# CoinShares reports .7M loss tied to Terra implosion

# CoinShares reports $21.7M loss tied to Terra implosion

” CoinShares reports $21.7M loss tied to Terra implosion “ On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year’s quarter, the firm’s revenue declined from 19.6 million pounds ($23.89 million) to 14.2 million pounds ($17.31 million). At the same time, its net income fell from 26.6…

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#David Einhorn’s Greenlight Capital takes stake in Twitter

#David Einhorn’s Greenlight Capital takes stake in Twitter

“David Einhorn’s Greenlight Capital takes stake in Twitter” Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepreneur said he has changed his mind about the deal. Greenlight founder David Einhorn wrote to investors…

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# CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm

# CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm

” CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm “ On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE explained: “This was primarily due…

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# Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

# Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

” Democratic senators chide Fidelity Investments for BTC-exposed retirement funds “ Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote. Democrats Dick Durbin, Elizabeth Warren and Tina…

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