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☆ Women's World Cup: Australia dares to dream of win as Matildas mania sweeps the country
▼ + stars: | 2023-08-15 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Sydney CNN —Two matches stand between Australia and a historic Women’s World Cup win, and the nation – perhaps prematurely – is debating the pros and cons of a national holiday should the squad defeat Spain on Sunday. Soccer mania has swept the country in a culture where rugby, cricket and the local “Aussie Rules” football usually dominates. Australia players celebrate after winning their quarterfinal match against France in Brisbane, August 12. Zara Borcak beams as she holds the jersey Sam Kerr gave her after Saturday's match against France, August 12, 2023. Maybe it’s because the last time the country came together to fight a common cause, they were desperately trying to stay apart.

Persons: Tertius Pickard, Asanka Brendon Ratnayake, Sam Kerr, “, ‘, ”, Zara Borcak, Selma Borcak, Anthony Albanese, Albanese, Andrew Cornaga, Ben Crowe, Crowe, Eleanor Roosevelt, Ash Barty, it’s, ” Mackenzie Arnold of Australia, Norvik, that’s, Mackenzie Arnold, I’ve Organizations: Sydney CNN, Spain, Sunday, England, Australia, France, FIFA, Reuters Sporting, – Basketball Australia, AFL, Australian Football League, Australian Broadcasting Corporation, ”, NRL, ’, Sweden, Wimbledon, Richmond AFL Locations: Australia, France, Australia’s, United States, Brisbane, Sydney, Green, Brazil, Zara, Spain, Eden, Auckland, Denmark, Melbourne

☆ Sam Bankman-Fried's lawyer demands he gets Adderall for ADHD while in jail
▼ + stars: | 2023-08-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

FTX Founder Sam Bankman-Fried leaves from Manhattan Federal Court after court appearance in New York, on June 15, 2023. Sam Bankman-Fried's legal team is asking a U.S. district court judge to grant the former FTX CEO "uninterrupted access" to his daily prescribed medication while he is in jail. "And for the past three years, Mr. Bankman-Fried has been prescribed Adderall 10mg tablets, 3-4x/day for the treatment of ADHD." On Friday, Judge Kaplan sided with a request by federal prosecutors to revoke Bankman-Fried's bail over alleged witness tampering. For nearly a year, there's been a nationwide shortage of Adderall, the popular stimulant used to treat ADHD.

Persons: Sam Bankman, Fried, Mark Cohen, Judge Lewis Kaplan, Judge Kaplan, George Lerner, Lerner, Cohen, Bankman, Lerner's, there's, Caroline Ellison, Ellison, — CNBC's Dan Mangan Organizations: Manhattan Federal, U.S, Bankman, Brooklyn's Metropolitan Detention Center, Prisons, Court, U.S . Food, Drug Administration, New York Times, Alameda Research, MDC Locations: Manhattan, New York, Brooklyn's, Bankman, Bahamas, U.S, Putnam , New York

Soccer Football - FIFA Women?s World Cup Australia and New Zealand 2023 - Quarter Final - Australia v France - Brisbane Stadium , Brisbane, Australia - August 12, 2023 Australia's Mackenzie Arnold and teammates celebrate winning the match after a penalty shootout REUTERS/Dan Peled/File photoSYDNEY, Aug 14 (Reuters) - Australia Prime Minister Anthony Albanese on Monday backed calls for a public holiday if its team win the Women's World Cup. They play European champions England in Sydney on Wednesday in a match likely to smash Australian TV viewing figures for a soccer game. Chris Minns, the leader of country' most populous state of New South Wales, on Monday pledged to declare a public holiday within a week of the final if the Matildas win. But the Matildas' World Cup matches have sold out months in advance, with millions watching at home in numbers not seen since the Sydney Olympics in 2000. Reporting by Alasdair Pal in Sydney; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Mackenzie Arnold, Dan Peled, Anthony Albanese, I've, it's, " Albanese, Albanese, Chris Minns, Bob Hawke, Alasdair Pal, Peter Rutherford Organizations: Soccer Football, FIFA, Brisbane, Australia, New Zealand, France, England, ABC, Soccer, Sydney Olympics, Australian, Thomson Locations: New Zealand, Australia, France, Brisbane, SYDNEY, Sydney, New South Wales

