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New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed

New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names UnsealedAmid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should be made aware of the creditors’ information, as the publications […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres

FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 AcresAfter discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into the Ohio-based firm 80 Acres, a company that specializes in […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in DecemberAccording to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

Report: Equitiesfirst Named as ​​Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender

Report: Equitiesfirst Named as ​​Mystery Debtor to Celsius, 9 Million Owed to Crypto LenderEver since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT FeatureMeta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could yet change.” Meta and Instagram Are Reportedly Experimenting With NFT Tech A report […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in FebruaryAccording to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital currency (CBDC) rollout. Chinese Government Pushes […]

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1