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Destruction of an icon

ActivTrades

WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama.

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SAC Big Red Machine dominate cross country

WITH the return of the Bahamas Association of Independent Secondary Schools’ cross country championships on Saturday at St Augustine’s College, the Big Red Machine rode around their campus with another dominating performance.

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Thomas, Surprise Saguaros win AFL title

TAHNAJ Thomas’ Arizona Fall League season concluded with a championship title after his Surprise Saguaros rallied to win the longest postseason game in AFL history.

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Woodside-Johnson inducted into Murray State’s Hall of Fame

DIANNE Woodside-Johnson returned to her alma mater at Murray State University where she was one of eight athletes inducted into the 2022 Hall of Fame Class over the weekend in Murray, Kentucky.

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CARIFTA: Team Bahamas bringing home four medals

THE Bahamas national team is expected to return home from the CARIFTA Triathlon & Aquathlon Championships with a total of four medals, inclusive of a pair of silver and bronze each and a fifth place overall.

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‘Buddy’ Hield and Pacers off to surprising start

CHAVANO “Buddy” Hield’s sixth 20-point game of the year led the Indiana Pacers to a win on the road for what most NBA pundits have deemed a surprising start to the 2022-23 season.

McFall, McCoy off to good start in NCAA Div. ii

BOTH Johnathan McFall and Malachi McCoy got their senior seasons off to promising starts as the NCAA Division II basketball season tipped off last weekend in early season tournament play.

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Ontario Open Judo Championships: Xavion Johnson grabs the gold

IN his second tournament in two weeks in Canada, Bahamian rising judoka Xavion Johnson had to settle for a gold and a fifth place respectively in the Cadet and Senior divisions of the Ontario Open Judo Championships at the Toronto Pan Am Sports Center in Ontario.

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Bahamas secure hard-fought win over Panama

THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.

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PM unveils Bahamas Blue Carbon Credit Management Initiative at COP-27

PRIME Minister Phillip “Brave” Davis along with environmental enthusiasts unveiled the Bahamas Blue Carbon Credit Management Initiative at the CARICOM Pavilion at COP-27 on Friday.

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Exuma residents alarmed after murder

THE sister of a 22-year-old man who was killed in Exuma on Thursday night said her brother, Malik Fernander, relocated to the island to work and provide a better life for his unborn child.

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$73m ‘zero carbon’ project targets 36k annual visitors

A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.

Insurers: Bahamas ‘dodges bullet’ on Hurricane Nicole

Bahamian insurers yesterday asserted that the nation has “dodged a bullet” with Hurricane Nicole amid expectations that it will produce “minimal” losses and damage.

‘Don’t build financial services on crypto’

FTX’s collapse into provisional liquidation is a warning that The Bahamas should “not build the whole financial services recovery” on digital assets, a prominent Bahamian accountant said yesterday.

AML Foods targets e-commerce launch

BISX-listed AML Foods is planning to launch an e-commerce division during its current financial year that will enable the group to supply clients “throughout The Bahamas”.

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DIANE PHILLIPS: View from the sidewalk

IT’S amazing what trying to look at something through someone else’s eyes can reveal.

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53-year-old man was victim of latest killing

THE man who was shot dead outside his Kool Acres home on Wednesday night has been identified by area residents as 53-year-old Nathan Stubbs. According to police, the incident occurred shortly before 10pm outside the victim’s residence.

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Regulator ‘freezes’ FTX and sends in liquidator

Regulators yesterday moved to protect clients of The Bahamas’ flagship crypto currency investor by “freezing” its assets, and seizing control of the company, amid reports it acquired $74m in local real estate this year alone.

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Blaze at Prodigal Sons shack

WITH the return of the Boxing Day and New Year’s Day parades a few weeks away, the Prodigal Sons Junkanoo group is uncertain if it will be able to compete following a devastating fire at their shack on Tuesday.

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'Shanty towns will not go unchecked forever’

PUBLIC Works Minister Alfred Sears warned that illegal shanty towns will not be allowed to go unchecked indefinitely, while revealing that officials are reviewing an existing injunction with a view to making appropriate applications to the Supreme Court to crack down on the unregulated communities.