"We are sons of Jenin," said one of the Islamic Jihad fighters, who identified himself as Abu Salah. Islamic Jihad is a Palestinian faction sworn to destroying Israel and replacing it with an Islamic state. Many of the Palestinian attackers who have killed Israelis in Israel and the West Bank came from the area. Sometimes the transfers involve criminals and sometimes legitimate or semi-legitimate businesses help to move funds to the West Bank, the militant sources said. Much of the weaponry used by the Jenin fighters comes from Israel itself, stolen and sold on through criminal gangs, Israeli officials say.

Persons: Raneen, Tzachi Hanegbi, Abu Salah, Benjamin Netanyahu's, Mahmoud Al, Saadi, Tamir Hayman, Daoud Shehab, Yasser Arafat, Ali Sawafta, James Mackenzie, Suleiman al, Khalidi, Raneen Sawafta, Maayan Lubell, Jonathan Saul, Jerusalem, Nidal, Michelle Nichols, Leila Bassam, David Clarke Organizations: Bank, REUTERS, West Bank, Islamic, Israel's National, Hamas, Islamic Jihad, Hezbollah, HIT, Palestinian Authority, Palestinian, Israel's Institute for National Security, United Nations, Palestinian Center, Policy, Survey Research, Jenin Brigade, Gulf, Aqsa Brigades, Fatah, Thomson Locations: Jenin, JENIN, West, Islamic Jihad, Iran, Jihad, Lebanon, Israel, Oslo, Crescent, Tel Aviv, New York, Nablus, Palestinian Territories, China, Jordanian, Al, Aqsa, Amman, Maayan, Gaza, Beirut, Parisa, Dubai

☆ Australia Outlasts France on Penalties, and a Host Nation Exhales
▼ + stars: | 2023-08-12 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +1 min

Not from the heights that Australia has reached in its home World Cup, beating France to reach a first semifinal, but from the winding, coiling, nauseating road it took to get there. The game itself was fraught enough, the goal-less stalemate of the score line belying more than two hours in which the balance of power hopped back and forth: France started well, composed and inventive, only for Australia to wrestle control. It was not an evening defined by patterns of play so much as storm surges, and the ability to withstand them. France missed its first kick, with Australia goalkeeper Mackenzie Arnold denying Selma Bacha. Ève Périsset, introduced specifically to take a penalty, missed France’s fifth; Arnold, the goalkeeper, stepped up to win it.

Persons: Mackenzie Arnold, Selma Bacha, Solène Durand, —, Steph Catley, Ève Périsset, Arnold, Durand Organizations: Brisbane, Australia Locations: Australia, France

☆ Australia edge France in penalty drama to reach first Women's World Cup semi
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +4 min

[1/5] Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Quarter Final - Australia v France - Brisbane Stadium , Brisbane, Australia - August 12, 2023 Australia celebrate after winning the penalty shootout and progressing to the semi finals of the World Cup REUTERS/Asanka Brendon... Read moreBRISBANE, Aug 12 (Reuters) - Co-hosts Australia beat France 7-6 in a dramatic penalty shootout to reach the last four of the Women's World Cup for the first time after their quarter-final finished deadlocked at 0-0 following extra time on Saturday. "I would like to congratulate my players for the performance they pulled off today against the entire nation," said France coach Herve Renard. What a game, in normal time, in extra time and then during the penalty shootout." France weathered the storm triggered by the introduction of the Australia skipper, however, and their 19-year-old substitute Becho was soon threatening down the other end. The last quarter of an hour of normal time was a tense but ragged affair with half chances at both ends, a theme reprised in the first half of extra time.

