Crypto exchange AAX said it had suspended activity, citing a scheduled upgrade that had been delayed by turbulent markets. The failure of a third-party partner means services will be delayed for as lo...
Tag: Failure
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo – Featured Bitcoin News
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re go...
Sen. Pat Toomey slams Congress’s failure to produce crypto regulation in good time
Sen. Pat Toomey criticized the the slow process of passing U.S. crypto trading regulations. Hostility and a lack of transparency by the SEC, alongside a failure to pass regulatory guardrails, ha...
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’ – Regulation Bitcoin News
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Fina...
Gensler pressed on FTX failure, warns investors to ‘be careful, beware.’
Securities and Exchange Commission Chair Gary Gensler continued to raise red flags about the crypto industry, and responded to questions about whether his agency has failed to go after large actors in...
Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon
The biggest news in the cryptoverse for Nov. 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto ...
eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on Oct. 25, 2021, with Pr...
Justin Sun backed EthereumFair, a PoW failure down 75% in a month
Billionaire Justin Sun was the most influential promoter of EthereumFair (ETHF), one of Ethereum’s many proof-of-work (PoW) forks during its merge to proof-of-stake (PoS). EthereumFair opened for trad...
Indianapolis Colts’ Reliance On Quarterback Carousel Has Been A Massive Failure
The Indianapolis Colts have regressed over recent years as they’ve relied on aging veterans at … [+] quarterback. (Photo by Andy Lyons/Getty Images) Getty Images The Indianapolis Colts may...
US DOJ Sues Founder of Defunct Crypto Mixer Over Failure to Pay $60M Fine
The United States Department of Justice (DOJ) has sued Larry Dean Harmon, the founder of defunct cryptocurrency mixer Helix, for failing to pay a civil penalty of $60 million since his indictment in 2...
El Salvador’s Bitcoin Adoption Experiment: Salvadorans Feel It Is a failure
Ratings agencies have downgraded El Salvador’s credit score. Most people have not used their wallets beyond the $30 incentive. Indicators signal ruin; however, economic doom is not certain yet. In 202...
Terra was a “Massive Market Failure,” but not a Scam: Do Kwon
Do Kwon talks about the charges against him in a recent episode of the Unchained Podcast, on October 18, 2022 with Laura Shin. He shared his message to Terra victims, and answered the allegations abou...
Warriors Failure To Suspend Draymond Green Will Cost Them The NBA Championship: Jalen Rose
DALLAS, TEXAS – JANUARY 05: Draymond Green #23 of the Golden State Warriors reacts after being … [+] fouled by the Dallas Mavericks in the third quarter at American Airlines Center on Janu...
Credit Suisse Shares Tank As Capital Concerns Spark Reminders Of Lehman Brothers Failure: Here’s What We Know
Topline Shares of Credit Suisse plunged to an all-time low Monday as investors traded on concerns about the Swiss banking giant’s financial health and management’s ability to restructure the instituti...
Hackers Release L.A. School District Data Over Failure To Pay Ransom, Officials Say
Topline Hackers on Saturday leaked data stolen from the Los Angeles Unified School District—the second-largest public school system in the country—after officials refused to pay a ransom to the group ...
Satoshi Fund CEO Warns Ethereum And Points Towards Vitalik Failure
The top two cryptocurrencies have remained strict competitors for each other. Bitcoin and Ethereum have always been at the neck of each other through narrative wars from their respective proponents. S...
XRP Lawsuit ‘Gross Overreach’ of SEC Amid Failure To Provide Regulatory Clarity: Ripple CEO Brad Garlinghouse
Ripple chief executive Brad Garlinghouse says his company is “confident” moving toward the possible conclusion of its court battle against the U.S. Securities and Exchange Commission (SEC). Garlinghou...
IRS secures court approval to probe records of M.Y. Safra Bank, SFOX users over failure to report taxes
On Sept. 22, a U.S. judge granted the Internal Revenue Service’s (IRS) petition that requires M.Y. Safra Bank to submit records of taxpayers who may not have reported or paid taxes on crypto transacti...
How Failure Led Gwyneth Paltrow And Amy Schumer To Lisa Odenweller
Kroma Wellness’ Lisa Odenweller Kroma Wellness While many entrepreneurs see “failure” as a sign of defeat, Lisa Odenweller saw a wealth of opportunity. Even in the middle of a pandemic. As a fou...
Damning report highlights SEC failure to approve bitcoin spot ETF
The Digital Chamber of Commerce has released a report that highlights its concern over the SEC failure to approve a bitcoin spot ETF. A report released today by the Digital Chamber of Commerce is titl...
What Are Odds Of Ethereum Merge Failure?: Experts Predict
Amid high anticipation for the upcoming Ethereum network upgrade, The Merge is all set to happen in next few days. Already, the Ethereum Foundation had announced the shutdown of Ethereum Merge testnet...
Is STEPN [GMT]’s failure a result of the tokenomics strategy? Here’s the assessment
STEPN [GMT] was recently highlighted in a recent Messari Twitter thread which evaluated its performance before and after Solana [SOL] network woes. The thread showcases how market changes can disrupt...
Bitcoin Price Analysis: Failure at 19485
BTC/USD Sideways After Bounce: Sally Ho’s Technical Analysis – 9 September 2022 Bitcoin (BTC/USD) worked to sustain a brief bounce higher early in the Asian session as the pair continued to trade...
Where Amazon is heading in health after the Amazon Care failure
In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudêncio | SOPA Images | Lightrocket | Getty Images Chalk up another ...
US politician’s failure to report husband’s crypto trades branded “disturbing”
US Republican representative Lauren Boebert neglected to file transaction reports for eight cryptocurrency trades made last year by her husband, according to her annual financial statement. The trades...
Cardano CEO Kept Strong Passion Despite the Testnet’s Failure
12 mins ago | 2 mins read Editors News Charles Hoskinson said that Cardano is his greatest passion and that he is not quitting. The CEO stated that they were actively trying to fix the issue. We are a...
Terra Was “a Massive Failure in Risk Assessment”: Do Kwon
Key Takeaways Do Kwon has admitted that Terra was “a massive failure in terms of risk assessment” in a Coinage interview. The Terraform Labs CEO said that he had failed to account for the ...
“An Insult”: Do Kwon’s First Interview Since Terra Failure Flops
Key Takeaways Do Kwon has broken his silence for the first time since Terra’s collapse in an extended interview with Coinage. Viewers have criticized the first part of the feature for failing to...
Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure
Alex Mashinsky, founder and chief executive officer of Celsius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, on April 13. (Benjamin Girette/Getty Images) In Sept...
Amazon’s ‘Paper Girls’ Is Another Strange Adaptation Failure, Like ‘Y: The Last Man’
Paper Girls Amazon I’m not sure what it is, but there appears to be something about Brian K. Vaughn stories that work extremely well in comic form, but just cannot make the leap to big screen adaptati...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...