Signature Bank has been shut down by the New York Department of Financial Services. Crypto firms like Coinbase, Celsius, and Paxos revealed their exposures to Signature Bank. The fall of Signature Ban...
Tag: Debacle
Dormant Wallet Shifts 10.2K ETH Amid Silvergate Debacle; Ethereum Price Dump Ahead?
Ethereum Price News: Ethereum, the world’s second largest crypto, is trading under immense selling pressure due to the increased volatility due to the Silvergate Debacle. Investors look hesitant to re...
SEC served subpoena to Robinhood shortly after FTX debacle
The U.S. Securities and Exchange Commission subpoenaed trading app and brokerage Robinhood over its cryptocurrency services, the company disclosed in an annual financial filing posted on Monday. ...
Ticketmaster Urges Congress To Crack Down On Ticket Scalping As Lawmakers Take Aim Over Taylor Swift Debacle
Topline Ticketmaster called on Congress to regulate ticket scalping tactics and giving artists control over sales Thursday, months after the company drew widespread criticism for a botched Taylor Swif...
Binance reserves lost $2.3B following BUSD debacle
Ad Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC re...
3 reasons the Nifty 50 index is soaring amid the Adani debacle
The Nifty 50 index has done well in 2023 even amid rising concerns about Adani Enterprises. The index, which is made up of the top blue chips in India, was trading at 18,000 rupees on Thursday, ~3.8% ...
Charles Gasparino Says SEC Wants to “Cut Off” Crypto After FTX Debacle
Godfrey Benjamin Charles Gasparino says SEC’s new disposition toward crypto is fueled by FTX Media personality and Fox Business Network’s Senior Correspondent Charles Gasparino has shared ...
BUSD Debacle Unlikely To Impact Crypto Market Much: Report
The latest crackdown on Binance USD (BUSD) is unlikely to cause any “large structural changes” in the crypto market, according to this report. What BUSD’s Crackdown Means For Wider Crypto Market A cou...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...
Bitcoin Can Soar Above $25,000 Due to Debt Ceiling Debacle
While yesterday’s Biden-McCarthy meeting did not result in an agreement on the debt ceiling in the U.S., this could have direct implications for the entire financial market and Bitcoin. And the implic...
Kevin O’Leary says there’s a 100% chance of another crypto debacle — and that it will happen ‘over and over and over again.’ Here’s what he likes instead
‘Meltdown to zero’: Kevin O’Leary says there’s a 100% chance of another crypto debacle — and that it will happen ‘over and over and over again.’ Here’s what h...
Did Solana Use Meme Token BONK To Escape From FTX Debacle?
When allegations of possible fraud at Sam Bankman Fried’s FTX cryptocurrency exchange, which was the world’s second-largest at the time, first came to light, Solana’s popularity took a nosedive. Howev...
Grayscale’s Legal Debacle: Will The SEC Approve A Spot Bitcoin ETF?
Asset management firm Grayscale shall submit its latest brief in the ongoing case with the United States Securities and Exchange Commission (SEC), according to a tweet from chief legal officer Craig S...
Bed Bath & Beyond: The stock-buyback debacle
We all know that the Bed Bath & Beyond (BBBY) retail chain is in such big trouble that it’s likely to file for bankruptcy. But what most people don’t know is this: A major reason the company is so...
Films and TV Shows on FTX Debacle That Are Currently Under Production
Hollywood is drawn to stories that have drama at their core. That’s why you saw a number of films, TV shows, and documentaries on the spectacular fall of Theranos and the scandal that ensued. Now, it’...
Can blockchain solve the ownership debacle over AI generated art?
Web3 and emerging technologies have been pushing the boundaries of art distribution, ownership and engagement with fans. However, not all of the recent developments are welcomed by the art community, ...
QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024
Ether followed a similar pattern to bitcoin, falling earlier in the day before rebounding. The second-largest crypto by market value was recently changing hands at about $1,275, a small gain from Sund...
Bitcoin in Midst of Multi-Month Accumulation Bottom Despite FTX Debacle: On-Chain Analyst Willy Woo
A popular on-chain analyst believes that Bitcoin (BTC) is in the process of carving a bottom following the high-profile collapse of FTX. In a recent interview with crypto analyst Scott Melker, Willy W...
The proof of reserves debacle; unbundling the facts from the fiction
Since the inception of crypto, fear, uncertainty, and doubt have been an integral part of every crypto enthusiast’s journey. The recent crypto exchanges’ bankruptcies contributed to making matters wor...
World’s Largest Broker Enters Crypto Space Amid FTX Debacle: Details
The world’s largest brokerage firm TP ICAP has obtained a cryptoasset provider license from the UK Financial Conduct Authority (FCA), the company said on Thursday. The broker has entered the crypto ma...
Decentralized crypto exchange volumes nearly double in November amid FTX debacle
Cryptocurrency exchange volumes jumped in November from the previous month as the collapse of FTX roiled markets, with decentralized platforms seeing an increase of 93%. Centralized (CEX) exchan...
Bitcoin Appears Primed For A Super Bullish Turnaround As The FTX Debacle Settles ⋆ ZyCrypto
Advertisement     Bitcoin continued to consolidate Tuesday following a chaotic month characterized by a widespread liquidity crunch fuelled by the collapse of FTX. As ...
Cardano adds over 100,000 wallets in November despite FTX debacle
Although the cryptocurrency market activity has largely been suppressed across 2022, several networks are recording increased interest and activity. In particular, the decentralized finance (DeFi) ne...
Joe Biden Talks About Robust Regulations for Cryptocurrency After FTX Debacle
Sam Bankman-Fried, the former CEO of FTX, has been under fire from lawmakers and authorities on both sides of the aisle as the company teeters on the verge of collapse. To avoid a repeat of the FTX tr...
Assessing the impact of the FTX debacle on South Korea and more
South Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea Financial Intelligence Unit (KoFIU) is the finan...
Is FTX Crash An End Of Crypto? And How This Debacle Unfolded?
There have been a number of articles published asking the same question: “Is the FTX Crash The End Of Crypto?”. Well, the short answer is – No. Did Lehman Brothers’ bankruptcy and subprime mortgage cr...
Sam Bankman-Fried’s legal team has dropped him amid FTX debacle
Another incident has been added to the drama that is unfolding with FTX. Founder Sam Bankman-Fried’s legal team has made the decision to withdraw their representation of him and the lawsuit as of toda...
Is the FTX debacle worse than Enron?
The liquidator presiding over the FTX Chapter 11 bankruptcy was also in charge of the Enron liquidation process. He states that the mess at FTX is “unprecedented”. More than 20 years ago, the account...
Aussie treasurer promises crypto regulation next year amid FTX debacle
The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week. A spokesperson for Australian Treasu...
Ripple Unfazed By Current Market Debacle, Sees Global Expansion Of ODL As XRP Eyes Massive Traction ⋆ ZyCrypto
Advertisement     The unprecedented turmoil created by the Alameda and FTX monumental blowup has weighed down on the crypto market, which was already in the midst of a...
10 banks that may face trouble in the wake of the SVB Financial Group debacle
As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...