Persons: Asanka Brendon, Read, Mackenzie Arnold, Vicki Becho, Solene Durand, Arnold, Kenza Dali, France, Herve Renard, Maelle, Les, Mary Fowler, Elisa de Almeida, Matildas, Sam Kerr, Hayley Raso, Pauline Peyraud, Magnin, Becho, Australia's Alanna Kennedy, Wendy Renard, Caitlin Foord, Nick Mulvenney, Clare Fallon Organizations: Soccer Football, FIFA, Brisbane, World, Australia, France, England, Sweden, Thomson Locations: New Zealand, Australia, France, Brisbane, BRISBANE, Colombia, Spain, Auckland

☆ De Minaur shocks Medvedev to reach semis in Toronto
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] Aug 11, 2023; Toronto, Ontario, Canada; Alex De Minaur (AUS) reacts after winning a point against Daniil Medvedev (not pictured) at Sobeys Stadium. Mandatory Credit: John E. Sokolowski-USA TODAY SportsAug 11 (Reuters) - Alex de Minaur pulled off a gritty 7-6(7) 7-5 upset of second seed Daniil Medvedev at the Canadian Open on Friday to reach his first semi-final at a Masters 1000 event where he will face Spaniard Alejandro Davidovich Fokina. The 24-year-old De Minaur had to rally from a break down twice in the second set before showing his resilience again thanks to his brilliant return game, sealing victory on the Russian's seventh double fault. Up next is a meeting with red-hot Spaniard Alejandro Davidovich Fokina, who swept aside American Mackenzie McDonald 6-4 6-2 earlier on Friday. Davidovich Fokina holds a 2-1 lead over De Minaur in their head-to-head meetings.

Persons: Alex De Minaur, Daniil Medvedev, John E, Alex de Minaur, Alejandro Davidovich Fokina, Minaur, Mackenzie McDonald, Davidovich Fokina, De, Rory Carroll, Ken Ferris Organizations: Thomson Locations: Toronto , Ontario, Canada, Sobeys, Toronto, De Minaur, Los Angeles

[1/4] Aug 11, 2023; Toronto, Ontario, Canada; Carlos Alcaraz (ESP) reaches for but misses a shot played by Tommy Paul (USA) (not pictured) during quarter finals play at Sobeys Stadium. Mandatory Credit: Dan Hamilton-USA TODAY SportsAug 11 (Reuters) - Carlos Alcaraz's U.S Open preparations suffered a setback on Friday as the world number one fell to American Tommy Paul 6-3 4-6 6-3 in the quarterfinals of the Canadian Open. For the third consecutive match, the Spaniard got off to a sluggish start on the hard courts in Toronto, falling behind early and double faulting to hand Paul the first set. But Paul took control in the decider, smoking a backhand at the charging Alcaraz that he could not put back in play for a break and pouncing on a poorly executed drop shot from Alcaraz on match point to dismiss the top seed. Reporting by Rory Carroll in Los Angeles; Editing by Ken Ferris and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Alcaraz, Tommy Paul, Dan Hamilton, Carlos Alcaraz's, American Tommy Paul, Paul, Alcaraz, Monfils, Alex de Minaur, Daniil Medvedev, Alejandro Davidovich Fokina, Minaur, de Minaur, Mackenzie McDonald, Davidovich Fokina, De, Rory Carroll, Ken Ferris, William Mallard Organizations: Sobeys, Canadian, Thomson Locations: Toronto , Ontario, Canada, USA, Carlos Alcaraz's U.S, American, Toronto, De Minaur, Los Angeles

☆ Australia progresses to Women's World Cup semifinals after penalty shootout win over France
▼ + stars: | 2023-08-11 | by ( Aimee Lewis | ) edition.cnn.com time to read: +6 min

