Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed tha...
Tag: Crisis
India’s central bank warns crypto to cause next financial crisis if allowed to grow
As the cryptocurrency sector keeps growing despite occasional setbacks, not everyone is on board with the budding asset class, and some are even warning of a major financial crisis if digital assets a...
Crypto Cause Financial Crisis Indian Central Bank Chief Says
The Indian government has displayed antipathy and opposition towards cryptocurrency for a long time and Indian central bank governor Shaktikanta Das had stated earlier that he wants crypto to be banne...
Can Gemini’s Creditor Committee resolve the Genesis, DCG liquidity crisis
The Gemini creditor committee presented a plan to Genesis and DCG to resolve their liquidity issues Genesis and DCG owe $900 million to Gemini Gemini, as of 21 December, provided an update to its use...
Genesis recovers from the crisis of the crypto world
Despite the constant shake-ups, many investors are still willing to bet on the crypto sector, and while Genesis is facing customer flight, it is organizing to fix its corporate accounts and rebound. D...
Indian central bank chief says crypto could cause a crisis
Indian central bank governor Shaktikanta Das said earlier today that crypto should be banned, and if allowed to grow, might cause the next financial crisis. Speaking at the BFSI Insight Summit 2022, R...
Next Financial Crisis Will Be From Crypto if It’s Not Banned: Indian Central Bank Governor
“Our view is that it should be prohibited because if you try to regulate it and allow it to grow, please mark my words the next financial crisis will come from private cryptocurrencies,” D...
The world’s top stock strategist says an ‘earnings recession’ is coming for markets—and it could be similar to what happened during the 2008 financial crisis
In bear markets, stocks don’t typically fall in a straight line. Over the past 50 years, even in the worst financial crises of the modern era, brief rallies have occurred 6.5 times on average per bear...
Sorry, self-custody is not the solution to the FTX crisis…
In the aftermath of the FTX collapse, we can’t help but wonder why an industry that was created so that you can be your own bank actually ended up trusting single bad actors with tens of billion...
Why The UK Credit Crisis Should Shock And Worry You
LONDON, ENGLAND(Photo by Jack Taylor/Getty Images) getty The financial world is in crisis, and once again, politicians and bankers are to blame. Sadly, it is investors who will pay the big price. The ...
The massive cryptocurrency crisis is here
Join Our Telegram channel to stay up to date on breaking news coverage The turmoil that is currently engulfing the cryptocurrency world is bitterly ironic. As a reaction to the flaws of the traditiona...
Mining in the wake of the ‘Merge’ & cost of Living crisis w/ChumpchangeXD – GotGh Podcst #1
Highlights The state of cryptocurrency mining following a recent event called the “merge” The effect of the merge on mining profitability The rise in electric rates for miners The potentia...
Elon Musk Sounds the Alarm Over a Brewing Automobile Crisis
The auto sector is one of the victims of the aggressive interest rate hikes by the Federal Reserve to crush inflation, which is at its highest in 40 years. According to experts, this monetary policy ...
‘Big Short’ Burry Says Crypto Has a Problem Similar to the Subprime Crisis
Since the unexpected bankruptcy of the FTX cryptocurrency exchange on Nov. 11, the crypto space has been trying to play the game of transparency. The firm collapsed in a few days in the face of massi...
Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis
The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspende...
Ukraine Crisis Highlights Security Needs Of Civilian Nuclear Power
Ukrainian Emergency Ministry rescuers attend an exercise in the city of Zaporizhzhia on August 17, … [+] 2022, in case of a possible nuclear incident at the Zaporizhzhia nuclear power plant loca...
Why The Border Crisis Is About To Get Even Worse
This episode of What’s Ahead lays out how Congress can both defuse a looming immigration disaster at the southern border and resolve the status of two particular groups of illegal immigrants already r...
Venezuelans Propelled To U.S. By Crisis, Not Immigration Policy
A man from Venezuela seeking asylum in the United States holds his daughter at the entrance to the … [+] Paso del Norte International Bridge on February 28, 2020, in Ciudad Juárez. (Photo by PAU...
Can The Quest For Clean Energy Finally Help Tackle The Climate Crisis?
Topline Scientists at the Lawrence Livermore National Laboratory in California have managed to get more energy out of a nuclear fusion reaction than they put in to trigger it, the U.S. Department of E...
Crypto Mining In Cuba Suffers Owing To Electricity Crisis
Cryptocurrency mining in Cuba has been interrupted for some time due to the electricity crisis on the Caribbean island. Several parts of Cuba have experienced repeated blackouts, which have made minin...
France requests emergency cut in electricity exports to UK as nuclear crisis deepens
The Drax coal-fired power stations – Simon Dawson/Bloomberg France’s electricity network operator requested emergency help from Britain as the cold snap caused demand to surge across Europ...
Europe’s power crisis has ‘very little to do with Putin’: CEO
This image, from Sept, 2022, shows a liquefied natural gas tanker arriving at a port in the Netherlands. Siese Veenstra | AFP | Getty Images The power crisis gripping Europe has little to do with Vlad...
Even SBF Crisis Couldn’t Shock Long Term Holders
Bitcoin Price News: Sam Bankman-Fried (SBF) led collapse of the FTX can be termed as the most damaging event in the history of Digital assets. With the FTX contagion spread, several crypto lending pla...
US Court Unseals Indictment of OneCoin Cryptoqueen’s ‘Crisis Manager’
Another player in the notorious OneCoin scheme will face charges of wire fraud and money laundering upon extradition to the U.S., according to a newly unsealed indictment. The document details charges...
Terra Do Kwon Explains How SBF And Genesis Led Terra-LUNA Crisis
Terra co-founder Do Kwon on Thursday blamed former FTX CEO Sam Bankman-Fried and Genesis for the Terra-LUNA crisis. He strongly believes that Genesis Trading provided $1 billion in TerraUSD (UST) stab...
SBF And Genesis Led Terra-LUNA Crisis?
Crypto News Today Live Updates December and Latest News: (8 December 2022) The global cryptocurrency market registered a decline over the past day as the Biggest digital assets like Bitcoin and Ethere...
OneCoin crisis manager to face the U.S. extradition
Frank Schneider, a crisis manager in OneCoin’s $4 billion Ponzi scheme, could soon be extradited to the United States, where he faces wire fraud and money laundering charges. The U.S. Department of Ju...
After Crisis Meeting, Hansi Flick Remains Germany Coach
The DFB confirmed on Wednesday that Hansi Flick will remain the head coach of the Germany’s national … [+] team. (Photo by Stuart Franklin/Getty Images) Getty Images Hansi Flick will remai...
The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays
Winter is coming: The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays Electric vehicles have bec...
OneCoin crisis manager Frank Schneider to face trial in the US
The U.S. Department of Justice (DOJ) has revisited its case against Frank Schneider who served as the Crisis Manager for OneCoin — a $4 billion scam project. OneCoin was a crypto-based Ponzi scheme le...
Online Blockchain CEO warns Bitcoin may crash to $8k as ‘FTX crisis is unresolved’
Given that the collapse of FTX has caused a more than 60% drop in the value of Bitcoin (BTC) and other cryptocurrencies this year and that the damage has spread to publicly listed companies with expos...