(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve Chair Jerome Powell will have a chance ...
Tag: hole
Stock Market Investing Action Plan: Jackson Hole, Nvidia, Toll Brothers, Chip Stocks
The Nasdaq undercut its short-term 10-day moving average for the first time since late July, while the Dow industrials gave up support at the 200-day level. But the Nasdaq’s first weekly drop si...
By The Numbers: The $1.2 Billion Hole In Celsius’ Balance Sheet
Celsius Network had its first limited withdrawals back on June 13th, and it had taken about one month from that point for the company to finally come forward and file for bankruptcy. It put an end to ...
Celsius reveals $1.2 billion hole and floats bitcoin mining fix during first day of bankruptcy trial
Embattled crypto lender Celsius Network played up the value of its bitcoin mining business in a first day hearing for its bankruptcy proceedings in a New York court on Monday. Celsius revealed in a pr...
Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Celsius Bankruptcy Filing Shows $1.2 Billion Hole in Its Balance Sheet
The Celsius Chapter 11 bankruptcy filing confirms its liabilities outweigh its assets by $1.2 billion. The filing shows that the company owes clients and creditors $5.5 billion. But its assets, even a...
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
Celsius Network has filed for Chapter 11 bankruptcy protection in the Southern District of New York, and in the process lifted the lid on a mammoth $1.2 billion hole in its finances. According to the ...
Celsius Faces Heat for $1.2B Balance Sheet Hole, Customers Owed $4.7B
Celsius has $5.5 billion in liabilities and $4.3 billion in assets, a filing from Thursday shows It has 23,000 loans to retail borrowers in the amount of $411 million A new filing from Celsius lays ou...
Celsius Has $1.2 Billion Hole in Balance Sheet, CEO Reveals
Alex Dovbnya Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection Celsius CEO Alex Mashinsky has admitted that the company had a $1.2 billion hole in its balance sheet gap,...
Celsius Acknowledges $1.2B Hole in Balance Sheet
The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius holds $4.3 billion of assets and $5.5 billion of liabilities. In its list of assets,...
Stranger Things 4’s Biggest Plot Hole Is Driving Me Crazy
Stranger Things 4 Credit: Netflix I know I’ve been picking on Stranger Things a lot for the past few days, but that’s only because I genuinely do love this show and its characters. It just also happen...
Launch Your Summer At The Newly Renovated Four Seasons Resort Jackson Hole
Four Seasons Resort and Residences Jackson Hole has long been the epitome of Wyoming mountain luxury, and the property has just unveiled a complete renovation of its rooms and suites, right on time fo...
Washington Commanders Risk Early 2022 Hole Without Chase Young
DENVER, CO – OCTOBER 31: Defensive end Chase Young #99 of the Washington Football Team defends on … [+] the field during the second half against the Denver Broncos at Empower Field at Mile...
The Crypto Black Hole Paradox, Centralized Crypto Cancer » NullTX
The crypto world is no stranger to market manipulation. In fact, it’s something that happens on a regular basis. The most recent example is the story of BitConnect, which promised guaranteed returns o...
Brandon Woodruff’s Sprained Ankle Leaves Another Hole In The Milwaukee Brewers’ Starting Rotation
ST. LOUIS, MO – MAY 27: Brandon Woodruff #53 of the Milwaukee Brewers walks to the dugout as he … [+] leaves the game during the fifth inning against the St. Louis Cardinals at Busch Stadi...
Can Tron Fill The Hole In DeFi Left By Terra?
Tron (TRX) token has come out as the top gainer among major cryptocurrencies in May. The blockchain appears to be among the few that stood their ground amid the massive market crash last week. The TRX...
El Salvador’s Bitcoin Bet Is Down Bad: $37 Million in the Hole
El Salvador’s Bitcoin bet doesn’t appear to be paying off. The value of the 2,301 Bitcoin purchased by the Latin American country has now fallen by $37 million as the price of Bitcoin drop...
Disney’s ‘Obi-Wan’ Is Set To Resolve A Lingering ‘Star Wars’ Plot Hole
Obi-Wan, played by Ewan McGregor. Disney/Lucasfilm Obi-Wan, the hotly anticipated Star Wars spin-off series due to appear on Disney+ on May 27, is going to have to grapple with an old, stubborn plot h...
How Chris Dixon’s Dive Down The Crypto Rabbit Hole Made Him The World’s Top Venture Capitalist
The Andreessen Horowitz partner is the new no. 1 on Forbes’ 21st annual Midas List of top venture investors, thanks to savvy bets on tokens, NFTs and cryptocurrency exchange Coinbase. In fact, a dozen...
With Jansen Gone, Dodgers Plug Bullpen Hole With Craig Kimbrel
Craig Kimbrel, most recently with the White Sox, has returned to the National League in a deal with … [+] the Dodgers. (Photo by Ron Vesely/Getty Images) Getty Images It’s no April Fool’s Day jo...
Making High-Altitude Wine at Jackson Hole Winery
The Grand Teton Mountains Near Jackson Hole Wyoming getty Anthony Schroth grew up in Jackson Hole, Wyoming, spending his free time skiing and snowmobiling in the winter, and hiking and river rafting i...
Square Peg Meets Round Hole
A man walks by a banner for Squarespace at the New York Stock Exchange, Wednesday, May 19, 2021. The … [+] New York-based website-creation platform begins trading with a direct listing at the ex...
RichQUACK’s Hyper-Deflationary Token Combats Inflation Through Black Hole and Staking
RichQUACK, a hyper-deflationary token backed by a community of more than 205,000 on Twitter and 57,000 on Telegram, combats inflation through a deflationary token with a built-in 12 percent transactio...
Lizzo Goes Down A Tech-Enabled ‘Rabbit Hole’ In New Campaign For Logitech
Lizzo stars in a new campaign for Logitech. Logitech In a video featuring her brand new single, Grammy Award-winning rapper, singer and flutist Lizzo works at a computer clad in yellow, matching her e...
Opinion: Thankfully, the Fed has decided to stop digging, but it has a lot of work to do before it gets us out of hole we’re in
NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the...
Public pension hole now $11,000 per U.S. worker
Top state and local pension funds lost $250 billion on the markets during the month of June and are down more than $600 billion for the year, according to a new study. The 100 biggest public sector pe...