Women’s World Cup 2023: Live scores, fixtures, results, tables and top scorersCNN —Australia reached the Women’s World Cup semifinals for the first time, sending a sell-out crowd in Brisbane into ecstasy, with an incredible penalty shootout victory over France. Cortnee Vine, the 20th penalty taker in the shootout, sealed victory, securing a 7-6 win on penalties and a tie against either England or Colombia. Australia head coach Tony Gustavsson told reporters that he is “so freaking proud” of his team and thanked supporters. Having missed a chance herself to seal Australia’s progress during the shootout, the Australia goalkeeper bounced back to save Kenza Dali’s spot-kick. And we’re loving It …”For all of Australia and France’s endeavor, defenses held firm and the match went to extra-time.

Persons: Tony Gustavsson, “, ”, Tertius Pickard, Les Bleues, Vicki Bècho’s, –, Mackenzie, Kenza, Arnold, Hervé Renard, Maelle Lakrar, Eugénie Le Sommer, France’s, Pauline Peyraud, Magnin, Mary Fowler, Élisa de Almeida, Sam Kerr, France's, Kerr, Hayley Raso, it’s, Wendie Renard, Alanna Kennedy, Vine, Renard, Solene Durand Organizations: CNN — Australia, France, Denmark, Australia Locations: Brisbane, England, Colombia, France, Australia, Peyraud

Key hurdles for the two projects include the country's caps on domestic gas prices, limits on gas exports and the high costs for carbon capture and storage - required for new gas projects to help fight global warming. Last month, Shell (SHEL.L) said it would sell its holding in the Masela project to Indonesia's Pertamina and Malaysia's Petronas, while Chevron (CVX.N) agreed to sell its stake in the IDD project to Italy's Eni (ENI.MI). Reuters GraphicsNEW TERMS NEEDEDOnce one of the world's top five liquefied natural gas (LNG) exporters, Indonesia's LNG exports have halved in the past decade, Kpler data showed. The country has not approved a major oil or gas project since 2016 - the expansion of BP's (BP.L) Tangguh LNG plant. The current formula for splitting revenue between the government and investors in gas projects sets the base rate at 48% for companies.

Persons: magnifier, Dado Ruvic, Benny Lubiantara, Andrew Harwood, Wood Mackenzie, SKK Migas, Benny, Prateek Pandey, Takayuki Ueda, Naing, Inpex's Ueda, Fransiska Nangoy, Bernadette Christina Munthe, Emily Chow, Yuka Obayashi, Florence Tan, Sonali Paul Organizations: REUTERS, Indonesia, Shell, Chevron, Indonesia Deepwater Development, Petronas, Eni, Essential Services, Reuters, Indonesia Petroleum Association, Rystad Energy, BMI Research, Fitch Group, Tcf, Thomson Locations: Indonesia, JAKARTA, Jakarta, Chevron, Tokyo, Masela, Singapore

Sam Bankman-Fried will head to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX founder's bail over alleged witness tampering. Judge Lewis Kaplan denied Bankman-Fried's request for delayed detention pending an appeal. "My conclusion is there is probable cause to believe the defendant tried to tamper with witnesses at least twice," said Judge Kaplan during his ruling. Judge Kaplan previously issued a direct and stern warning to Bankman-Fried in July over his conversations with the media. It is an argument that proved sufficient to convince Judge Kaplan to send Bankman-Fried to jail ahead of his trial.

Persons: Sam Bankman, Fried, Judge Lewis Kaplan, Bankman, Kaplan, Kaplan's, Palo, billionaire's, Judge Kaplan, Caroline Ellison, Ellison Organizations: Brooklyn's Metropolitan Detention Center, The New York Times, Freedom, Press, New York Times, Bankman, Alameda Research, Times Locations: New York, Putnam , New York, Brooklyn's, Bankman, Palo Alto , California, Bahamas

A New York judge will decide on Friday, during a hearing that starts at 2 p.m. ET, whether to send Sam Bankman-Fried to jail. Federal prosecutors have asked U.S. District Judge Lewis A. Kaplan to revoke the FTX founder's bail over alleged witness tampering. Kaplan previously issued a direct and stern warning to Bankman-Fried in July over his conversations with the media. The government told the judge in a letter that next week it plans to file a new superseding indictment.

