setback

FTX, a previously bankrupt crypto exchange, has successfully recovered $7.3 billion in assets and is currently contemplating a relaunch in Q2.

Source Node: https://platodata.network/platowire/ftx-a-previously-bankrupt-crypto-exchange-has-successfully-recovered-7-3-billion-in-assets-and-is-currently-contemplating-a-relaunch-in-q2/
Time Stamp: April 12, 2023 4:42 PM - Modified On: April 12, 2023 - Published By:
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FTX, a cryptocurrency exchange that filed for bankruptcy in 2019, has made a remarkable comeback. The exchange has successfully recovered $7.3 billion in assets and is now considering a relaunch in the second quarter of 2021. This news has been welcomed by the cryptocurrency community, as it shows that even a bankrupt exchange can recover and regain its position in the market.FTX was founded in 2018 by Sam Bankman-Fried and Gary Wang. The exchange quickly gained popularity due to its innovative trading features and low fees. However, in 2019, FTX

Current Scores: Viperio ahead of fnatic, while NAVI closely trails Into the Breach

Source Node: https://platodata.network/platowire/current-scores-viperio-ahead-of-fnatic-while-navi-closely-trails-into-the-breach/
Time Stamp: April 6, 2023 7:04 AM - Modified On: April 6, 2023 - Published By:
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The world of esports is always evolving, and the current scores of Viperio, fnatic, and NAVI are a testament to this. As of now, Viperio is ahead of fnatic, while NAVI is closely trailing Into the Breach.Viperio, a UK-based esports organization, has been making waves in the competitive scene. They have been dominating the European Regional League, with a current record of 6-1. Their recent victory over fnatic, a Swedish esports team, has solidified their position as one of the top teams in Europe.On the other hand, fnatic has been

Tesla Electric Semi Trucks Recalled Shortly After Launching on the Market

Source Node: https://platodata.network/platowire/tesla-electric-semi-trucks-recalled-shortly-after-launching-on-the-market/
Time Stamp: April 1, 2023 1:30 PM - Modified On: April 1, 2023 - Published By:
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Tesla, the American electric vehicle and clean energy company, has been making waves in the automotive industry with its innovative and eco-friendly products. One of its latest offerings, the Tesla Semi Truck, has been highly anticipated by both consumers and investors alike. However, shortly after launching on the market, the electric semi trucks have been recalled due to safety concerns.The Tesla Semi Truck was first unveiled in November 2017, with production scheduled to begin in 2019. The truck boasts impressive features such as a range of up to 500 miles

TikTok Hearing Causes Last-Minute Halting of Pico 4 US Launch, According to Reports

Source Node: https://platodata.network/platowire/tiktok-hearing-causes-last-minute-halting-of-pico-4-us-launch-according-to-reports/
Time Stamp: March 24, 2023 10:56 AM - Modified On: March 24, 2023 - Published By:
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The popular social media app TikTok has been making headlines recently, and not just for its viral dance challenges and comedic skits. The app's parent company, ByteDance, has been facing scrutiny from the US government over concerns about data privacy and national security. This scrutiny has now reportedly caused a last-minute halt to the launch of the Pico 4 VR headset in the US.According to reports, Pico Interactive, a Chinese virtual reality (VR) company, was set to launch its Pico 4 headset in the US on September 30th. However, just

Construction of Dream Las Vegas Halted Due to Insufficient Developer Funds

Source Node: https://zephyrnet.com/dream-las-vegas-construction-paused-after-developer-funds-dry-up/
Time Stamp: March 22, 2023 8:01 AM - Modified On: March 22, 2023 - Published By:
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The construction of the Dream Las Vegas, a $3.1 billion casino and resort project, has been halted due to insufficient developer funds. The project was expected to be a major addition to the Las Vegas Strip, but now faces an uncertain future.The Dream Las Vegas was being developed by a partnership between real estate firm Witkoff Group and New Valley LLC, a subsidiary of the publicly traded company Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms, a casino, and a convention center.However,

Construction of Dream Las Vegas on Hold as Developer Runs Out of Funds

Source Node: https://zephyrnet.com/dream-las-vegas-construction-paused-after-developer-funds-dry-up/
Time Stamp: March 22, 2023 8:01 AM - Modified On: March 22, 2023 - Published By:
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The construction of Dream Las Vegas, a highly anticipated hotel and casino project, has been put on hold due to the developer running out of funds. The project was expected to be a major addition to the Las Vegas Strip, but now its future is uncertain.The Dream Las Vegas project was announced in 2018 by developer Witkoff Group and New Valley LLC, a subsidiary of Vector Group Ltd. The project was set to feature a 450-foot-tall tower with 1,500 hotel rooms and 500,000 square feet of convention space. The project

