Orthogonal Trading Liquidated After Defaulting on $36M Loan

• Orthogonal Trading, a digital asset trading firm, has been placed under provisional liquidation by the British Virgin Islands courts after defaulting on $36 million of loans from M11 Credit-managed lending pools on decentralized finance protocol Maple Finance.
• M11 Credit and Maple had sought an “urgent ex parte application” to appoint a provisional liquidator for Orthogonal Trading in British Virgin Islands High Court, which was granted.
• Officials with the firm’s own lending unit, Orthogonal Credit, claimed they were kept out of the loop on the depth of Orthogonal Trading’s financial troubles.

The digital asset trading firm Orthogonal Trading has been placed under provisional liquidation by the British Virgin Islands courts, after defaulting on $36 million of loans from M11 Credit-managed lending pools on decentralized finance protocol Maple Finance. The news, tweeted Thursday by M11, came after Orthogonal Trading failed to meet a $10 million payment due earlier this month.

M11 Credit and Maple had sought an “urgent ex parte application” to appoint a provisional liquidator for Orthogonal Trading in British Virgin Islands High Court, which was granted. Orthogonal Trading had been a borrower and a lending pool manager on Maple, and had misrepresented its losses in the FTX collapse and operated while insolvent for weeks. Depositors in impacted lending pools are facing up to 80% losses.

Officials with the firm’s own lending unit, Orthogonal Credit, put forth their own Medium post claiming they were kept out of the loop on the depth of Orthogonal Trading’s financial troubles. The post stated that the borrower had made a “series of misrepresentations” to them and other lenders, and that the unit had been “unable to get any answers” about what had happened to their money.

M11 Credit has said that the firm was seeking fresh funding to cover all outstanding liabilities and had made good progress, but the money didn’t come through in time to meet the payment due. Maple has since booted Orthogonal Trading from the platform.

The insolvency of Orthogonal Trading highlights the risks associated with cryptocurrency lending without collateral. The lack of regulation makes it difficult to protect lenders from instances of default, and the risks may be magnified when dealing with unregulated firms. It is yet to be seen what the outcome of the insolvency proceedings will be, but it is clear that the incident is a cautionary tale for lenders.

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FTX Collapse Leaves Few Winners, Law Firms and Consultants to Untangle Mess

• FTX’s collapse has left few winners, with the exception of the many law firms and consultants that will have to untangle the mess left by founder Sam Bankman-Fried.
• Court filings detail the fees charged by lawyers, tax advisors, restructuring specialists and the company’s new senior management.
• FTX’s New York-based law firm Sullivan & Cromwell charges as much as $2,165 an hour for work by partners and special counsel, while financial advisors Alvarez and Marsel charge an hourly rate of as much as $1,375.

The collapse of FTX crypto exchange has left few winners, with its founder Sam Bankman-Fried in FBI custody and his senior lieutenants cutting deals with prosecutors. As many as one million creditors are still waiting to get their money back, but one group is definitely set to gain – the many law firms and consultants that will have to untangle the mess left by Bankman-Fried.

Court filings issued on Wednesday detail the terms under which FTX’s partners will be reimbursed for their efforts. The filings show that FTX’s New York-based law firm Sullivan & Cromwell (S&C) charges as much as $2,165 an hour for work by partners and special counsel. S&C was appointed to lead the winding up of the company on November 9th, and received some $3.4 million from FTX in the three months prior to its collapse, most of which was paid on November 3rd. Meanwhile, financial advisors Alvarez and Marsel charge an hourly rate of as much as $1,375 and received $4 million in retainers prior to the bankruptcy.

The court filings also detail the fees charged by the company’s own new senior management, including John J. Ray III, who took over from Bankman-Fried as chief executive officer on November 11th. Ray, via his company Owl Hill, charges a similar hourly rate. Upon completion of the Chapter 11 bankruptcy plan he will get a further $3 million bonus. Fellow law firm Landis Rath and Cobb, has been hired to represent a representative committee of nine FTX creditors. The filings also reveal that West Realm Shires, the subsidiary of FTX that owned the U.S. business, paid a $12 million retainer at S&C before West Realm filed for bankruptcy on November 14th.

The law firms and consultants now have the arduous task of untangling the mess left by FTX’s collapse. Whether they will be successful in helping creditors get their money back, and whether the law firms will be able to recoup their own fees, remains to be seen.

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Scott Minerd, Chief Investment Officer of Guggenheim Partners, Passes Away at 63

• Scott Minerd, Chief Investment Officer of Guggenheim Partners, died Wednesday after a heart attack at the age of 63.
• Minerd was known for his ever-shifting calls on bitcoin’s price, most notably predicting that it could reach $400,000 in late 2020.
• Most recently, Minerd told Bloomberg Television that there was “another shoe to drop” from last month’s collapse of Sam Bankman-Fried’s FTX crypto exchange.