Persons: Sam Bankman, District Judge Lewis A, Kaplan, Fried, Palo, billionaire's, Caroline Ellison, Ellison Organizations: U.S, District, The New York Times, Freedom, Press, Bankman, Alameda Research, Prosecutors, Bahamas Locations: York, Manhattan, Bankman, Palo Alto , California

☆ Natural gas prices are spiking again. Here’s why
▼ + stars: | 2023-08-10 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Natural gas prices have spiked again this week, just as Europe prepares for the heating season. The price of Dutch natural gas, the European benchmark, has jumped 24% to €40 ($44) per megawatt hour since Tuesday on news of potential industrial action at liquefied natural gas (LNG) plants in Australia. US natural gas prices have climbed 18% so far this month. “As much of the spare LNG supply comes from the US, natural gas prices there have also jumped higher,” he added. The sudden rise in gas prices follows a recent run-up in oil prices, driven by production cuts by major exporters such as Saudi Arabia and Russia.

Persons: Brad Gandy, Tom Marzec, ”, Russia —, Bill Weatherburn, Brent, Weatherburn, Massimo Di Odoardo, Wood Mackenzie, “, Woodside, — Hilary Whiteman Organizations: London CNN, Offshore Alliance, Chevron, North West, Woodside Energy Group, Facebook, CNN, —, Capital Economics, European Union, Asia —, Reuters Locations: Australia, Europe, Russia, Ukraine, Norway, LNG, United States, Qatar, Moscow, Saudi Arabia, Marzec, “, Asia, Asia — Japan, —, Brisbane

The swashbuckling Spaniard got off to a nightmare start as Hurkacz jumped out to a 3-0 first set lead in just six minutes en route to capturing the first set. FOKINA TOPPLES RUUDEarlier, Alejandro Davidovich Fokina battled back from a third set deficit to beat Casper Ruud 7-6(4) 4-6 7-6(4) and deny the third seed a place in the Canadian Open quarter-finals. Ruud was two points away from victory at 5-3 30-0 before Davidovich Fokina served his way out of trouble. Ruud dug himself into an early hole in the breaker with some tentative serving and poor forehands and Davidovich Fokina claimed the win with a drop shot. Up next for Davidovich Fokina is American Mackenzie McDonald, who reached his first quarter-final of a Masters 1000 tournament by dispatching Canadian Milos Raonic 6-3 6-3.

Persons: Carlos Alcaraz, Hubert Hurkacz, Dan Hamilton, Hurkacz, Tommy Paul, Marcos Giron, Scot Andy Murray, Italy's, FOKINA TOPPLES RUUD, Alejandro Davidovich Fokina, Casper Ruud, Ruud, Davidovich Fokina, Fokina, Mackenzie McDonald, Milos Raonic, Raonic's, McDonald, FRITZ FIZZLES Australia's Alex De Minaur, Taylor Fritz, Fritz, De Minaur, Daniil Medvedev, Italy's Lorenzo Musetti, Medvedev, Rory Carroll, Ken Ferris Organizations: Sobeys, Wimbledon, Canadian, Thomson Locations: Toronto , Ontario, Canada, Toronto, Alcaraz, Marcos Giron ., Norwegian, Los Angeles

☆ Monfils stuns Tsitsipas, joins Medvedev and Raonic in third round
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

