Paul Pierce – a player for the Boston Celtics basketball team – is in trouble after he was paid to endorse a supposedly shady cryptocurrency known as Ethereum Max. Paul Pierce Is in Hot Crypto Water P...
Tag: Faces
Celsius faces a potential short squeeze; $20M bounty out on info about possible attack
? Want to work with us? CryptoSlate is hiring for a handful of positions! There has been a lot of talk about Celsius and its founder Alex Mashinsky over the past week. Some believe the situation is ov...
Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino
The chief technology officer of stablecoin issuer Tether says the firm was hit with a ransom demand amid a distributed denial of service attack (DDoS). Tether executive Paolo Ardoino says that the com...
Terra’s Do Kwon Faces Huge Legal Turbulence
Advertisement     Terra’s founder has a slew of legal troubles to face after the crash of the network in May. The US SEC won a case against the firm and has reportedly...
Stellar Lumen (XLM) Price Faces Uphill Task Near $0.12
Stellar lumen price started a fresh decline from the $0.122 resistance against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4-hours). There is a major bearis...
U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI)...
Coinbase Faces Class Action Suits Over Recent Stablecoin Crash
Exchange News The lawsuit claims that Coinbase failed to disclose TerraUSD’s true nature. GYEN surged in value, then plummeted a week after Coinbase added it to its platform. On Thursday, a class-acti...
Coinbase Faces Class-Action Lawsuit Over TerraUSD
TerraUSD crashed by roughly 17.5 Billion dollars shocking everyone, which lead to a legal crisis for Coinbase. The lawsuit filed on Thursday claims that Coinbase was irresponsible in neglecting to und...
BTC Price Faces Stiff Resistance at $23K
Bitcoin Risks Further Decline as It Faces Stiff Resistance at $23K – June 17, 2022 Bitcoin (BTC) is now trading marginally above the $20,000 psychological price level as it faces stiff resistance at $...
Expert: U.S. faces an ‘absolute explosion’ on inflation in 13 days
U.S. is only thirteen days away from an “absolute explosion” on inflation, a pollster and political strategist warned on Friday. Luntz’ remarks on CNBC’s ‘Squawk Box&rsqu...
El Salvador Faces Turmoil as Bitcoin Value Plunges
El Salvador’s bet on bitcoin is looking more and more risky as the cryptocurrency’s value plunges. Last year, the Central American country became the first in the world to make bitcoin le...
Is Dogecoin a pyramid scheme? What we know so far as Elon Musk faces $258B lawsuit
Elon Musk has been sued for $258 billion in a lawsuit filed in New York on Thursday. The plaintiff, Keith Johnson, has also included Musk’s companies Tesla and SpaceX, for which the world’s richest pe...
Musk Faces Lawsuit Over Alleged Dogecoin Fraud
It is already well established that any positive activity around Elon Musk and Tesla often boosts Dogecoin’s price almost instantly. In a latest development, a U.S. citizen is charging Musk with alleg...
Crypto fund Three Arrows Capital faces potential insolvency after lender liquidation
The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders. According to well-placed sources, the investment...
North Korea Faces Another Infectious Disease Outbreak As It Continues To Fight Covid
Topline North Korea is facing what it says is an unknown intestinal disease outbreak—suspected to be either cholera or typhoid—in the southwestern city of Haeju, according to the country’s state-run m...
Tron’s USDD Stablecoin Faces Same Fate as Terra Luna’s UST » NullTX
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical...
Three Arrows Capital faces liquidations and market turmoil
The cryptocurrency market continues to suffer a bloodbath, with Bitcoin trading at $20K. The resulting sell-off in the market is squeezing liquidity from the market, and Three Arrows Capital is the la...
BlockFi Faces Fine of More Than $943,000 For Improper Registration
BlockFi is far from having a peaceful season. Not only the crypto industry is suffering the hits of a bear market, now the crypto lending platform is facing a nearly $1 million fine imposed by the S...
Oracle faces an immediate resistance after rising on robust Q4 earnings
Oracle Corporation (NYSE:ORCL) jumped 12.24% on Tuesday after Q4 2022 earnings. The company reported total revenue of $11.8 billion in the fourth quarter. The revenue jumped 5% or up 10% in constant c...
Binance.US Faces Class-Action Suit From Terra Investors
Key Takeaways Terra investors have filed a lawsuit against Binance.US, complaining that the exchange misrepresented the UST stablecoin. The investors have complained that Binance.US represented the st...
Binance.US faces class-action lawsuit over LUNA and UST sale
Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST). A group of investors filed a class-ac...
Binance.US Faces Lawsuit Over Selling Terra Tokens
Binance.US, the U.S.-based subsidiary of the world’s largest crypto exchange Binance, has been charged with a class-action lawsuit for allegedly listing and illegally selling UST and LUNA tokens as un...
Litecoin (LTC) faces more pressure as Binance refuses to support MWEB function
Largest cryptocurrency exchange Binance has joined the list of trading platforms that have announced they won’t support Litecoin transactions based on the network’s new privacy feature kno...
Celsius Network Halts All Withdrawals As It Faces Liquidity Crisis, CEL Tanks 45%
Lending platform Celsius Networks made a major announcement recently that it has paused all withdrawals on the platform, a move that it calls is in the interest of the community. Following the announc...
The Future Faces an Urgent Need to Up the Game on Waste Treatment.
The EU has committed to reducing greenhouse gas emissions by at least 40% below 1990 levels by 2030, with at least 27% of total energy coming from renewables. The European Union is also turning away f...
Ripple Hits Out Against SEC As Case Faces More Delays
Ripple on Wednesday filed a new letter against the in the Securities and Exchange Commission (SEC) in their ongoing lawsuit. The letter chides the SEC for adopting a limited understanding of certain m...
Top LNG exporter Australia faces natural gas shortage — Quartz
Australia is the world’s top exporter of liquified natural gas (LNG). Right now, it is also facing a domestic gas crisis. Prices of power and gas in the land down under have surged amid what the count...
DeFi Platform PoolTogether Faces Lawsuit for Allegedly Running Illegal Lottery – crypto.news
On 6th July 2022, PoolTogether, a DeFi protocol website that runs programs for cryptocurrency transfer, is facing litigation procedures. This is after being accused of conducting an illegal lottery in...
Binance Faces SEC Scrutiny Over 2017 BNB Coin Offering
Key Takeaways Binance is facing an investigation from the SEC over whether the firm’s initial coin offering amounted to the sale of a security. Since the SEC investigation news broke yesterday, ...