Crypto tycoon Sam Bankman-Fried lost 94% of his fortune overnight, marking the biggest one-day wealth collapse among billionaires on record

FTX CEO Sam Bankman-Fried, who was worth $16 billion earlier this week, saw his fortune gutted by 94% to $1 billion on Tuesday. It marks the biggest wealth collapse a billionaire has ever taken in a single day, per Bloomberg. … Read More

Xi, Scholz warn against ‘irresponsible’ nuclear threats over Ukraine

BEIJING, Nov 4 (Reuters) – Chinese President Xi Jinping and German Chancellor Olaf Scholz on Friday condemned threats to use atomic weapons in Ukraine, with Scholz warning that Russia risked “crossing a line” in the international community by resorting to … Read More

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