LONDON–(BUSINESS WIRE)–MetaWin.com, the Web3 competitions platform, is calling the wider Web3 community to support those affected by the devastating earthquake in Turkey. The tragedy has left over 50,...
Tag: Disaster
US lag in CBDCs might bode disaster, says US expert
A former CIA officer and cryptocurrency expert say the United States risks losing its hold on the global financial system because of its late start in developing Central Bank Digital Currency (CBDC). ...
Union Pacific Stock ‘Potential To Double’ After CEO Ousted; Railroad Stocks Steady After Ohio Disaster
Union Pacific (UNP) on Sunday announced a management shake-up on Sunday, after a hedge fund owner demanded leadership changes. The move comes as railroad stocks have kept losses to a minimum in Februa...
Vikings Must Address No. 2 QB Slot To Avoid Disaster In 2023
It’s all smiles for Kirk Cousins and the Vikings as long as he stays healthy. Minnesota must address … [+] the backup QB position in the offseason. (Photo by Adam Bettcher/Getty Images) Ge...
Nigeria tries to enforce cashless society with CBDC eNaira amidst financial disaster
Nigeria, Africa’s most populous nation and largest economy, is currently facing a financial crisis that has underscored the importance of cryptocurrencies for its population of over 219 million. Despi...
Galois Capital to Shutter Flagship Crypto Fund Citing ‘FTX Disaster’
Galois Capital announced it will shut down after losing a substantial portion of its capital following the collapse of Sam Bankman-Fried’s FTX, according to a Financial Times report citing co-founder ...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’ – Featured Bitcoin News
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operati...
CoinW Takes Action to Fulfill Public Welfare Responsibilities with First Batch of Disaster Relief Supplies Arrived in Turkey
DUBAI–(BUSINESS WIRE)–CoinW, a world-class cryptocurrency exchange has taken immediate action in fulfilling its public welfare responsibilities in the wake of the recent earthquake in Turkey, which ha...
Will Genesis Bankruptcy Spell Disaster for Grayscale’s GBTC and DCG?
The cryptocurrency lending platform, Genesis Global Capital, which is owned and operated by Digital Currency Group, has filed for bankruptcy. This raises concerns about the potential impact on other ...
Decentraland [MANA] sits at overbought highs- A recipe for disaster?
Decentraland saw growth in its ecosystem metrics in the last week. MANA’s price jumped by over 70% in the last seven days. Decentraland [MANA], the Ethereum-based decentralized virtual world, saw a ju...
Active Solana wallets tripled since FTX disaster
Blockchain data shows that the number of daily active wallets on Solana (SOL) is recovering and is now three times higher than what was reported before the collapse of FTX — a major crypto exchange wi...
FTX Disaster Shows Crypto Could Be A ‘Problem’ If Not Regulated, BOE Governor Says
There is a big lesson to be learned from FTX and cryptocurrencies. A deputy governor of the Bank of England stated in a recent speech at Warwick Business School that the experience of the past few mon...
After A Near Disaster, USNS Comfort Returns Home And Navy Faces New Questions
America’s hospital ships are too big to operate away from a pier. Getty Images After a near-catastrophe off Haiti, where 19 sailors and civilians narrowly escaped with their lives, the Navy face...
Elizabeth Warren’s New Financial Surveillance Bill Is a Disaster for Privacy and Civil Liberties
In introducing the bill, Sen. Warren used the refrain that privacy-enhancing technology facilitates crime. This is wrong, and it’s exactly the line of reasoning we hear from critics of end-to-end encr...
Dapp industry survives FTX disaster, report shows
DappRadar’s November report reveals that DeFi and DApps are still strong, despite the centralized crypto projects collapse. According to a recent DappRadar report shared with Crypto.news, the crash of...
FTX Disaster Triggers Major Selloff In The Price Of Solana (SOL)
The market is trying to follow Bitcoin’s bullish action with Solana (SOL) being one of the outliers. Post-FTX life for SOL has been very rough. On a monthly and biweekly time frame, CoinGecko data sho...
Elon Musk Fears Economic Disaster if This Is Not Done Immediately
The economy’s health remains the main subject of concern for consumers and investors, who just about every week see another wave of corporate job cuts. On Nov. 30, DoorDash was the umpteenth com...
Suze Orman says ‘$400 can make all the difference’ in an emergency yet one third of Americans don’t have that much — here’s how to stop a rainy day from becoming a financial disaster
Suze Orman says ‘$400 can make all the difference’ in an emergency yet one third of Americans don’t have that much — here’s how to stop a rainy day from becoming a financial disaster We all know...
Disaster looms for Digital Currency Group thanks to regulators and whales
The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto...
FTX Flipped One Trading Firm’s Risk Obsession. Disaster Followed
(Bloomberg) — Before a cadre of Jane Street Group alumni spectacularly scorched the cryptocurrency landscape from their perch at FTX this month, the Wall Street firm was enjoying its status as t...
Are Tom Brady and Larry David Liable for the FTX Disaster?
Just months ago, FTX looked unstoppable. The crypto exchange was actively courting the highest echelons of Washington’s elite, its wunderkind CEO graced magazine cover after magazine cover, and A-list...
See What Does The CEO of VISA Said on “FTX Disaster”
In a recent interview with CNBC on November 18, 2022, Visa CEO Al Kelly and incoming CEO of VISA, Ryan McInerney, discussed their company’s relationship with the cryptocurrency exchange platform, Coin...
Coinbase Eases Tides, Rumors Of Genesis Disaster Intensify
Crypto lending firm Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default. Last week, the crypto lender halted ...
Study Shows Dogecoin Investors Among ‘Least Stressed’ In Aftermath Of FTX Disaster
Popular meme coin Dogecoin (DOGE) secured a decent spot in the ranking of top cryptos and the corresponding “stress levels” that affect those who invest in the token. At the best of circumstances, inv...
CEO of Payments Giant Visa Details What’s Needed in Crypto To Regain User Confidence After ‘FTX Disaster’
The CEO of payments giant Visa says that more regulation is needed for the crypto space to regain user confidence after the FTX collapse. In a new interview with CNBC’s Jim Cramer, the outgoing Visa C...
New FTX CEO John Ray’s statement on bankruptcy case tells tale of an unmitigated disaster
FTX’s fall from grace this week culminated in the company filing for Chapter 11 bankruptcy on Nov. 11. The filing includes all 130 companies under the umbrella, as well as the trading firm Alameda. On...
Musk’s Twitter disaster could wipe another quarter off Tesla’s stock by year-end, warns Morgan Stanley
Elon Musk’s on-again, off-again quest to acquire Twitter has already cost Tesla shareholders a fortune this year, but the pain won’t stop there. His chaotic reign over the social media platform has so...
These Developers Are Forking Their Coin after FTX Disaster
Join Our Telegram channel to stay up to date on breaking news coverage The Solana ecosystem has been making headlines over the past week amid the troubles facing the FTX exchange. Solana developers re...
FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase COIN
FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Many people in the crypto space are now bracing for more bad n...
Alameda, FTX Ventures Websites Down Following FTX Disaster
Amid the major crypto exchange FTX’s liquidity crisis, two companies closely tied to it – including Alameda Research and FTX Ventures – appear to be inaccessible on their websites. Alameda‘s site ha...
GameStop Stock Free Fall Is A Nonstop Disaster
If you’re trying to pick the worst meme stock, there’s plenty to choose from. But GameStop (GME) holds a special place among the biggest disasters — and it keeps getting worse. X Shares of...