Genesis Creditors Lawyering Up Now Reportedly Amount To $1.8 Billion
Creditors of crypto lender Genesis who have sought legal advice on the firms near-bankruptcy currently amount for approximately $1.8 billion in loans, which is expected to grow further. Reports say a group of consumers who used cryptocurrency exchange Gemini’s Earn program, which is linked to Genesis, were due $900 million when Genesis’ loan unit froze […]
Is Uranium At The Start Of A 10-Year Bull Market? — With Anthony Milweski
Joining us on the Daily Dive today is Anthony Milewski, Chairman of Nickel 28 Capital Corp (TSXV: NKL). Anthony returns to the ‘Dive to share his thoughts on how China’s pandemic restrictions are impacting the commodities markets and the country’s role in the nickel market. We then shift to uranium and get Anthony’s outlook on […]
North Carolina County Suffers ‘Targeted’ Power Attack, May be Without Electricity for Days
Almost an entire county in North Carolina was without power over the weekend, after an alleged criminal attack targeted numerous electric substations coincidentally during a drag show that garnered attention from protestors and police. Almost 60% of Moore County was suddenly in darkness Saturday night, after local police discovered that several substations in the area […]
Florida Divests $2 Billion From BlackRock Because Of DeSantis’s ‘Anti-Woke’ Investment Rule
Florida’s Chief Financial Officer Jimmy Patronis announced last week that the state was pulling about US$2 billion in investments from asset management company BlackRock Inc (NYSE: BLK) due to the asset manager’s strengthening Environment, Social and Governance (ESG) standards. The state’s custody bank will be freezing $1.43 billion in long-term securities currently with BlackRock, and […]
Galaxy Digital Wins GK8 Auction At A 60% Discount From Celsius Bankruptcy
Galaxy Digital Holdings Ltd. (TSX: GLXY) announced Friday that it has won an auction to purchase self-custody platform GK8 from bankrupt crypto lender Celsius Network. “The acquisition of GK8 is a crucial cornerstone in our effort to create a truly full-service financial platform for digital assets, ensuring our clients will have the option to store […]
From Loyalty Points To Virtual Healthcare: How Loblaw And Galen Weston Pass The Burden To Customers
Loblaw Companies (TSE: L) President Galen Weston Jr. is trending on Twitter but probably not for the reasons he would like. Most recently, the supermarket chain Loblaws sent an email around inviting customers to donate their PC Optimum loyalty points to several partnered charities. “We’re proud of the many charitable things we do to help […]
Arctic Star Releases Caustic Fusion Results For 2022 Drill Program
Caustic fusion results are finally in for Arctic Star Exploration (TSXV: ADD) from their drill program completed earlier this year at the Sequoia Kimberlite Complex, which is part of the Diagras JV project in the Northwest Territories. The caustic fusion results come from a total of 1.65 tonnes of HQ split core, collected from a […]
Fission 3.0 To Raise $5.0 Million Via Bought Deal Financing After Recent Uranium Discovery
In what is viewed as the classic junior exploration move, Fission 3.0 Corp (TSXV: FUU) this morning announced a bought deal financing, which follows the firm releasing positive exploration results over the last two weeks. The company is looking to raise gross proceeds of $5.0 million in an offering lead by Red Cloud Securities. The […]
New Found Gold Hits 117 g/t Gold Over 2.00 Metres At Keats North
Drilling continues apace for New Found Gold (TSXV: NFG), whom this morning reported further results from its ongoing 400,000 metre drill program at the Queensway property in Newfoundland. A total of thirty six drill hole assay results were released this morning. The latest drill results come from a region north of the flagship Keats Zone, […]
Hut 8 Sees Bitcoin Production Fall 20% In November Following North Bay Facility Dispute
Hut 8 Mining (TSX: HUT) has seen its bitcoin production fall significantly for the month of November. The decline comes as a result of its North Bay, Ontario facility seeing operations halted due to a squabble with the facilities power provider. Bitcoin production during the month of November totaled 238 bitcoin, or approximately 7.9 BTC […]