The National Police of Ukraine (NPU) has successfully taken down a network of call centers that targeted Ukrainian and European Union citizens who had been the target of cryptocurrency scams. Investig...
Tag: Bust
Chipmakers’ Pandemic Boom Turns to Bust as Recession Looms
(Bloomberg) — Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening ...
‘Ticking time bomb’—China’s real estate bust deepens as housing prices fall for 11th straight month
If you’re worried about the price of, say, your Floridian beachfront property sliding, be thankful it’s not in China. That real estate market, which propelled China’s rapid growth ever since the 2008 ...
Here’s Why Legalized Sports Betting In Massachusetts Is Already A Bust
Game On: Sports betting is now legal in Massachusetts, but implementation could take several months. MediaNews Group via Getty Images The gaming-heavy state became the 31st to legalize sports gambling...
A $10B hedge fund gone bust with founders on the run
Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt in this bear market. ...
Is China Headed for a Lehman-Style Crisis? This Property Bust Is Different.
Text size The downturn in China’s property market is unlikely to lead to a meltdown that triggers a financial crisis. STR/AFP via Getty Images China’s property slump and suffering economy is lea...
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...
Brazil police bust crypto gang tied to illegal mining scheme
The Federal Police of Brazil has carried out an operation against a criminal gang that allegedly used crypto tokens to launder money made from illegal gold mining. The suspects are charged with money ...
What the dot-com bust can teach us about the crypto crash
The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short run and a weighing machine in the long run. While Graham likely...
Brazilian Federal Police Bust Crypto Laundering Gang
Federal police in Brazil have captured a criminal organization accused of using cryptocurrency to launder funds generated from illegal gold mining. Under Operation Greed, some 60 search and seizure wa...
Brazil Police Bust Gang Using Bitcoin To Launder Money Made From Illegal Gold Mining
– Advertisement – Brazil’s anti-corruption agency has broken up a group accused of utilizing cryptocurrency to hide the proceeds of illicit gold mining. According to Reuters, On Thursday...
The PC sales boom has finally gone bust, and chip stocks are taking the hit
This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe...
Wall Street layoffs likely ahead as two-year hiring boom turns to bust
People walk by the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images Less than six months ago, Wall Street bankers were reaping the rewards from a historic boom in mergers and ...
Mike Novogratz Says Most Crypto Hedge Funds Will Go Bust
Alex Dovbnya Mike Novogratz has gloomy prediction for cryptocurrency-oriented hedge funds At the Piper Sandler Global Exchange and Fintech Conference, Galaxy Digital CEO Mike Novogratz forecasted that...
Polkadot’s [DOT] >36% rally may have gone bust now after…
The crypto-market lost $62 billion today as most cryptocurrencies registered a decline. However, Polkadot was one of the few to stand out as the altcoin lost more than just 5%. Polkadot, after three w...
Digital Euro CBDC plans rake up among stablecoin bust
Digital Euro CBDC debate among EU controllers has risen yet again They are utilizing the new Terra Luna circumstance to push forward with the same at the earliest Many will see the instability made ...
CBDC could pop up with UST going bust
UST circumstance could speed up discussions of a CBDC in the US Regardless of whether legislators settle on laying out a CBDC, there is still worry over construction and work The continuous TerraUSD i...
Coinbase sued over GYEN stablecoin going bust
Coinbase clients have sued the exchange over the advancement and exchanging of GYEN GYEN is a stablecoin that crashed recently and had the investors go crazy The claim targets both Coinbase and the g...
Security concerns for Do Kwon with Terra’s bust
TerraForm Labs CEO Do Kwon has mentioned police insurance as a measure of safety The allure came following a break-in at his condo in the Seongsu-dong locale of Seoul Neighborhood police affirmed the...
Meme Stock Euphoria Goes Bust as Group Drops to All-Time Low
(Bloomberg) — A basket of so-called meme stocks that took Wall Street by storm at the start of 2021 slumped to a record low this week, erasing the last vestiges of the retail-investor driven ral...
World’s Largest Child Abuse Site Brought Down in Monumental Bitcoin Bust – crypto.news
According to a recent press release, a network of child abuse offenders was identified and taken down by law enforcement. The bust is one of the crypto world’s most historical moments, as the perpetra...
Bitcoin Rollout in El Salvador Looks Like a Bust, Survey Finds
(Bloomberg) — Bitcoin is struggling to gain traction in El Salvador — the first country to accept it as legal tender — after many Salvadorans stopped using the government’s Bitcoin w...
The Boom and Bust Days of Bitcoin (BTC) Are Over, According to Fidelity Macro Analyst – Here’s Why
A macro analyst at a $3.3 trillion investment firm says the days of Bitcoin (BTC) skyrocketing over 1,000% and then crashing 80% are over. In a new Twitter thread, Fidelity executive Jurrien Timmer te...
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,...
Carvana Stock Tumbles as Analyst Sees Risk of Car Boom Becoming Car Bust
Text size An eight-story car-vending machine, operated by Carvana, in Huntington Beach, Calif. Mark Ralston/AFP via Getty Images Car sales have are slowing after their pandemic-fueled boom and have le...
Germany Seizes $25M in Bitcoin in Darknet Marketplace Bust
Key Takeaways German authorities have shut down the Russian darknet marketplace Hydra Market. According to a statement, the police have seized Hydra’s server infrastructure and confiscated aroun...
Biden’s New Budget Is A Dangerous Bust!
This segment of What’s Ahead lays out how stunningly unrelated President Biden’s proposed budget is to the real needs of the U.S. economy and how reckless it is for our defense necessities in an ever ...
Ethereum Double Bust Pattern! $2K or $4K? What’s Next For ETH Price – Coinpedia – Fintech & Cryptocurreny News Media
After a break of two months, most of the cryptocurrencies are back with an upward trend. On March 28, Ethereum price hit nearly $3,350 after the price increased by 30% in just two weeks and on January...
Does the Decline in NFT Sales Hint Back to 2018 ICO Bust?
One-third of NFT collections have been considered “dead” due to the minimal amount of transactions, according to crypto analytics firm Nansen. The firm continued that some of these NFTs have also drop...
Using a Video Game to Bust the Myths Around Cryptocurrency Trading
There are many common misconceptions in the world of cryptocurrency trading and they often get in the way of new entrants to the market. These myths are perpetuated by less-than-charitable media cover...