High Court Ruling Leaves Msunduzi Municipality with Reduced Valuation of CBD Properties

Source Node: https://zephyrnet.com/msunduzi-municipality-left-with-bloody-nose-after-high-court-sets-aside-valuation-of-properties-in-its-cbd/
Time Stamp: March 16, 2023 7:19 PM - Modified On: March 16, 2023 - Published By:
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The Msunduzi Municipality in South Africa recently suffered a major setback in the form of a High Court ruling that reduced the valuation of properties in the Central Business District (CBD). This ruling has left the municipality with a significantly reduced budget for the CBD, resulting in a number of potential consequences. The High Court ruling was based on an appeal by property owners in the CBD who argued that the municipality had overvalued their properties. The court agreed and ruled that the municipality must reduce the valuation of the

Kansas Republican Announces Death of 2023 Medical Marijuana Bill

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On Wednesday, Kansas Republican Representative John Smith announced the death of a bill that would have legalized medical marijuana in the state. The bill, HB 2023, had been under consideration for several months and had gained significant support from both sides of the aisle. The bill proposed to allow patients with certain medical conditions to possess and use marijuana for medical purposes. It also would have allowed for the establishment of licensed dispensaries to sell medical marijuana. However, the bill was met with strong opposition from some Republican legislators who

Kansas Republican Announces Medical Marijuana Bill Unlikely to Pass in 2023

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On February 18th, Kansas State Representative John Whitmer announced that a medical marijuana bill he introduced is unlikely to pass in 2023. The bill, HB 2184, would have allowed for the medical use of marijuana in the state of Kansas. The bill was introduced in January 2021 and had gained some traction among both Republicans and Democrats. However, Rep. Whitmer believes that the bill does not have enough support to pass this year. He stated that “it’s not a priority for the legislature right now.” The bill would have allowed

Credit Suisse Shares Plummet as Bank Joins List of Financial Struggles

Source Node: https://zephyrnet.com/credit-suisse-latest-bank-to-tank/
Time Stamp: March 15, 2023 9:10 PM - Modified On: March 15, 2023 - Published By:
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The recent news that Credit Suisse shares have plummeted is a sign of the times for the banking industry. The Swiss bank has joined a growing list of financial institutions that have been struggling in recent months. The bank's share price dropped by more than 10% on the day of the announcement, and it has continued to decline since then. The cause of the decline is multifaceted. Credit Suisse has been hit by a number of factors, including a weak economy, low interest rates, and a lack of investor confidence.

SEC vs. Ripple Lawsuit: US Judge Rules on Expert Testimonies

Source Node: https://zephyrnet.com/us-judge-issues-ruling-on-sec-vs-ripple-lawsuit-expert-testimonies/
Time Stamp: March 7, 2023 8:43 AM - Modified On: March 7, 2023 - Published By:
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The Securities and Exchange Commission (SEC) and Ripple Labs Inc. have been engaged in a legal battle for some time now. The SEC has accused Ripple of selling unregistered securities in the form of its XRP cryptocurrency, while Ripple has argued that XRP is not a security. Recently, a US judge has ruled on the matter of expert testimonies in the case. The SEC had requested that the court allow two of its experts to testify in the case. The experts, Professor Stephen Choi and Professor John Coffee, were to

Cargojet to Postpone Cargo Aircraft Conversions Amid Decreased Demand

Source Node: https://zephyrnet.com/cargojet-to-sell-777-aircraft-defer-cargo-conversions-as-demand-slips/
Time Stamp: March 6, 2023 8:26 PM - Modified On: March 6, 2023 - Published By:
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Cargojet, a leading provider of air cargo services in Canada, recently announced that it will be postponing the conversion of its cargo aircraft due to decreased demand. This decision comes as the airline industry continues to struggle with the effects of the COVID-19 pandemic. Cargojet had planned to convert four of its Boeing 757-200F aircraft into cargo aircraft in order to meet the increased demand for air cargo services. However, due to the decrease in demand for air cargo services, Cargojet has decided to postpone these conversions. This decision was