Guggenheim Partners Chief Investment Officer Scott Minerd passed away on Wednesday due to a heart attack. He was 63 years old. Minerd was a key innovator and thought leader who was instrumental in building Guggenheim Investments into the global business it is today, according to CEO Mark Walter.

Minerd was also a regular presence on the financial-news cable network CNBC, and had become the public speaker for Guggenheim in addition to being a senior leader and mentor. He had a penchant for making waves in crypto markets due to his ever-shifting calls on bitcoin’s price.

In December 2020, when bitcoin was trading around $20,000, Minerd predicted that the cryptocurrency „should be worth around $400,000.“ The BTC price climbed to just above $40,000 in January 2021 and peaked around $69,000 late last year. In May, when bitcoin was around $29,000, he told CNBC it could fall to $8,000. It is currently around $16,600.

Recently, Minerd told Bloomberg Television that there was “another shoe to drop” from last month’s collapse of Sam Bankman-Fried’s FTX crypto exchange. He said that this is just like any number of periods where we had easy money and a lot of speculation and that the weakest players fall first.

Minerd was an influential and important member of the financial industry and will be greatly missed by all who knew him. His legacy will remain as his contributions to the world of finance have been significant and have left a lasting impact.

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What Are Plug-ins?

Plug-ins are programs that can be integrated into websites. They can be used to enhance the functionality of a website by allowing users to take advantage of more online. Plug-ins can be utilized for many different purposes that include social media integration and analytics, e-commerce, marketing, and many more. The phrase „plug-in“ is derived from the fact that they’re simple to set up and need only a minimum amount of technical know-how.

What Is a Plugin Used For?

Plug-ins allow you to improve the functionality of the website. They are used for many different purposes such as social media integration as well as analytics, e-commerce, marketing, and much more. Plug-ins are a great way to include features on the website that would otherwise be impossible or difficult to achieve. A plug-in, for instance, could be used to include an contact form on websites, or to allow users to upload files.

Different Types of Plugins

Plug-ins can be classified into two major categories: paid and free. The free plug-ins are usually open-source and are able to serve for any reason. Paid plug-ins tend to be proprietary and feature more sophisticated capabilities. Some examples of popular plug-ins include Facebook, Twitter, and Google Analytics.

How to Install a Plugin

The installation of a plug-in is usually an easy process. The majority of plug-ins can be downloaded in a zip file which can be uploaded on the website using the web-based control panel, or FTP clients. After the plug-in has been installed, it will require activation or configured prior to it being able to be utilized.

Benefits of Plugins

Plug-ins provide a variety of advantages for website owners. They permit website owners to enhance the capabilities of their site without needing to learn the latest programming language or employ developers. Plug-ins allow owners of websites to add features quickly on their site like contact forms or file uploads. Plug-ins also assist website owners to save time and money as they tend to be less expensive than custom-designed solutions.

Best Plugins for Different Uses

The most effective plug-ins for the specific website will be contingent on the kind of site and the requirements of the webmaster. For instance, a site that requires the collection of contact details could use an email form plug-in for instance, a site that requires to show images could utilize the plug-in for image galleries. It is crucial to investigate the different plug-ins that are available and decide which one is most appropriate for your website.

How to Manage Plugins

After a plug-in has been installed, it is crucial to ensure that it is up-to-date. Plug-ins need to be checked frequently for updates as these updates could include security patches or other new features. In addition, plug-ins must be checked regularly for issues with performance or for errors.

Common Plugin Issues

Plug-ins may cause issues on a site for example, delays in performance or even issues. Common problems with plug-ins are issues with the other plug-ins and themes and compatibility issues with browsers for web, and older version of the plugin. It is essential to regularly make sure you are up-to-date and resolve any issues that could occur with the plug-in. Plug-ins are a crucial component of every website since they permit webmasters to rapidly create features and expand the capabilities of their website. Plug-ins are used for various reasons, such as social media integration as well as analytics, e-commerce, marketing, and many more. Installing a plug-in can be an easy process and there is numerous plug-ins to choose from for various uses. It is crucial to investigate the various plug-ins to determine which are the most suitable to use on your website. In addition, the plug-ins need to be frequently monitored and upgraded to ensure maximum performance and security. Although plug-ins can be beneficial, they can cause problems if not managed properly. Website owners must be aware of the common issues with plug-ins and take action to prevent them from happening.

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Unraveling the Mystery of TV Without Smart TV

In this age of technological advancement it’s easy to become lost within the worlds of connected TVs, streaming apps and other smart devices. But what happens to traditional, non-smart televisions? Television without smart TV has been around for years and is still in use in many homes even today. This article will examine the benefits and drawbacks of TVs that do not have smart TVs and compare it with its more advanced counterpart and also highlight the most well-known models.

