More Long-Term Uranium Contracts? — With Justin Huhn of Uranium Insider
Returning to The Daily Dive today is Justin Huhn, founder and publisher of Uranium Insider. Justin joins us to dive into the impact of the US midterms on the uranium market, Cameco’s recent agreement with China, and changes being made by Kazatomprom. We then move the discussion to nuclear cooperation between nations, the impact of […]
Novogratz Says El Salvador’s Crypto Holdings Are On FTX; CZ Talks To President Nayib Bukele To Confirm
Galaxy Digital (TSX: GLXY) CEO Mike Novogratz claimed on Thursday morning that El Salvador’s Bitcoin holdings were all on FTX, the troubled crypto exchange firm. “I read – I don’t know if it’s true – that the El Salvadoran government’s crypto was on FTX, and they’re calling for the extradition of Sam,” Novogratz said in […]
Jefferies CEO Claims He Tried To Meet With Sam Bankman-Fried In July But Never Got A Response
Jefferies Financial Group (JFG) CEO Richard Handler says that he tried to reach out to FTX CEO Sam Bankman-Fried as early as July but never got a response. (Sidenote: the names of these guys.) Handler on Wednesday posted a thread of what he says are emails about trying to get in touch with Bankman-Fried, also […]
The Binance-FTX Feud II: CZ Claims “No Debt”, SBF Says “I F*cked Up Twice”
Binance CEO Changpeng Zhao claimed they have no debt after pulling out of the FTX acquisition; CEO Sam Bankman-Fried warns bankruptcy threat looms The crypto twitter drama that started with a feud between the chief executives of two of the biggest crypto exchanges presumably ended with a potential acquisition. But just as how quickly it […]
Romspen Stops Redemptions Altogether As Liquidity Problems Mount
Canadian real estate firm Romspen Investment Corp. has frozen redemptions on its largest fund after a number of borrowers ceased making payments. In a letter to investors, the firm said the temporary stop gap measure “run-off pool did not dampen redemption activity, and loan payoff activity remains suppressed.” “In light of these circumstances, the Trustees […]
US CPI Cools Slightly in October, Real Wages Continue to Tumble
US consumer prices remained elevated in October, albeit at a moderate pace after a drop in used car prices and a moderation in energy costs. Latest data from the BLS shows headline CPI cool from September’s annualized 8.2% to 7.7%, marking the lowest print since January 2022 and slightly below the 7.9% consensus forecast by […]
Hut 8 Mining Sees Revenues Decline For Third Straight Quarter
Hut 8 Mining (TSX: HUT) is beginning to feel the impact of the weak crypto market. The company this morning reported its third quarter financial results, posting declining revenue despite mining more bitcoin on a quarter over quarter basis. Revenues for Hut 8 declined for the third quarter in a row for the period ended […]
Liquid Meta Sees $7.5 Million In Assets Held Up At FTX
The follow-on affects of FTX halting all withdrawals are already being felt across the crypto industry. Liquid Meta (NEO: LIQD), which bills itself as a bridge between traditional finance and decentralized finance, is one of the first publicly traded firms to announce its exposure to the collapse. The company this morning revealed that it has […]
From $8 Blue Checks To Paywalls: Elon Musk’s Reported Plans For Twitter
After the brouhaha brought about by Elon Musk’s new $8 per month subscription to Twitter’s (NYSE: TWTR) blue check, the new CEO is reportedly considering adding a paywall to the social media platform. According to The Verge’s Platformer, Musk has been discovered to have explored placing the entire site behind a paywall. Paywalls are usual […]
Meetings-To-Go: Zoom Will Soon Bring Conference Calls Into Your Tesla
Zoom (NASDAQ: ZM) has officially announced that the popular video conferencing app will soon be added to Tesla vehicles, allowing in-car conference calls without the need for a mobile device. The partnership was announced by Zoom’s Group Product Manager Natasha Walia at the Zoomtopia 2022 event on Tuesday. While there was a short demonstration in […]