Two FTX top execs plead guilty to bankruptcy – extradited to US by Bankman-Fried

Sam Bankman-Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau Two top executives have pleaded guilty to fraud in connection with the bankruptcy of cryptocurrency exchange FTX, US Attorneys said on Wednesday. Caroline Ellison, the former head of Alameda Research, and Gary Wang, the former chief technology officer of … Read more

Founder Sam Bankman-Fried is said to have diverted $300 million out of $420 million in investor money

Sam Bankman-Fried The founder of the crypto exchange FTX is getting more and more criticism. (Foto: The Washington Post/Getty Images) New York FTX founder Sam Bankman-Fried is said to have used almost three quarters of the money that investors had pledged in a financing round in 2021 for his own purposes. The Wall Street Journal reports. … Read more

Mercedes and Tesla rely on batteries with silicon

New battery material Automakers have high hopes for silicon. San Francisco It hisses, hums and whirrs: In the laboratory of the battery specialist Sila Nanotechnologies, one huge test station is lined up after the next. In ever new experiments, dozens of researchers are optimizing different batteries to make them even more powerful. “We are making … Read more

How Ukrainian IT companies experience the war against Russia

Insight Innovation Ukrainian IT entrepreneurs are defending the country with all means. (Foto: Klawe Rzezcy, Getty Images, Imago) Düsseldorf Yuriy Kaminosvkyy holds the call list on his smartphone up to the camera: it rings every minute. He currently receives around 1,000 calls a day. In almost all of them, people ask him for help. “I only … Read more

Fighting inequality with upcycled art

Founder of Faircado Evolena de Wilde and Ali Nezamolmalek want to combine feminism, sustainability and war aid with a new campaign for International Women’s Day. (Photo: Mario Heller) Düsseldorf Climate protection and feminism are topics that have driven Evolena de Wilde since childhood. “I’ve always had this fire in me that I want to protect … Read more

Five unicorn founders invest in the software start-up

Munich The list of investors in the software company Remberg reads like a who’s who of the German start-up scene. After the latest round of financing, five founders of start-ups with a valuation in the billions belong to the group of investors, including Personio boss Hanno Renner and Celonis founder Bastian Nominacher. “It’s a reassuring … Read more

Too Good To Go saves groceries from landfill

Düsseldorf Where much food is offered, much food is left over. If you use the app of the company Too Good To Go (TGTG) to find out where meals, salads, side dishes or baked goods have remained unsold, you will find more than 1000 shops in Berlin alone that offer these leftovers for collection. “Surprise … Read more

How new technology should make construction cheaper

robotics The start-up Gropyus plans real estate on the computer and builds with robots. (Photo: Gropyus) Frankfurt Federal Building Minister Klara Geywitz from the SPD has a clear goal. “We need an alliance for affordable housing in Germany,” announced the new minister recently. The coalition agreement of the new federal government stipulates that 400,000 apartments … Read more