Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Tag: Blames
Twitter Blames Elon Musk Buyout “Uncertainty” for Missed Q2 Earnings Numbers
Twitter announced its Q2 2022 financial results on Friday, revealing lower-than-expected numbers for revenue, earnings, and user growth. When naming reasons for the slowdown, the company placed partia...
Twitter Posts $270 Mln Quarterly Loss; Blames Elon Musk
Twitter reported a staggering decline in its revenue as the social media giant gets into the legal tussle with the world’s richest man, Elon Musk. Twitter share down by 12% over past 6 months Accordin...
Twitter misses Q2 expectations, blames economy and Musk
Twitter (TWTR) reported its Q2 earnings before markets opened Friday, falling short of analysts’ expectations, amid the backdrop of company’s impending court battle with Tesla (TSLA) CEO E...
Coinbase Falling Trade Volume Hits Ranking; CEO Blames Fast Growth
As broader headwinds pull down the crypto market, Coinbase Global is reportedly slipping off the global list of the top 10 digital asset exchanges by volume. Bloomberg cited data by Mizuho Securities ...
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
Celsius Network has filed for Chapter 11 bankruptcy protection in the Southern District of New York, and in the process lifted the lid on a mammoth $1.2 billion hole in its finances. According to the ...
Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there. China’s news giant Tencent has reportedly closed ...
The insidious monetary system that blames its ills on crypto
From the Federal Reserve, to the European Central Bank, to the Bank of England, the narrative remains strong. Cryptocurrencies are bad, and they may even spill over into mainstream finance, possibly c...
Legendary Financier Bill Gross Blames These Two Factors for Inflation
For several weeks now, consumers have been taken in by a bad surprise. When they arrive at the checkout, the bill for their groceries has risen sharply and is nothing like the cost of the same produc...
3AC Co-Founder Reappears, Blames Liquidators for ‘Baiting’
Su Zhu, the co-founder of Three Arrows Capital (3AC), has reappeared guns blazing and faulted liquidators’ accusations that he refused to cooperate with them. Zhu had disappeared following the hedge f...
3AC co-founder returns to Twitter, blames liquidators for “baiting”
Su Zhu, co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC), returned to Twitter after nearly a month of inactivity. In another cryptic tweet, he blamed liquidators fo...
Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default
Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to rep...
Crypto Market Can Slump More; Pantera Capital CEO Blames Fed
Dan Morehead, CEO of Pantera Capital has come forward to call out U.S. Federal Reserve for building a huge tragedy for the global cryptocurrency industry. He mentioned that Fed has created a self-infl...
FTX CEO blames Fed Reserve for bear market, will step in to prevent ‘contagion’
? Want to work with us? CryptoSlate is hiring for a handful of positions! FTX CEO and founder Sam Bankman-Fried (SBF) said the downturn in the crypto market is driven by the aggressive rate hikes intr...
Sam Bankman-Fried blames Feds for the crypto downturn
Sam Bankman-Fried, CEO of FTX, alleges that the Feds are driving the crypto downturn. The last few weeks have seen cryptos collapsing. The wealthy merchant told the media that the Fed is raising inter...
Ghislaine Maxwell Blames ‘Narcissistic’ Billionaire Father For Involvement With Epstein
Topline Lawyers for Ghislaine Maxwell asked a federal court for leniency in a memo filed Wednesday two weeks before Maxwell is set to be sentenced, blaming childhood trauma and abuse from her “narciss...
Jake Paul Blames Joe Biden for ‘Plummeting Crypto Prices’
Serial crypto scammer Jake Paul has blamed US President Joe Biden for a laundry list of economic ills, including high inflation and plummeting crypto prices. According to Paul, who took to Twitter to...
Co-founder of BAYC blames Discord over user exploits
Gordon Goner, the Bored Ape Yacht Club NFT collection co-founder, has attacked Discord after the servers were exploited. During this exploitation, non-fungible tokens valued at 200 ETH were stolen fro...
Cerebral CEO Blames Market Conditions For Impending Layoffs As Company Faces DOJ Investigation
Cerebral CEO and chief medical officer David Mou. Cerebral Cerebral CEO David Mou seemed to create more confusion over planned layoffs at the mental health startup during a Friday town hall, where he ...
Terra Insider Blames Do Kwon Of Rising Through ‘Nepotism’
Although Terra chief executive officer Do Kwon launched the new Luna 2.0, the project seems to have lost its trust. Even the launch of the new blockchain came amid much debate on Do Kwon investment af...
Gemini Cuts Staff By 10%, Blames “Crypto Winter”
Key Takeaways Crypto exchange Gemini announced today that it would be cutting approximately 10% of its workforce. The exchange cited the prolonged crypto downturn and the “macroeconomic and geop...
Celsius CEO blames malicious actors for troubles at the firm
Celsius users are up in arms over the company’s faltering performance, specifically, the CEL token’s shortcomings during the recent market turbulence. But CEO Alex Mashinsky laid the blame squarely on...
Coinbase CEO Blames RBI for Botched India Launch Coinbase CEO Blames RBI for Informal Pressure for Botched India Launch
Coinbase Co-founder and CEO Brian Armstrong squarely blamed the Reserve Bank of India (RBI) for employing “informal pressure” and denying the Unified Payments Interface (UPI) services that led to Coin...
Yuga Labs Botches NFT Drop With Bad Code, Blames Ethereum
Key Takeaways Yuga Labs’ Otherdeeds NFT drop has cost minters $165 million in fees. Gas wars and unoptimized smart contract code resulted in minting costing upwards of $7,000. In response, Yuga ...
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin – Economics Bitcoin News
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed preside...
Waves Founder Blames Short Sellers for Its Woes. Here’s Why That’s a Red Flag
According to Jeff Dorman at crypto asset management firm Arca, the chaos may have already increased short pressure rather than easing it. Institutions and hedge funds uninterested in holding WAVES on ...
‘Lock Him Up’ Chants Break Out At Trump Rally As Perdue Falsely Blames Georgia Gov. Kemp For Voter Fraud
Topline Former Sen. David Perdue (R-Ga.) riled a crowd of former President Donald Trump’s supporters into “lock him up!” chants at a rally Saturday night after falsely accusing Gov. ...
ADBE Stock Down 9% despite Record Revenue in Q1 2022, Adobe Blames War in Ukraine
For Q1 of the fiscal year 2022, Adobe reported revenue of 4.26 billion. The figure represented a growth of 9% year over year. Adobe Inc (NASDAQ: ADBE) stock slipped over 9% on Wednesday to close the d...
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry – Economics Bitcoin News
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to m...
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ – Economics Bitcoin News
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year h...