News

Golden Finance July 2 – Japan’s two major airlines, ANA and JAL, will raise the fuel surcharges for international flights to historic highs during Japan’s peak travel season in July and August. Both ANA and JAL will charge 65,000 yen in fuel surcharges for European routes, which is more than double the rates set in April; the surcharges for Hawaii routes have also nearly doubled compared to April, reaching 40,400 yen.

According to ChainCatcher, citing Bitcoin News, Bitcoin mining company Ionic Digital has disclosed the completion of a $400 million private fundraising round. Financial data shows the company achieved $51.4 million in revenue in the first quarter of this year, with its digital infrastructure leasing (AI/HPC) business contributing $44 million—surpassing Bitcoin mining business revenue for the first time.

Odaily reported that Citadel Securities has filed a lawsuit in London, seeking over £6 million (approximately $7.9 million) in damages from its former Head of Systematic Market Making for Derivatives in Europe and co-founder of high-frequency crypto trading company Portofino Technologies, Leonard Lancia. Citadel Securities alleges that Leonard Lancia and his colleagues began planning the startup while still employed at the firm, and that it won an employment arbitration case, securing damages and litigation costs. Additionally, Citadel Securities filed a lawsuit against Portofino Technologies in the US in 2023, accusing them of stealing trade secrets. Leonard Lancia and Portofino Technologies have denied all accusations. The High Court in London last Friday rejected Leonard Lancia’s request to lift the asset freeze order. (Bloomberg)