Bitcoin has plummeted 71% from its all-time high this year - creating a crypto liquidity crisis.Marco Bello/Getty Images
Crypto hedge fund Three Arrows Capital filed for bankruptcy Friday, intensifying concerns about stability.
3AC is the latest company to collapse in a liquidity crisis spurred by the crypto crash this year.
Here are the high-profile crypto lending platforms and exchanges struggling with the impact.
Troubled crypto hedge fund Three Arrows Capital has filed for bankruptcy in the
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-
Crypto hedge fund Three Arrows Capital has filed for bankruptcy. Here's the latest on the companies hit by the liquidity crunch.
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What will happen to the monarchy when King Charles dies?
Operation Menai Bridge is code for the plans related to King Charles' death. Though details about the plan are tightly guarded, his passing will trigger immediate changes in both the monarchy and the UK. Here's what will happen.Read the original article on Business Insider -
How to watch Them: The Scare – Stream the new season now
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreDeborah Ayorinde stars in "Them: The Scare" from Prime Video.Quantrell Colbert/Prime VideoThe new season of Them, titled Them: The Scare, has finally hit streaming. We'll show you everything you need to know about the series, from how to watch Them: The Scare to how to catch up on Them: Covenant.Premiering three years after the first season, Them: The Scare takes viewers out of the 1950s and into 1991. T -
The stark contrast between Meta and Tesla earnings reactions reveals the uncanny power of Musk's promises
Elon Musk.Slaven Vlasic/Getty ImagesThe rules are always a little different for Elon Musk.The Tesla CEO keeps it cool and keeps investors on his side.Despite his track record, Musk's promises still carry weight.Once again, Elon Musk managed to buck expectations this week when the company's stock soared despite dismal earnings results.Tesla quelled weeks of investor angst with Musk's word on two important future products: a long-awaited affordable model and the eventual activation of a self-drivi -
Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP
Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City. Wall Street stocks were mixed early July 25 following a round of generally positive earnings as markets looked ahead to a Federal Reserve interest rate decision.Photo by Angela Weis/AFP via Getty Images
US stocks tumbled after the first-quarter GDP report on Thursday.
Economic growth slowed to 1.6% in the first three months of the year, badly missing expectations.
Commentators pointed out that t -
Justice Ketanji Brown Jackson warns of the Oval Office turning into a 'crime center' if Trump gets the sweeping immunity he wants
Ketanji Brown Jackson was a former clerk for Justice Stephen Breyer.Anna Moneymaker, David Becker, Douglas Rissing/Getty Images; Isabel Fernandez-PujolJustice Ketanji Brown Jackson seemed alarmed about Trump's ask for sweeping immunity for presidents.Jackson wanted to know how future presidents would be disincentivized to commit crimes. She expressed fear it could turn the Oval Office into "the seat of criminal activity in this country."Justice Ketanji Brown Jackson was animated on Thu -
The 15 bonus tracks from Taylor Swift's 'The Tortured Poets Department' could be their own near-perfect album
Taylor Swift photographed for "The Albatross" vinyl variant.Beth GarrabrantTaylor Swift released "The Tortured Poets Department: The Anthology" on April 19.The double album adds 15 brilliant songs to the original tracklist.They also exemplify Swift's baffling habit of demoting her best songs to deluxe tracks.Taylor Swift once said, "Anything I do is polarizing."That's certainly true of her latest album, "The Tortured Poets Department," which arrived last Friday to mixed reviews. Personally, -
How Billie Eilish has transformed her style with colorful hair, from green roots to a blonde bob she regrets
Billie Eilish attends the People's Choice Awards on February 18, 2024.Gilbert Flores/Getty Images
Billie Eilish has made some drastic hair changes since releasing her first song in 2016.
She's experimented with neon-green roots, vibrant blue strands, and even gray hair for a period.
The 22-year-old has also tried wearing a blonde bob and longer brown styles.
Billie Eilish has been rocking bold hair since the start of her career.Billie Eilish attends Nylon's Young Hollywood party on May 22, 2018. -
Supreme Court justices dance around question of whether Trump could pardon himself if he wins reelection
Former President Donald Trump.David Dee Delgado/Getty ImagesSelf-pardoning wasn't on the table at Thursday's Supreme Court hearing.It was clearly on the justices' minds as they weighed if Trump should enjoy presidential immunity.Justice Alito asked whether every president could just pardon themselves before leaving office.Before leaving the presidency, Donald Trump considered whether to pardon himself."I was given an option to pardon myself. I could've pardoned myself when I left," Trump once to -
I tried Gordon Ramsay's recipe for air-fryer steak, and I got a perfect result in 20 minutes
Gordon Ramsay's recipe asked for a bunch of spices and a rib-eye steak.Chelsea Davis
I made Gordon Ramsay's air-fried rib-eye steak with a coffee and chili rub and was blown away.
The rub had 11 ingredients that resulted in a complex, spicy, sweet, and salty flavor.
In 20 minutes I had a juicy, perfectly cooked steak — I can't wait to make this again.
