Money
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Sam Bankman-Fried found guilty of a massive fraud that led to the collapse of FTX
NEW YORK, BRONX (ORDO Breaking News) — Sam Bankman-Fried was found guilty of a massive fraud that led to the collapse of FTX. On Thursday, FTX founder Sam Bankman-Fried received a guilty verdict, marking a significant fall from grace for the 31-year-old former billionaire. The verdict came after a month-long trial, where prosecutors presented evidence that Bankman-Fried stole $8 billion from his now-bankrupt cryptocurrency exchange due to greed. This case…
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ChatGPT unveils the top 5 most impactful billionaires in history
NEW YORK, BRONX (ORDO News) — In the ever-evolving landscape of wealth and influence, the battle for the title of the “most influential billionaire of all time” is a captivating pursuit. While wealth may be measured in figures and assets, influence transcends mere dollars and cents. Artificial intelligence, in the form of ChatGPT, has weighed in on this intriguing debate, offering a unique perspective on who truly stands out as…
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D**kipedia — Elon Musk offers $1 billion for explicit Wikipedia name change
NEW YORK, BRONX (ORDO News) — In a moment of jest and philanthropy, Elon Musk, the world‘s wealthiest individual and the CEO of SpaceX and Tesla, playfully offered Wikipedia a substantial sum of money. The offer came in response to an appeal from Jimmy Wales, the co-founder of Wikipedia, who was soliciting donations to support the site’s maintenance. Wikipedia, often regarded as one of the most comprehensive and accessible sources…
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The World One computer program predicted disaster: what awaits humanity by 2040?
NEW YORK, BRONX (ORDO News) — In 1973, a group of specialists at the Massachusetts Institute of Technology, led by engineer Jay Forrester, began work on an ambitious project – the World One computer program. The goal of the program was the following: to predict the future of the entire planet based on complex calculations and statistical data. REN TV talks about this . “He didn’t really believe in the…
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Could debt on loans be linked to genetics?
NEW YORK, BRONX (ORDO News) — Genetics, debt and financial behavior – these three elements seem to be unrelated. However, recent research has shown that our genes may have an indirect influence on our propensity for debt and financial decisions. Research conducted in this area has found genetic factors associated with impulsivity, a personality trait that can lead to reckless spending and therefore the accumulation of debt. A recent study…
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Valkyrie funds delays Ethereum purchase for ETF amid regulatory process
NEW YORK, BRONX (ORDO News) — Valkyrie Funds LLC, a financial services firm, has announced a delay in purchasing Ethereum for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). The firm will also unwind any positions it has already acquired, creating a temporary hurdle in its quest to launch the first exchange-traded fund (ETF) linked to the cryptocurrency Ethereum. In a filing with the Securities and Exchange Commission (SEC), Valkyrie…
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Robinhood expects $100 million charge in Q3 for legal and regulatory matters
NEW YORK, BRONX (ORDO News) — Robinhood Markets, the popular trading app operator, has announced its anticipation of incurring a $100 million charge in the third quarter of this year. This charge is intended to address certain legal and regulatory issues that have previously been disclosed by the company. Robinhood has been no stranger to regulatory challenges in recent times. It gained widespread attention when it found itself at the…
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All possible money conspiracies that really work
NEW YORK, BRONX (ORDO News) — If it seems to you that a dark streak has come in your life, then it’s time to read conspiracies for money and good luck. To achieve success, you must believe that higher powers will certainly come to your aid. And of course, take advantage of all the opportunities that are open to you! The main feature of magic spells for money is the opportunity to catch…
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Exclusive: China’s Nio explores investment and tech partnerships with Mercedes – sources
NEW YORK, BRONX (ORDO News) — Recent reports have surfaced suggesting that Nio, the renowned Chinese electric vehicle (EV) startup, has embarked on preliminary discussions with the venerable German automaker, Mercedes-Benz. This possible partnership could see Mercedes-Benz investing in Nio, aiming to secure access to the burgeoning electric vehicle technology sphere. Sources familiar with the matter have revealed that William Li, the Founder and Chief Executive of Nio, initiated talks…
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Valkyrie Funds to incorporate ‘ether’ futures into exchange-traded fund following SEC approval
