IBM and Danish shipping giant Maersk are scuttling a four-year-old enterprise blockchain project designed to track global trade — another hint that distributed ledger solutions may not yet be viable i...
Tag: Due
Bitcoin Price Could Plunge Below $16,000 Due To China’s Civil Uproar
Bitcoin, after falling down to around $15,600 on November 22, has managed to climb back up to the $16,000 region thanks to the bulls that exerted every ounce of effort to pull the maiden crypto from s...
Oryen Network Pushes +200% Due To Huge Buys With USDT And USDC
Stablecons like Tether and USD Coin are integral to the crypto world. By being tied to regular fiat currencies like the dollar, they give holders true stability and a price they can always understand....
Dogecoin rallies due to this coincidence, but will DOGE get past the bears
Dogecoin shows bullish signs in terms of AltRank Despite a high number of mentions and engagements, the sentiment around DOGE remained negative According to a 26 November tweet by LunarCrush, a social...
Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC
Bitcoin (BTC) stayed undecided on Nov. 24 as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bott...
Ethereum Due for a 50% Upswing, These Factors May Trigger an ETH Price Rally!
Ethereum price approaches the crucial $1200 and awaits a bullish push required to slice through these levels and secure the positions around $1240 The ETH price may follow the 2020 pattern and reclaim...
Chinese VC loses $42M in crypto due to compromised mnemonic seed phrase
According to a new twitter post on Nov. 23, Bo Shen, general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claime that $42 million worth of funds were drained from his ...
Measles poses threat to kids as vaccinations declined due to Covid
A growing number of children around the world are vulnerable to measles as vaccination rates have declined to the lowest levels since 2008, global health leaders warned on Wednesday. The Covid-19 pand...
Tiger Global’s Now-Worthless FTX Bet Had Bain’s Due Diligence
(Bloomberg) — Bain & Co. was among consulting firms that helped conduct due diligence for Tiger Global Management’s investment in now-defunct crypto exchange FTX, according to people familia...
Iris Energy Slashes Bitcoin Mining Capacity Due to a Requested Loan
Iris Energy – an Australian crypto mining company whose main purview is the operation of BTC mining sites in Canada running on renewable energy exclusively – has recently ceased mining in two subsidia...
XTZ may bloom due to the FIFA wave – good for the long term
The token is tapped by Manchester United, amid the FIFA. The price is currently 199% more than its all-time low at $0.94. The price trends translate into something other than the current sentiments of...
FTX exchange suffers $59M loss due to hacking
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this l...
SEC Alleges American CryptoFed Due to Misleading Crypto Asset Offers
Exchange News American CryptoFed filed a Form S-1 registration statement on September 17, 2021. The SEC aims to prevent the registration of deceptive cryptocurrency asset offerings. The American Crypt...
Oryen Network Secures All User Funds On Chain Unlike Many CEXs, FTX Declares Bankruptcy Due To Insolvency
With its constant 90% annual percentage yield and 0.177% daily return on investment for holders, Oryen ($ORY) has been experiencing a rapid price increase. Not long after crypto whales like Jim Crypto...
Uniglo.io causes investors to rush in last minute due to Burn Event – Tamadoge, Big Eyes, and Shiba Inu holders intrigued
Act fast: Here is one of the best investment opportunities of 2022. Uniglo has caused a clamor this week with the news that all remaining GLO leftovers from presale will be burned. Analysts expect a d...
Sixers’ Guard Depth In Tatters With Tyrese Maxey Out 3-4 Weeks Due To Foot Fracture
PHILADELPHIA, PA – NOVEMBER 19: Tobias Harris #12, Tyrese Maxey #0, and James Harden #1 of the … [+] Philadelphia 76ers watch from the bench against the Minnesota Timberwolves in the first...
SBF’s lawyers terminate FTX representation due to conflicts of interest
Paul, Weiss, the law firm backing FTX CEO Sam Bankman-Fried (SBF) amid bankruptcy, renounced representing the entrepreneur, citing a conflict of interest. The decision to withdraw from representation ...
Due to conflicts of interest, SBF's attorneys drop FTX
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin’s asset worth over...
Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse
A $1 billion chain transfer to convert USDT from the Solana blockchain to the Ethereum blockchain was just announced by stablecoin issuer Tether. During this process, Tether noted that there won’t be ...
Binance Has No Big Plans for India Due to High Taxation, Says CZ
Binance CEO Changpeng Zhao (CZ) has all but given up on India. Pointing out the 1% transaction tax that came into force on 1 July 2022, CZ said it makes crypto trading unviable in India. Speaking at t...
Jump Crypto denies rumors that it intends to wind down due to FTX losses
Jump Crypto, a division of the Jump Trading Group, has denied rumors circulating online that it intends to wind down operations due to its exposure to FTX losses. According to a tweet shared by the ...
‘RIP Twitter’ Trends Following Twitter Staffs Resignation Due to Musk’s Ultimatum
Many Twitter employees have resigned from the firm, after Musk’s ‘hardcore’ ultimatum. Twitter’s internal chat groups are flooded with farewell messages and saluting emojis from the staff. Following E...
Jump Crypto denies closing due to FTX losses
The cryptocurrency division of the Jump Trading Group, known as Jump Crypto, has debunked rumors circulating on the internet that it could shut down as a result of FTX losses. On November 17, the bu...
Uniswap Reportedly Down Due to Some Technical Glitch
8 seconds ago | 2 mins read Exchange News It was also noted that the alternative version might be used until the first one is fixed. It was emphasized by users that the front end was the primary sourc...
No red flags at FTX despite 8 months of ‘extensive due diligence:’ Temasek
Singapore’s state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn’t find any significant red flags in FTXs financials before deciding to invest $275...
Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause
Crypto exchange Gemini warned customers today that there may be delays for withdrawals on its Earn product. The delays are due to Genesis Global Capital’s announcement today that it would pause ...
Gemini falters on EARN redemption requests due to partner’s suspended withdrawals – crypto.news
U.S leading crypto exchange, Gemini, says redemption of EARN products is being delayed after its partner in the product, Genesis Global, paused withdrawals on its borrowing platform amid the crypto li...
Gemini down due to Amazon Web Services EBS outage; exchange working on restoring functions
Crypto exchange Gemini services are down, causing speculation that it is the latest victim of the FTX crisis. However, the exchange has maintained on its status page that wire transfers are affected,...
Gemini Earn halts withdrawals due to ‘market turmoil’ caused by FTX fallout
Gemini, a cryptocurrency exchange based in the U.S., said that it has paused withdrawals on its Earn program. Genesis Global, the lending partner of the Earn program, is no longer able to meet custome...