A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will...
Tag: Issues
Bringing community-based solutions to crypto lending can solve trust issues
A type of decentralized finance (DeFi) that allows investors to lend their crypto tokens in return for regular interest payments, the crypto lending space comprises both centralized and decentralized ...
Epic Games to Pay $520M to FTC Over Fortnite ‘Design Tricks,’ Privacy Issues
In brief Fortnite creator Epic Games will pay $520 million in FTC settlements regarding allegations over in-game purchases and protecting young players. Epic Games is valued at $31.5 billion and is wo...
Crypto Analyst Issues Warning on Dogecoin (DOGE), Binance Coin (BNB) and One Ethereum Rival
A closely followed crypto analyst is issuing a warning on leading meme altcoin Dogecoin (DOGE) and two other major digital assets. The pseudonymous analyst known as Altcoin Sherpa tells his 187,000 Tw...
Top Crypto Analyst Issues Bitcoin Warning, Says BTC Looks Horrendous and Primed for New Bear Market Low
A widely followed crypto strategist is warning Bitcoin holders, saying BTC bears currently have the upper hand and could send the king crypto to a fresh bear market low. In a new strategy session, pse...
Bitvavo Claims DCG Has Liquidity Issues, Exchange Funds Unaffected
As the fallout from the FTX implosion continues to unfold across the pond, DCG Group is also said to be dealing with liquidity issues and has halted repayments “until liquidity issues have been resolv...
Top Crypto Analyst Issues Warning for Binance Coin, Says BNB Following Terra (LUNA) Chart Prior to Implosion
An analyst who nailed Bitcoin’s (BTC) 2018 bottom is predicting an epic collapse for Binance Coin (BNB), the utility token of the world’s largest crypto exchange. Pseudonymous analyst Smart Contracter...
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues – Bitcoin News
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting t...
Bitcoin Giant DCG Has Locked Nearly $300,000,000 in Crypto Amid Liquidity Issues, Says Dutch Exchange
Dutch crypto exchange Bitvavo says that Digital Currency Group (DCG) is withholding hundreds of millions of dollars from it due to liquidity issues. In a recent company statement, Bitvavo says that DC...
OKX Withdrawals on Pause as Exchange Tackles Cloud Provider Issues
Popular cryptocurrency exchange OKX is experiencing connection issues with their cloud provider, according to their most recent announcements. It appears that withdrawals aren’t functioning at the tim...
Analyst Who Accurately Called Massive Bitcoin Crash Issues Major Update for Crypto Traders
The legendary trader who accurately predicted Bitcoin’s crash in January of 2018 says BTC looks primed for another sell-off event. Seasoned analyst Peter Brandt tells his 689,700 Twitter followers tha...
DCG suspends repayments citing liquidity issues
Digital Currency Group, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear market, ha...
Bitvavo suspends repayments citing liquidity issues
Digital Currency Group’s Bitvavo, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear ...
Popular Crypto Analyst Issues Ethereum Warning, Details Catalysts That Could Trigger Massive Plunge
Widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) may collapse due to at least one big economic worry. In a new strategy session, Cowen tells his 779,000 Youtube sub...
Jim Cramer Issues Stark Warning About Binance
Alex Dovbnya CNBC host Jim Cramer claims that he finds DraftKings to be more trustworthy than Binance Contents O’Leary spat Mazars and Binance In a Friday tweet, longtime CNBC host Jim Cramer ar...
New York State Financial Regulator Issues Guidance for Banks That Want To Engage With Crypto
The New York State Department of Financial Services (NYDFS) is publishing new rules for banks planning to submit proposals to venture into crypto. Under the new guidance, New York-regulated banking or...
Musk Suspends Journalists, Crypto Twitter Reports Issues
Twitter boss Elon Musk has suspended the accounts of several journalists. While the mainstream media harshly criticizes Musk, numerous voices are supporting the decision. Meanwhile, Crypto Twitter is ...
New York State issues guidance for banks seeking to engage in activities with crypto
The New York state Department of Financial Services (DFS) released guidance on Dec. 15 for regulated banks seeking to engage in activities with virtual currency. The guidance, which took effect immedi...
Changpeng Zhao Issues Internal Warning to Binance Staff About Crypto Winter: Report
Binance CEO Changpeng “CZ” Zhao is reportedly telling his colleagues that the bear market will get worse, but the world’s biggest digital asset exchange will weather the crypto winter. According to a ...
Binance CEO Issues Warning to Employees: Challenging Times Ahead
Changpeng Zhao, the founder and CEO of Binance, warned employees of the forthcoming challenges. Is he planning layoffs? According to a Bloomberg report, Changpeng Zhao sent a memo to Binance employees...
Analyst Who Called Last Crypto Collapse Warns of Bull Trap, Issues Alert on Bitcoin, Ethereum and BNB
A closely followed trader who called the 2022 crypto collapse is warning of a bull trap after the latest consumer price index (CPI) data came in better than expected. The pseudonymous crypto trader kn...
Canada Issues New Stringent Guidelines For Crypto Exchanges
27 seconds ago | 2 mins read Exchange News The regulator requires firms to keep their customers’ assets separate from their own. Exchanges will have to comply with prohibition on margin and leverage t...
Twitter CEO Elon Musk Issues Warning to Staff Over Leaking Data
Bitcoin News Musk issued a stern warning against the release of confidential information. The Tesla CEO allegedly gave Twitter staff till Saturday night at 5 pm to react to his email. According to rep...
Investors Face Trust Issues With the Grayscale GBTC
– Advertisement – The issues surrounding the Grayscale GBTC trust have been underscored by the recent reports of its record discount. Grayscale Investments, a leader in digital currency as...
SBF: FTT Issues for FTX Lenders?
Rumors are circulating on Twitter regarding a possible issuance of the FTT token to repay Sam Bankman Fried‘s (SBF) creditors after the failure of FTX. Obviously, this news has sparked much discussio...
SEC internal investigator leaves a month after raising staff retention issues
The Securities and Exchange Commission has lost its acting inspector general, a month after he raised problems with the agency’s staff retention under Chair Gary Gensler. Nicholas Padilla ...
US SEC Issues Crypto Disclosure Guidance for Public Companies
The U.S. Securities and Exchange Commission (SEC) is encouraging public businesses to issue new disclosure standards after the fall of FTX. The regulator released a note on Thursday, stating, “The Div...
Celsius issues latest update regarding customer withdrawals after court ruling
Collapsed cryptocurrency lending platform Celsius Network has issued the latest update on the progress of allowing customer withdrawals as the bankruptcy hearings continue. This is after a bankruptcy...
Waves’ USDN Stablecoin Depegs, Korean Regulator Issues Warning
Algorithmic stablecoin Neutrino Dollar (USDN) has depegged from the dollar once again, marking the fifth time that USDN has had trouble maintaining its dollar peg this year. The Waves-backed stablecoi...