TORONTO, Aug 9 (Reuters) - Gael Monfils rolled back the years to upset Stefanos Tsitsipas 6-4 6-3 on Wednesday at the Canadian Open while Daniil Medvedev got his first U.S. Open tune-up event off to a solid start and home favourite Milos Raonic eased into the third round. The 36-year-old Monfils saved all three break points he faced and broke Tsitsipas' serve three times, including in the final game to send off the world number four in 85 minutes. Second seed Medvedev, competing for the first time since losing to Carlos Alcaraz in the Wimbledon semi-finals, dominated proceedings from the baseline during his 6-2 7-5 win over Italian qualifier Matteo Arnaldi. Former champion Medvedev, whose sole Grand Slam title came at the 2021 U.S. Open, saved the three break points he faced against Arnaldi and produced 29 winners as he wrapped up the victory in 86 minutes. Eighth seed American Taylor Fritz, who followed up his Atlanta title with a run to the semi-finals last week in Washington, advanced with a 7-6(7) 3-6 6-3 win over Frenchman Ugo Humbert.

Persons: Monfils, Stefanos, Daniil Medvedev, Milos Raonic, Frenchman, Russia's Medvedev, Medvedev, Carlos Alcaraz, Matteo Arnaldi, Mackenzie McDonald, Raonic, Frances Tiafoe, Taro Daniel, Daniel's, Taylor Fritz, Frenchman Ugo Humbert, Frank Pingue, Pritha Sarkar Organizations: TORONTO, Canadian, U.S, Wimbledon, Italian, Arnaldi, Eighth, Atlanta, Thomson Locations: Indian Wells, Washington, Toronto

The Berlin-based company expects total segment revenue to grow around 15% this year, compared with its previous guidance for growth of around 10% in constant currency terms. The company confirmed its outlook for adjusted core profit (EBITDA) margin on gross merchandise value (GMV) of over 0.5% for the year. Revenue rose 16% in constant currency to 2.58 billion euros in the second quarter, slightly above a consensus estimate of 2.50 billion euros. Overall GMV increased 8% in constant currency to 11.08 billion euros in the quarter, exceeding analysts' estimate of 10.96 billion euros. The group's Asia segment, including its core market South Korea, returned to positive GMV growth of 2% in constant currency.

Persons: Emmanuel Thomassin, Niklas Oestberg, Linda Pasquini, Anna Mackenzie, Himani Sarkar, Conor Humphries, Jonathan Oatis Organizations: Thomson Locations: Asia, Berlin, South Korea, Vietnam, Thailand, Korea, Gdansk

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitstamp to wind down trading of some altcoins for U.S. customers: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jonathan Levin of Chainalysis explains the firm's work with global law enforcement in tracking down crypto crime.

Persons: explainers, Jonathan Levin, Chainalysis Organizations: CNBC Crypto, CNBC

REUTERS/Amir Cohen/File PhotoSummary Funds were meant to narrow socio-economic gapsSmotrich says money would go to criminals, militantsLawmakers, colleges criticise decision as racistJERUSALEM, Aug 8 (Reuters) - Israeli Finance Minister Bezalel Smotrich has frozen funds for Arab towns and Palestinian education programmes in East Jerusalem, citing crime and safety fears and prompting accusations of racism. "Arab citizens are entitled to those funds, which were meant to close the gaps between Arab and Jewish communities," he told Reuters. 'HATRED AND RACISM'Smotrich said a separate 200 million shekels for encouraging academic studies among Palestinians from East Jerusalem would also be frozen until what he described as "extremist Islamic activity" on campus was eradicated. Smotrich said the new East Jerusalem plan would have a total increased budget but that although encouraging academic studies among the city's Palestinians was a worthy cause, this also had unwelcome consequences. Reporting by Henriette Chacar and Maayan Lubell; Editing by James Mackenzie and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Amir Cohen, Bezalel Smotrich, Benjamin Netanyahu's, Kan, Moshe Arbel, Mansour Abbas, Yair Lapid, Smotrich, Ameer Bisharat, Israel, Netanyahu, Henriette Chacar, James Mackenzie, Gareth Jones Organizations: REUTERS, Israeli, Reuters, National Committee of, Facebook, Hebrew University of Jerusalem, Thomson Locations: Rahat, Israel, JERUSALEM, East Jerusalem, Smotrich, Arab, Jerusalem, Gaza

