Has Commercial Real Estate Bottomed In New York?
Few industries have been hit by the fallout from the COVID pandemic more than the commercial real estate industry. In general, workers were first ordered to stay away from the office for perhaps the first two years of the crisis, roughly from the spring of 2020 through the spring of 2022, and the same workers have […]
Bell Media Bloodletting Shows CRTC Who’s Really In Charge
The last time Bell Media was featured in this column, we were ridiculing Ethan Faber, the News Director at CTV Vancouver. Faber had just published an open letter about his newsroom being resolute and fearless in the face of anti-vax cranks who had yelled up at him from the sidewalk eleven months earlier. Today, that […]
Prime Trust To Be Put Into Receivership, Disclosed To Have Lost Access To Legacy Wallets
In response to a cease and desist order, Nevada’s Financial Institutions Division (FID) has taken further action against crypto custodian Prime Trust, seeking the appointment of a receiver. The move comes as Prime Trust’s financial condition has significantly deteriorated, leading to concerns about customer funds and the overall stability of the cryptocurrency market. In a […]
Total Helium: Expanded Production At The Pinta South Project
Today we sit down with Robert Price, CEO of Total Helium (TSXV: TOH). Price joins us today to dive into the impact of the helium shortage, and the current forecast for the helium market.
Binance Suspected To Be Aiding Money Laundering, Tax Evasion Activities In Ireland And Malta
European Union authorities have flagged Binance’s operations in Ireland and Malta, expressing concerns about potential illicit activities such as money laundering and tax evasion. Investigators suspect Binance of obfuscating its accounts and operations across various EU jurisdictions, commingling funds from different countries to evade scrutiny from regulators and tax authorities, as Protos reported. These concerns […]
Three Arrows Capital Founders Face $1.3 Billion Lawsuit over Hedge Fund Collapse
Liquidators at Three Arrows Capital, a bankrupt cryptocurrency hedge fund, are intensifying their efforts to recover $1.3 billion from the co-founders, Su Zhu and Kyle Davies. The amount sought reflects the losses allegedly incurred by the founders prior to the collapse of the firm. The liquidators discussed the allegations against Zhu and Davies during a […]
Study: Google Violated Own Standards In 80% Of Ads, Stands To Lose Billions In Refunds
Google’s video ad practices have been exposed in a groundbreaking study, uncovering alarming breaches of promised standards and casting doubt on the transparency of the tech giant’s online advertising business. The study conducted by Adalytics, a renowned brand analysis firm, has found that Google violated its own standards nearly 80% of the time when placing […]
Postmedia In Merger Discussions with Toronto Star Owner, Considers Debt-to-Equity Swap
In response to unusual trading activity, Postmedia Network Canada has officially confirmed that it is engaged in non-binding discussions with Nordstar Capital regarding a potential merger transaction. Nordstar, the owner of Metroland Media Group and the Toronto Star, is considering combining its assets with Postmedia and certain operational assets of the Toronto Star. The proposed […]
MicroStrategy Purchases Over 12,000 Bitcoin
MicroStrategy (NASDAQ: MSTR) evidently remains on the bid for bitcoin, revealing this morning it has made further purchases of the flagship cryptocurrency. The company continues to turn interest in its equity from investors into that of Bitcoin, with the company reporting this morning that it has raised $333.7 million through an at-the-market offering conducted through […]
CGX Energy Reports 210 Feet Of Hydrocarbon Bearing Sands In Santonian Horizon
CGX Energy (TSXV: OYL) has seen its joint venture with Frontera Energy (TSX: FEC) hit oil. The discovery was made at the firms Corentyne block, found offshore Guyana, where the duo conducted an exploratory well 200 kilometres off the coast of Georgetown. Oil was discovered following the completion of drilling of the Wei-1 well, which […]