Articles
Posted on September 20, 2022
The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides …
Posted on September 20, 2022
The Fed just raised interest rates by another 0.75%, putting Main Street economy ‘dangerously close’ to edge of lending cliff
The Federal Reserve’s decision to raise interest rates by 0.75%, or 75 basis points, for the third-consecutive time at the Federal Open Market Committee meeting, is a step being taken to cool the economy and bring down inflation, …
Posted on September 20, 2022
What crisis? High-stakes crypto lending looks here to stay
On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan. Three Arrows had …
Posted on September 19, 2022
The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity …
Posted on September 19, 2022
From General Manager to Business Owner: Falls City Fence
Earlier this year, Wes Benninger and his wife Laura saw a life-changing dream come true. The hard-working Kentucky couple became the new owners of 70-year-old Louisville-based Falls City Fence. A business specializing in commercial and industrial fencing, gate …
Posted on September 19, 2022
NYC billboards to feature message about importance of Canada’s energy to Reconciliation
Calgary, Alberta, Sept. 20, 2022 (GLOBE NEWSWIRE) — A Canadian Indigenous leader is lending his voice to a Manhattan billboard campaign this month, hoping it will bring global understanding that the country’s energy industry is playing an …
Posted on September 19, 2022
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is …
Posted on September 19, 2022
6 Real Estate Laws You Need to Understand Before Investing
When it comes to investing in real estate, you need to be aware of many laws and regulations. These laws are in place to protect both buyers and sellers and to make sure that the transaction goes smoothly. …
Posted on September 19, 2022
Column: Dominique Robinson — from college QB to receiver and now defensive end — could be a gem for Chicago Bears
Dominique Robinson was bummed after the 2019 MAC championship game. The Miami (Ohio) RedHawks won the game, upsetting Central Michigan, but playing time was becoming increasingly inconsistent for the junior wide receiver. He figured it was time to …
Posted on September 18, 2022
Celsius files order to sell stablecoin reserves to resume operations
Cryptocurrency lending platform Celsius Network has filed an order to sell its stablecoin backlog. With the company in bankruptcy proceedings in the United States – the famous Chapter 11 –, it needs authorization to sell …