Aussie crypto firm defaults on $163m | $2.2b book merger scrapped by regulator | $1b for climate fund at Morgan Stanley
What the Flux · Flux
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Show Notes
Iris Energy, a massive Australian-born bitcoin miner, has defaulted on $163m worth of debts on its crypto mining equipment.
Penguin Random House and its rival Simon and Schuster have scrapped their $2.2 billion USD merger after a judge ruled it would reduce competition.
Morgan Stanley, the global investment bank, has launched a $1 billion private equity fund for the climate space.
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