During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s economy stumbled. In May 2022, the governme...
Tag: alarm
FBI Raises Alarm On Crypto Cyber Fraud, Says $42.7 Million Lost Since December
The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning. FBI Caution...
US Senator Elizabeth Warren Rings The Alarm Bell, Says Crypto Needs Tighter Regulations
– Advertisement – According to Senator Elizabeth Warren, the United States needs more proactive crypto policies. The US is known as a world-class leader when it comes to innovation and t...
BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams
BNB Chain has launched a new platform, DappBay, to discover new Web3 projects. DappBay is equipped with a novel feature called Red Alarm, which assesses project risk levels in real-time and alerts use...
AI Ethics Ringing Alarm Bells About The Looming Specter Of AI Biases At Massive Global Scale, Especially Fueled Via Looming Fully Autonomous Systems
AI could bring us AI-steeped untoward biases at scale, massive global scale. getty Plato famously stated that a good decision is based on knowledge and not on numbers. This keen insight seems amazingl...
Wall Street Sounds Alarm on 20-Year Treasury Bond Dislocation
(Bloomberg) — Mark Cabana knows he sounds like a broken record by now. Most Read from Bloomberg Yet the head of US interest-rates strategy at Bank of America Corp. makes no apologies for repeate...
Binance’s Alert on Uniswap Was “False Alarm”. Here’s Why
Alex Dovbnya No, there was no vulnerability in the Uniswap V3 contract In a recent tweet, Binance CEO Changpeng Zhao admitted that his alert on Uniswap, the biggest decentralized cryptocurrency, was a...
Binance CEO Raises Alarm on Chinese Data Breach
Binance CEO Changpeng “CZ” Zhao sounded the alarm on a massive data leak of one billion Chinese residents that went up for sale on the dark web. Twenty-three terabytes of data containing names, addres...
LBRY vs. SEC to face the same fate as Ripple vs. SEC? Answer can alarm you
The SEC vs. Ripple case continues to create headlines within the crypto community. But a lesser-known case may provide clarity for the former. In 2021, the SEC filed a complaint against LBRY, Inc. (a ...
Fed Sounds Alarm on “Recent Strains” in Stablecoin Market
Key Takeaways A new report from the Federal Reserve mentions stablecoins and the risks they pose to the stability of the financial system. The report said that “recent strains” in the stab...
“Nothing Issue” — MicroStrategy CEO Saylor Says No Cause For Alarm Despite Losing $1B In Bear Market ⋆ ZyCrypto
Advertisement     CEO of software and cloud engineering behemoth, MicroStrategy, Michael Saylor, has said he is not losing sleep over the crypto markets despite his co...
CFTC’s G. Romero raises the alarm of similarities between crypto now and banks in 2008
Goldsmith Romero, a commissioner with the Commodity Futures Trading Commission (CFTC), has raised the alarm over the crypto market’s correlation with the banking sector in years heading to the 2008 fi...
New York Attorney General Sounds Alarm on Digital Assets, Says Crypto Creates More Pain Than Gain for Investors
The Attorney General of New York is issuing a warning to investors of digital assets, saying that even well-established cryptocurrencies are extremely risky following last month’s market meltdown that...
Microsoft’s Dollar Alarm Raises New Worry for Software Stocks
(Bloomberg) — Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft Corp. warned of even more headwinds coming down the pike. Most...
Jamie Dimon, Carl Icahn, and other market experts are sounding the alarm about a recession. Here’s what they’ve all said
It’s no secret that Americans are worried about a recession. With the S&P 500 briefly falling into bear market territory on Friday, consumers are wondering if this year’s stock market downturn wil...
Peckshield Sounds Alarm on Honeypot Posing as Terra Fork
The blockchain security firm Peckshield today warned investors about a newly deployed honeypot pretending to be “Terra Luna Classic” (LUNC) on Binance Smart Chain (BSC). The honeypot emerged after a p...
OPEC Kingpins Sound Alarm Over World’s Dwindling Energy Capacity
(Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Most Read from Bloomberg The oil ministers of Saudi Arabia and the United Arab Emirates war...
Azuki NFT Prices Plummet After Founder Raises Rug-Pull Alarm
Azuki, one of the most popular NFT collections, saw its prices tumble after its founder revealed a past affiliation with abandoned NFT projects. The NFT collection prices saw a huge drop of around 50%...
FCA Raises Alarm on Screen-Sharing Scam as Victims Lost £25 Million
The United Kingdom’s financial market supervisor has raised a fresh warning against the rampant screen-sharing scams that victimized 2,142 people since July 2020. The Financial Conduct Authority (FCA)...
China Begins Mass Testing Beijing’s Biggest District After Raising Alarm About Undetected Covid Spread
Topline Officials in Beijing will require the people who reside or work in Chaoyang—the city’s main business district—to undergo three Covid-19 tests this week starting on Monday, a move that comes af...
UK’s FCA Raises Alarm on US Crypto Trading Firm
The Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).T...
IMF Sounds Alarm On ‘Significant Slowdown’ As Ukraine War And Inflation Slam Global Economies
Topline The International Monetary Fund warned on Tuesday that global economic growth will be “severely set back” by the fallout from Russia’s war with Ukraine, the effects of which will be felt “far ...
FDIC Sounds Alarm on Crypto in Letter to Banks
The U.S. Federal Deposit Insurance Corporation (FDIC) has written to the banks it supervises, raising concerns over the risks involved in crypto activity. “Crypto-related activities may pose signific...
More Fed Officials Are Sounding The Alarm On Inflation And Spooking Markets
Topline An increasing number of Federal Reserve officials have recently spooked markets by warning about the economic impact of decades-high inflation and how the central bank will need to aggressivel...
Bank of England Governor Bailey Sounds Alarm on Crypto Scams
Andrew Bailey, Governor of the Bank of England, has raised concerns that crypto presents opportunities for scammers and criminals, per Bloomberg. “You only have to ask the question: what do people co...
German industry sounds alarm over energy rationing plan
For 400 years, Carletta Heinz’s family has produced bespoke glass bottles for the world’s leading perfumeries in a factory on the edges of Germany’s Franconian forest. But Russia’s invasion of Ukraine...
Bitcoin crash rings alarm bells for Coinbase
Bitcoin and crypto crash has left Coinbase and investors in a puzzle The value of Coinbase has plunged by more than half of its listing price It could receive $1.2 million as revenue from the NFT ma...
China Tech Selloff Deepens as U.S. Delisting Fears Alarm Traders
(Bloomberg) — Chinese tech shares tumbled to a fresh low, tracking overnight weakness in their U.S. peers, as renewed regulatory concerns unnerved investors still reeling from wild price swings ...
New Senate bill sounds the alarm on China’s digital yuan
advertisement A new bill in the US Senate takes aim at China’s new central bank digital currency (CBDC). On March 9, Senators Bill Cassidy (R-LA) and Marsha Blackburn (R-TN) introduced the ̶...
Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt
Still, lawmakers want assurances from Yellen that the Office of Foreign Assets Control (OFAC), which enforces U.S. sanctions rules, will be able to maintain the blocks against Russian banks and oligar...