Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto excha...
Tag: Crisis
SEC Probing FTX Asset Crisis, Sam Bankman-Fried Crypto Empire
FTX SEC Probe news: Sam Bankman-Fried’s FTX is now under the crosshairs of the US SEC and CFTC after the exchange’s liquidity crisis played out. The US regulators are probing the manner in which FTX h...
Beleaguered Billionaire Hui Ka Yan Struggles To Hold Onto His Crumbling Empire
Hui Ka Yan, a member of the CPPCC National Committee and chairman of Evergrande Group, attends a press conference at the fifth session of the 12th CPPCC National Committee on March 9, 2017 in Beijing,...
Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis
After the liquidity issue of FTX, consumer fears of insolvency have increased, but some of the major cryptocurrency exchanges on the market have reassured that they will soon reveal confirmation of th...
Solana Labs COO sees ‘crucible moment’ for ecosystem amid FTX crisis
Solana Labs COO Raj Gokal weighed in on the FTX crisis that will see its non-U.S. assets sold to Binance, calling it a “crucible moment” for the Solana ecosystem that has close ties to the collapsing ...
Crypto Crisis: Bitcoin Collapses By 17% and Sees No Hope
The crypto industry is plunged into a new crisis of confidence. As cryptocurrency prices began to stabilize, fresh drama derailed the sense of relief that was finally settling into the crypto market ...
FTX Calamity Could be the Last Crisis of the Bear Market, Says Cardano’s Hoskinson
Charles Hoskinson – Founder of the blockchain platform Cardano – thinks the turbulence around FTX and its native token – FTT – could be the last adverse event of the ongoing crypto winter. He finds it...
FTX crisis is driving away crypto giants
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposu...
Binance’s Proof-Of-Reserve Promise Gained Traction Following FTX Crisis
2 hours ago | 2 mins read Editors News CZ, announced that his exchange would soon launch a Proof-of-Reserves audit mechanism. The Twitter community supported the concept of increased Proof-of-Reserve ...
Genesis, Crypto.com latest companies to distance themselves from FTX crisis
Crypto trading and lending firm Genesis Trading and wallet provider Crypto.com are among the latest companies to distance themselves from the FTX liquidity crisis. The two firms took to Twitter ...
Circle CEO Allaire calls FTX crisis crypto’s ‘Lehman Brothers’ moment
Jeremy Allaire, co-founder and CEO of Circle, said the FTX insolvency crisis, which has thrown the crypto market into turmoil, is the “Lehman Brothers” moment for crypto. “Fina...
Binance Triggers Liquidity Crisis, Then Acquires Bankman-Fried’s FTX
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has agreed a deal to buy FTX, the exchange that he had built into a global crypto titan. The native token of Sam Bankman-F...
Low-Protein Diet From Processed Foods Drives Overeating And Is Fueling Obesity Crisis, Study Finds
Topline The low protein content of highly processed foods like soda, chips and fast food could be key to understanding why they are fueling rising rates of obesity in the Western world, according to r...
FTX-Alameda’s Financial Crisis Sends Bitcoin And Ethereum Prices Tumbling As The Week Opens ⋆ ZyCrypto
Advertisement     The crisis rocking FTX and Alameda have adversely affected the prices of major digital assets as they record double-digit losses. Sam Bankman-Fried d...
How To Prevent The Next Student Loan Crisis
WASHINGTON, DC – MAY 12: Student loan borrowers gather near The White House to tell President Biden … [+] to cancel student debt on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Ge...
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils – Economics Bitcoin News
Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealt...
FTX Crisis Sinks Crypto Market, Bitcoin Falls
Crypto Price Today Latest Updates: The crypto price is struggling today as sentiments grow more negative. The FTX crisis and the resulting withdrawal are causing a massive selloff in the crypto market...
Natives of Lebanon are heading toward this cryptocurrency between an economic crisis
Lebanon is currently facing an economic crisis. Natives do not want to put their money in the bank or at home due to the fear of theft. The economic situation In July 2021, a world bank issued a repor...
Michael Saylor Believes Bitcoin is the Solution to the Lebanon’s Financial Crisis
Michael J. Saylor, Co-founder of Microstrategy has made claims that he believes the use of Bitcoin (BTC) is the solution to the financial crisis that is being experienced in Lebanon as the country’s c...
Inside Egypt’s New Deal With The IMF — Can It Put A Stop To Egypt’s Debt Crisis?
| GIZA, EGYPT Getty Images Key Takeaways Since the Arab Spring in 2010, the Egyptian economy has been under pressure from a variety of sociopolitical forces. Egypt and the IMF agreed to a 46-month fin...
Lebanese Locals Turn to Bitcoin Amid Crisis Ridden Economy
Amid an unprecedented economic crisis, residents in Lebanon are turning to Bitcoin and Tether to store their wealth and make payments as people lose faith in local banks. A recent report by CNBC has b...
Lebanon Locals are turning to Bitcoin, Tether amidst an economic crisis
The unsustainable financial system in Lebanon has brought some Lebanese to crypto. Locals are mining Bitcoin or storing wealth with cryptocurrency and completing some payments with Tether. Dire Econo...
Argo blockchain crisis: share price plummets 50%
The bear market hits Argo Blockchain and causes its share price to fall drastically. The cryptocurrency miner has taken a really bad hit, a -50% drop that will lead to a collapse of the platform if it...
Cardano founder says ‘crypto industry was born from 2008’ financial crisis
As the cryptocurrency sector continues to expand and its assets become more adopted around the world, among investors and various mainstream institutions, Cardano (ADA) founder Charles Hoskinson share...
Son Heung-Min Injury, Teammates’ Poor Form Mean South Korea Have A Striker Crisis Ahead Of World Cup
Son Heung-Min of Tottenham Hotspur is substituted after an injury during the UEFA Champions League … [+] group D match between Olympique Marseille and Tottenham Hotspur at Orange Velodrome on No...
The Fed’s Money Printing Will Cause Another Financial Crisis: Peter Schiff
Decades of easy money policy at the central bank have prepared the U.S. for an epic financial fallout to come, according to the popular financial commentator Peter Schiff. During a recent episode of ...
Billionaire Wu Yajun Steps Down As Longfor Chair Amid Sector Crisis
Billionaire Wu Yajun has stepped down as Longfor chairman. (Photo by May Tse/South China Morning Post via Getty Images) South China Morning Post via Getty Images Wu Yajun, the billionaire cofounder of...
Financial Crisis Haunts Korea as It Confronts a Credit Meltdown
(Bloomberg) — Past financial crises are haunting South Korean policy makers as they rush to support a local credit market that’s quickly gone from one of the world’s safest to teetering on the b...
Why this crisis spells trouble for Rolexes and real estate
With the 14th anniversary of the Great Financial Crisis of 2008 approaching, we are about to enter a new debt cycle that could reset the market. Navigating upcoming crises requires a deep understandin...
Global Food Crisis Back On? Russia Bails From Grain Deal, Blaming Ukraine Drone Attack
Topline Russian officials reneged on its deal with Ukraine clearing the Black Sea for grain exports, after it claimed Ukraine led a drone strike on its Crimean naval fleet—threatening what officials w...
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto mar...
Suze Orman says most Americans need to do this now to survive their next crisis
Stay out of ‘Financial La La Land’: Suze Orman says most Americans need to do this now to survive their next crisis It’s never been easy to save money — to think about future needs when pr...