Newsletter Mar 28, 2023

Quick Six

Binance, founder Zhao facing charges for multiple violations
A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector. Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said the charges against Binance, the world's largest crypto exchange, were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market." The allegations targeted Zhao, also known by his Twitter handle CZ, and three entities that make up his crypto empire.
COULD ZHAO WIND UP AS A CELLMATE OF EX-RIVAL SBF?

Banking regulator investigating failures of SVB, Signature
A U.S. banking regulator is investigating potential misconduct on the part of executives and others involved in the failures of Silicon Valley Bank,. which was acquired by First Citizen Bank. FDIC Chair Martin Gruenberg told Congress the agency is investigating "directors, officers, professional service providers and other institution-affiliated parties" for possible wrongdoing. Federal prosecutors and the SEC are also looking into any misconduct.
HOW BANKING SECTOR WOES COULD IMPACT GROWTH

Biden bans the government's use of spyware technology
President Joe Biden signed a ban Monday on government use of commercial spyware technology, citing its use for political oppression in countries around the world. The White House said commercial spyware poses a distinct intelligence threat to the U.S.and has been found on the phones of 50 US officials overseas. In addition, a number of foreign governments have used it "to facilitate repression and enable human rights abuses."
SPYWARE LIKE PEGASUS IS MISUSED BY GOVERNMENTS

You Might Like

Markets

DJIA	32,432.08	0.60%
S&P 500	3,977.53	0.16%
Nasdaq Composite	11,768.84	-0.47%
Japan: Nikkei 225	27,476.87	0.33%
UK: FTSE 100	7,471.77	0.90%
Crude Oil Futures	72.81	0.00%
Gold Futures	1,958.30	0.23%
Yen	131.48	-0.07%
Euro	1.08	0.01%
* As of market close

Female shooter kills 6 at Nashville school

A 28-year-old woman armed with several guns opened fire on Monday at a private Christian school she once attended, killing three 9-year-old students and three adults before police shot her during the act. The woman was carrying at least two semi-automatic rifles and a handgun at The Covenant School, which teaches elementary school-age children. Officers shot the woman in a lobby area, where she was pronounced dead. There have been 89 school shootings so far in 2023.

SCHOOL SHOOTINGS BY FEMALE, NON-STUDENT ARE RARE

Netanyahu delays plan amid Israeli unrest

Prime Minister Benjamin Netanyahu paused his plan to overhaul Israel's judiciary after a day of nationwide turmoil when workers joined a general strike against the proposal and hundreds of thousands of protesters took to the streets. Announcing his decision late on Monday to suspend the plans until parliament returns after the break for the Passover holiday and Independence Day next month, Netanyahu called for clam and said the crisis required all sides to act responsibly.

SEE PHOTOS OF THE PROTESTS AGAINST JUDICIAL OVERHAUL

Scientists find water inside glass on Moon

Scientists said Monday they have discovered water inside tiny beads of glass scattered across the Moon, suggesting that one day it could be extracted and used by the "explorers of tomorrow". The Moon was long believed to be dry, but over the last few decades several missions have shown there is water both on the surface and trapped inside minerals.

WHAT THE DISCOVERY MEANS FOR POTENTIAL SETTLEMENT

Moon drops

What country's space mission was first to discover water on the Moon?

Monday's answer: After chemist Joseph Priestly's discovered nitrous oxide in 1772, Dr Horace Wells was the first to use it in dentistry in 1844

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe.Â