BlockFi files for bankruptcy as contagion grips crypto markets
Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In the filing, the company indicated that it had more than 100,000 creditors, with liabilities and assets ranging from $1 billion to $10 billion. The […]
Chris Hani’s killer Janusz Waluś stabbed in prison two days before being freed on parole
The far-right gunman who killed South Africa’s anti-apartheid hero Chris Hani has been stabbed in prison, officials say. The stabbing of Janusz Walus comes days before he was due to be released on parole after nearly 30 years in jail. He was allegedly stabbed by another prisoner and is in a stable condition. Walus, 69, […]
ADIDAS EMPLOYEES RAISED CONCERSN ABOUT WORKING WITH KANYE WEST
The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a report from The Wall Street Journal. During a 2018 presentation to the Adidas executive board, a group of employees reportedly outlined the risks that they faced by interacting with […]
FNB SAYS ITS CUSTOMERS SPENT 3 BILLION ON BLACK FRIDAY
Banking group FNB says that its customers spent a record R3 billion on Black Friday 2022 – with most shoppers heading out to physical stores to grab deals. The bank said that this is the highest Black Friday spending it has tracked over the past four years. Over R2.4 billion was spent in-store, while R670 […]
