Crypto lending platforms like Celsius, Anchor, and Voyager Digital rose to prominence for offering almost unbelievable returns of up to 20% annually on customer deposits. Now, much of that crypto cash is trapped, as plunging token prices force platforms to temporarily suspend or limit withdrawals. In the wake of its own solvency crisis, Celsius —
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WASHINGTON — L3Harris is making a strategic investment in laser communications company Mynaric with plans to make increased use of that technology for space and other applications. The companies announced July 5 that L3Harris will invest 11.2 million euros ($11.4 million) into Mynaric, taking a 7.2% stake in the Munich-based company. L3Harris, which uses Mynaric’s
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Jonathan Park is an MD-PhD student at Yale University in Newhaven, Connecticut.Credit: Jonathan Park Jonathan I could feel the tension setting in. I had just pressed Send on a flurry of e-mails to my advisers in which I’d included lines such as “I was hoping to meet ASAP to discuss potentially changing mentors and graduate
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WASHINGTON — Norwegian company Kongsberg Defence & Aerospace will acquire a majority stake in NanoAvionics in a deal that values the smallsat manufacturer at 65 million euros ($67 million). Under the terms of the agreement announced July 5, Kongsberg will acquire 77% of NanoAvionics, with the management of NanoAvionics holding the other 23%. AST SpaceMobile,
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Mohammad Sanusi Barkindo, secretary general of the Organization of Petroleum Exporting Countries. Aaron M. Sprecher | Bloomberg | Getty Images Mohammad Barkindo, a Nigerian politician and the secretary general of oil group OPEC, has died at the age of 63. The head of Nigeria’s National Petroleum Corporation, Mele Kyari, announced the news in a tweet Wednesday, which was confirmed by two sources at OPEC. “We lost our esteemed Dr Muhammad Sanusi Barkindo,” a tweet early Wednesday morning from his verified Twitter handle read. “He died at about
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Russia says it stands ready to supply gas to Europe, describing ongoing disruption concerns as a “man-made crisis” created by Europe. Bloomberg | Bloomberg | Getty Images Russia is poised to temporarily shut down the Nord Stream 1 pipeline — the European Union’s biggest piece of gas import infrastructure — for annual maintenance. The works
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