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Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money
Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money
A week ago, in an attempt to calm the market, Goldman's economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis.
We are about to find out if they were right.
Recall that in mid-March, while attention was understandably focused on the Iran war, we explained why Blue Owl's February decision to commence liquidations of loans in its three core private...
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Oct 13, 2026 / Tyler Durden
France Is World's Most Dangerous Place For Bitcoiners: 90 Attacks In 7 Months
France Is World's Most Dangerous Place For Bitcoiners: 90 Attacks In 7 Months
Authored by Christina Comben via CoinTelegraph.com,
French authorities have recorded 90 cases involving kidnapping, abduction, extortion, threats, and violent theft related to cryptocurrencies in just over seven months.
The figures, provided to Cointelegraph by the French Interior Ministry, are from Jan. 1 to mid-August 2026. Authorities also recorded 223 arrests, and 126 people were imprisoned from January to July.
The figures equate to a new case every two and a half days, although there is no official year-on-year comparison to...
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Apr 7, 2026 / Tyler Durden
Container Ship Sinks In Hormuz After Iranian Strike Last Month; UBS Gives Latest Strait Update
Container Ship Sinks In Hormuz After Iranian Strike Last Month; UBS Gives Latest Strait Update
The Egyptian-owned, Maltese-flagged container ship Safeen Prestige (IMO: 9593517), which was damaged in the first week of the U.S.-Iran conflict following an Iranian strike, has reportedly sunk in the Strait of Hormuz.
According to Bloomberg, Pakistan's hydrographic service said the container ship sank last week, leaving only an oil slick on the surface of the water in the Hormuz chokepoint.
The IRGC torched the SAFEEN PRESTIGE in the Strait of Hormuz and continues to reignite the fire.
Now...
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Sep 10, 2026 / Tyler Durden
Sinopec Sees China Oil Demand Falling 8.9% in 2026
Sinopec Sees China Oil Demand Falling 8.9% in 2026
By Charles Kennedy of OilPrice.com
China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and the acceleration of electric vehicle adoption.
Oil demand in the world’s biggest crude oil importer is expected to drop by 600,000 barrels per day (bpd) on average this year compared to last year, according to estimates by Sinopec’s research arm quoted by Reuters.
Gasoline demand is set for an...
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