According to the Financial Times, Galois Capital, one of the largest crypto-focused quantitative funds that managed around $200mn in assets last year, has decided to close and return the remaining
EU seeks $140 billion to cope with energy crisis
On Wednesday, the European Union’s executive presented plans to raise more than 140 billion euros (£121bn) in order to address an energy crisis. This has raised the possibility of winter
EU backs off Russian gas price cap after Putin threat
Ministers from the EU agree to raid energy giants in an effort to ease household financial losses.
Europe is facing a potential “Lehman Brothers” event with energy margin calls of $1.5 trillion
European energy companies face margin calls totalling $1.5 trillion in the derivatives market. Many would need to support policy to cover them amid wild swings, and skyrocketing power and gas
A New Kind of Bank Run Reveals A $60 Billion Crypto Collapse
Terra’s coins were meant to be the future money. They relied on their confidence, which can disappear in an instant.
Market rout causes trading to halt in collapsing cryptocurrency networks
After a massive sell-off, Terra’s so-called “stablecoin” Terra’s value plummets
Why cryptocurrencies crashed – what happens next
Terra Luna caused the meltdown, but all cryptocurrency has been erased now that $300 billion has been spent
JP Morgan warns next financial crisis is coming soon
They say history never repeats but on the 10th anniversary of the 2008 Lehman Brothers collapse which froze economies and plunged the world into the worst recession on record,