I never even thought you could — or should — cook a nice steak in the air fryer, but Gordon Ramsay's coffee-and-chili-rubb -
I made Ina Garten's spring spaghetti carbonara and had dinner ready in 30 minutes
I made Ina Garten's spring green spaghetti carbonara and had dinner ready in 30 minutes.Anneta Konstantinides/Business Insider
I made Ina Garten's spring green spaghetti carbonara to celebrate the new season.
The pasta features pancetta, peas, asparagus, and Parmesan cheese.
I loved how light and creamy the pasta was — it's the perfect easy spring dinner.
April showers bring May flowers — and plenty of new dishes to cook. And if you're looking for a quick and e -
A relationship coach wants professional women to stop dating with 'intern energy'
Some professional women date with "intern energy," dating coach Anwar White says.Oscar Wong/Getty ImagesDating coach Anwar White has 14 years of experience helping singles find love. One of his best pieces of advice for single working women is to date with "CEO energy."A client of White's said following his advice allows her to be in control and have fun while dating.For many people, dating is like a job.But dating and relationships coach Anwar White says the secret to success for sing -
Twilio cofounder Jeff Lawson appears to have just bought The Onion
Jeff Lawson, Twilio cofounder and, probably, the new owner of The Onion.Steve Jennings / Getty ImagesSatirical news website The Onion was sold to a company called Global Tetrahedron.Global Tetrahedron is also the name of a fictional evil megacorporation in a long-running Onion gag.But it's a real company, and Twilio founder Jeff Lawson appears to be behind it.Jeff Lawson, the cofounder of cloud computing company Twilio, appears to have purchased the satirical news website The Onion from G/O Medi -
2 founders of a crypto mixer charged with laundering funds from the dark web
Moment/Getty ImagesThe cofounders of crypto mixer Samourai Wallet were charged with money laundering.The service anonymized hundreds of millions of dollars for dark web criminals, prosecutors said.Samourai's cofounders invited the laundering, prosecutors allege.The cofounders of a cryptocurrency mixing service called Samourai Wallet — which rendered crypto transactions anonymous — have been arrested and charged with money laundering, according to an indictment unsealed Wednesday.Pros -
Trump's lawyer says presidents could get away with crimes if they aren't discovered until after they leave office
Then-President Donald Trump speaks to supporters at the Ellipse in Washington, DC.Brendan Smialowski / AFP via Getty ImagesTrump's lawyers say a president can get away with crimes if Congress doesn't find out about it while they're in office.If a president leaves before Congress can impeach and convict, they're home free, Trump's lawyers say.The Constitution's framers "assumed the risk of under-enforcement," his lawyer told the Supreme Court.As the saying goes: It's not the crime; it's the cover -
I made sous-vide chicken for the first time, and it was shockingly easy to achieve restaurant-quality results
I attempted to make sous-vide chicken for the first time.Lucien FormichellaI tried using a sous-vide method for juicier, better chicken at home.The technique is super easy, basically just throwing things in a bag and placing it in water.I'd make a few adjustments next time, but I can't wait to make sous-vide chicken again. My parents were early adopters of the sous-vide trend, and I quickly realized how easy it made slow-cooking meats.The cooking technique involves placing food in a sealabl -
Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks
Bill GrossJanus
Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks.
Microsoft is the only buy if investors must dabble in the tech sector, he said.
Gross also questioned the rationale for owning bonds. Yields spiked Thursday after the GDP report.
Bill Gross says investors should avoid tech stocks. In a post on X, the "bond king" said, "Stick to value stocks, avoid tech for now."His message comes as a weaker-than-expected GDP report also sh -
Supreme Court might not give Trump sweeping immunity — but it's likely to give him the one victory he wants
Former President Donald Trump.Scott Olson/Getty ImagesDonald Trump appears unlikely to get the sweeping presidential immunity he wants.But a majority of Supreme Court justices appear ready to hand the former president an immediate victory.The justices appear likely to further delay a trial on Trump's efforts to overturn the election.Donald Trump might not get the sweeping immunity he wants.Still, the Supreme Court justices do not appear likely to dismiss the former president's claims quickly, ra -
I left my corporate banking job after I got reality TV-famous on 'The Bachelorette.' Now, I'm worth $4 million.
Jason Tartick was a fan-favorite on Becca Kufrin's season of "The Bachelorette."Paul Hebert/Disney General Entertainment Content via Getty Images; Micah KandrosJason Tartick was a corporate banker who took time off to go on "The Bachelorette."When he returned to work after filming, he had to make a choice between social media and his job.Tartick decided to quit and never looked back. Here, he breaks down his journey and finances for BI.This as-told-to essay is based on a conversation with Jason -
Bird flu could jump to humans any day. A former surgeon general says it feels like 2020 again.