What is Smart TV?

The term „Smart TV“ is that’s used to describe a TV which is integrated with technology and is able to connect to the internet. This kind of TV permits users to stream content on different services like Netflix and Hulu and also access social media websites. Smart TVs typically connect to the home network, which allows users to connect to the internet without needing an additional device.

What is TV Without Smart TV?

TV without a smart TV, also referred to as the „dumb“ TV, is one that doesn’t contain any smart technology integrated into it. This kind of TV is not able to connect to the internet or streaming services, and it does not come with all the capabilities modern, smart TVs have.

Advantages of TV Without Smart TV

One of the major benefits of a TV that is not a smart TV is the price. Because these TVs don’t have any additional technology They are usually cheaper than smart TVs. This makes them a good choice for those in a tight budget or are looking to cut costs. Another benefit of TVs without connected smart TVs is it’s simpler to setup. Without any additional tech and no cords to connect TVs with these features can be set up and operational in just a few minutes. This makes them an excellent alternative for those who do not have the technical skills or looking for simple setup.

Disadvantages of TV Without Smart TV

One of the main drawbacks of TVs without smart TVs is that it doesn’t provide access to streaming services or to the internet. Because these TVs aren’t connected to the home network, viewers require a separate device, such as an DVD player, to access the content. This is a problem for those who are familiar with the ease to streaming service. Another disadvantage of TVs that do not have the smart television is that it doesn’t provide the most current technologies. Because these TVs don’t include any additional features and do not come with any of the features modern, smart TVs have. This could be a problem for those familiar with the most modern technology.

Is TV Without Smart TV Still Relevant?

Despite the proliferation of smart TVs, television with no smart TV remains important even today. Although the technology might not be as sophisticated as the latest, smart TVs, they can still be a viable alternative for those on a tight budget or aren’t tech-savvy.

Smart TV vs TV Without Smart TV

If you compare a TV with no smart TV with its more advanced counterpart, it’s simple to spot the distinctions between the two. Smart TVs provide accessibility to services streaming as well as the internet and also the most recent technology, whereas TV without smart TV doesn’t. Smart TVs tend to be costlier than simple counterparts, however they’re usually worth the cost of the additional amenities.

Popular TV Without Smart TV Models

There are a variety of popular TV models that are not the use of a smart TV at present. The most well-known models include the Samsung UN32J4000 model, the TCL 32S305 and the Vizio D32H-F0. Each of these models offers viewers a fantastic image as well as sound quality and are priced at a reasonable cost.

Final Thoughts

Televisions without smart TVs may not be as technologically advanced than its smarter counterparts but it’s an option for a lot of households. They are generally less expensive and are easier for installation, which makes them an ideal choice for those on a tight budget or do not have the technical expertise. Although these TVs don’t provide streaming services or internet access but they’re still ideal for a large number of people.

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How to Fix It When a Computer Randomly Restarts

Troubleshooting a computer that keeps rebooting

A computer that is restarted randomly can be almost impossible to use. This is not the only issue it usually happens without notice, an error message or any other apparent reason. This guide to fixing the issue when a computer restarts randomly will assist you in resolving this difficult issue.

Why Does My Computer Restart Without Warning?

A variety of issues could cause a computer to start up without warning, however most of them fall within a couple of broad categories.

  • There is a problem with the way power is supplied to the computer.
  • Hardware that is overheated.
  • Hardware that is defective.
  • An operating system or software issue.
  • Ransomware and malware.

How to Fix It When a Computer Randomly Restarts

The myriad of issues that can cause an unintentional restart can make it difficult to determine the cause. The steps below are listed in an order to aid in finding the root of the problem.

  1. disable automatic restart in case of computer failure. This option won’t solve the issue however it could prevent the computer from restarting in the event that a problem with the operating system or software is responsible for the issue. A delay in restarts could allow you to read an error message and determine the root of the issue.
  2. Examine the power cord as well as its connection to your computer and the power outlet.

    Sometimes, the problem is something as simple as a power cord that is loose. I’ve experienced a bizarre restart that was caused by loose power cords that caused my computer to reboot every time I accidentally smacked it by my foot. It occurs!

  3. Check the power outlet that provides electricity for your laptop. Be aware of other devices that are connected to this outlet after the computer restarts. Are they also losing power? If yes, then the problem may be with the outlet in the wall and not the computer.
  4. Make sure you check the button for power or restart. Check to ensure they’re free of pets, objects, and children. Remove anything that might accidentally trigger an electrical or restart feature.
  5. Find signs that your computer is running hot. Alternately, you can utilize software to check your computer’s CPU’s temperature in real-time. Every PC comes with a number of sensors which monitor internal temperatures. They’ll shut down if temperatures are high enough to cause damage to the hardware of the PC.

