If you’re nearing retirement, chances are you’re not financially prepared. Two-thirds or more of Americans close to retirement age simply are not ready, according to Mark Miller, a retirement expert a...
Tag: Crisis
DCG crisis likely won’t ‘include a lot of selling’ — Novogratz
Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis, saying while it’s “not good news,” it won’t “include a lot of selling.”...
Solana Moves On From FTX Crisis, Sparkles 46% In Last 7 Days
Solana (SOL) has been included in the top cryptocurrencies to watch out for this week of finance and crypto-focused site Investopedia. This no longer comes as a surprise considering that at one point ...
Stablecoin Issuer Tether Refused Help to FTX During Crisis
It’s been almost two months since crypto exchange FTX filed for Chapter 11 bankruptcy, but the dark details of what happened during the crisis continue to pop up even today. As per the latest Forbes r...
Southwest Crisis Reveals Clubby World of Airline Leaders
(Bloomberg) — The operational chaos that engulfed Southwest Airlines Co. over the busy holiday period was a crisis decades in the making. Most Read from Bloomberg In the aftermath of a meltdown ...
Hong Kong wants to become crypto hub despite industry crisis
The government of Hong Kong remains committed to the development of cryptocurrency infrastructure despite the ongoing industry crisis triggered by the FTX collapse. According to Hong Kong’s financial ...
FTX collapse and the crisis of confidence for Binance
Kaiko, the leading provider of data on the cryptocurrency market, as it does every year has examined the most significant market events of the fourth quarter. In particular, we will focus on analyzing...
Why This Billionaire Believes The Illegal Practice Will Spark The Next Crypto Crisis
Billionaire Mark Cuban recently shared his thoughts about what could possibly cause the next crypto implosion: wash trading. During a recent interview with TheStreet, Cuban – who also is a well-known ...
Crypto Giant DCG Shuts Down HQ Subsidiary amid Global Economic Crisis
DCG once appeared to be untouchable but may fast be losing its stability. Digital Currency Group (DCG) has announced that it is shutting down operations at its wealth management division HQ. According...
Crypto Community Believes USDD is Unsafe As Huobi Battles Crisis
The crypto community thinks USDD is unsafe, given some unusual activities. Nansen data says Huobi users cashed over $60.9 million within 24 hours. The figure represents over 64% of its total $94 milli...
Chinese players axed from top snooker tournament over match-fixing crisis
YORK, UK – Nov 12, 2022: Zhao Xintong of China competes during the first round match against Sam Craigie of England at 2022 UK Snooker Championship in York. Zhai Zheng/Xinhua via Getty Images LO...
Silvergate Stock Crashes Nearly 50% As Bank Grapples With Crypto Crisis
Topline Silvergate Capital revealed Thursday a series of worrisome financial metrics—including $8.1 billion in withdrawals near the end of last year—connected to the shocking collapse of its top clien...
Genesis CEO Asks For More Time To Sort Their Financial Crisis
On January 4, Derar Islim, the interim CEO of Genesis Trading, a cryptocurrency brokerage & lender that was forced to cease withdrawals in November 2022, stated that the company requires further t...
Crypto lender Genesis says it needs more time to figure out lending crisis solution
Crypto lender Genesis told clients on Wednesday that it’s continuing to work toward finding a solution for its troubled borrowing and lending unit but that it will need more time to do so. ...
Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis
According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising price...
Anti-Vaxxers Exploit Damar Hamlin’s Crisis With Unfounded Covid-19 Vaccine Claims
Joe Burrow #9 of the Cincinnati Bengals, Jordan Poyer #21 of the Buffalo Bills, and other players on … [+] the field watched in stunned silence as a medical team administered cardio-pulmonary re...
India’s numerous jobs scams show the depth of its unemployment crisis
Indians looking to escape the country’s chronic unemployment rut frequently fall prey to rackets. One such ring has reportedly conned at least 50,000 people since 2020, making it one of India’s bigges...
The Oil Market Crisis Sparked By Russia’s Invasion Is Nearing Its End
Russia’s invasion of Ukraine back in February triggered a major market crisis. Oil and gas prices soared to multi-decade highs; coal prices grew by nearly 70%, global wheat prices increased by over 60...
The Alameda-FTX Crisis Started Years Before Bankruptcy: WSJ Report
The 2022 crypto winter got colder and darker in November when one of the biggest and most prominent crypto exchanges, FTX, imploded. The company, which had bailed out several crypto firms during the T...
Why Russian Officials Are Referencing The Cyprus Missile Crisis
Russian officials have referenced the Cypriot Missile Crisis of the late 1990s in their warnings to Greece about potentially transferring its Russian-built S-300 air defense missile systems to Ukraine...
Between Violence, Humanitarian Crisis And Protests
In December 2022, the U.N. Office for the Coordination of Humanitarian Affairs (OCHA) reported on the dire humanitarian situation in Sudan. According to the update, in November only, about 32,800 peop...
With The Lachin Corridor Blockage, Nagorno-Karabakh Close To A Humanitarian Catastrophe
On December 27, 2022, UNICEF issued a statement warning about the deteriorating humanitarian situation in Nagorno-Karabakh, the result of the virtual closure of the Lachin Corridor, a road that links ...
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
Cryptocurrency mining giant Canaan continues to generate significant revenues from crypto operations despite the ongoing crypto mining crisis. Canaan’s total revenue for the first nine months of 2022 ...
Research: The Antminer profitability crisis
Bitcoin’s fall from its all-time high to a low of $15,700 has been one of the most dominating narratives this year. Bitcoin lost 75% of its value since Nov. 10, 2020, and over 65% since the beginning ...
Sarah Silverman Is Producing A Documentary On America’s Insulin Crisis
LOS ANGELES, CA – NOVEMBER 05: Sarah Silverman attends the premiere of Disney’s ‘Ralph Breaks the … [+] Internet’ at El Capitan Theatre on November 5, 2018 in Los Angeles...
In A La Liga Crisis, Sevilla Profits Handsomely From Argentina’s Global Glory
World Cup winner Montiel has scored one goal for Sevilla, in the Champions League against … [+] Copenhagen. NurPhoto via Getty Images Before converting a pressure penalty to send millions upon m...
Robert Kiyosaki just issued a dire warning about the current pension crisis, says ‘fake money savers’ will feel the most pain — he likes these 3 real assets
‘The next global Lehman’: Robert Kiyosaki just issued a dire warning about the current pension crisis, says ‘fake money savers’ will feel the most pain — he likes these 3 real ...
Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned – Economics Bitcoin News
The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added t...
Crypto Will Trigger Next Financial Crisis If It’s Not Totally Banned, Warns Indian Central Bank Chief ⋆ ZyCrypto
Advertisement     Shaktikanta Das, the governor of the Reserve Bank of India, has made fresh comments against cryptocurrencies. The governor forecasted on Wednesday th...
Crypto will cause ‘next financial crisis’ and should be banned, RBI says
The Reserve Bank of India’s governor, Shaktikanta Das, said private cryptocurrencies would lead to the “next financial crisis” if allowed to continue — and should therefore be banned...
Crypto could spark the next financial crisis, says India’s RBI head
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, did not mince his words when discussing the crypto sector at a recent conference, asserting that “private” crypto will be behind the n...