At a mere 30 years old, Sam Bankman-Fried had risen to become a billionaire and a prominent figure in the world of cryptocurrency. As the founder and CEO of the FTX cryptocurrency exchange platform, he had achieved great success in a short amount of time, transforming his startup into the world’s second-largest exchange platform. However,
Technology
Minneapolis has recently passed a city ordinance that requires ride-hailing companies like Lyft and Uber to pay their drivers at least $15.57 an hour, the local minimum wage. The ordinance also mandates a payment of $1.40 per mile and $0.51 per minute for the time spent transporting a rider, or $5 per ride, whichever is
Flexible sensors have seen significant advancements in the past decade, allowing for a wide range of sensing capabilities. However, the measurement of complex deformation, especially from multi-axial forces or strains, remains a challenge due to the inability to independently perceive multi-axial stimuli. The Poisson’s effect of sensing materials presents a major obstacle in the independent
Solar radiation estimation plays a crucial role in the development and optimization of solar energy production systems. In a recent study published in the Journal of Remote Sensing, researchers have introduced a novel approach that combines data augmentation with the LightGBM machine learning model to accurately estimate both diffuse and direct solar radiation. This groundbreaking
Nguyen Phuong Linh is a determined young student in Vietnam’s electronics field, setting her sights on contributing to the country’s goal of becoming a hub for semiconductor production. She aspires to become a professor to train future generations of engineers who can attract foreign investors looking to diversify chip manufacturing away from China and Taiwan.
The recent ruling by a UK court has confirmed that Australian computer scientist Craig Wright is not the mysterious figure known as Satoshi Nakamoto, the creator of the cryptocurrency bitcoin. This decision comes after a lengthy trial in London’s High Court following a lawsuit from the Crypto Open Patent Alliance (COPA), an organization dedicated to
The recent proposed legislation in the United States that could potentially lead to a ban on TikTok has sparked outrage among creators on the platform. TikTok users, including popular creators like Ariella Elm and Nathan Espinoza, have expressed concerns over the financial implications and lack of common sense behind the proposed bill. Elm, a political
British Prime Minister Rishi Sunak’s recent announcement about the government’s plan to build new gas-fired power stations has stirred up controversy and sparked criticism over its impact on climate policies. Despite the UK’s commitment to achieving net zero carbon emissions by 2050, the decision to construct gas power plants as a means to ensure energy
Recently, a terrifying incident occurred on a LATAM flight from Sydney to Auckland, leaving twelve passengers hospitalized. The ordeal began when the Boeing-made plane experienced a technical problem over the Tasman Sea, causing it to dip violently. Passengers on the Boeing 787 Dreamliner described the harrowing experience of the plane losing altitude rapidly, with some
The chemical industry is facing a critical moment as the world grapples with the realities of climate change. In a bid to reduce carbon emissions, German group Covestro is leading the way by experimenting with the use of sugar as a base material instead of oil in the manufacture of aniline, a key chemical used
The surge in remote work in the United States due to the Covid-19 pandemic has had a profound impact on the commercial real estate sector. Office buildings in major cities like San Francisco, Washington, and New York are now seeing a significant decrease in occupancy rates, with white-collar workers opting to work from home instead
While Bitcoin has been dominating the headlines with its new record highs, Ether has quietly been making its own impressive surge in the cryptocurrency market. Launched in 2015, Ether, also known as Ethereum, has now established itself as the second-largest digital currency with a total value exceeding $460 billion. This recent surge can be attributed