It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals o...
Tag: misinformed
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’ – Bitcoin News
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously w...
Kraken CEO Jesse Powell and Coinbase Executive Slam SEC’s ‘Misinformed’ Staking Ban
Kraken CEO Jesse Powell and Coinbase’s chief legal officer Paul Grewal are vocally criticizing the U.S. Securities and Exchange’s (SEC) latest enforcement action against crypto staking. SEC chair Gary...
Tether says firms shorting USDT are misinformed and wrong
Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT following the Terra debacle in May were not only misinformed but al...