    The shutdown temperature is influenced by PC, and occasionally by sensor, but temperatures above 100 degrees Celsius typically indicate trouble.

    Are you experiencing heat issues? This guide to cooling your PCcan assist you in fixing it.

  6. Give your computer the chance to shake it gently. A loose connection to the internal circuitry could cause a sudden restart. Moving or shaking the computer can trigger the issue. If this happens, it’s an indication that the problem is with the hardware inside and requires a fix.
  7. Run Windows Update. Windows Update will install the most recent drivers and updates for the hardware on your PC. The update could resolve the issue that is caused by driver, software or operating system issue.
  8. Uninstall recent software. The issue could be the result of a software glitch. If the problem started to occur in the last few days, you should uninstall any software that was installed prior to when the issue began.
  9. Install and run the antivirus software in case you don’t already install it. Eliminate any malware it detects. It is rare for malware to reboot a computer because it’s not a good thing for the person who created it. However, malware may cause various unexpected issues that could lead to the random restart.

    The 9 Best Free Antivirus Software of 2022

  10. Reset Windows using the Keep My Files option. Reset will delete all software, but will retain certain settings and files. It can also erase the software or settings that trigger an unintentional restart.
  11. Reinstall Windows. This alternative that is more difficult than a reset completely wipes Windows including all programs and files, providing the possibility of a new start.

    If you experience frequent restarts following this procedure The issue is most likely the hardware of your computer, not Windows or any installed software.

  12. Start your computer and remove any dirt or dust. Also, make sure to check the internal connections to ensure that they aren’t loose.
  13. Get rid of any recently installed hardware updates. New hardware may result in unexpected conflicts. Reverting to previous hardware may fix the issue.
  14. If you’re using a desktop computer, replace the power supply. It converts the power source from the wall outlet into supply power for the various PC components you can utilize. Problems in the supply could result in random restarts, and other problems.
  15. Examine the motherboard as well as any other inside componentsthat appear. Find signs of faulty components, for example, bulging batteries (if you have laptops) or the capacitors bulging.

    It’s possible you won’t be able to solve these problems at home however, identifying them can assist a repair shop in locating and correct the issue.

  16. Do you find that your computer continues to randomly start up? It could be to be a hardware issue that affects the most critical component on your computer. It is necessary to fix the computer by an repair shopor the manufacturer of the computer when it’s still covered under warranty.
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How to Delete Pages in OpenOffice Writer Documents

Use your computer’s keyboard to delete pages in your OpenOffice Writer document.

If you find that your OpenOffice Writer document contains an area of blank space, you can eliminate pages that you do not wish to delete without being able to determine where the page starts and ends.

Using the „Nonprinting Characters“ Utility

Step 1

Open OpenOffice Writer. Open documents through clicking „File“ and „Open“. Select the document you want to open then click „Open“.

Step 2

Click „View“ and „Nonprinting Characters„. The view of your document will change and you’ll be able to see a sequence of codes that indicate breaks in the page and other formatting.

Step 3

Find your reverse „P“ symbol, which signifies a page break at the bottom of the paragraph or page before the blank or any other unneeded page you wish to remove. Make sure to highlight the symbol using your mouse.

Step 4

Use“Backspace“ or the „Backspace“ or „Delete“ key on your keyboard to erase the symbol, and also remove your page’s break.

Step 5

Click“Delete“ repeatedly „Delete“ key repeatedly to eliminate any blank lines that might be in the space prior to the next paragraph page. Your document will show its lines reshaping.

Step 6

Select „View“ and „Nonprinting Characters“ to shut off the program.

Using the „Web Layout/Online Layout“ View

Step 1

Open OpenOffice Writer. Open the document using „File“ and „Open“. Locate your document then click „Open“.

Step 2

Click „View“ and „Online Layout“ or „Web Layout“. The view of your document will change, and you’ll be able to view the document displayed in a web-based view.

Step 3

Start at the top of the page that you wish to erase. Hit“Delete“ to delete the page „Delete“ key to remove the page. It is possible to hit“Delete“ repeatedly „Delete“ key repeatedly to eliminate blank lines prior to your next sentence or even page. Your document will show its lines being rearranged.

Step 4

Select „View“ and „Print Layout“ for a return to the default view in OpenOffice Writer.

Using the „CTRL“ and „End“ Key Sequence

Step 1

Open OpenOffice Writer. Open documents through clicking „File“ and „Open“. Locate your document by clicking „Open“.

Step 2

Use your „CTRL“ and „End“ keys together to navigate to the end in your file. This method is useful if you want you want to eliminate empty pages from the bottom the document.

Step 3

Use“Backspace“ or the „Backspace“ key to delete the page. You may need to hit“Backspace“ repeatedly to delete the page „Backspace“ key repeatedly to take out multiple blank pages towards close of the document.

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