☆ Oil hedge funds place their bets on heat-fueled hurricane season
▼ + stars: | 2023-08-08 | by ( Nell Mackenzie | ) www.reuters.com time to read: +5 min

Gasoline prices usually rise ahead of the U.S. summer driving season. Money managers in the week to Aug. 1 boosted their net long holdings of NYMEX RBOB gasoline futures to the highest since late February 2022. HEDGE FUND-FUELED TURNAROUNDGasoline futures have risen around 14% this year, compared with a roughly 2% rise for U.S. crude futures . To guarantee a profit, they need the rise in gasoline prices to be sustained until hurricane activity is confirmed. But for gasoline to continue its rise against the price of crude oil, there needs to be a hurricane in the Gulf of Mexico, they said.

Persons: Liz Hampton, Tom Kloza, Vincent Elbhar, Eliot Geller, Brent Belote, Cayler, Belote, Arion, Nell Mackenzie, Laura Sanicola, Barbara Lewis Organizations: REUTERS, Liz Hampton LONDON, Gulf Coasts, Silicon Valley, Societe Generale, Reuters, Money, Futures Trading Commission, Reuters Graphics, El, Oil Price Information Service, CTA, Investment, Commodity, Fund, Aspect, CoreCommodity Management, CoreCommodity, Barclays, JP, Cayler, Thomson Locations: Loco Hills, New Mexico, U.S, Russia, Ukraine, Gulf of Mexico, United States, Gulf, Silicon, Gulf Coast, Mexico, Europe, Hurricanes, Washington

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: explainers, Jose Fernandez da Ponte Organizations: PayPal, CNBC Crypto, CNBC

☆ Watch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoin
▼ + stars: | 2023-08-08 | by ( Mackenzie Sigalos | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoinCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: PayPal's Jose Fernandez da Ponte, explainers, Jose Fernandez da Ponte Organizations: CNBC, PayPal

Da Ponte denied a Bloomberg report that the payments processor paused development of its stablecoin in February. But da Ponte argues this troubled backdrop is exactly why PayPal is poised to succeed. Then there's the hypothetical digital dollar that would be the Fed's take on a central bank digital currency, or CBDC. "We have a large base of consumers; we have a large base of merchants," da Ponte said of PayPal's "two-sided network." Da Ponte sees PayPal's more than 20-year tenure in the payments space as one of the company's chief advantages in the stablecoin market.

Persons: Jose Fernandez da Ponte, PayPal's, Da Ponte, Paxos, it's, Ponte, stablecoins, Nic Carter, Stablecoins, Carter, Andy Bromberg, Andreessen Horowitz, Bromberg, PYUSD, Jeremy Allaire, Allaire, Patrick McHenry, McHenry Organizations: PayPal, CNBC, Bloomberg, SEC, New, Regulators, Valley Bank, U.S ., U.S, Castle, Ventures, Companies, Eco, Coinbase Ventures, Paypal, Facebook, Financial Services, America Locations: U.S, New York, Bromberg, web3, United States, R, DexTools

☆ Round of 16 Rolls On With England-Nigeria and Australia-Denmark
▼ + stars: | 2023-08-07 | by ( Claire Fahy | ) www.nytimes.com time to read: +2 min

Nigeria stunned Australia, 3-2, to reach the round of 16 — and will be looking to supply another surprise. England vs. NigeriaEngland won two of its group stage matches by a single goal, beating Haiti and Denmark by the same score, 1-0. The Nigerians have not lost since February, but have never won a knockout game in the team’s seven previous World Cup appearances. In 2019, Australia was ousted in the round of 16 by Norway in a penalty shootout. Denmark hasn’t qualified for a World Cup since 2007, and is here to make the most of it.

