The New York State Financial Services Department said the shutdown of Signature Bank was due to a lack of transparency rather than crypto. The state regulators said that the bank’s leaders caused a cr...
Tag: Blames
CZ blames banks for the increase in stablecoins risks – Cryptopolitan
Binance CEO Changpeng CZ Zhao has waded into the SVB conversation that has been ongoing for some days. The Binance boss has faulted the role of traditional banks for the heightened risk in dealing wit...
Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn
Ad Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. (Source: Twitter @tier10k) At 3:45 pm, HT was trading at $4.70. By 4:10 ...
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’ – Bitcoin News
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously w...
Top economist Mohamed El-Erian blames the Fed for bad messaging and stock volatility
Economists are unhappy with persistently high inflation and how the Federal Reserve is addressing it. Since the start of 2022, the Fed has hiked interest rates eight times, most recently in February. ...
Mulberry Slams “Unviable” London, Blames Tax For Bond Street Closure
Britsh brand Mulberry has announced that it is to vacate its Bond Street store. (Photo by David M. … [+] Benett/Dave Benett/Getty Images for Mulberry) Dave Benett/Getty Images for Mulberry U.K. ...
SEC Chair Gary Gensler Blames Kraken for ‘Choosing’ Not to Follow the Law
The crypto industry uproar following the SEC’s crackdown on staking services has been heard far and wide—yet the agency’s chairman isn’t budging an inch. Speaking with CNBC’s Squawk Box on Friday, SEC...
Filecoin Creator Protocol Labs Lays off 21% Staff; Blames Market
Recent industry events and macroeconomic factors were stated as reason for the decision by CEO Juan Benet. Coinbase, Crypto.com, Gemini among others that laid off staff. Decentralized storage network...
BP Stock, Lagging Exxon, Blames Renewables, With Earnings Due
BP (BP) will report fourth-quarter financial results early Tuesday as it reportedly looks to shift away from renewable energy and return its primary focus to oil and gas production. BP stock edged low...
Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — here are 3 stock picks you shouldn’t snooze on if you agree
Home Depot co-founder blames ‘woke diversity’ for businesses failing to ‘hit the bottom line’ — here are 3 stock picks you shouldn’t snooze on if you agree After a rant on the rise of socialism ...
White House Blames Congress for Failure to Enact Crypto Regulations
The White House pointed the finger at Congress Friday for stalling on a comprehensive, national crypto regulatory framework, outlining numerous actions lawmakers could take to reign-in fraud and bad a...
Half Moon Bay Suspected Gunman Admits Shooting Co-Workers, Blames Mental Illness
Topline The 66-year-old man suspected of killing seven people earlier this week at two locations in Half Moon Bay, California, admitted to carrying out the massacre in a rare jailhouse interview Thurs...
Stablecoin Issuer Circle Blames SEC for Derailing $9B Plans to Go Public
Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The deal between Circle an...
Circle Blames US SEC for Failed $9B Spac Deal: FT
Circle, the company behind the USDC stablecoin, has blamed the US Securities and Exchange Commission (SEC) for its failed plans to go public. According to a new report by FT, the regulatory agency fai...
CEO Blames Bot Cyberattack For Website Crash In Congressional Testimony
Topline Live Nation President Joe Berchtold told members of Congress that “industrial scalpers” and a “cyberattack” caused the Taylor Swift ticket sales meltdown last year in testimony before a Senate...
SBF reveals his side of the FTX story, blames CZ, targeted attack against FTX
Former FTX CEO Sam Bankman-Fried (SBF) launched a Substack report in which he detailed his version of accounts of what happened at FTX. SBF claimed that “no funds were stolen” and attributed the colla...
Bankman-Fried blames Binance CZ’s ‘fateful tweet’ for FTX collapse
FTX cryptocurrency exchange founder Sam Bankman-Fried (SBF) has once again come out to explain what transpired in the run-up to the platform’s collapse alongside responding to allegations of fraud. I...
Magic Eden Blames Unsavory Pics on Third-Party Breach
Solana’s largest non-fungible token marketplace Magic Eden recently found itself in a bizarre situation after the platform displayed pornographic images and stills from the award-winning comedy series...
Santiment Feed Blames Declining Whale Interest For Ranging Bitcoin Prices
– Advertisement – Santiment Feed taps lack of whale interest as the cause of ranging Bitcoin prices. Santiment Feed has tapped waning whale interest as the reason for ranging Bitcoin price...
“A Deliberate Move” — Shark Tank Star Kevin O’Leary Blames Binance For FTX Collapse ⋆ ZyCrypto
Advertisement     Kevin O’Leary has roped Binance into the infamous FTX scandal, claiming that the exchange deliberately caused the collapse. He also called for incre...
Kevin O’Leary Blames Binance For Deliberately Causing FTX Collapse In Senate Testimony
Businesses and governments are still scratching their heads over the sudden collapse of FTX, Sam Bankman-Fried’s crypto empire. The crypto community and regulators are wondering what led to the abrupt...
McConnell Blames Trump For ‘Candidate Quality’ Problems In Disappointing Midterms
Topline Senate Minority Leader Mitch McConnell (R-Ky.) pointed the finger Tuesday at former President Donald Trump for poor Republican midterm election results, saying Trump “proved to be very d...
FTX CEO John Ray blames collapse on ‘inexperienced and unsophisticated individuals’ in testimony following SBF arrest
FTX CEO John Ray III Dec. 13 testimony to the U.S. Congress revealed that the bankrupt exchange commingled assets and stored wallets’ private keys without encryption. According to Ray, FTX’s collapse ...
SBF Blames FTX Bankruptcy Decision On ‘Pressure And Stress’
SBF FTX News: Sam Bankman-Fried is blaming the ‘hurried’ decision to file for bankruptcy on pressure from various people. While he had already said he was not really in favor of filing for bankruptcy,...
Sam Bankman-Fried Blames CZ For The FTX Collapse
Every day, the crypto ecosystem finds evidence of unethical practices by Sam Bankman-Fried. However, the former CEO of FTX and Alameda Research denies his responsibility for the sudden failure of his ...
FTX Founder Blames ‘Bad Legal Advice’ For Crypto Firm’s Bankruptcy
Topline Sam Bankman-Fried insinuated law firms looking for a massive payday contributed to cryptocurrency exchange FTX’s decision to file for bankruptcy last month, during a Monday morning interview w...
Pro-Crypto Lawmaker Blames Gary Gensler for FTX Collapse
Democrat Representative Ritchie Torres has asked the U.S. Government Accountability Office (GAO) to investigate whether the Securities and Exchange Commission and chair Gary Gensler should be held res...
Swyftx lays off 40% of staff, CEO blames FTX fallout
Australian cryptocurrency exchange Swyftx has announced it will lay off 40% of its workforce, or about 90 staff members, as a result of a worsening downturn in digital asset markets following the demi...
Coinbase Blames Apple For Disabling NFT Transactions
The dispute between Coinbase and Apple comes at a challenging time for the cryptocurrency exchange, whose shares have dropped by around 80 percent so far in 2022. In addition, the company has reduced ...