The stock market closed lower for the third day in a row on concerns that 2023 could bring a global recession and that central banks will continue to aggressively raise rates. Striking workers at Star...
Tag: Concerns
Microsoft Cites Safety Concerns for Cloud Service Customers—Bans Crypto Mining
Microsoft put a ban on its crypto mining operations. Recently the operating system giant reported a halt given the security of its other services. Majorly, the company anticipates safeguarding its clo...
FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert – Interview Bitcoin News
The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legit...
Terra Classic Core Developer Debunks Oracle Pool Doomsday Narrative, Proposes Solution To Concerns
– Advertisement – Kim believes that the Oracle Pool will last longer than the 2-year window many predict. In a Medium blog post released yesterday, Terra Classic core developer Edward Kim ...
Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?
Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) repo...
Binance outflows slow down despite audit concerns
Binance’s customer outflows appear to be slowing, according to blockchain data from two digital-asset analytics firms. That means that despite the FUD going on, some still believe in CZ and Binance. ...
Researchers use zero-knowledge to address privacy, AML concerns in stablecoins
Researchers from German crypto blockchain-based payments fintech etonec and other organizations have proposed using zero-knowledge proofs to ensure regulatory compliance and privacy in stablecoins. Th...
Binance Stablecoin BUSD Isn’t Fully Regulated, Concerns Ahead
(Stablecoin) Binance-Peg BUSD is a Binance product but is not issued by Paxos nor regulated by the New York State Department of Financial Services. Only ERC20 BUSD is issued by Paxos and regulated in ...
Binance CEO brushes off $2.1 billion FTX clawback concerns
Binance chief executive Changpeng “CZ” Zhao dismissed concerns that his company could have $2.1 billion clawed back as a result of FTX’s bankruptcy proceedings, in an appearance on S...
Zero-knowledge proofs could solve CBDC privacy concerns, research shows
Deploying zero-knowledge proof cryptography could allow for “trustless privacy” in a central bank digital currency (CBDC), according to new research, addressing a major area of concern for...
Senators voice broader concerns around crypto, including Binance
Senate lawmakers are taking a closer look at Binance in the wake of FTX’s collapse, with a hearing today frequently touching on the off-shore exchange while senators also expressed broader conce...
Citi Downgrades Robinhood Stock to Neutral, Cites FTX Fallout Concerns
Citi downgraded Robinhood Markets (HOOD) stock to ‘Neutral’ from ‘Buy’ due to potential risks from upcoming market structure proposals by the United States SEC, a cautious equity market outlook, and t...
Alabama Latest State To Ban The App Amid Security Concerns
Topline Alabama Gov. Kay Ivey (R) banned TikTok on government-issued devices in a memo sent Monday to state agency heads, the latest in a surge of states pushing to ban the app—owned by Chinese firm B...
Concerns over Binance’s asset reserves spur massive withdrawals
Binance, the biggest crypto exchange by trading volumes, had a deluge of withdrawal requests on Monday after the proof-of-reserves (PoR) news caused widespread panic. Nansen, a blockchain intelligence...
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance, the world’s largest crypto exchange by trading volume, endured a wave of withdrawals on Monday amid concerns about its proof of reserve report. Net outflows, the difference between the value ...
Binance Reserves Report Dissected As Exchange Quells Concerns
Mainstream media has been on a crypto rampage this year following several high-profile company meltdowns. The Wall Street Journal has been at the forefront of some of those attacks. Its latest attempt...
CZ addresses concerns over investigation into ‘abnormal price movements’ on Binance
Changpeng Zhao (CZ), the CEO of Binance, has addressed concerns surrounding the investigation into “abnormal price movements” for some trading pairs on the exchange. Based on our investigations so far...
Binance Refutes 3Commas Hack Concerns Over Big Altcoin Buys
Binance 3Commas Hack News: While it is an encouraging sign for altcoins, the latest big buys on Binance was a point of concern for the crypto community. This is due to concerns over a potential Binanc...
Bitcoin Lingers Above $17,000 Amid Macroeconomic, Recession Concerns For 2023 ⋆ ZyCrypto
Advertisement     On Saturday, Bitcoin continued to trade above $17,000 albeit flatly, after recapturing that price mark in late November. At press time, the top crypt...
RBA Concerns Over Impact on Banks After Aussie CBDC Rollout
Australian CBDC will be used for e-commerce and government bills. The concept of CBDC became popular after the increased user base of cryptocurrencies. Some countries have already launched their CBDCs...
Bitcoin, Ethereum, Dogecoin Dip Along With Stocks as Recession Concerns Loom
Bitcoin dipped Wednesday after negative news from bank bosses caused investors to shift risk assets. The largest cryptocurrency by market cap was trading for $16,813 at the time of writing, according...
Carvana shares tank as bankruptcy concerns grow for used car retailer
Ernest Garcia III, CEO of Carvana, speaks to CNBC on the floor of the New York Stock Exchange, March 7, 2019. Brendan McDermid | Reuters Shares of Carvana plummeted by more than 40% in Wednesday morni...
Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
NBA Hall of Famer Scottie Pippen is stepping into the metaverse with only shoes he can fill, or in this case, drop on OpenSea. Yes, we’re talking about Pippen Sneaker NFTs! The legendary basketb...
Capitol Police Chief Says Failures That Led To Jan. 6 Have Been ‘Fixed’—But Concerns Remain Over Extremist Groups
Topline U.S. Capitol Police Chief Tom Manger said Monday failures that led to the January 6 riots have “largely been fixed” but warned that extremist groups involved in the attack remain a threat, in ...
Maple Finance severs ties with Orthogonal Trading over insolvency concerns
Institutional crypto lending protocol Maple Finance has moved to end all its business deals with Orthogonal Trading over concerns that the latter is “effectively insolvent.” Maple Financial lending pa...
Silvergate CEO Attempts to Address Concerns in Public Letter
Citing “speculation – and misinformation – being spread by short sellers and other opportunists trying to capitalize on market uncertainty,” Silvergate Capital (SI) CEO Alan Lane in a publ...
Tether Founder Responds To Concerns Over Not Publishing USDT Reserves
Following the crypto winter in the first half of 2022 and the collapse of the Terra ecosystem, many investors had a paradigm shift with stablecoins such as Tether. Unfortunately, too many such coins h...
Disappointing Nowcasts For Upcoming Inflation Highlight Fed’s Concerns
Federal Reserve Chair Jerome Powell speaks at the Hutchins Center on Fiscal and Monetary Policy at … [+] the Brookings Institute on Wednesday, Nov. 30, 2022, in Washington. (AP Photo/Nathan Howa...
Top 10 crypto fall as BlockFi enters bankruptcy, macroeconomic concerns spread
Bitcoin and Ether fell in Tuesday morning trading in Asia as U.S.-based crypto lender Blockfi filed for bankruptcy overnight in what is seen as another casualty of the collapse of the FTX exchange thi...
Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan
Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...