What Caused the Collapse of Silicon Valley Bank?

JPMorgan Sued Over Alleged Role In $328M Crypto Ponzi Scheme Authored by Helen Partz via CoinTelegraph.com, JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan of ignoring suspicious transactions and allowing Goliath to use its infrastructure to collect investor funds. A separate federal criminal complaint against Goliath CEO Christopher Delgado, however, says investor funds also flowed through a Bank of America account and directly into Coinbase...

"Build Geothermal At Scale": Fervo Energy Locks In 1.7 GW Turbine Supply Deal With Turboden Fervo Energy and Turboden, part of the Mitsubishi Heavy Industries Group, announced a three-year framework agreement to supply Organic Rankine Cycle (ORC) turbines for up to 35 of Fervo’s standardized 50 MW GeoBlocks. The deal totals 1.7 gigawatts of carbon-free, dispatchable baseload power, marking a major step toward scaling next-generation geothermal across the United States. The agreement builds directly on an earlier pact covering three GeoBlocks at Fervo’s Cape Station project in Utah, where Phase I...

As The Worms Turn... Authored by James Howard Kunstler, "They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney..." - Greg Gutfeld on Iran’s negotiating position The Russians have a phrase for it: negotiation-incapable (ne peregovorosposobny). That is what the Iran delegation demonstrated during a long day of talks with the US team over the weekend in Islamabad. What part of “no nukes” didn’t they understand? All of it, apparently. The corollary question on the table — arguably more pressing for Iran — was:...