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☆ Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis - FT
▼ + stars: | 2022-12-03 | by ( ) www.reuters.com time to read: 1 min

Dec 3 (Reuters) - Crypto exchange Gemini is trying to recover $900 million from crypto lender Genesis and its parent company Digital Currency Group after the collapse of Sam Bankman-Fried's crypto exchange FTX, Financial Times reported citing people familiar with the matter. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Magnitude 6.2 earthquake strikes off the coast of Baja California, Mexico - USGS
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: 1 min

Nov 22 (Reuters) - An earthquake of 6.2 magnitude struck off the coast of Baja California in Mexico on Tuesday, the U.S. Geological Survey (USGS) said. The quake, about 30 km (18.6 miles) west-southwest of Las Brisas in Baja California, struck at a depth of 19 kilometers (12 miles), USGS added. Authorities were investigating whether the temblor had caused any damage in the state of Baja California, Governor Marina del Pilar Avila said on Twitter. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

☆ Magnitude 5.5 earthquake hits Mindanao island, Philippines - EMSC
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: 1 min

Oct 19 (Reuters) - An earthquake of magnitude 5.5 struck Mindanao island in the Philippines on Wednesday, the European Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 26 km (16 miles), EMSC said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh in Bengaluru; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Russia consolidating new front line in Kherson's Mylove village, UK says
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 13 (Reuters) - Russian troops are likely attempting to consolidate along a new front line west of the village of Mylove in Ukraine's southern region of Kherson, the British Ministry of Defence said on Thursday. "Heavy fighting continues along this line, especially at the western end where Ukrainian advances mean Russia's flank is no longer protected by the Inhulets River," the ministry said in its intelligence update on Twitter. loadingRegister now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Crypto exchange FTX to acquire bankrupt Voyager's assets
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/IllustrationsSept 26 (Reuters) - Bankrupt crypto lender Voyager Digital said on Monday crypto exchange FTX has won an auction for its assets, in a bid valued at about $1.42 billion. Register now for FREE unlimited access to Reuters.com RegisterVoyager issued a notice of default to the Singapore-based hedge fund in June, for its failure to make required payments on a loan of 15,250 bitcoin. However, the slump in crypto markets has hurt crypto companies and investors. read moreLast week, Voyager said its Chief Financial Officer Ashwin Prithipaul was preparing to step down from his role within months of his appointment at the crypto lender. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Juby Babu and Shubhendu Deshmukh in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ China's Guoxuan High-tech unit eyes $3.6 bln Michigan plant, 2,000 jobs -Detroit News
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: 1 min

Register now for FREE unlimited access to Reuters.com RegisterSept 20 (Reuters) - Chinese battery maker Guoxuan High Tech Co's (002074.SZ) U.S. subsidiary is planning a development in Michigan that could draw up to $3.6 billion in investment and 2,000 new jobs, the Detroit News reported on Tuesday, citing sources. (t.ly/o9XS)Gotion Inc, a subsidiary of Guoxuan, would produce battery components at a yet-to-be constructed plant in Michigan, the report said, adding that it is expected to lead to about 500 jobs initially and potentially up to 2,000 jobs over the next 10 years. Guoxuan High Tech did not immediately respond to a Reuters request for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh and Akriti Sharma in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

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