Lifeboat Foundation

In the first court hearing for the bankruptcy case on Tuesday, a lawyer for the company gave a damning verdict of FTX and its leadership, saying the company was run as the “personal fiefdom” of Bankman-Fried.

Binance said the vehicle “is not an investment fund” and is intended to support companies and projects that, “through no fault of their own, are facing significant, short term, financial difficulties.” Zhao has said previously it is his intention to prevent further “cascading contagion effects” stemming from FTX’s collapse.

Binance said it anticipates the program will last around six months. It is accepting applications from investors to contribute additional funds.

SharkBot Android banking fraud malware has resurfaced on the official Google Play Store and pretends to be a file manager app.

A researcher at the University of Houston College of Pharmacy is reporting an effective protocol for reprogramming human heart cells into specialized cells that conduct electricity throughout the heart to enable rhythmic heartbeat and repair diseased hearts. Bradley McConnell, professor of pharmacology, is the first to demonstrate the process and is reporting it in iScience.

It could be a massive breakthrough.

Currently, there are no treatments for cardiac cell death, the underlying basis of cardiovascular disease (CVD), which remains the leading cause of death globally. By 2035, CVD prevalence is expected to increase to 45.1% (more than 130 million people) in the U.S. while the financial cost is projected to increase by more than $131 million over the next two decades, reaching an astounding $1.1 trillion.

Tesla (NASDAQ: TSLA) may be slowly making its way toward Ark Invest’s Golden Goose scenario, which involves a $22,000 price target pre-split.

At the beginning of 2020, ARK Invest released its updated TSLA valuation based on new research it had collected at the time. ARK analysts described ten difference scenarios Tesla could take leading up to 2024 and gave each one a price target.

Tesla seems to be on track to hit the scenario ARK Invest labeled “The High Functioning EV Company” which has a price target of $3,400. Keep in mind that ARK released these estimates before Tesla announced the stock split. In this scenario, Tesla manages to lower costs and build factories efficiently, but doesn’t launch its autonomous network.

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Scientists at Northwestern University say they may have found a breakthrough treatment for reversing paralysis in humans after successfully administering a new injectable therapy in mice.

#News #Reuters #Science #U.S. #Spine.

Continue reading “Scientists reverse paralysis in mice, seek human trials” »

That is the claim of Ron Baron, who invested 6.7 billion in Tesla.

Baron Capital one of the largest and well respected of all the financial firms, held a live event for investors this year. This was the first live event for the firm since 2019, and it was held at the Metropolitan Opera House in New York City. The main guest was Elon Musk, CEO of Tesla. The focus was Tesla will become the most profitable company in the world.

There were 5,000 investors present at the event, and they all had a chance to hear where the Tesla CEO thinks the company is going in the future.

Continue reading “Tesla is the most profitable company on the planet, says Baron Capital” »

Google has removed two new malicious dropper apps that have been detected on the Play Store for Android, one of which posed as a lifestyle app and was caught distributing the Xenomorph banking malware.

“Xenomorph is a trojan that steals credentials from banking applications on users’ devices,” Zscaler ThreatLabz researchers Himanshu Sharma and Viral Gandhi said in an analysis published Thursday.

“It is also capable of intercepting users’ SMS messages and notifications, enabling it to steal one-time passwords and multi-factor authentication requests.”

Longevity is not yet considered an official medical term, and aging is not officially considered a disease but a natural occurrence in every living thing.

However, some biologists, researchers and practicing doctors believe this approach should change, and they are striving to discover the mechanisms of aging in humans. In doing so, they are creating age clocks by defining biomarkers for measuring biological age, exploring the best lifestyle habits and natural supplements, and inventing new drugs that could stop us from getting older.

Longevity has been on the radar of crypto leaders for some time already, which is not a surprise given that the industry promises to improve humankind through innovation. Indeed, one prominent event in the longevity industry, the Longevity Investors Conference, is organized by Marc P. Bernegger and Tobias Reichmuth, who were previously involved with the Crypto Finance Group.

The embattled company finally declares its insolvency.

The head of the FTX cryptocurrency platform Sam Bankman-Fried has officially declared the company bankrupt and resigned from his position in a statement. FTX in a not-surprising move has finally declared its insolvency. After a long stretch of financial difficulties, after having saved many other cryptocurrency companies.

The company had been doling out Bitcoin at a rapid rate and found itself in trouble earlier this year. The head of the company, Sam Bankman-Fried had made headlines by saying he would give away his billions to help other cryptocurrency companies.

Continue reading “FTX cryptocurrency platform goes bankrupt and Bankman-Fried resigns” »