When the hack happened, Bitfinex customers took an enforced “haircut”, losing 36% of their assets held by the crypto exchange. By 2019, the company had reimbursed the victims, so now the Hong Kong-based firm and some customers who exchanged their losses for shares are in line for a windfall once the recovered Bitcoins are returned.
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UAW strike: Ford and union agree record pay rise in tentative deal
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Ford chief executive and president Jim Farley said in a statement: “We are focused on restarting Kentucky Truck Plant,...
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Some Portugal passengers still plan to travel despite rule change
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“The Government set out its roadmap a few weeks ago saying we wouldn’t be doing the eternal hokey cokey...
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ARM: UK-based chip designer sold to Nvidia
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By Leo KelionTechnology desk editor image copyrightGetty Images/ARM UK-based computer chip designer ARM Holdings is being sold to the...
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The regulator’s price cap affects 29 million households in England, Wales and Scotland. Rules are different in Northern Ireland,...
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Shoppers rein in spending as incomes squeezed
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Bank of England hints at future interest rate rise
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The message from the Bank of England is that the economy has been hit by supply chain bottlenecks, both...
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Donald Trump launches own-brand shoes after $355m fraud fine
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Former US President Donald Trump has launched his own line of Trump-branded shoes at Sneaker Con – a convention...
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HSBC reopens mortgage offers after criticism from brokers
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