Alex Dovbnya Binance, one of world’s largest cryptocurrency exchanges, has announced conversion of remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurr...
Tag: Blow
Signature Bank Announces Shutdown In Another Blow to Crypto
In another major blow to the crypto industry, regulators announced the shutdown of yet another crypto-friendly bank aka Signature Bank. The collapse of Silicon Valley Bank (SVB) last week has already ...
Signature Bank Closure Deals Another Blow to Crypto Industry
(Bloomberg) — The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut...
Silicon Valley Bank Collapse Is A Blow To Clean Energy Tech, Regardless Of What Happens In The Next 24 Hours
On March 10th Silicon Valley Bank (“SVB”) failed. Since that time there has been a lot of shouting from all sides on what type of economy and banking system should exist and how that should inform the...
Silvergate Shutters in Latest Blow to Crypto
The collapse of Silvergate Bank is dragging down bitcoin volume. CryptoQuant data shows that transfer volume, denominated in BTC, is down 35% over the last 24 hours. At the same time, the total number...
Dogetti presales blow up – The Cryptonomist
SPONSORED POST* The crypto presale mania is going crazy! Dogetti (DETI), Metacade, and RobotEra, cumulatively, have raised around $11,000,000 in a span of just five weeks! Now that’s a lot, isn’t it...
Why This Influencer Believes What Follows 2024 Bitcoin Halving Will Blow People’s Minds
With the bear market deepening and causing ups and downs in the Bitcoin market every now and then, the piecing together of significant adoption news to come up with a conclusion that maybe the bear se...
The loss of a major shareholder delivers another blow to Credit Suisse
Stakes are changing hands. Once Credit Suisse’s largest shareholder, Harris Associates no longer holds any stock in the Swiss bank, which warned of losses for this year and witnessed unprecedented cli...
London Stock Exchange (LSEG) could suffer a $60 billion blow
The London Stock Exchange (LON: LSEG) share price remained under intense pressure after concerns that it could miss a $60 billion listing. The stock retreated to a low of 7,440p on Wednesday, which wa...
Continued Sanctions On Russia “Unlikely To Deliver A Knockout Blow,” Think Tank
A view of the Kremlin’s Spasskaya tower and St. Basil’s cathedral taken during the last day of the … [+] three-day parliamentary and local elections in Moscow on September 19, 2021. ...
Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge compet...
Investors Stung by Treasuries Rout Brace for Next Blow From Fed
(Bloomberg) — A swift reassessment of how high the Federal Reserve will raise interest rates this year has rocked the bond market in recent weeks. Now, the market faces a bigger threat: the grow...
Norway’s crypto bust deals blow to North Korean hackers
Norway’s economy crimes unit, Økokrim, just pulled off a digital heist of their own by seizing a whopping NOK 60 million (or $5.9 million) in cryptocurrency. This breakthrough comes as part of their o...
Why January’s CPI report could deal a massive blow to the stock market
The stock market’s start-of-year rally is poised to fizzle if a highly-anticipated U.S. inflation report on Tuesday dashes hopes for a quicker retreat in the cost of living in America, warned market a...
Binance USD Given Fatal Blow by U.S. Regulator
Key Takeaways Paxos will stop minting new BUSD tokens starting February 21. The decision came following new instructions from the NYDFS. The SEC is also reportedly planning on suing the company. Share...
Billionaire Drops Australia Coal Mine Appeal in Blow for Sector
(Bloomberg) — Australia’s A$133 billion ($92 billion) coal export sector suffered another blow after billionaire Clive Palmer’s Waratah Coal Inc. withdrew an appeal to open what would have been ...
Ethereum (ETH) Price Prediction 2025-2030: Despite Kraken blow, ETH remains undeterred
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. At press time, the price of Ether...
S&P 500: Think Chevron’s Profit Was Obscene? 5 Companies Will Blow It Away
Chevron‘s (CVX) giant $36.5 billion 2022 profit certainly turned heads — including at the White House. But plenty of S&P 500 companies will make even more than the oil giant. X The bulk of S...
Lethal Blow? A Web3 Game Inspired By D&D Changes Direction Due To The NFT Ban
Join Our Telegram channel to stay up to date on breaking news coverage Many fans and content producers were horrified by what they perceived to be restrictions that may restrict their freedom to produ...
Digital Surge Crypto Exchange Survives Bankruptcy After FTX Blow
Creditors have approved the rescue plan of Australian company Digital Surge, preventing the crypto platform from going out of business. Reports noted that founders Josh Lehman and Daniel Rutter propos...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner – Exchanges Bitcoin News
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Depa...
Alameda Liquidators Suffer Massive $11.5M Blow in Just 2 Weeks
On January 13, the liquidators of Alameda Research lost $72,000 worth of digital assets as they were attempting to consolidate money into a single wallet on Aave. The liquidators made an effort to set...
The storm has passed, but bitcoin mining difficulty is about to blow through the roof
Bitcoin miners are bracing for a massive jump in difficulty this weekend. The increase could land somewhere around 10%, according to estimates from BTC.com, Bitrawr, Luxor and Braiins. Numbers c...
Sacking Graham Potter Would Blow Up Todd Boehly’s Plan For Chelsea
LONDON, ENGLAND – JANUARY 12: Graham Potter, Manager of Chelsea, reacts during the Premier League … [+] match between Fulham FC and Chelsea FC at Craven Cottage on January 12, 2023 in Lond...
Coinbase faces another blow as it winds down most Japanese operations
Coinbase is winding down the majority of its operations in Japan. A few employees are being retained to ensure the safety of customer assets. American crypto exchange Coinbase Inc. will shut down most...
Coinbase Strikes a Massive Blow to Bankman-Fried and FTX
Coinbase Chief Executive Brian Armstrong does not mince words. Nearly two months after rival Sam Bankman-Fried’s empire went bankrupt, he’s just delivered a massive blow to what until rec...
U.S Prosecutors Probe Former FTX Engineer Nishad Singh; a Huge Blow To SBF?
United States federal prosecutors in Manhattan are closing in on SBF’s inner circle with the latest being Nishad Singh, a high-profile FTX director of engineering. If found guilty, Singh could be char...
In another blow to Celsius, Core Scientific shuts down 37,000 mining rigs
Core Scientific has shut down 37,000 mining rigs that were hosted for Celsius. The Bitcoin miner’s share price has jumped over 81% following this decision. Bitcoin [BTC] mining firm Core Scientific ha...