Switzer Daily
1. Failed Australian cryptocurrency business owes investors millions
ACX was a new cryptocurrency
platform that grew on the back of bitcoin’s spectacular price surges and the
public interest it has created. ACX failed a year ago owing its 200 customers
$10 million and has copped a life ban from the peak body for cryptocurrency
businesses. As the
AFR described this area of financial speculation,
cryptocurrency is the investment world’s Wild West. If you decide to trust the
players in this very new and unproven market, you’re taking a big risk. You’ve
been warned.
2. Potential extra $15 billion of debt
Iceberg larger than New York City breaks off ice shelf in Antarctica abc7chicago.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc7chicago.com Daily Mail and Mail on Sunday newspapers.
Iceberg Larger Than New York City Breaks Off In Antarctica khits.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khits.com Daily Mail and Mail on Sunday newspapers.
WATCH: An Iceberg Bigger Than New York Has Broken Off Antarctica Near a UK Base
An iceberg bigger than New York City has broken off near a UK base in Antarctica, the Brunt Ice Shelf, as an airplane flies over the North Rift crack.
The 1270 square kilometres chunk of ice is bigger than New York and broke free in a process of calving, according to a statement from the British Antarctic Survey (BAS). This has been expected for years due to the forming of vast cracks in the 150-meter-thick floating ice shelf.
The North Rift started moving toward another large crack in November, and great a kilometre a day in January. The crack widened to several hundred metres on Friday, breaking off.