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FTX founder Sam Bankman-Fried facing up to 155 years in jail after new fraud charges announced
FTX founder Sam Bankman-Fried faced new fraud charges on Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy “saviour of the cryptocurrency industry”. New charges, including securities fraud and conspiracy fraud counts, were unveiled with the unsealing of the refreshed indictment in Manhattan…
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Cashless society? Not in Switzerland where people will vote on keeping banknotes and coins forever
Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, after collecting enough signatures on Monday to trigger a popular vote on the issue. The Free Switzerland Movement (FBS) says cash is playing a shrinking role in many economies, as electronic payments become the default for…
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What is quantum computing and how will quantum computers change the world?
Depending on who you ask, some say that quantum computers could either break the Internet, rendering pretty much every data security protocol obsolete, or allow us to compute our way out of the climate crisis. These hyper-powerful devices, an emerging technology that exploits the properties of quantum mechanics, are much buzzed about. Only last month,…
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EVs explained: How do electric cars actually work and are they really better than traditional cars?
We’ve all heard of Elon Musk, the somewhat eccentric, technology-loving businessman. The billionaire has recently made headlines over his ongoing Twitter takeover bid but the main reason he came to our attention in the first place was by putting electric vehicles back on the map with his company Tesla. Sales of electric vehicles reached an…
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Inflation explained: What is it, what causes it and how do we deal with it now?
In July, inflation in the eurozone reached an all-time high of 8.9 per cent. That’s four times higher than the same period last year when it was at 2.2 per cent. All over Europe, the effects of rising inflation are already being felt as food and petrol prices soar. The COVID-19 pandemic and the war in…
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DeFi explained: What is decentralised finance and could it be a death sentence for banks?
DeFi, short for decentralised finance, is another buzzword that has entered our lexicon, joining the likes of Bitcoin, cryptocurrency, NFTs, blockchain and the metaverse. So, what is it? Today, most of the financial transactions in the economy are digital. We’re still using banknotes and coins on occasions but it’s marginal. It’s a logical step that…
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Psychobiotics: How eating more fibre and fermented foods can reduce your stress
To begin to understand the link between the gut and the brain, all you have to do is look at the English language, according to Irish neurologist John Cryan. “We use phrases like gut feelings, gut instincts, we have butterflies in our tummies when we’re nervous,” Cryan told Euronews Next. “So perhaps there’s an underlying…
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How harnassing your body clock can make drugs and vaccines more effective
Did you know that the time of day you take medication, get a vaccine, or receive healthcare treatment could have a dramatic effect on its efficiency? It’s all to do with your internal body clock, or your “circadian rhythms” as they are known in science. Your circadian rhythms are what help your body adapt to…
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‘Quantum computers have their flaws and won’t solve everything. But they’re still revolutionary’
The potential of quantum computing has been hailed as revolutionary, able to change the way everything in our world works by finding solutions exponentially faster than today’s most powerful supercomputers. But as executives calculate the potential revenues that quantum could generate and journalists scramble to find simple ways to explain the complex processes behind it,…
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How putting vulnerable communities first can lead to better urban design
What’s the most important thing when designing an urban space? According to Meriem Chabani, it’s asking the right questions. “The first thing we need to take into account is the need,” said the French-Algerian architect and urban planner. “If we do not understand very specifically what we are trying to achieve, we are certain to…
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