International Film Festival on January 6 th . It’s a riveting documentary detailing the rise in vaccine-preventable infections such as measles, polio, chickenpox and Covid-19. According … [Read more...] about ‘Shot In The Arm’ Shows How Disinformation Can Be Deadly

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FTX founder makes first detailed response to fraud charges

January 12, 2023 by www.moneycontrol.com

Sam Bankman-Fried am Bankman-Fried, the disgraced cryptocurrency executive, on Thursday made his first detailed response to the criminal charges filed against him last month, arguing that the millions of customers of his collapsed exchange, FTX, could still get their money back. In a statement published on Substack, Bankman-Fried said that “very substantial recovery remains potentially available.” “I didn’t steal funds, and I certainly didn’t stash billions away,” he wrote. “Nearly all of my assets were and still are utilizable to backstop FTX customers.” His statement came a day after the lawyers overseeing FTX’s bankruptcy said in court that they had recovered at least $5 billion in funds. Bankman-Fried cited that announcement to try to bolster his case that FTX customers could still be made “substantially whole.” It was not clear whether he had vetted his statement with his legal team before publishing it. FTX filed for bankruptcy in November after a run on customer … [Read more...] about FTX founder makes first detailed response to fraud charges

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COVID-19 | Scientists warn of more worrisome variants after Omicron

January 17, 2022 by www.moneycontrol.com

(Image: Reuters) Get ready to learn more Greek letters. Scientists warn that omicrons whirlwind advance practically ensures it won't be the last version of the coronavirus to worry the world. Every infection provides a chance for the virus to mutate, and omicron has an edge over its predecessors: It spreads way faster despite emerging on a planet with a stronger patchwork of immunity from vaccines and prior illness. That means more people in whom the virus can further evolve. Experts don't know what the next variants will look like or how they might shape the pandemic, but they say there's no guarantee the sequels of omicron will cause milder illness or that existing vaccines will work against them. It's why they urge wider vaccination now, while today's shots still work. "The faster omicron spreads, the more opportunities there are for mutation, potentially leading to more variants, Leonardo Martinez, an infectious disease epidemiologist at Boston University, said. … [Read more...] about COVID-19 | Scientists warn of more worrisome variants after Omicron

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