Embattled crypto lender Genesis owes over $3 billion to its creditors, the Financial Times reported on Jan. 12, citing sources familiar with the matter. The lender owes $900 million to users of Gemini...
Tag: Scrambling
Adidas scrambling to sell $530 million in Yeezys after cutting ties with Ye, report says
Nearly two months after terminating its relationship with Kanye West, sportswear giant Adidas is trying to figure out how to sell $530 million worth of Yeezys, according to a report from the Financial...
America Bets On Semiconductor Development As Layoffs Leave Foreign H1B Workers Scrambling
Semiconductor production is coming to America getty Recent developments in the tech industry in the United States have raised questions about the future of skilled workers and U.S. immigration law. Ma...
Centralized exchanges are scrambling in attempts to prove their reserves
Multiple centralized crypto exchanges have indicated over the last few days that they will be offering proofs of reserves, a system through which users will be able to check the amount of funds held o...
The world’s securities law watchdog is scrambling to create ‘common standards’ for crypto
Never has the question of how securities laws should apply to cryptocurrency been more urgent. That’s the view of Lim Tuang Lee, assistant managing director, capital markets for the Singapore Monetary...
How Celsius Is Scrambling to Wind Down Its DeFi Activity
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) One of the best parts of DeFi is its transparency, and recent events in the lending market have made that abundantly cle...
APE Price Analysis: ApeCoin scrambling for support from the wider crypto market
•APE/USD is currently priced at $4.17 and has decreased by 21.40% over the past day •The trading volumes have increased by a massive 81.53% over the past day •The technical indicators suggest a hawkis...
Johnny Depp And Amber Heard’s Trial Has Stans Scrambling To Control The Narrative
Johnny Depp and Amber Heard attend a premiere for ‘Black Mass’ during the 72nd Venice Film Festival … [+] at on September 4, 2015 in Venice, Italy. (Photo by Vittorio Zunino Celotto/...
Wall Street Is Scrambling For the Exits in Moscow — and Billions Are at Stake
(Bloomberg) — For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Most Read from Bloomberg Citigroup Inc...
Why Are Tesla, Volkswagen And Nio Scrambling For Graphite?
The White House is now more desperate than ever to secure America’s supply chain of critical minerals. That includes rare earth elements and battery materials, such as lithium, cobalt, and graphite–al...
Scrambling to avert Russian default, Putin allows ruble payments to creditors
Russia and Russian companies will be allowed to pay foreign creditors in rubles, according to a decree signed by President Vladimir Putin on Saturday, as a way to stave off defaults while capital cont...