Arman Shirinyan Crypto community was hit with previously unseen streak of bearish news On March 10, the crypto market experienced a massive sell-off that wiped out billions of dollars of value in a ma...
Tag: Catastrophe
How An Arsenal FC Transfer Catastrophe Created Its Starboy
LEICESTER, ENGLAND – FEBRUARY 25: Bukayo Saka of Arsenal during the Premier League match between … [+] Leicester City and Arsenal FC at The King Power Stadium on February 25, 2023 in Leice...
A potential stock-market catastrophe in the making: Risky option bets put Wall Street on edge
Professional and amateur traders are flocking to a risky type of equity option that some have likened to lottery tickets, drawn by the opportunity to reap massive returns in the span of just a few hou...
Fed Official Warns U.S. Debt Default Would Be ‘Catastrophe’ As Bank Of America Gears Up For The Worst
Topline Federal Reserve official Neel Kashkari on Tuesday reiterated the Treasury’s concern over the nation’s looming debt ceiling crisis, and though he’s unsure how likely a potenti...
Biden Attacks GOP Fiscal Policies As ‘Chaos And Catastrophe’ In First Economic Speech Of 2023
Topline President Joe Biden accused “extreme MAGA Republicans” of backing policies that threaten to drive up inflation and taxes for the middle class—and highlighted his own economic record—in a speec...
Circle CEO highlights silver lining amid FTX catastrophe
Jeremy Allaire, co-Founder and CEO at Circle, shared his thoughts on the state of the market following FTX during the World Economic Forum in Davos, Switzerland. Jeremy Allaire on the positive consequ...
U.S. debt ceiling fight is a potential ‘financial catastrophe’
Expect financial market and economic chaos to ensue if U.S. lawmakers don’t find a resolution on the debt ceiling this time around. “If there was even a temporary default on the U.S. debt,...
With The Lachin Corridor Blockage, Nagorno-Karabakh Close To A Humanitarian Catastrophe
On December 27, 2022, UNICEF issued a statement warning about the deteriorating humanitarian situation in Nagorno-Karabakh, the result of the virtual closure of the Lachin Corridor, a road that links ...
Shares of Chinese funeral company rise as Covid infections leap
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomb...
Bitcoin miners took on billions in debt to ‘pump their stock’—leading to a crypto catastrophe
The phone just won’t stop ringing, beams Zach Bradford, the CEO of Bitcoin mining company CleanSpark. The calls are from other mining bosses—and they’re panicking. After Bitcoin crashed and energy cos...
A Decade of Spotting Fraud, Fighting Scams, and a Fitting Closer – The SBF/FTX Catastrophe
The blockchain space continues to grow in popularity and relevance. It is now a bonafide sector of global finance, with terms such as ‘crypto’ and ‘DeFi’ becoming mainstream topics on global news netw...
Catastrophe reinsurance set to soar after year of extreme weather, industry warns
Property catastrophe reinsurance premiums are about to soar as some companies have been forced to leave the market after another year of extreme weather, the industry has warned. The market, which pay...
FTX Catastrophe Likely Triggered By Terra Collapse: Nansen
Blockchain analytics firm Nansen says that there was never a clear delineation between FTX and Alameda Research, and that FTX’s strategy for keeping Alameda afloat started to come apart around t...
The collapse of FTX: the worst crypto catastrophe
There are still many unanswered questions in the collapse of Sam Bankman Fried‘s popular cryptocurrency exchange, FTX. This episode, however, has seriously dented confidence in the industry and encour...
In spite of FTX catastrophe, Bitcoin whales lead aggressive accumulation phase
The events of the past week have led to significant sell pressure across the crypto market. Since FTX insolvency rumors broke on Nov. 6, peak outflows saw $270 billion leave the market. Despite the be...
Sam Bankman-Fried’s Net Worth Goes to Zero As Crypto Catastrophe FTX Files for Bankruptcy
Embattled crypto exchange FTX is filing for bankruptcy as its founder resigns from his role as the firm’s chief executive. In a new press release, FTX says it is filing for Chapter 11 bankruptcy while...
Wall Street sees tightening of regulatory screws after FTX crypto catastrophe
Wall Street may not have seen the FTX debacle coming, but veterans of traditional finance recognize that once the dust settles there will be a new crypto paradigm. “Wall Street is clearly spook...
Lehman Brothers 2.0 Situation May Cause Another Catastrophe on Crypto and Financial Markets
Contents What’s happening? How will it affect crypto market? The black swan no one expected potentially appeared on the market after the crypto and financial community sparked a series of discus...
Shiba Inu Reaches Dangerous Level, Catastrophe Might Be Ahead
Arman Shirinyan Despite most recent recovery, Shiba Inu is facing some serious troubles on market Following the successful Ethereum Merge, most altcoins that are not tied to Ethereum in any way and ca...
Bitcoin mining and warming toward catastrophe?
Recent research by BanklessTimes claims that Bitcoin mining could raise the global temperature by 2 degrees by 2040. However, there is a glaring error in the reasoning behind this projection. The Ba...
Voyager Gets Pulled In Storming Market’s Catastrophe
Market News The Voyager has halted its operation from July 1, 2.00 PM ET. The 3AC has a default of around $646 million to Voyager, in terms of BTC and USDC. Another crypto firm got halted this week, V...
Solana (SOL) Could Face Catastrophe in Foreseeable Future, Here’s Why
Arman Shirinyan Solana’s future looks shady after series of scandals on network and big centralization problem The whole story with the “exemption” of a whale on Solend platform shoo...
Synthetix (SNX) Price Surges 65% in Last 24 Hours Despite Catastrophe
21 mins ago | 2 mins read Altcoin News The token’s 24-hour trading volume has grown by more than 1,200 percent. This fast increase in SNX is backed by the rising daily network traffic due to its new r...
Kremlin Ousts Official Who Called Ukraine War A ‘Catastrophe’
Topline The Kremlin dismissed Natalia Poklonskaya from her government role Monday, just weeks after she became one of the few Russian officials to criticize its ongoing invasion of Ukraine in the late...
Ethereum’s Dip to $1,150 May Cause Catastrophe on Lending Market, Here’s How
Arman Shirinyan Ethereum is in dangerous position as lenders may face massive cascade of liquidations worth approximately $500 million According to blockchain insider Colin Wu and Parsec Finance on-ch...
Skirting Russian Black Sea Blockade To Feed The World’s Hungriest Is Mission Of Yemen’s Biggest Company
Yemen’s civil war has killed hundreds of thousands and left many of the survivors without enough to eat. Now, Russia’s blockade of Ukraine’s food exports has made it even harder for the world’s hungri...
Tron Aspires To Avoid A Terra Like Catastrophe
TRON is currently 64.72 percent away from reclaiming its previous all-time high of $0.231673, which it set back in 2018. After The Verge revealed that the Tron creator was purportedly being investigat...
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Bill Miller the billionaire founder and chief investment officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appe...
ETFs For A Global Food Catastrophe
A global food crisis may be coming, but some ETFs can help successfully navigate the potential fallout. Russia’s invasion of Ukraine has rattled the world in more ways than one with troubling issues o...