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Showing 1 - 10 of 20 results for "Celsius"

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... defaults. "Due to current macroeconomic conditions and the recent fallout in the crypto space from recent events concerning Celsius Network, 3AC, Babel Finance, and others, Zipmex's CeFi product has recently been exposed to defaults from two of our institutional ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... violations after the rupee dropped 7% against the US dollar since January. Nonetheless, others powered through including Celsius which reclaimed $172 million collateral from Aave and Compound by paying down $95 million to the DeFi platforms. "Celsius ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

The top ESG themes for 2022

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... forms part of wider international pledges to meet the Paris Agreement, which aims to limit global warming to two degrees celsius or less by 2100, which in turn requires the world to become carbon neutral by 2050. Its natural resource management engagement ...

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
... estimated members will be better off if the global community acts to keep temperature rises to well below two degrees Celsius by 2100. For example, in its default Core Strategy investment option annualised investment returns could be nearly two percentage ...

Metrics Credit Partners joins climate partnership

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... help investors choose investments that are consistent with Paris Climate Agreement to limit warming to under 2 degrees Celsius and has been applied by issuers of green bonds and borrowers of green loans in Australia. Metrics said it will support the ...

UHNWs see net zero as business opportunity

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... that is because only 50% of UHNWs believe it is possible to keep global average temperature increases below two degrees celsius. They are also fairly sceptical about the ability of governments to address the issue - 61% expressed concern this year's ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
... carbon emissions by 45% from 2020 baseline levels by 2030. Mercer said the commitment aligns with targeting a 1.5 degree Celsius limit on global temperature increases and the Paris Agreement's ambitions. Mercer Pacific chief investment officer Kylie ...

Climate change greater threat than COVID: Report

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... climate change. However, in contrast, delivering net zero by 2050 and consistent with keeping global warming to 1.5 degrees Celsius, could add $680 billion and grow the economy by 2.6% in 2070. Deloitte Australia chief economist Chris Richardson said ...
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