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In 2013, Wired destroyed the key to 13 BTC now worth $760K… to make a point
Among the ranks of once-were Bitcoin naysayers is Wired, which destroyed the private key to a Bitcoin (BTC) wallet holding 13.34623579 BTC back in 2013 in order to make the point the cryptocurrency was nothing more than an “abstraction”.…
Factbox-Grab debuts on Nasdaq, marking biggest Southeast Asia listing
The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.WHAT IS GRAB?Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It…
KKR taps Temasek exec to head Asia-Pacific equity investment strategy
In his newly created role as head of Growth Equity in Asia Pacific, Chawla will anchor KKR's plan to invest across sectors such as technology, healthcare, fintech, consumer, and other growth categories, the investment giant said.Chawla has…
The FT’s 25 most influential women of 2021
The FT’s annual Women of the Year has long celebrated achievement and influence. With the same objective in mind, we’ve expanded the list for 2021 and asked some of the most influential women in the world to write the entries, including…
FT Financial Literacy and Inclusion Campaign: China fights a financial fraud explosion
This article is the latest part of the FT’s Financial Literacy and Inclusion CampaignWhen Jenny Fan got a phone call in early February she thought she had won a lucky draw. The caller, who said he represented a skincare company, told Jenny…
Jay Powell looks past Omicron threat in hawkish pivot on inflation
With financial markets already selling off on fears over the Omicron coronavirus variant, it might have seemed like an odd moment for the chair of the Federal Reserve to make his most hawkish comments on monetary policy since the start of…
France: the battle over wind power stirs up the election
As France’s election season gathers steam, the fishermen from Saint-Brieuc on the north Brittany coast have had a stream of illustrious visitors, including the EU’s former Brexit negotiator Michel Barnier. But instead of discussing Brexit…
Petrol prices bruise car drivers in US gig economy
The recent surge in fuel prices across the US has hit the country’s gig economy drivers, forcing many to overhaul the way they work or give up their jobs.Drivers for ride-hailing and delivery apps and analysts covering the sector say that…
Asset managers fail to act on pledges to divest from Brazil over deforestation
Several European investment groups that last year threatened to divest from Brazil over soaring deforestation have not done so, even as new figures show the pace of destruction of the Amazon rainforest is at its worst since 2006. European…
Netanyahu struggles to plot path back to power in Israel
On their trip to Israel last month, a group of US lawmakers met the new prime minister Naftali Bennett and drove to Ramallah to meet the Palestinian prime minister, Mohammad Shtayyeh.But the one person they did not find time for was…
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