The cryptocurrency regulatory uncertainty in the United States has impacted almost all firms and exchanges in this space over the past few months. Over 2,000 job cuts in the crypto industry have happe...
Tag: Claims
This Crypto Security Firm Claims Blockchains Are At Risk Of Exploits
Cryptocurrency exploits have become one of the growing menaces against the advancement and adoption of digital assets. Over the years, the industry has suffered huge losses through several exploits on...
Base not a ‘monetization scheme,’ claims Coinbase CEO Armstrong
Coinbase CEO Brian Armstrong addressed Base in a recent podcast Armstrong confirmed that the layer 2 blockchain has no plans to issue a token Coinbase CEO Brian Armstrong recently appeared in a podcas...
CNBC host Jim Cramer claims Bitcoin is being “manipulated up”
Ad Despite Bitcoin (BTC) price surging +10.34 in the last 24 hours, Jim Cramer claimed that BTC is being “manipulated up.” On the heels of bailouts of SVB and Signature — two major lenders in the U.S....
U.S. President Biden Claims Investors Of Affected Banks Will Not Be Bailed Out
After the failure of Silicon Valley Bank and Signature Bank, which threatened to set off a more widespread crisis, U.S. regulators were forced to step in with a series of emergency measures. In respon...
Federal Trade Commission Aims To Bring Down The Hammer On Those Outsized Unfounded Claims About Generative AI ChatGPT And Other AI, Warns AI Ethics And AI Law
FTC (Federal Trade Commission) renews its vow to go after purveyors of AI that are making false or … [+] misleading claims. getty Bring down the hammer. That’s what the Federal Trade Commission ...
XRP Lawyer Backs Ethereum Over Security Claims
XRP News: The latest lawsuit against the KuCoin crypto exchange has spiked the uncertainty around Ethereum (ETH), world’s second largest crypto, nature. However, Attorney fighting for XRP holders in t...
Solana (SOL) Doesn’t Have Any Long-Term Value, Cyber Capital CIO Claims
Justin Bons, Cyber Capital founder and CIO, has taken to Twitter to voice his latest criticism of the Solana blockchain. Bons says he does not see the point of Solana’s blockchain in the long te...
MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam
Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VT...
Cardano Founder Mocks Claims of Lack of Interest in Cardano NFTs
Cardano Founder Responds to Claims of Low Interest in Cardano NFT. Hoskinson’s sarcastic response comes on the back of NFT.NYC’s decision to move the Cardano NFT panel to the waitlist, citing low inte...
Wall Street Optimistic of US Jobs Data Despite Uptick in Claims
Wall Street predicts steady job growth and a lower unemployment rate for February. Nonfarm payrolls are expected to increase by 205k, with projected annual wage growth of 4.7%. Any significant deviati...
Google over-hired talent to do ‘fake work’ and stop them working for rivals, claims former PayPal boss, Keith Rabois
The thousands of layoffs in Big Tech are thanks to an over-hiring spree to satisfy the “vanity” of bosses at the likes of Meta and Alphabet, according to a member of the so-called PayPal M...
Binance CEO Changpeng Zhao Responds To CCP Affiliation Claims
U.S. Congresswoman Stacey Plaskett recently called Changpeng Zhao a Chinese national during a House Subcommittee hearing. Crypto influencers took issue with CZ’s characterization, implying that the Bi...
NY Attorney General Sued KuCoin & Claims Ethereum is a Security
15 seconds ago | 2 mins read Exchange News Crypto Exchange KuCoin sued by NYAG. NYAG stated Ethereum is a security. The leading crypto exchange KuCoin is being sued by the New York Attorney General’s...
Mexican Drug Cartel Reportedly Claims Responsibility—And Apologizes—For Abducting And Murdering Americans
Topline Members of a Mexican drug cartel purportedly penned a letter apologizing for kidnapping four Americans and killing two of them last week, and claimed that the individuals responsible for the v...
New York Attorney General Sues KuCoin, Claims Ethereum Is a Security
The New York Attorney General’s office today filed a lawsuit against cryptocurrency exchange KuCoin for allegedly violating securities and commodities laws in the state. In the complaint, Attorn...
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York laws governing the trading of securities and commodities, and named ether, among other tokens, as ...
Creditors of Mt. Gox Get One Month Extension For Registering Claims
7 seconds ago | 2 mins read Exchange News Asset distribution to creditors will now begin on October 31st, not September 30th. After the 2014 hack of the exchange, creditors have been waiting patiently...
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
Mt. Gox was a cryptocurrency exchange that was situated in Tokyo. At one point in time, it was responsible for more than 70% of all Bitcoin transactions. In 2014, the exchange suffered a hacking attac...
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...
Mt. Gox Creditors Can Now file For Claims Until April
In a recent development, the Rehabilitation Trustee has pushed the registration deadline for claims against Mt. Gox for another month. The deadline was initially set for March 10 but will now be April...
Dow Jones Rallies 175 Points On Surprise Jump In Jobless Claims; Silvergate Crashes 40%
The Dow Jones Industrial Average briefly rose 175 points Thursday after the Labor Department’s surprise jump in first-time jobless claims. The price of Bitcoin declined 2% Thursday, as crypto ba...
Stocks open higher after weak initial claims data
Stocks opened Thursday’s trading session higher following labor market data that was weaker than expected and ahead of Friday morning’s key February jobs report. Shortly after the opening ...
Jobless Claims Unexpectedly Rise To 2023 High As Fed Hikes Threaten New Waves Of Layoffs
Topline New weekly jobless claims rose to the highest level of the year last week despite projections they would remain near historically low levels—signaling more waves of layoffs could be on the way...
U.S. Jobless Claims Record Highest Weekly Increase; Bitcoin Price Jumps
According to the U.S. Bureau of Labor Statistics’ most recent data on the country’s unemployment growth, the initial jobless claims jumped to 211,000 in February. Although this is more than the 190K c...
Mt. Gox Victims Hack Get More Time to Register Claims and Receive Payouts
Mt. Gox`s claim registration deadline has been extended from March 10, 2023, to April 6, 2023. Accordingly, the repayments deadline has been extended from September 30, 2023, to October 31, 2023. 142k...
Who’s Winning Its Claims Over XRP, SEC Or Ripple?
XRP Lawsuit News: U.S. Securities and Exchange Commission (SEC) launched legal battle against Ripple Labs is heading toward its final phase. The digital asset market firms and leaders have been eagerl...
Trevor Bauer’s Legal Blitz Of Defamation Claims Has So Far Yielded Zero Victories
Trevor Bauer, pictured in 2020 when he was a member of the Cincinnati Reds. MLB Photos via Getty Images In the end, Roger Clemens’ years-long legal war with his former trainer Brian McNamee ended in q...
JPMorgan Ends Relationship With Gemini, Claims Report
Wall Street titan JPMorgan Chase & Co. will reportedly sever its banking relationship with crypto exchange Gemini, a person familiar with the matter said. The bank started its relationship with Ne...
Mt. Gox Creditors Have Until Friday to File Repayment Claims
Nobuaki Kobayashi, the Rehabilitation Trustee for collapsed Japanese Bitcoin exchange Mt. Gox, told former customers that they have until Friday to register their claims for repayment under the rehabi...