The decentralized lending protocol AAVE has temporarily disabled its lending markets for multiple Ethereum-based tokens facing excess volatility and low liquidity. The 17 frozen assets include various...
Tag: Concerns
Adidas employees raised concerns about Ye’s conduct for years, report says
Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a ...
Singapore’s parliament raises governance concerns following FTX collapse
The FTX contagion made its way into Singapore and its parliamentarians cannot come to terms with the fact that their government failed to protect its citizens. The lawmakers are now calling for transp...
The Disney CFO Who Raised Concerns About Bob Chapek Has Respect on the Street
Christine McCarthy, Walt Disney Co. ’s longtime finance chief, took an unusual step when she expressed a lack of confidence in the chief executive to directors of the entertainment giant. Finance chi...
Cardano-based Stablecoin Project Ardana Halts Development Citing Funding Concerns
Cardano-based DeFi project Ardana Labs announces abrupt shutdown citing uncertainty in the project timeline. On Thursday, November 24, the Carano-based decentralized finance (DeFi) project and stablec...
Growing ETFs Might Manipulate the Bitcoin Supply and Price, Experts’ Concerns
Exchange Traded Funds (ETFs) remained one among the most popular methods of trading the assets class. Following the emergence of the first cryptocurrency bitcoin (BTC), it also got the same treatment ...
Is the Binance SAFU Fund Safe? Willy Woo Raises Concerns
Following the FTX and Alameda implosion, Willy Woo – a famous Bitcoin on-chain analyst – has raised concerns over the Binance insurance fund. According to Woo, Binance’s use of BNB coin as part of the...
FTX stake in US bank raises concerns about banking loopholes
The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks f...
Willy Woo Raises Concerns On “BNB-Backed” Binance SAFU Fund
Popular on-chain analyst Willy Woo raised concerns over Binance’s Secure Asset Fund for Users (SAFU) Insurance Fund. He believes it’s not safe to put “incidence-correlated BNB” in the SAFU fund. Willy...
Global Oil Market Flashes Warnings as Demand Concerns Spike
(Bloomberg) — The global oil market keeps sending up flares on the outlook for weaker demand. In the latest, a closely-watched gauge of Asian crude consumption tumbled to a seven-month low as su...
Twitter Reportedly Leaves Brussels—Europe’s Regulatory Hub—Amid Concerns About Musk’s Content Moderation Plans
Topline Twitter has closed its entire office in Brussels, according to the Financial Times, cutting ties to one of the world’s most important regulatory hubs as fears grow the firm will struggle to mo...
Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures
Tesla Inc. TSLA, -6.84% shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China’s COVID lockdowns were back to the f...
UnitedHealth, Cigna stocks fall after Raymond James downgrades, citing tripledemic and policy concerns
Shares of UnitedHealth Group Inc. UNH, -1.69% fell 0.5% and Cigna Corp. CI, -0.43% slumped 2.3% in premarket trading Monday, after Raymond James analyst John Ransom downgraded the health insurers, cit...
Grayscale Declines Providing Proof-of-Reserve Citing Security Concerns
The company recognized that some investors will be disappointed. During the recent Binance-FTX transaction debate, it was CZ who first mentioned it. Following the demise of crypto behemoth FTX, CZ has...
Grayscale Says No To Proof Of Reserves For Security Concerns
After the collapse of crypto giant FTX, crypto exchanges are rushing to audit their reserves under the influence of CZ, CEO of Binance, who first floated the idea of Proof-Of-Reserves. However, there...
Grayscale won’t share proof of reserves, citing ‘security concerns’
Crypto investment firm Grayscale won’t show proof of reserves after bitcoin and ether products fall to new all-time lows. “Due to security concerns, we do not make such on-chain wallet inf...
Grayscale cites security concerns for withholding on-chain proof of reserves
Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products ci...
Top Economist Says Bitcoin In Real Trouble Over Grayscale Concerns
– Advertisement – Peter Schiff has continued to push the Bitcoin selling narrative. Peter Schiff, the Chief Economist at Euro Pacific Capital, has been actively fostering Bitcoin (BTC), s...
ATOM Price Steady Above Support Concerns of Collapse Remain
The Cosmos (ATOM) price is trading inside a Fib and horizontal support level. There are no decisive signs in either direction. ATOM is the native token of the Cosmos ecosystem. The ATOM price has fall...
Crypto.com Accidentally Sent $400M in Ethereum to Wrong Address, CEO Calls Concerns ‘FUD’
After the shocking collapse of FTX, other centralized crypto exchanges are under the microscope, and Crypto.com customers are concerned after CEO Kris Marszalek acknowledged that his exchange accident...
Huobi replied to the concerns over fake reserves snapshot
Huobi released a ‘Work Report on Asset Transparency.’ As per the report, Wu Blockchain covered a piece of news that led to raising concerns of the users. On Sunday, Wu Blockchain, a crypto news provid...
Vitalik Buterin Sells 3,000 Ethereum Causing Concerns
– Advertisement – Ethereum co-founder Vitalik Buterin just sold off about 3,000 ETH, raising questions among investors, especially considering the timing of the trade. Russian-born Canad...
Investments From Smart VCs to Wall Street in FTX to Terra raise concerns
Investments in crypto, from Wall Street VCs to deep-pocket investors, highlight flaws in risky financial strategies that fuelled the crypto boon Investments from venture capital funded more than half ...
Ark’s Cathie Wood Raises Concerns Over Hiking Interest Rates
12 seconds ago | 2 mins read Bitcoin News It will be more like 1929 if the Fed doesn’t change course, she said. Wood said it’s possible we’re going back to the Roaring Twenties. Cathie Wood, founder,...
Crypto.com CRO Price Tanks 28% Following Proof-of-Reserve Concerns
Crypto.com is the latest centralized exchange to be thrown into the spotlight a week after the collapse of the FTX group. Its native token, CRO, has tanked almost 30% in a day. The Crypto.com exchange...
Huobi addresses concerns raised surrounding fake reserves ‘snapshot’
Huobi has addressed the concerns raised as a result of Wu Blockchain’s tweet that highlighted over 10,000 ETH being moved out of the Huobi 34 wallet. Huobi explained that a part of the publicized addr...
Bitcoin Plunges Below $17,000 As Concerns Over FTX Spook Investors ⋆ ZyCrypto
Advertisement     Crypto investors continued to take heat Saturday following a market plunge that has largely to do with concerns over FTX’s financial health. At the t...
NIO Has Humongous Upside Despite Supply Chain Concerns, High Commodity Costs, Analyst Says
Mizuho analyst Vijay Rakesh maintained a Buy on NIO Inc (NYSE: NIO) and cut the price target to $34 from $40. The Tesla Inc (NASDAQ: TSLA) rival reported soft September quarter revenue and EPS and gui...