US crypto exchange Kraken freezes accounts owned by FTX and Alameda after talking to law enforcement

Kraken has frozen all accounts associated with FTX, Alameda and its execs. Silas Stein/picture alliance via Getty Images) Crypto exchange Kraken has frozen accounts owned by FTX and Alameda Research to protect creditors.  Kraken said it took the move after speaking to law enforcement about the handful of accounts. Bahamas police are investigating FTX, which…

Elon Musk is bracing for a painful US recession – and fears the Fed’s interest-rate hikes will worsen the downturn

Elon Musk. 60 Minutes Elon Musk warned the US economy faces a deep recession that could last a year or two. His companies faced immense challenges during the dot-com crash and financial crisis, he said. Musk has endorsed Cathie Wood and Jeremy Siegel’s criticisms of the Fed’s interest-rate hikes. The US economy is barreling towards…

2 women stopped binge eating after an implant started zapping their brains with electricity, a small study found

A burger is seen in a restaurant. Burgers are common in food cravings. Oscar Wong/Getty images A brain implant reduced two patients’ binge eating for at least six months.  The two women said their behavior towards food changed almost without thinking about it.  More research is needed, but these early results are promising, a study…

‘Big Short’ author Michael Lewis has been interviewing and traveling with Sam Bankman-Fried for 6 months for an upcoming book on FTX’s founder: report

Michael Lewis. Reuters/ Lucas Jackson Author Michael Lewis has spent the last six months embedded with Sam Bankman-Fried for an upcoming book, the Ankler reported.  The email, sent by an agent from the Creative Artists Agency, said Lewis hasn’t begun writing yet but “the story has become too big for us to wait.” Lewis likened…