Articles
Posted on November 15, 2022
FTX fallout hits crypto lender Genesis; Bankman-Fried, celebs sued
Major crypto player Genesis Global Capital suspended customer redemptions in its lending business on Wednesday, citing the sudden failure of crypto exchange FTX, while court papers showed FTX founder Sam Bankman-Fried faces legal action. FTX filed for bankruptcy …
Posted on November 15, 2022
New opportunities, new risks: Now is the time to invest in alternative lending
A radical shift is underway as small and medium-sized enterprises (SMEs) – often referred to as the backbone of the economy – are increasingly moving beyond traditional bank financing to innovative services, such as crowd and peer-to-peer marketplace …
Posted on November 15, 2022
FTX Collapse Slaps the Winklevoss Brothers
‘Disappointed’ Genesis Stops Customer Withdrawals FTX Practices Cryptocurrency brokerages Gemini and Genesis are reassuring people that their operations are still solvent after the massive collapse of exchange FTX. The insolvency of FTX could result in more companies in …
Posted on November 15, 2022
: House prices will fall in 2023, but affordability will be at its worst since 1985, says Capital Economics
Home prices will fall next year by 8%, as mortgage rates and a recession will continue to hurt affordability, a new report says. The report by Capital Economics, published this month, which outlines its outlook for housing over …
Posted on November 15, 2022
Defining Trust Down
In a famous 1993 article, the late US Senator Daniel Patrick Moynihan lamented that behaviors once considered aberrant, such as unwed parenthood, were being normalized. He called this process “defining deviancy down.” (A more recent example might be …
Posted on November 15, 2022
Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’
FTX CEO tells of “complete failure of corporate controls” Bid liquidity offers $13,500 support Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses. Bitcoin (BTC) ranged around $16,500 on Nov. 17 as …
Posted on November 15, 2022
Possible Causes for Rejection and Your Alternatives
Appraised Value Too Low… Inadequate Funds… Insufficient Income… Too Many Debts… Unsatisfactory Credit History… The joys and anticipation of owning a new home are sometimes crushed when the application for mortgage financing is turned down by the …
Posted on November 15, 2022
Genesis X Convertible concept: Dope or nope?
Light strips Genesis X Convertible designer Electrek’s Take After the release of the Genesis Concept X Speedium, Genesis has unveiled a totally new vehicle, concisely named the Genesis X Convertible. Genesis was keen to observe the reaction of …
Posted on November 15, 2022
Why giving the Commerce Commission the power to set ‘fair’ fuel prices is unfair on NZ’s climate targets
Fuel should be less affordable The problem with price caps Short-term relief over long-term goals The government announcement that the Commerce Commission will soon have the power to regulate wholesale petrol and diesel prices might be good news …
Posted on November 15, 2022
New Zealand scored C+ for physical activity in children and teens – what’s driving this and what can be done?
A dismal D for active transport Addressing inequities for adolescents C+ – that’s Aotearoa New Zealand’s overall grade in the most comprehensive global assessment of physical activity in children and adolescents. Even more worryingly, the 57 participating countries …