Galois Capital is another hedge fund that has become one of the well-known casualties of the FTX demise. According to the Financial Times, it has chosen to shut down and repay investor funds. Last yea...
Tag: Casualty
Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into…
Paxos, the BUSD issuer, received a letter from the SEC on allegations of being unregistered security. The investigation could be a detriment on Binance’s part as NYDFS orders a stop to BUSD minting. B...
Rabbits Could Be The Next Climate Change Casualty
Rabbits in a cage. getty Climate change is already having detrimental effects on ecology and wildlife around the world, and these problems are likely to get worse in the years ahead. But there remains...
BlockFi Bankruptcy In The Latest FTX Casualty
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key takeaways Crypto platform BlockFi has filed for Chapter 11 Bankruptcy in New Jersey, citing exposure to FTX as a major...
Bear market claims another casualty
Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri...
Mining Service Provider Compute North Becomes the Latest Casualty of Market Downturn
Cryptocurrency miner Compute North files for Chapter 11 bankruptcy in Texas as the extended crypto winter puts increasing pressure on mining revenues. The Minnesota-based company owes creditors $500 m...
In The Fed’s Inflation Fight, Biotech May Be The First Casualty
Serious thought should be given to the effect the anticipated Federal Reserve 0.75% rate hike will have on the biotechnology industry and consequently on the health of the nation. Given we are in the ...
Crypto New Casualty – Hodlnaut Sacks 80% Of Personnel Due To Liquidity Distress
Troubled Crypto lender Hodlnaut has laid off 80% of its employees and filed for judicial intervention in Singapore in a bid to decrease costs and stay afloat. On Friday, Hodlnaut, which offers cryptoc...
Will Three Arrows Capital Be The Next Casualty Of This Crypto Crash?
Crypto hedge fund Three Arrows faces mass liquidation after a sharp market downturn- one that could potentially erode the firm’s holdings. Speculation over further woes for Three Arrows comes after fo...
500 Or 10,000 Deaths? Russian Media Finally Seems To Report Dire Troop Casualty Numbers—And Then Deletes Them
Topline A Russian tabloid newspaper on Monday published and subsequently deleted a report claiming nearly 10,000 Russian soldiers had died since the country first invaded Ukraine last month—a far grea...