The decentralized finance (DeFi) project SafeMoon has officially filed for Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” with the United States Bankruptcy Court in the District of Utah. The development follows a period of turmoil within the company that has spanned several months. The voluntary petition was filed by …
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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With President Nayib Bukele’s re-election date less than three months away, …
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The Marvels‘ disappointing start at the North American box office over the weekend — $47 million, a record low for a Marvel Studios release — is adding to analysts’ concerns that superhero fatigue is an urgent and growing problem for the major studios. But in China, filmgoers have been snubbing America’s …
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UPDATE, 11:57 a.m. PT: The Republican leadership chaos continues, as a plan to designate a temporary speaker has been sidelined and Rep. Jim Jordan (R-OH) made plans for another floor vote. Jordan, who has failed in two votes to become speaker, earlier today embraced a plan in which a resolution …
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Artwork faculty trainer Sagar Kambli offers closing touches to a portray of Indian businessman Gautam Adani (L) highlighting the continuing disaster of the Adani group in Mumbai on February 3, 2023. Indranil Mukherjee | Afp | Getty Pictures Shares of most Adani Group corporations fell additional on Monday, persevering with …
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Shares of Adani Group’s firms have misplaced virtually $45 billion in market worth in lower than two classes, as a selloff sparked by US quick vendor Hindenburg Analysis’s scathing report deepened on Friday.The rout is placing strain on billionaire Gautam Adani, Asia’s richest man, because it erodes his web price …
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CNN — The FBI search of President Joe Biden’s home and discovery of more classified material deepened the seriousness of his secret documents controversy and worsened the political fallout. Biden’s lawyers argued that Friday’s search underscored his cooperation with a special counsel’s investigation – implicitly distinguishing him from the behavior …
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Minneapolis CNN — After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary measures” to keep paying the government’s bills. A default could be catastrophic, causing “irreparable harm to the US economy, the livelihoods of all Americans and global financial stability,” Treasury Secretary …
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Genesis Global Holdco, the parent company of embattled cryptocurrency lender Genesis Global Capital, has filed for Chapter 11 bankruptcy protection, becoming the latest firm to cave in to pressure in the wake of FTX’s precipitous decline. Thursday, the company filed for bankruptcy protection in the Southern District of New York, according …
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Cairo, Egypt – The Egyptian economy is struggling. The national currency has lost nearly half its value in less than a year, reaching a historic low of 32 Egyptian pounds to the dollar last week, before bouncing back slightly. Annual inflation has soared to more than 20 percent and grocery …
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Comment on this story Comment PORT-AU-PRINCE, Haiti — Haiti awoke Tuesday stripped of its last democratically elected institution — this time, its Senate — an alarming development that solidifies what some call a de facto dictatorship nominally in charge of a country wracked by gang violence. While only 10 senators …
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WASHINGTON: The deeply-riven US Home of Representatives was engulfed in disaster for a second day operating on Wednesday (Jan 4) as contemporary rounds of voting failed to supply a winner within the race for speaker. Conservative hardliners have been blocking institution decide Kevin McCarthy in a humiliating string of ballots that …
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