(Bloomberg) — Chinese developers have suffered a meltdown of at least $90 billion in stocks and dollar bonds this year, with a bursting housing bubble and an intensifying debt crisis threatening...
Tag: Crisis
After Six Month Trial, Judge Rules Flint Water Crisis Civil Case A Mistrial
Topline A Michigan judge ruled a mistrial on account of a hung jury in a civil case about the Flint water crisis, in which four children sued two engineering firms for professional negligence, allegin...
CoinFLEX files for restructuring in Seychelles court amidst crisis
Renowned crypto exchange, CoinFLEX has filed for restructuring in a local court in Seychelles. The crypto exchange revealed this development to its users via mail. Coinflex disclosed that the mail ten...
Crypto Lending Platform Hodlnaut Suspends Services Due to Liquidity Crisis – crypto.news
Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
Taiwan crisis pushes Intel to invest billions in Europe
With the tensions surrounding Taiwan and major forces like China and the US, certain companies stand to benefit on the margins like Intel (NASDAQ: INTC). In essence, the US is looking to bolster domes...
Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis
Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive...
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Blaming market conditions and lack of liquidity, Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals and deposits. The crypto lending firm made an offici...
Chinese Crisis Affecting Bitcoin Drastically
The Market for Bitcoin is a Hazardous Assets The present dispute between China and Taiwan over Taiwan’s sovereignty is having an impact on the price of bitcoin. After Nancy Pelosi, the speaker o...
What Effect Does Crisis Have on the Price of Bitcoin?
Taiwan and China are currently in a face-off around Taiwan’s sovereignty, affecting the Bitcoin price. The situation has come to a head after United States House of Representatives Speaker Nancy Pelos...
Why an Arkansas town could provide a grim road map for America if car repos blow up
As recession worries loom over America, a debt crisis already bearing down on wage workers in northwest Arkansas could foreshadow bigger problem for a nation on high alert for a flood of car repossess...
Chilenos recurren a stablecoins para proteger sus ingresos en medio de una crisis económica
Buda.com, uno de los primeros exchanges en lanzarse en Chile, en 2015, también ha registrado un creciente interés por las stablecoins. La dominancia de las criptomonedas estables en su plataforma subi...
CoinShares Loses $21.7M In Q2 Earnings, Terra Crisis To Blame
Coinshares joins the list of crypto firms that have had to bear the negative impact of the Terra crash. Yesterday, August 2nd, the European-based cryptocurrency investment firm, coinshares coinshares...
Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis
In April 2022, many called Waves a “Ponzi scheme’ as the blockchain’s primer stablecoin; USDN lost its peg to $0.81. The algorithmic stablecoin lost its peg weeks before the now infamous depeg event o...
Lending Platform Vires.Finance Gets Go-Ahead to Implement Repayment Plan Amid Liquidity Crisis
“Amid the ongoing crypto winter, it is essential to remember and highlight the core values of decentralization, immutability, freedom from institutional greed, and inclusivity that underpin the blockc...
Bitcoin Impressive July Recovery In The Midst Of An Ongoing Crisis
Despite the ongoing crisis, which includes high-profile bankruptcies, problems with crypto lenders, and worries about inflation and rising interest rates, Bitcoin, the leading cryptocurrency, rebounde...
The SEC’s Climate Proposal Sets Table For Netherlands-Style Farm Crisis In The U.S.
Farmers in The Netherlands are protesting its government push to remake traditional farms. Call it … [+] ESG policy run amok. Protests have spread to other countries now. Could this happen here?...
China Banks May Face $350 Billion in Losses From Property Crisis
(Bloomberg) — China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turm...
Out Of Date? Marks & Spencer Rethinks Best Before Dates To Help Tackle Food Waste Crisis
In changes that will be seen in-store from this week, best-before messaging will be removed from the … [+] labelling of over 300 fruit and vegetable products which amounts to 85% of Marks & ...
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulati...
Documentary ‘Aftershock’ Puts Human Face On Maternal Health Care Crisis Disproportionately Experienced By Black Women
Shawnee Gibson Benton advocates for change in the maternal health care system following the death of … [+] her daughter Shamony Gibson. COURTESY OF SUNDANCE INSTITUTE/KERWIN DEVONISH In October ...
CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say
In a recent announcement dated 29 July, co-founders of CoinFLEX, Sudhu Arumugam and Mark Lamb, provided an important update. The updated surrounded what the cryptocurrency exchange had been up to mana...
America’s New Energy Crisis – WSJ
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...
Pat Toomey blames the SEC for crypto lending platform crisis
According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets ...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
Chinese Grocery Startup Missfresh Faces Cashflow Crisis As Suppliers Protest
A driver packs delivery orders into the back of an electric motorcycle outside a Missfresh warehouse in Beijing, on August 11. 2020. Gilles Sabrie/Bloomberg Missfresh, a Chinese grocery delivery start...
Citi Research mentioned that fear of crisis has peaked in the crypto market
Fear of crisis is at its peak in the crypto market-Citi reports mentioned According to the reports from Citi, officials have shown a fear factor of contagion in the crypto market because o...
Economist Roubini: ‘Severe’ Recession, Financial Crisis Coming
The economic outlook is murky now. It’s difficult to know when inflation will peak, when it will fall in earnest and thus how far the Federal Reserve will ultimately lift interest rates. It’s also unc...
How blockchain can address Austria’s energy crisis
Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong. Supply li...
Survivability in Times of Crisis, Internet Outages and Cyber Warfare
Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should...
Is China Headed for a Lehman-Style Crisis? This Property Bust Is Different.
Text size The downturn in China’s property market is unlikely to lead to a meltdown that triggers a financial crisis. STR/AFP via Getty Images China’s property slump and suffering economy is lea...
Bitcoin ‘Back With A Vengeance’ – Crypto Liquidity Crisis Is Over, Citi Report Suggests
Bitcoin could be seeing the proverbial light at the end of the tunnel, at least that’s what a major American multinational investment bank is saying on its latest findings. Multiple evidence indicate ...