Topline Former Manhattan prosecutor Mark Pomerantz pursued a sprawling racketeering investigation against former President Donald Trump, who he likens to infamous mob boss John Gotti in a new book tha...
Tag: Writes
MicroStrategy sees fourth quarter loss after it writes down value of bitcoin holdings
MicroStrategy, the software firm better known in recent years for its bet on bitcoin, reported a net loss of $249.7 million for the fourth quarter of 2022 compared to a loss of $90 million in the same...
Messari CEO writes 2023 Crypto Theses Report
Ryan Selkis, the co-founder and CEO of Messari, recently published his 2023 Crypto Theses report where he looks at key trends and his predictions for the coming year. Selkis writes his reports on an a...
Nexo writes open letter to Vauld’s creditors, presents final proposal
Shortly after Vauld founder and CEO Darshan Bathija sent an email to the firm’s creditors yesterday saying that the potential Nexo deal has been called off, Nexo sent an open letter to VauldR...
Sam Bankman-Fried Writes to His Staff – What Did He Have to Say?
Join Our Telegram channel to stay up to date on breaking news coverage The former CEO of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, has written a letter to the exchange’s employees apo...
Ontario Teachers Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers Pension Plan (OTPP), one of the third largest investment funds in Canada, announced Friday that it would liquidate its entire position in the beleaguered crypto exchange FTX. The ...
Ontario Teachers’ Pension Plan Writes Off $95M Exposure to FTX
9 seconds ago | 2 mins read Exchange News Investments are made on behalf of 333,000 active and retired educators via the OTPP. Last Monday, FTX initiated Chapter 11 bankruptcy protection. Canada’s thi...
Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers’ Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. In a statement, the fund revealed ownership of 0.4% in FTX.com a...
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’ – Featured Bitcoin News
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conduc...
Canada’s largest pension fund writes off $95M FTX investment
Canada’s largest pension fund Ontario Teachers said it would write off its $95 million in bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the pension fund, it made t...
Australia’s Biggest Stock Exchange Shelves Blockchain Project, Writes Off $170M
Australian Securities Exchange (ASX) has shelved its seven-year-long project to ramp up the exchange’s CHESS clearing and settlement system using blockchain after an independent audit by Accenture rep...
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX – Featured Bitcoin News
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-F...
Temasek writes off $200m+ after FTX liquidates – crypto.news
Per details from sources related to the story, Temasek lost over $200 million to the FTX run down. The fund was an investment in the cryptocurrency firm weeks before it imploded. Temasek to delete $2...
Singapore’s Temasek writes off $275 million FTX investment
Crypto news about FTX continue to dominate headlines, with the latest being from Temasek, a Singaporean sovereign wealth fund that says it’s written off its entire investment in bankrupt crypto exchan...
Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried
Singapore-owned investment fund Temasek said it was writing off its $275 million investment in the bankrupt crypto exchange FTX, according to a Nov. 17 press statement. According to the fund, it had ...
Temasek writes down $275 million investment in FTX
Temasek, Singapore’s sovereign wealth fund that manages about $300 billion, has written down all of its $275 million investment in FTX and FTX US. Temasek had invested $210 million for a 1...
Paradigm writes off FTX investment; UK regulator investigating Binance on FTX’s demise
The biggest news in the cryptoverse for Nov. 15 includes UK lawmakers probing Binance over FTX collapse, on-chain sleuth ZachXBT calling out Gate.io for covering up 2018 hack, and Three Arrows Capita...
Sequoia Capital Writes Down Entire Value of Its FTX Stake
(Bloomberg) — Sequoia Capital wrote down the full value of its holdings in FTX, a signal the venture capital firm sees no clear path to recouping its investment in the embattled cryptocurrency e...
Bloomberg’s Matt Levine Writes 40,000-Word Article on Crypto
“My goal is to convince you that crypto is interesting, that it has found some new things to say about some old problems, and that even when those things are wrong, they’re wrong in illumi...
As Nascar’s Kurt Busch Writes His Final Chapter, Tyler Reddick Starts His Next One
LOUDON, NEW HAMPSHIRE – JULY 18: Tyler Reddick, driver of the #8 Cat #WeDigLandscaping Chevrolet, … [+] stands on the grid during pre-race ceremonies prior to the NASCAR Cup Series Foxwood...
EU regulator writes report on crypto risk for financial stability
The European Securities and Markets Authority has just published a report on the perceived risks to financial stability posed by crypto. The European Securities and Markets Authority (ESMA) is the Eur...
Elon Musk writes SEC to force his exit from Twitter takeover deal
Join Our Telegram channel to stay up to date on breaking news coverage The takeover of Twitter by the CEO of Tesla, Elon Musk, has taken a new dimension. In the latest development, Elon Musk has sent ...
FDIC writes FTX, and four others over misrepresentation
Five companies, their top officials, and their staff have landed in the troubled waters of the Federal Deposit Insurance Corporation (FDIC). The FDIC has warned the companies to disembark from making ...
Canadian pension fund writes off investment in Celsius
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) revealed on Wednesday that it has written off its investment in Celsius. CDPQ, which manages about CAD$392 billion ($303 billion) ...
Elon Musk Writes About a Life Enhancing Future – But It is in Magazine of China’s Internet Censor
Elon Musk, chief executive of Tesla, shares his vision for the future with a Chinese publication run by the Cyberspace Administration of China. His words were inscribed in the latest July publication ...
Canadian pension fund CDPQ Writes off $150 Million Investment in Celsius
Caisse de dépôt et placement du Québec writes off investment in Celsius Emond express his disinterest investing in crypto Caisse de dépôt et placement du Québec writes off Investment in Celsius. Canad...
Canadian Pension Fund Writes Off $150M Celsius Loss, Believes They Entered Crypto “Too Soon”
A major Canadian pension fund manager has written off a $150M investment in crypto lending platform Celsius Network as a total loss, expecting an impending shutter of the once high-flying CeFi platfor...
Canadian Pension Fund CDPQ Writes off Investment in Celsius
Canadian pension fund giant Caisse de dépôt et placement du Québec (CDPQ) has written off its investment in struggling cryptocurrency lending firm Celsius, acknowledging that the company entered the b...
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
The Canadian fund invested US$150 million in Celsius in the fall of 2021. “Blockchain technology has the potential to disrupt several sectors of the traditional economy. As digital assets grow in adop...
Canadian firm writes off $150M Celsius bet
Caisse de Depot et Placement du Québec (CDPQ), one of the largest pension fund managers in Canada, has reportedly written off the $150 million investment it put in bankrupt crypto lender Celsius Netwo...