The CEO of USD Coin (USDC) issuer Circle says that the concept of crypto offering more transparency than traditional finance still holds amid the current fiasco in the industry. In a new interview on ...
Tag: Debacle
Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator ⋆ ZyCrypto
Advertisement     US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, th...
Gary Gensler Wants More Crypto Control After FTX Debacle
The drama behind the now failing digital currency exchange FTX is getting larger, and it’s giving Gary Gensler – the man behind the Securities and Exchange Commission (SEC) an excuse to deepen his inv...
Bitcoin Sinks Amid Crypto’s Latest Debacle
Bitcoin was recently trading just below $16,700, down 1.4% over the past 24 hours as Bitcoin investors resumed their defensive posture of the past week. Ether was recently changing hands at about $1,2...
EU’s MiCA regulation would have had limited impact on FTX debacle, lawmaker says
EU lawmakers differ in their view on how the bloc’s upcoming crypto regulation would have cushioned the blow from FTX’s collapse. The effects of FTX’s filing for bankruptcy pro...
Ikigai Lost Funds In FTX Debacle
Founder Travis Kling disclosed the company’s exposure to FTX on Twitter and stated that it could not retrieve most of its funds. Founder Takes Responsibility One of the latest hedge funds to fall vic...
FTX debacle sees Nansen take stock of major exchange onchain holdings
The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchange...
After FTX Debacle, Exchange Distrust Among Bitcoin Investors Grows
On-chain data shows Bitcoin investors have been withdrawing large amounts from exchanges as distrust around them has grown recently. FTX Debacle Leads To More Bitcoin Investors Distrusting Exchanges A...
Skybridge Capital CEO Anthony Scaramucci Urges Sam Bankman-Fried To Tell Truth About FTX Debacle
The chief executive of Skybridge Capital is urging FTX founder Sam Bankman-Fried to be more transparent about the exchange platform’s recent collapse. In a new interview on CNBC Squawk Box, Anthony Sc...
The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review – Coinotizia
As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried has addressed the ...
The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review – The Weekly Bitcoin News
As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried has addressed the ...
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical setups. At the same time, on-chain dat...
Buterin breaks silence on FTX debacle, says ‘fraud cuts deeper’
Ethereum founder Vitalik Buterin made his first direct comments on FTX’s spectacular collapse late Friday, accusing former FTX CEO Sam Bankman-Fried of “virtue signaling.” Unli...
Big Japanese Investor Finds Itself Caught In Another Debacle
SoftBank Group has struck out on several its latest investments since several of them have proved to be nearly worthless. One of the largest Japanese investors, Softbank made a bet on cryptocurrency b...
How is FTX Debacle Affecting Crypto Market?
The collapse of FTX, a digital currency exchange valued at $32 billion earlier this week has shocked the cryptocurrency industry. Sam Bankman-Fried, the founder of FTX who was widely regarded as one o...
Silvergate Capital Shares Pressured by FTX Debacle
Count Silvergate Capital among the publicly-traded crypto names hit by plunging stock prices triggered by this week’s sudden market downturn. Silvergate, a digital assets-focused, registered US bank,...
Dogecoin Keeps Plunging Amid Musk’s Early Twitter Debacle
Alex Dovbnya The price of Dogecoin continues to plunge as Musk’s Twitter takeover is turning into a disaster The price of Dogecoin, the leading meme cryptocurrency, is down 4.71% over the last 24 hour...
Adidas is a disaster right now, and it’s not just the Kanye West debacle
Adidas is a mess of a retail brand right now, and it’s not only because of ties to problematic musician-turned-designer Kanye West. On Tuesday, Adidas severed ties with West following a spate of...
After Over 10 Network Outages, Solana Proposes A Genius Solution To Solve Debacle ⋆ ZyCrypto
Advertisement     Solana’s outages will soon be a thing of the past as its team reveals plans to remedy the problem. Firedancer, a scaling solution for Solana launched...
AI Ethics And The Looming Debacle When That New York City Law Requiring Audits For AI Biases Kicks Into Gear
Worries about a new law in NYC that is well-intended to catch AI biases but will have lots of … [+] inadvertent adverse consequences due to loopholes and other complications. getty Sometimes the...
As Florida A&M Takes On Jackson State, There Are Important Takeaways From Last Week’s Administrative Debacle
MIAMI GARDENS, FL – SEPTEMBER 05: A FAMU helmet sits atop a table during the Orange Blossom Classic … [+] game between the Florida A&M Rattlers and the Jackson State Tigers on Sunday S...
USDT market cap up by $2 billion following Tornado Cash debacle
The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash. The Office of Foreign As...
Robinhood to face class action lawsuit from meme stock debacle: Report
Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different c...
The Latest on the Ongoing Celsius Network Debacle; Short Squeeze Still an Option? – crypto.news
There are good reasons why Celsius Network has been labeled as the crypto market’s disaster. The current Celsius crisis, that has led the market to plummet and exacerbated the already stressed ecosyst...
Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders
Two more. The carnage continues in the crypto industry. Two days after Singapore hedge fund Three Arrows Capital (3AC) was forced into liquidation, two of its lenders are being forced to take drastic...
Binance.US CEO Says More Crypto Companies Will Liquidate in the Coming Months After Terra’s Debacle
– Advertisement – Shroder thinks more cryptocurrency companies will be affected by the Terra incident in the coming months. Brian Shroder, the CEO of Binance.US, said in a recent intervi...
Compass Mining Leadership Steps Down Following Alleged Non-Payment Debacle
Compass Mining – a US-based mining service that hosts Bitcoin miners on behalf of clients – has recently announced that both CEO Whit Gibbs and CFO Jodie Fisher would be stepping down, effective immed...
NFT ticketing may catch on faster in France after UEFA championship debacle
The disorder before the UEFA Champions League final game may lead to the widespread adoption of nonfungible tokens (NFTs) for ticketing at sports events in in France. The country previously stated tha...
Coinbase Employment Debacle Runs Deeper Than We Think
Advertisement     Former Wall Street employees formed a large chunk of persons affected by Coinbase’s decision to rescind employment contracts. The affected were prev...
You need to understand the FTX debacle even if you have no investments in crypto
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...