The restructuring of the SushiSwap protocol has created three separate DAOs that will be based in Panama and the Cayman Islands. SushiDAO Votes 100% For Restructuring The legal structuring proposed t...
Tag: troubles
Is Avalanche at the mercy of stakers and NFTs to save itself from recent troubles
Avalanche, as of 23 October, stood at rank #17 in terms of market cap according to CoinMarketCap. Lately, AVAX witnessed a massive decline in terms of social engagements and its overall sentiment. How...
Celsius’s Troubles Keep Getting Worse as Federal Investigators Zero In on Failed Lending Firm
Alex Dovbnya The beleaguered cryptocurrency lending firm is facing investigations in various cryptocurrency states Embattled cryptocurrency lender Celsius is under federal investigations, Bloomberg re...
Peloton’s Financial Troubles Have Users Fearing Loss Of Instructors Pushing Them To Go! Go! Go!
Peloton’s financial troubles are cause for concern among its loyal fanbase. (Photo by Ezra Shaw/Getty Images) Getty Images One question locked-down stationary peddlers never asked before shellin...
Tesla Sinks 50% From November Record High as Troubles Pile Up
(Bloomberg) — Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. Most Read ...
Ripple’s Legal Troubles and XRP’s Rally
The SEC and Ripple Labs agreed to forgo a trial, opting for a summary judgment that could come before the end of the year XRP is up more than 8,000% since its issuance but down 75% from its April 2021...
LUNC Price Gains 50% Despite Kwon’s Troubles, What’s Driving It?
Over the last week, the crypto space has been saturated with news of the hunt for Terra (LUNC) founder Do Kwon. The South Korean founder is now being hunted by both South Korean authorities, as well a...
CEO of Bankrupt Celsius Network Resigns Amid Company’s Troubles
Alex Mashinsky, the Chief Executive Officer (CEO) of bankrupt crypto lender Celsius Network, has resigned. In a Tuesday press release, Mashinsky said that he has tendered his letter of resignation to ...
Elon Musk Warns Again About Troubles Ahead
Elon Musk is worried about the future of the economy. The CEO of electric vehicle maker Tesla (TSLA) has been repeating for the past few days his fears about what awaits the economy as the Federal ...
Cramer thinks the mid-June market bottom will hold despite the many troubles facing stocks
CNBC’s Jim Cramer said Monday he believes the stock market low of mid-June will hold as the bottom in this terrible year of selling. However, he acknowledged that it won’t be easy and that...
Celsius crypto lender misled investors over financial troubles, says regulator
The circumstances surrounding the failure of the crypto lender Celsius continue to take unexpected turns, with the company declaring bankruptcy, accusations being leveled against a former manager for ...
3M’s Bankruptcy Setback Deepens Earplug Litigation Troubles
3M Co. had good reason to bet that it could use U.S. bankruptcy laws to shield itself from a mountain of personal-injury lawsuits filed over its allegedly defective military earplugs. But after a bank...
Regulatory Criticism, Internet Troubles Disrupt Spain’s Largest Crypto Event
Speakers included representatives from FTX, KuCoin, Waves and a delegation from El Salvador A Spanish regulator issued a warning to Mundo Crypto and its sponsors a few days before the event, reminding...
AMC stock plunges ahead of $APE debut, Cineworld troubles
AMC Entertainment is officially going “APE” in an effort to further solidify its financial future as its primary rival Cineworld says it’s exploring a bankruptcy. The company’s...
Fundraising Rounds of EtherMail, Datawisp, RISC Zero, and Stride Zone; Inflation Troubles Continues – crypto.news
Several projects have reported successful fundraising rounds recently, including EtherMail, Datawisp, RISC Zero, and Stride Zone. Inflation continues to trouble many countries. EtherMail Raises $3 Mi...
Here’s where China’s real estate troubles could spill over
China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a residential complex under construction on Dec. 15, 2021, in Guizhou ...
Celsius troubles mount as Canadian regulators launch probe into the lender
Troubles facing collapsed cryptocurrency lending platform Celsius seem to be escalating after it emerged that Canadian regulators are working with international partners to probe the now bankrupt firm...
Raoul Pal Warns on Macro Economy, Troubles for Crypto Ahead?
Macroeconomy experts throw light on current economic situations. On 25th July 2022, Real Vision co-founder and CEO—Raoul Pal talked about the present macro-economic situations and their effects on th...
Tether’s $840M Celsius loan liquidation poses legal troubles
Tether’s (USDT) liquidation of the $840 million loan it gave to Celsius could be under scrutiny under bankruptcy law to determine if the process was valid, the Financial Times reported July 26. The st...
Crypto: Trump’s ex-Ally’s Bitcoin Troubles Worsen
The past few days have been eventful for Anthony Scaramucci, the former White House communications director under Donald Trump. He spent 11 days in the role. “The Mooch,” as he is nickname...
Can Budding Troubles for Bitcoin Miners Result in BTC Price Crash?
Several bitcoin miners have seen tough times during recent market turmoil – but they do not seem to come to an end soon. Many cryptocurrencies have struggled during the recent market crash...
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miner...
Paid off Maker loans, and Celsius got rid of troubles for now, but for how long?
This move of crypto lender Celsius to repay a hefty loan in 143 Million DAI would be a heavy hit to the rumours about the firm being on the verge of insolvency For quite some time now, crypto lending ...
Circle CEO Jeremy Allaire Says Company Amping Up Transparency Amid Crypto Market Troubles
The chief executive officer of blockchain-focused payments platform Circle says that the firm is stepping up its efforts to be transparent as some companies in the crypto space face existential threat...
3AC files for bankruptcy amid financial troubles
According to a report by Bloomberg, three Arrows Capital has filed for Chapter 15 Bankruptcy. 3AC used to be one of the largest crypto investment firms, but the recent market conditions have proven ch...
CoinFLEX Says ‘Bitcoin Jesus’ Roger Ver Is Behind Its Withdrawal Troubles, $47M Debt
CoinFLEX—one of many crypto trading platforms to freeze customer withdrawals this month—isn’t facing an ordinary liquidity crunch. Rather, CEO Mark Lamb claims there is one man responsible for the pla...
Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns
Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. TSLA, -0.32%, Rivian Automotive Inc. RIVN, -3.59% and China-based NIO Inc. NIO, -4.69% on Monday, citing th...
Babel Finance Pauses Crypto Withdrawals Following Liquidity Troubles
Babel Finance – an Asian crypto lending platform coming off a $2 billion valuation – has revealed that it is facing liquidity pressures. In response, it has paused all withdrawals and redemptions from...
More Troubles For Struggling Celsius ($CEL), Major Investors Might Not Assist A Comeback
Celsius Network LLC, embattled crypto lending firm, is likely to fight its financial battles alone as multiple reports reaching WSJ suggest the loan company would probably not get any funding from two...
China real estate troubles sent debt indicator to record high
Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the year. Pictured here on May 16 is...