Persons: Sam Kerr, William West, Kerr, “, Denmark hasn’t, ”, Mackenzie Arnold Organizations: Canada, Credit, Agence France, New Zealand, England, Nigeria England, China, Australia, Denmark, Danes Locations: Australia, New, Nigeria, Haiti, Denmark, Canada, Ireland, England, Norway

☆ Jeff Bezos and Lauren Sanchez's superyacht engagement party reportedly included business titans and celebs, from Bill Gates and his girlfriend to Leonardo DiCaprio
▼ + stars: | 2023-08-07 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Some big names attended, including Bill Gates, Bumble CEO Whitney Wolfe Herd, and Kris Jenner. The party took place on Bezos' $500 million yacht, which first set sail in February. Jeff Bezos and Lauren Sanchez celebrated their engagement last week — and their party aboard the Amazon cofounder's $500 million superyacht attracted some big names. Attendees included Kris Jenner, Bumble CEO Whitney Wolfe Herd, and fashion designer Sarah Staudinger, according to photos on Sanchez's Instagram. Bezos and Sanchez have been spending lots of time on their $500 million yacht, which first hit the seas in February.

Persons: Jeff Bezos, Lauren Sanchez, Bill Gates, Bumble, Whitney Wolfe Herd, Kris Jenner, Sarah Staudinger, Instagram, Paula Hurd, Page, Wendi Murdoch, Rupert Murdoch's, Ari Emanuel, Staudinger, Andrew Garfield, Tobey Maguire, Rania Al Abdullah, Queen of Jordan, Leonardo DiCaprio, Bezos, DiCaprio, Sanchez, Mackenzie Scott Organizations: Morning, Black Ops Aviation, Good Locations: Positano, Italy

☆ Inside Prague's Institute of Crypto Anarchy — where they're plotting to bring down the dollar
▼ + stars: | 2023-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

Today, that union of minds finds refuge in Prague in a retrofitted factory building called Paralelní Polis, or "parallel world." The dark stucco of Polis' Prague headquarters is an outlier among the ornate, brightly-colored buildings that tower over it. ETHPrague 2023 was held at Paralelní Polis in the Czech Republic Pavel SinaglThe 'parallel world' concept is sticky. The Vienna branch goes so far as to self-describe as a living example of how "the Paralelní Polis cryptoliberation virus is spreading." The most popular Czech bitcoin YouTuber boasts 90k subscribers, while the annual Czech-only bitcoin conference called Chaincamp attracts around 2000 visitors, even during the bear market."

Persons: Czech Republic Pavel Sinagl, Ztohoven —, Ztohoven, provocateurs, Václav Benda, Dan Ligocký, Ligocký, William Lobkowicz, ethereum, Vitalik Buterin, Ethereum, Pavel Sinagl, Prague MacKenzie Sigalos, Holy, William, Ileana Lobkowicz, Josef Tětek, Tětek, isn't, biohacking, —, Carl Menger, Friedrich Hayek, BTCPrague, Michael Saylor, Satoshi cryptographer, Adam Back, Saifedean Ammous, bitcoin, Gary Gensler, bitcoin maximalist, Vaclav, — Matěj Žák, Jan Čapek, Christoph Kassas, YouTuber Jakub Vejmola, Jameson Lopp, Stephan Livera, Robert Breedlove, Stani Kulechov, Ondrej Polak, Czech Republic Pavel Sinagl Ligocky Organizations: Paralelní, CNBC, European Union, Polis, of Cryptoanarchy, Austrian, Securities, Exchange, Czech Craft, U.S, Treasury, Casa, Ethereum Foundation, Czech Blockchain Association, optimist Locations: Paralelní Polis, Czech Republic, Czech Republic Pavel Sinagl PRAGUE, Czech, Bohemian, Prague, It's, Polis, Polis —, Lobkowicz, Nazi, Vienna, Barcelona, Bratislava, Slovakia, Košice, Austrian, ., Alza, Bohemia, Europe, Old Town, Holešovice

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