Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behi...
Tag: Backtracks
International banking regulatory body backtracks on stablecoins
A Switzerland-based organization that sets international banking standards released new proposed guidance for banks to manage exposure to digital assets that retracts previous draft rules for stableco...
Trump Backtracks On Calling For ‘Termination’ Of Constitution Following Backlash
Topline Former President Donald Trump reversed course Monday after calling for the “termination” of parts of the Constitution over the weekend, following a wave of Republican backlash, insisting in a ...
Will Bitcoin Hit $500,000 in Five Years? Mike Novogratz Backtracks on His Prediction
Alex Dovbnya Novogratz has repeatedly predicted that Bitcoin would be able reach $500,000 in five years During a recent appearance on Bloomberg TV, Galaxy Digital CEO Mike Novogratz said that it was n...
Bitcoin At $500K No Longer Possible, Galaxy Digital CEO Says, As He Backtracks
Bitcoin seems to have reached a point when even its biggest and most bullish admirers and investors are slowly losing hope in the crypto asset altogether. In fact, no less than well-known crypto advoc...
CZ Casts Doubts On Coinbase, Then Backtracks
Binance CEO Changpeng Zhao, in a now-deleted tweet, seemed to have cast serious aspersions about Coinbase and Grayscale. However, as Coinbase CEO responded, CZ seemed to backtrack and quickly de...
Binance’s CEO Sows Doubt in Crypto Rival Coinbase and Digital Asset Manager Grayscale – Then Backtracks
Battles between crypto exchange titans has driven much of this month’s chaos in the industry. The latest salvo from Binance’s CEO appears to have been inaccurate. On Tuesday, Binance CEO C...
Avalanche price analysis: AVAX price backtracks to $12.71 as bears regain dominance
The most recent Avalanche price analysis shows bearish results as the price underwent losses again. The price has decreased up to $12.71, continuing the downtrend that started on the 18th of November....
Joe Rogan Backtracks On His Claim That School Has Litter Box For Kid
On an episode of his podcast this past week, Joe Rogan did some backtracking on his previous … [+] assertion that a school “had to install a litter box in the girls room because there is a girl ...
Sam Bankman-Fried Backtracks on Crypto Regulatory Framework
Industry members were quick to accuse the framework of being at odds with the founding principles of crypto Sam Bankman-Fried is the fourth biggest political donor in the US, and he wants a say in how...
PayPal tells users it will fine them $2,500 for misinformation, then backtracks immediately
Next time you’re clicking through one of those impossibly long and impenetrable legal disclaimers to a company’s terms of service, it may be time to have a closer look. A new policy in PayPal’s fine p...
FTX backtracks on FDIC insurance but fails to delete all references
Following the demands from the FDIC for FTX to cease making misleading statements about FDIC insurance, FTX CEO Sam Bankman-Fried took to Twitter to undertake crisis management. SBF stated that the me...
Celsius backtracks on hiring former CFO as consultant
Celsius has withdrawn its motion to rehire former CFO Rod Bolger as a consultant, according to an August 5 court filing. Reports had emerged that the firm wanted to rehire Bolger for at least six week...
Bitstamp backtracks on ‘inactivity fee’ charges
According to Bloomberg, Luxembourg-based Bitstamp is backtracking on its plan to introduce a €10 “inactivity fee” for its users, citing a statement from the firm’s CEO JB Graftieaux. According to the ...
CoinFlex backtracks on resuming withdrawals
CoinFlex will likely not resume withdrawals for its users on June 30, CNBC reported, citing the exchange’s CEO Mark Lamb. Lamb said that the crypto derivatives exchange would not be resuming withdrawa...
Russia backtracks on crypto payments
Just days after the outbreak of the conflict in Ukraine, and the launch of the first harsh economic sanctions against Russia, which had invaded the country, a high-ranking politician in the Duma had h...
UK Backtracks On KYC For Unhosted Wallets
The United Kingdom government has announced that it will not implement the controversial plan that made it compulsory to collect the identification details of all private crypto wallets. No More KYC ...
UK backtracks on regulation for digital wallets
Contrary to the EU, UK has decided not to oblige crypto companies to send information on transactions of so-called “unhosted” digital wallets. Tracking the activities of “unhosted” digital wallets is ...
UK Government Backtracks on Unhosted Wallet Data Collection Proposal
Had it been implemented as proposed, the rule would have required the sender of any transaction between unhosted wallets to collect know-your-customer data from the receiver. A similar proposal in the...
Solend backtracks on ’emergency power’ proposal following community backlash
? Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowi...
JPMorgan backtracks on key target, says it can reach 17% returns this year
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters JPMorgan Chase on Monday reversed course on guidance it gave in Januar...
Economist Nouriel Roubini backtracks on anti-crypto stance with digital dollar plans
Long-term crypto critic Nouriel Roubini is working on a digital dollar through Atlas Capital Team L.P. that will serve as “a more resilient dollar,” Bloomberg News reported. Atlas Capital, co-founded ...
SEGA backtracks on NFTs, calls them part of gaming’s ‘future’
Japanese video game company SEGA Corporation has walked back on its negative stance on non-fungible tokens (NFTs) and believes it is part of gaming’s future. In a recent interview, Masayoshi Kikuchi, ...
“I Haven’t Been Right On This Call” — $35B Hedge Fund Manager Backtracks on Anti-Crypto Stance ⋆ ZyCrypto
Advertisement     Citadel founder and CEO Ken Griffin is one disappointed hedge fund manager, reason – he ignored crypto when it mattered most, losing out on a great d...
Ukraine backtracks on airdrop and looks to issue NFTs to support military
Ukraine has canceled plans to conduct an airdrop that was due on March 3rd. The country’s Prime Minister, Mykhailo Fedorov, tweeted that the country had backtracked on the plan after “careful consider...
Ruby on Rails Creator Backtracks As He Expresses Support For Crypto
David Heinemeier Hansson has backtracked on his decision to not support crypto. The Danish programmer who is famous for creating the Ruby on Rails programming language had been a staunch opponent of t...
Trezor Backtracks on ‘Travel Rule’ App for Self-Hosted Crypto Wallets Amid Uproar
SatoshiLabs, the creator of the Trezor hardware wallet, has decided to shelve plans to adopt an automated protocol for proving ownership of a self-hosted wallet when withdrawing from an exchange in Sw...
Major Italian Bank Backtracks on Crypto Ban
Alex Dovbnya UniCredit has denied banning its customers from trading cryptocurrencies Milan-headquartered banking group UniCredit, which boasts 811.1 billion euros in total assets, has denied prohibit...
Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla, the software developer of the internet browser Firefox, has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on...