Podcasts News What the Flux Aussie crypto firm defaults on $163m | $2.2b book merger scrapped by regulator | $1b for climate fund at Morgan Stanley

Aussie crypto firm defaults on $163m | $2.2b book merger scrapped by regulator | $1b for climate fund at Morgan Stanley

Published: Nov. 22, 2022, 6 p.m.

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Iris Energy, a massive Australian-born bitcoin miner, has defaulted on $163m worth of debts on its crypto mining equipment.

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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.

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Morgan Stanley, the global investment bank, has launched a $1 billion private equity fund for the climate space.

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