Scientists collect organic material from a dead porpoise on the coast of the Atlantic Ocean, during a bird flu outbreak in São José do Norte, Brazil.Diego Vara/ReutersThe H5N1 bird flu virus is spreading through US cattle herds for the first time.The mammal-to-mammal transmission has scientists worried the virus could mutate to spread between humans.Former surgeon general Jerome Adams fears the US is making the mistakes of 2020 all over again.Bird flu is flying wild. In recent mont -
12 best bikinis for summer 2024, tested and reviewed
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreWe love bikinis that are versatile, will last you many summers, and make you feel like your most confident self.Bydee, Dippin Daisies, Left On FridayThe bikini may have been a summertime staple for what feels like an eternity, but in truth, this iconic piece has only been around since the 1940s. Amidst a global textile shortage, fashion designers realized they could save on fabric by crafting midriff-bar -
The US economy may be barrelling towards stagflation, an outcome worse than recession
US Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images
The first-quarter GDP report surprised investors with disappointing growth, while consumer prices kept rising.
The provides the backdrop for stagflation, which can't be combated with rate cuts.
The 1970s offer a warning of what could happen if inflation spirals out of control.
The latest GDP and inflation readings were what investors were least eager to see, and could hint at serious trouble ahead."This was a worst of b -
Harvey Weinstein's NY judge shouldn't have allowed 'prejudicial' testimony from women who said they, too, had been abused: appeals court
Harvey Weinstein arrives with his attorney Donna Rotunno criminal court on February 19, 2020 in New York City.Jeenah Moon/Getty Images; Chelsea Jia Feng/BINew York's top court overturned the 2020 sex crimes conviction against movie mogul Harvey Weinstein.The court said the trial made an error by allowing accusers who weren't a part of the complaint to testify.The Manhattan district attorney's office indicated it wants to retry the case.Harvey Weinstein's sex crimes conviction was overturned -
The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
A waste worker in Srinagar, India sorts and collects plastic for recycling.LightRocket/Getty ImagesWorld leaders are in Ottawa negotiating a treaty to end plastic pollution.The US, a major plastic exporter, says its a dealmaker but is under pressure to be more ambitious.Plastic production is on the rise globally and could account for 20% of carbon emissions by 2050. World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution.It's a pivotal -
Firstleaf Wine Club review: A subscription that learns your tastes over time based on your wine ratings
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreFirstleaf's introductory box of six wines is only $40 and then the price goes up to about $90 for all future shipments.Firstleaf/InstagramBased on the number of wine clubs and subscription services that have started in the past few years, the jig is clearly up. People like wine, but most of us don't know what we're talking about or what we're actually sipping. It's easier when someone just tells us what' -
Trump lawyer tells SCOTUS that president could have immunity after ordering military to assassinate a political rival
Trump's lawyer is arguing immunity in front of the Supreme Court.Curtis Means-Pool/Getty Images;Chelsea Jia Feng/BiThe Supreme Court heard arguments on Thursday over whether to grant Trump sweeping legal immunity.Special counsel Jack Smith argues Trump's attempts to overturn the 2020 election aren't protected.Trump's lawyer argued that even ordering the military to kill a political rival would be OK.Within the first minutes of the US Supreme Court hearing oral arguments Thursday in a landmark ca -
Former Miss USA Cheslie Kryst's mother said she had high-functioning depression. Here's what that means.
Former Miss USA Cheslie Kryst's mother said her daughter had high-functioning depression.Frank L. Szelwach/Miss USA
Former Miss USA Cheslie Kryst's new memoir was finished by her mother, April Simpkins.
Simpkins discussed Kryst's struggle with high-functioning depression before her death in 2022.
The term describes depression among people who maintain happy-looking, productive lives.
A new memoir by former Miss USA Cheslie Kryst was released on Tuesday. "By the Time You Read Th -
A California woman bought a vacant lot in Hawaii and discovered a $500,000 house was built on it without her permission
Anne Reynolds (right) bought a property in Hawaii and later found a home was built on it.Courtesy of Anne Reynolds.Anne Reynolds purchased a vacant lot in Hawaii in 2018 from a tax auction.A developer in Hawaii accidentally built a house on it instead of the neighboring lot.She wants the house to be removed and the flora and fauna to be restored. Instead she got sued.Annaleine "Anne" Reynolds had big plans for a vacant lot she purchased in 2018. Unfortunately, she was beaten to the punch when a -
'Ozempic face' could create a huge market for fillers. One newly-public company wants to cash in.
E+/Getty ImagesSwiss pharma giant Galderma sees opportunity in the "Ozempic face" phenomenon.Its CEO told Bloomberg that weight-loss drugs could boost its fillers business.Ozempic face is a result of aging and rapid weight loss, one cosmetic dermatologist said.The CEO of Swiss pharmaceutical giant Galderma thinks the popularity of weight-loss drugs like Ozempic could boost its facial fillers business.That's because Ozempic can result in a sunken-in look in some patients' faces, Galderma CEO -
High inflation could be here to stay as commodity prices spike again after a 2-year decline, World Bank says
Inflation could see a resurgence in 2025, BlackRock strategists warned.Jonathan Kitchen/Getty Images
High inflation will stay for longer as commodity prices rallied again after falling for two years, World Bank Group says.
The bank expects global inflation to jump by a solid percentage point by 2024 due to the flip-flop oil prices driven by geopolitical risks.
The multilateral lender also predicts Gold to surge to a record high in 2024, then ease off a bit in 2025.
High inflation could be with u
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