Tuesday, August 1, 2023

Chandrayaan 3 completes its orbits around the Earth, what’s next

The Indian Space Research Organisation (ISRO) has confirmed that the Chandrayaan-3 spacecraft has moved into its translunar orbit after completing two weeks in Earth's orbit. The Lunar-Orbit Insertion (LOI) is planned for August 5, meaning the spacecraft will take four days to enter lunar orbit and will revolve around the Moon as it has the Earth. https://ift.tt/9eNEJ4o

Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote (Jeremy Hill/Bloomberg)

Jeremy Hill / Bloomberg:
Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote  —  - Customer claims to be valued in US dollars as of bankruptcy  — Company hasn't ruled out rebooting offshore exchange



Monday, July 31, 2023

Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30 (Yogita Khatri/The Block)

Yogita Khatri / The Block:
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30  —  - In its latest attestation report, Tether said it had a net profit of $850 million in the second quarter.



Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made "troubling and baseless claims" to hurt Twitter and its ad business (New York Times)

New York Times:
Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made “troubling and baseless claims” to hurt Twitter and its ad business  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …



Italy's AGCM says it accepted Google's proposed commitments to end a case over the company's alleged abuse of its position in the user data portability market (Elvira Pollina/Reuters)

Elvira Pollina / Reuters:
Italy's AGCM says it accepted Google's proposed commitments to end a case over the company's alleged abuse of its position in the user data portability market  —  - Regulator probed Google over alleged abuse of its position  — Company pledged to update backup service, to launch new tool



Customs data shows China's chip imports fell 22% YoY during H1 2023 and chipmaking equipment imports fell 23% YoY, suggesting US export restrictions are working (Wall Street Journal)

Wall Street Journal:
Customs data shows China's chip imports fell 22% YoY during H1 2023 and chipmaking equipment imports fell 23% YoY, suggesting US export restrictions are working  —  Washington's restrictions on sale of advanced technology to Beijing appear to be working—for now



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...