NEW YORK, BRONX (ORDO News) — Investment manager Valkyrie Funds LLC has received approval from the U.S. Securities and Exchange Commission (SEC) to add Ethereum futures to its existing Bitcoin futures exchange-traded fund (ETF). The renamed Valkyrie Bitcoin and Ether Strategy ETF will launch on Monday, making it the first ETF to offer futures based on Ethereum (ETH) contracts to investors. Boost for the Crypto Market This move marks a…
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Biden’s 5-year offshore oil strategy to include historically limited lease sales, none expected in 2024, sources report
NEW YORK, BRONX (ORDO News) — In a significant shift in U.S. energy policy, the Biden administration is set to unveil its five-year plan for offshore oil and gas leasing, which will include the lowest number of auctions in the program’s history. The plan, covering 2024 to 2028, reflects a compromise between environmental advocates and drilling proponents and marks a significant reduction from the 2018 proposal crafted by the Trump…
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Binance pulls out of Russia
US, NEW YORK (ORDO News) — Binance pulls out of Russia. The technology company Binance, which provides infrastructure for trading cryptocurrencies, has agreed to sell its entire Russian business to CommEX, users from Russia will be disconnected from trading on this site within a year, the crypto exchange said in a message on the social network X. “Binance has entered into an agreement to sell its entire Russian business to…
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Here’s how high interest rates are putting Americans out of work
(ORDO NEWS) — For the first time in 13 years, the US Federal Reserve has decided to cut staff, CCTV reports. This is a consequence of the Fed’s aggressive increase in interest rates, experts say, because it was such radical measures that drove the agency into losses, and it will not be possible to correct the situation for a long time. According to CNN, on September 22, a representative of…
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Secrets of black gold: where does oil come from?
(ORDO NEWS) — You’ve probably heard the claim that oil comes from dinosaurs, and when you’re at the gas station, you’re now imagining how you’re pouring a recycled velociraptor into your car. No matter how common the belief may be, it is not true. Oil is not produced from the decomposed bodies of ancient dinosaurs, although indirectly it has some connection with them. Algae and plankton, once thriving in the…
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Number of infections with the new COVID-19 strain exceeded 50 cases in UK
(ORDO NEWS) — The number of infections with the new version of coronavirus BA.2.86 in the UK exceeded 50 cases, reported Friday, the British Health Agency. “As of September 18, 54 confirmed cases were recorded in the UK, 48 – in England and six – in Scotland. No cases of the disease were detected in Wales and Northern Ireland,” the agency said in a statement published on the government’s website.…
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Can Shiba Inu cryptocurrency go to 1 cent
(ORDO NEWS) — In the world of cryptocurrencies, the lively debate surrounding Shiba Inu (SHIB) coin, which has attracted the attention of investors and traders due to its low price and potential for growth, continues. The question on many people‘s lips is: when will SHIB reach the 1 cent mark? Created in 2020 as an experimental token on the Ethereum blockchain, Shiba Inu quickly gained momentum in the cryptocurrency community.…
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The era of cheap oil is over
(ORDO NEWS) — Oil prices continue to rise, and OPEC + is going to keep them high, writes Al Ittihad. This goes against the interests of its competitors, for example, the United States. Winter is coming, stocks of “black gold” need to be replenished. And this will have to be done for a lot of money, the author of the article notes. In early August, oil prices reached their highest…
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Elon Musk promises $1 million to find those responsible for ‘botnets’
(ORDO NEWS) — After Twitter discovered some of its algorithms, Elon Musk offered a $1 million reward to anyone who could pinpoint the origin of “botnets” that allegedly aim to manipulate user reputation scores. Regarding Twitter’s published source code, Steve Trey said that several factors can lower an account’s “reputation score” on the platform, including blocking, muting, and reporting abuse or spam. Another Twitter user said that botnets – a…
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Mathematician revealed the secrets that will help to break the jackpot
(ORDO NEWS) — If you think that in order to hit the jackpot in the lottery, you just need to be lucky, then you are very wrong. It turns out that mathematicians and gamblers have developed many theories that significantly increase the chances of winning the main prize. Mathematician Ryan Garibaldi shared the theory of “lucky numbers”. Do not confuse with the theory of “hot and cold numbers”. They are…
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Scientists have found that people with low incomes have a greater risk of dying from a heart attack than people with high incomes
