According to infrastructure providers, Signature Bank’s Signet payment network infrastructure remains intact after the takeover by the Federal Deposit Insurance Corporation. Signet’s blockchain builde...
Tag: Flee
Crypto buyers flee the market as headwinds intensify, global market cap falls below $1T
Ad According to CryptoSlate data, the total crypto market cap fell below $1 trillion, marking a three-week low. Similarly, market leader Bitcoin lost $22,000 as bears took control. Recent days have se...
SOL Bulls Flee as Price Drops Over 5% Owing to Bearish Pressures
After encountering resistance, the previous day’s bullish trend yields. Indicators predict that the market’s downward trend will likely continue. During the downturn, the SOL market finds support at $...
Cathie Wood Sells 99% of Silvergate Stake as Customers Flee
(Bloomberg) — One of Cathie Wood’s funds sold virtually all of its shares in Silvergate Capital Corp. after the cryptocurrency-focused bank announced that it was forced to sell assets at a steep...
Why Did SBF Not Have To Make A Payment To Secure Release? Can He Flee The US?
– Advertisement – A US judge granted SBF bail on Thursday after prosecutors and SBF’s attorneys agreed on the terms. However, the details have left crypto community members with unanswered...
My Investments Are ‘Dwindling Away Slowly.’ Should We Flee to Cash?
Ask an Advisor: My Investments Are ‘Dwindling Away Slowly.’ Should We Flee to Cash? My wife and I currently have roughly $250,000, with half in our Roth individual retirement account (IRA)...
Oil Plummets, Erasing All 2022 Gains as Traders Flee Market
(Bloomberg) — Oil dropped to the lowest since last December as investors pared back crude positions amid a broader market sell-off. Most Read from Bloomberg West Texas Intermediate settled near ...
Investors flee ImmutableX and DASH as markets fall while investors pile into the safe haven coin known as Snowfall Protocol!
As the crypto markets take a dive, investors are looking for a safe haven to park their funds. Many have turned to Snowfall Protocol (SNW) as a reliable and secure option. Snowfall Protocol (SNW) is a...
Traders Flee Crypto Markets After FTX Collapse
(Bloomberg) — The wild-west days of crypto markets are back again as the large trading houses that once thrived on arbitraging price gaps pull back in the wake of FTX’s collapse. That’s opening ...
Musk Celebrates New Twitter Usage High as Engineers Flee Company
(Bloomberg) — Twitter Inc. owner Elon Musk tweeted out an upbeat message saying the company beat its all-time high in usage late Thursday, on a day when many employees decided to leave the compa...
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source fa...
Biggest Defeat For Russia In A Generation As Starving Troops Flee Across A Key Ukrainian River
Ukrainian forces in Kherson Oblast. Czech T.V. capture The Kremlin has ordered its forces to withdraw from the city of Kherson on the Black Sea coast in southern Ukraine. The order comes eight months ...
Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance
The crypto industry is witnessing a new war between exchange giants FTX, led by Sam Bankman-Fried, and Binance-led Changpeng “CZ” Zhao. Over the past week, rumors emerged about the former exchange bec...
Advertisers Flee As Twitter Lays Off Nearly Half Of Its Workforce
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images. SOPA Images/LightRocket via Getty Images The news that a reported 3,700 TwitterTWTR employees were let go via email, was...
Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High
Bitcoin’s correlation with gold has just hit its highest level in the last 12 months this week, as investors have been lured by a strong dollar amid rising interest rates. While Bitcoin has long been ...
Credit Market Moves Toward Breaking Point as Investors Flee, Sales Flop
(Bloomberg) — Credit markets are starting to buckle under pressure from soaring yields and fund outflows, leaving strategists fearing a rupture as the economy slows. Most Read from Bloomberg Ban...
Economy flights from Moscow to Dubai hitting $5,000 as Russians flee
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images ...
Miners flee PoW tokens as token prices tank, GPU value flounders
Crypto miners who initially flocked to GPU-compatible proof-of-work tokens after the Ethereum (ETH) Merge are fleeing those networks after the value of their tokens fell, according to available data. ...
Engineer admits stealing Apple Car trade secrets before trying to flee to work for rivals in China
A former Apple employee has pleaded guilty to stealing trade secrets from the company regarding its highly secretive self-driving car project. Xiaolang Zhang was charged on Aug. 22 at a court in San J...
War and bear market forces Japanese crypto miners to flee Russia
Listen to this article. Japan’s largest online broker is packing up its crypto mining operations in Russia due to uncertainty caused by the Ukraine-Russia war and ongoing crypto rut. As reported by Bl...
Russians flee Putin’s regime after Ukraine war in second wave of migration
A ‘second wave’ of Russians are now formally relocating to countries spanning Europe, the Middle East and Asia after spending time getting their affairs in order. Natalia Kolesnikova | Afp...
Terra Projects Flee to Polygon Following the UST-LUNA Collapse
A plethora of NFT projects, devs, and their ecosystems were left stranded in the Terra wreckage. Two months later, almost 50 crypto projects and their coders based on the fallen network have now found...
Argentinians flee to crypto in economic uncertainty
When Argentina’s minister of the economy resigned over the weekend there was a rush to transfer the Argentine peso into dollar stablecoins. With many expecting the local currency to fall on the news, ...
Thousands Flee Electra California Wildfire–Here’s What We Know So Far.
Topline Roughly 1,100 people in Northern California were forced to evacuate Tuesday and Wednesday as the Electra Fire – believed to be sparked by Fourth of July fireworks or a barbecue – tripled in si...
Celsius denies allegations of Alex Mashinsky trying to flee US
Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed. A spokesp...
Rumors circulate that Celsius CEO Alex Mashinsky attempted to flee the U.S.
Unconfirmed reports have emerged that Celsius CEO Alex Mashinsky attempted to leave the U.S. last week. Celsius is battling a liquidity crisis On June 13, Celsius announced it had implemented a pause ...
Did Celsius Network CEO Attempt To Flee? Impact On Celsius Price
2022 will undoubtedly be remembered as one of the worst years for the crypto industry. Although acquisition grabbed center stage, losses quickly followed. Furthermore, the demise of Terra and the Cels...
Bancor becomes RISKY as Investors Flee Bad Policies…Here’s Why!
As the cryptocurrency market started to crash, many projects became very risky. Those blockchain companies tend to over-capitalize cryptocurrencies. In bear markets, cryptocurrencies become valued les...
Bitcoin Long-Term Holders Flee, Miners Worried! What’s Next For BTC Price
Traders and investors were still recovering from Terra LUNA’s catastrophic crypto crash, and now the unexpected drop in Bitcoin appears to be a nightmare for many. The leading cryptocurrency fell belo...
The Dollar Will Only Fall When There’s Somewhere Else for Investors to Flee To
Text size It would be difficult to find a currency to dethrone the dollar. Asif Hassan/AFP/Getty Images About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He wa...