By Nelson Renteria
SAN SALVADOR (Reuters) - El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices.
The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins.
The new additions, 473.5 bitcoins... (continue reading...)
(Reuters) - Embattled regional lender New York Community Bancorp said on Tuesday it has agreed to sell about $5 billion in mortgage warehouse loans to JPMorgan Chase.
The deal bolsters NYCB's liquidity and capital as it executes a crucial turnaround to return to profitability over the next two years.
NYCB expects the transaction will add 65 basis points to its CET1 capital ratio and bolster its liquidity profile as the proceeds of the... (continue reading...)
(Reuters) -OpenAI co-founder Ilya Sutskever said on Tuesday he is leaving the ChatGPT maker.
"After almost a decade, I have made the decision to leave OpenAI," he said in a post on X.
Sam Altman, CEO of the Microsoft-backed company said Jakub Pachocki will be the company's new chief scientist.
Pachocki has previously served as OpenAI's director of research and led the development of GPT-4 and OpenAI Five.
... (continue reading...)WASHINGTON (Reuters) - The U.S. State Department has moved a $1 billion package of weapons aid for Israel into the congressional review process, two U.S. officials said on Tuesday.
The latest weapons package includes tank rounds, mortars and armored tactical vehicles, one of the officials told Reuters.
The chairmen and ranking members of the Senate Foreign Relations and the House Foreign Affairs committees review major foreign weapons... (continue reading...)
MOUNTAIN VIEW, California (Reuters) -Alphabet's YouTube on Tuesday said it will comply with a Hong Kong court decision and block access to 32 video links deemed to be prohibited content.
The action follows a government application granted by Hong Kong's Court of Appeal requesting the ban of a protest anthem called "Glory to Hong Kong."
YouTube said it will geoblock the videos, which the injunction deemed to be "prohibited publications," for... (continue reading...)
More Reuters
View Older Stories-
Three Libyan fighters killed in clashes with smugglers near border with Algeria
-
Chinese firms make headway in producing high bandwidth memory for AI chipsets
-
Digital bank Chime debuts advance wage product ahead of anticipated IPO
-
North Korean leader oversees tactical missile weapons system, KCNA says
-
Canada's oil sands hub threatened by wildfire, sparking large evacuations
-
Video of rebel commander Marquez is real-Colombia government
-
US says Boeing breached 2021 737 MAX criminal prosecution deal
-
US banking regulators announce July 19 public meeting on Capital One-Discover deal
-
EV startup Canoo posts larger-than-expected loss in first quarter
-
Defying West, Russia's Putin due to meet Xi Jinping in Beijing
-
Morning Bid: Markets buoyant, but wary of CPI, tariffs
-
Biden would veto Israel assistance bill if it passes
-
MSCI publishes quarterly index changes
-
Brazil's JBS earns nearly $320 million in Q1, beating analysts expectations
-
Honda moves to cut China workforce with 1,700 voluntary layoffs, Nikkei reports
-
Elon Musk ordered to testify again in US SEC probe of Twitter takeover
-
US makers of masks and gloves get lifeline: higher tariffs on Chinese-made products
-
3M shareholders vote down executives' pay packages in annual meeting
-
Exclusive-French, Dutch seek EU sanctions on financial institutions helping Russia military
-
Gayle King, Kate Upton model for 60th Sports Illustrated swimsuit issue
-
Asia's extreme April heat worsened by climate change, scientists say
-
Ukrainian military moves troops in Kharkiv region in response to Russian fire
-
Harvard pro-Palestinian students end encampment but vow continued protest
-
Ship that hit Maryland bridge had lost power several times, investigators say
-
Trump's former lawyer Giuliani stumbles in bid to appeal defamation ruling
-
Analysis-Biden's new China tariff wall faces leakage via Mexico, Vietnam
-
US appeals court upholds biofuel blending mandates for 2020-2022
-
Meryl Streep honoured in emotional ceremony as Cannes opens
-
Indigenous group to take fight against Arizona copper mine to Supreme Court
-
Portugal to build new airport across the river from Lisbon
-
Exclusive-North Korea laundered $147.5 million in stolen crypto in March, say UN experts
-
Putin signs decrees appointing government ministers
-
Canadian town threatened by wildfire likely to avoid direct hit
-
Blinken, guitar in hand, tells Ukraine to keep 'rockin' in the free world'
-
Islamic State claims attack on army post in northern Iraq
-
US FDIC's Gruenberg to create office to address workplace conduct issues
-
Small US businesses fear TikTok ban after it turbocharged sales
-
TikTok creators file suit to block US divestment or ban law
-
US agency settles probes into America Movil undersea cable system
-
Powell: Very strong support in Congress for an independent Fed
-
BYD to nail down Mexico plant site by year-end, Americas head says
-
Explainer-Canada wildfire season is starting: Here's what to know
-
Summer 2023 was the hottest in 2,000 years, study says
-
US lawmakers urge mediation board to help flight attendants reach labor deals
-
White House's Sullivan to travel to Saudi Arabia and Israel
-
Paramount shares fall after CNBC reports Sony rethinking its bid
-
Biden hikes US tariffs on Chinese imports
-
Michael Schumacher's watches fetch 4 million Swiss francs at auction
-
French central bank sees "slight" second quarter growth
-
Ireland to slash payments to Ukrainian refugees in state accommodation