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BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

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Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor

Russian Central Bank Ready to Make Crypto Regulation Concessions, Hints Governor

Elvira Nabiullina. Source: a video screenshot, Банк России / YouTube Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, …

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Skanska names new finance chief

Skanska names new finance chief

Meliha Duymaz Meliha Duymaz joins Skanska UK later this year after 10 years  with Network Rail. She is currently finance director for the eastern region running from London to Scotland, its largest regional business with 10,000 employees. Before that, she was managing director for the Anglia Route. Before joining Network Rail in 2012, Meliha Duymaz …

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Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position

Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position

Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing ‘liquidity pressure’ In a recent release, the Hong Kong-based crypto lender has stated that due to the ‘condition of the current crypto market, its fluctuations, and conductive risk factors faced by some institutions,’ Babel …

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‘Dad shoes’ into cleats? That’s a Father’s Day fashion flex

‘Dad shoes’ into cleats? That’s a Father’s Day fashion flex

n”,”providerName”:”Twitter”,”providerUrl”:”https://twitter.com”,”type”:”rich”,”width”:550,”__typename”:”ExternalEmbedContent”},”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”steve-cishek-turns-dad-shoes-into-cleats-for-father-s-day”,”type”:”story”}).parts.2″:{“data”:{“type”:”id”,”generated”:true,”id”:”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”steve-cishek-turns-dad-shoes-into-cleats-for-father-s-day”,”type”:”story”}).parts.2.data”,”typename”:”ExternalEmbedContent”},”type”:”oembed”,”__typename”:”ExternalEmbed”},”$ROOT_QUERY.getForgeContentBySlug({“locale”:”en-us”,”slug”:”steve-cishek-turns-dad-shoes-into-cleats-for-father-s-day”,”type”:”story”}).parts.3″:{“content”:”“It’s amazing. It’s hilarious,” Cishek said. “I might be converted over to them here pretty soon, as a dad, because after wearing them all day, they are literally the most comfortable shoes I’ve ever worn.”nnRainey agreed.nn“I understand why guys wear them, especially older men,” Rainey said. “Don’t know that I can make it a full-time …

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Reformation is bringing sustainability to the $400 million market for concert merch

Reformation is bringing sustainability to the $400 million market for concert merch

Up until now, much of the eco conversation about how to greenify a concert tour has focused on the aspect of travel. Major musical acts from Coldplay to Billie Eilish, Radiohead, and U2 have been vocal about rejigging the order of cities they tour to lessen the carbon impact, swapping out gas guzzling tour buses …

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