Solana decentralized finance (DeFi) protocol Everlend Finance is closing down its operations and urging clients to withdraw funds from the platform. The company announced the decision on Twitter on Fe...
Tag: Issues
TeraWulf Issues an Open Letter to Shareholders from Chairman and CEO
EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more...
Ralio Dalio Praises Bitcoin For 12 Years Of History, But Issues Warning
In a recent interview, Bridgewater founder Ray Dalio shared his views on the current Federal Reserve (FED) decision to raise interest rates by 25 basis points (bps) and the performance of Bitcoin (BTC...
Legendary ‘Big Short’ investor Michael Burry issues an ominous warning after the latest stock market rally: ‘Sell.’
After a dismal 2022, the stock market has had a red-hot start to the year, with the S&P 500 soaring over 6% in January and tech stocks having their best month since 2001. But Michael Burry, the he...
Betts issues RecruitCoin to disrupt the recruitment sector
Cryptocurrencies are on their way to solving problems in many sectors across most industries. Now RecruitCoin is about to become the first cryptocurrency with a solid use case for disruption of the re...
European Investment Bank issues first-ever sterling pound digital bond on blockchain
The European Investment Bank (EIB) has announced the issuance of its first-ever sterling-denominated digital bond, leveraging both public and private blockchains. According to EIB, the digital bond wo...
Veteran Trader Tone Vays Issues Bitcoin Alert, Says BTC To Hit ‘Triple-Headed’ Resistance Monster
Popular crypto trader Tone Vays isn’t convinced Bitcoin (BTC) will continue upwards in the short term despite the crypto asset’s sizeable January gains. The analyst tells his 123,000 YouTube subscribe...
Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Looming Recession To Weigh Down on Crypto
Bloomberg Intelligence senior macro strategist Mike McGlone is warning the economy is likely to enter a recession, resulting in a drop in cryptocurrency values. In a new interview with crypto influenc...
Venom Ventures Fund invests $5 million in Everscale to address Web3 scalability issues
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a collaboration with Everscale, a leading blockchai...
Analyst Nicholas Merten Issues Warning, Says Stocks and Crypto About To Trap Traders Before New Lows
A popular analyst is warning that the recent strength in risk assets is likely setting the stage for a brutal bull trap. In a new YouTube strategy session, crypto analyst Nicholas Merten tells his 511...
Analyst Known for Calling Bitcoin and Crypto Bottoms Issues Alert to Altcoin Traders
A crypto strategist who nailed Bitcoin’s (BTC) 2018 bottom believes we’re in for a rough few weeks after this year’s bullish start. Pseudonymous analyst Smart Contracter tells his 219,300 Twitter foll...
IRS Issues Reporting Obligations For Tax Payers Regarding Crypto Dealings
25 mins ago | 2 mins read Bitcoin News IRS has specified nine cases in which the answer must be “Yes.” Taxpayers who meet the qualifications must disclose any and all gains. The Internal Revenue Servi...
Elon Musk May Be Late On His San Francisco Rent, But The City Has Bigger Issues With Its Office Space
Elon Musk’s $44 billion takeover of Twitter Inc. last year hasn’t been a smooth ride, with employee turnover and social media sniping. And now Musk has apparently stopped paying rent at the company’s ...
Matter Labs fixes security issues in zkSync Layer 2 after OpenZeppelin audits
OpenZeppelin, a provider of smart-contract security solutions, has released the results of its latest security audits on zkSync, a zero-knowledge, proof-based scaling solution developed by Matter Labs...
Top Crypto Analyst Issues Warning on Ethereum Rival That’s Exploded Over 460% This Month, Says Selloff Likely
A widely followed cryptocurrency trader is urging traders to be cautious about an altcoin that has skyrocketed to a new all-time high this year. Despite Aptos’ (APT) “absolutely insane” triple-digit p...
BUSD market cap drops by $2b in January amid management issues
Binance’s BUSD stablecoin market cap has dropped by $2 billion in January after the reveal of a poor management instance. According to crypto price tracker CoinGecko, the market cap of BUSD decreased ...
Analytics Firm Glassnode Issues Bitcoin Alert, Says BTC May Face Sell Pressure From This Investor Cohort
Market intelligence firm Glassnode says that Bitcoin (BTC) could soon face sell-side pressure from short-term holders (STHs) eager to cash in on the king crypto’s latest price uptick. In a new analyti...
Analyst Issues Dire Warning: Is Bitcoin Bull Run Coming To End? Here’s What To Expect Next
The cryptocurrency market has seen positive sentiment in the past three weeks, with the price of Bitcoin fluctuating around $23,000 in the last 24 hours. However, key metrics from short-term and long-...
Coin Bureau Makes Prediction on Circle’s USDC, Issues Stark Warning – Here’s His Outlook
The host of the popular crypto channel Coin Bureau is predicting one US dollar-pegged stablecoin is poised to run the market. Coin Bureau host Guy Turner tells his 2.2 million subscribers that Circle’...
Crypto Shouldn’t Wait for Regulators to Fix Issues
SEC Commissioner Hester Peirce recommended against disregarding crypto in a speech at the Duke Conference. She believes that the industry must also self-regulate to a degree. United States Securities ...
Analyst Benjamin Cowen Issues Crypto Warning, Says Bitcoin (BTC) Rally Likely Unsustainable – Here’s Why
Popular crypto strategist Benjamin Cowen is questioning the sustainability of the current Bitcoin (BTC) rally based on historical precedence. Cowen tells his 782,000 YouTube subscribers that Bitcoin c...
Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. Most Read from Bloomberg In an internal...
Crypto Analyst Known for Calling Bitcoin Bottoms Issues Alert, Says Crypto Forming Biggest Bull Trap He’s Ever Seen
The trader who nailed last year’s epic Bitcoin (BTC) meltdown is issuing a warning, saying the current rally is not going to end well for crypto bulls. Pseudonymous analyst Capo tells his 710,100 Twit...
New York issues fresh guidance to tackle FTX-style co-mingling
Crypto companies will be forced to keep customer assets separate from company assets under new guidance due to be published by the New York State Department of Financial Services (NYDFS). As reported ...
Stealth Addresses Can Aid Ethereum’s Privacy Issues
Vitalik Buterin says that the privacy issue is the current most significant problem for Ethereum. A stealth address enables asset transfers without the need for prior communication with the recipient....
Thailand SEC Issues Rules For Firms Offering Crypto Custody Services
8 hours ago | 2 mins read Exchange News Since January 16th, the new rules have been in place. Already established firms have been given a grace period of six months to comply. On Tuesday, the Securiti...
Genesis Global caves to liquidity issues, files for Chapter 11 bankruptcy
Genesis Global — a Digital Currency Group (DCG) subsidiary — filed for Chapter 11 bankruptcy protection on Jan. 19 in the bankruptcy court of the Southern District of New York, it said in a press rele...
First National Geographic NFT Launch Meets Massive Backlash, Technical Issues
National Geographic has launched its first NFTs on Polygon and posted a detailed explainer of the technology on social media—prompting outright rage from hundreds of fans of the 135-year-old nature-ce...