(ORDO NEWS) — A study by researchers at Harvard Medical School and the University of Texas found that low-income people are at greater risk of dying from a heart attack than high-income people. The study analyzed a 10-year follow-up of more than 86,000 Americans of various races and socioeconomic groups. Scientists have found that people with an income of less than $35,000 a year have a 17% greater risk of…
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All the gold mined in the world will fit in a cube measuring 23 by 23 meters
(ORDO NEWS) — Indeed, all the gold that has been mined in the history of mankind can be placed in a cube with sides of 23 meters. This is not only an interesting fact, but also allows you to appreciate how rare and valuable precious metals are. Gold is one of the most precious metals on the planet. It has unique properties such as high ductility and thermal conductivity, making…
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Elon Musk says he was forced to buy Twitter
(ORDO NEWS) — Eccentric entrepreneur and billionaire Elon Musk is back in the spotlight. In an interview on Twitter Spaces, he stated that he did not buy Twitter voluntarily, but out of fear that he would be forced into it. But how did it happen? Last April, Musk officially offered to buy Twitter for $44 billion. He subsequently put the deal on hold, citing an inflated number of users and…
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A woman won the lottery thanks to the numbers she saw in a dream
(ORDO NEWS) — In Malaysia, a woman won the lottery thanks to the numbers she saw in a dream. The woman indicated two combinations of numbers on the lottery ticket: 5785 and 3887. She saw the first combination in a dream, and noticed the other several times on the registration numbers of cars when she was driving to relatives in Banting. The woman said she was interested in seeing the…
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An old car found in a garage turned out to be an expensive rarity
(ORDO NEWS) — An old Facel Vega HK 500 was discovered in a garage in southwest Wales, which turned out to be a rare model with only 485 built. Facel Vega was a French car company that made luxury cars in the 1950s and 60s. This particular model was released in 1959 and sold for £5,000 which was a very large sum at the time. The rare Facel Vega HK…
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Demon of wealth Mammon: How to ask him for money and not sell his soul
(ORDO NEWS) — Mammon is a demon that is mainly responsible for spiritual benefits and wealth. His name comes from an Aramaic word that means “wealth”. In Christian traditions, Mammon is sometimes associated with the devil. However, people seek to turn to Mammon in order to gain financial success and prosperity. Throughout history, there are various indications that people, at least since the 17th century, turned to Mammon for financial help. How to…
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WorldCoin: Why does the system use eye scanning and what is the danger
(ORDO NEWS) — Cryptotrader and hacker Peter Levashov (Peter Severa) shared with REN TV important information about the recently appeared WorldCoin cryptocurrency, which became the object of a possible scandal due to the collection of user identification data, including biometric information. The essence of the scandal is the use of the Orb device, designed to scan the iris of the eye, to identify users. In this case, the scan converts…
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US Federal Reserve kept the rate at 0-0.25%
US, WASHINGTON (ORDO NEWS) — The US Federal Reserve System, which acts as the country’s central bank, has kept the rate at 0-0.25% per annum, as expected by the market. This is stated in the message of the financial regulator following the meeting of his leadership. “The ongoing crisis will significantly affect economic activity, employment and inflation in the near future and will create significant risks for the economy in…
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US GDP collapsed in the I quarter of 4.8%
US, WASHINGTON (ORDO NEWS) — US GDP collapsed in the I quarter by 4.8% in annual terms, noted in a preliminary report by the US Department of Commerce. The last time the country’s GDP was reduced in January-March 2014 – by 1.1%. In the IV quarter of 2019, the indicator increased by 2.1%. The American economy was negatively affected by the coronavirus pandemic and social exclusion measures. The key component…
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US oil production fell for the second month in January
US, WASHINGTON (ORDO NEWS) — The US Energy Information Administration said in a monthly report on Tuesday that US crude oil production fell to 12.74 million bpd in January from 12.80 million bpd in December. This is the first time that crude production has declined for two consecutive months since July 2019 and comes after recording a record high monthly level of 12.87 million bpd in November, ahead of the…
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How many PS5 consoles has Sony sold
(ORDO NEWS) — The head of Sony Interactive Entertainment, Jim Ryan, told how many PlayStation 5 consoles the company has sold in total. It is reported about 40 million pieces. At the same time, a Sony representative did not call the product “the fastest-selling console in the history of Sony Interactive Entertainment”: PS5 was released in 2020 and was sold in 2021 in the amount of 10 million units. Then…