Search
Trump’s Victory Sparks Massive Politifi Token Meltdown
6.11.2024
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in Freefall After U.S. Election Politifi tokens, especially those tied to candidates, are under...
Wizards Responds To Magic: The Gathering Commander Meltdown Over Controversial Card Bans
30.9.2024
A week ago, the independent Rules Committee for Magic: The Gathering Commander, the collectible card game’s most popular format in recent years, announced a surprise ban of three of its most popular and expensive cards. The reaction from some fans was swift, loud, and in some cases escalated...
The Anatomy of a Meltdown (and Just BTFD)
14.8.2024
GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years
Economist Jim Rickards Highlights Gold’s Opportunity During Market Meltdowns
7.8.2024
Jim Rickards, a U.S. economist and best-selling author of the book “Currency Wars,” has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in gold prices in the next two years, stated that strong hands expect gold to reach...
‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
6.8.2024
Nassim Nicholas Taleb says gold still stands apart as a store of value
How decentralization could have prevented the global Microsoft meltdown
26.7.2024
The recent Microsoft failure shows how vulnerable centralized systems are
Microsoft blames Crowdstrike meltdown on 2009 European Union deal
23.7.2024
The security incident affected 8.5 million Windows systems worldwide as commercial operations were hit with the “blue screen of death.”
Meme Coin Meltdown: Presidential Tokens TRUMP and BODEN Tumble Amid Market Slump
20.6.2024
Amid a general downturn in the cryptocurrency market, meme coins have experienced notable losses over the past week. Dogecoin and shiba inu declined by 13.9% to 15.6% respectively in the last seven days, while presidential meme coins such as TRUMP and BODEN also suffered substantial double-digit...
Helldivers 2 Community Manager Seemingly Gone After PlayStation Login Meltdown
8.5.2024
Things in the world of Helldivers 2 are going back to normal after Sony reversed course on a controversial PSN login requirement for the popular sci-fi shooter on PC. But not everyone appears to have made it out of the public relations fiasco in one piece. Arrowhead Studios community manager Spitz...
Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives
3.4.2024
Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe.
The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews
Black Swan Looms in 2024, Expert Warns of Unprecedented Economic Upheaval and US Election Disruption
2.1.2024
The economic forecast for 2024 has undergone significant shifts, with lawmakers and the U.S. Federal Reserve anticipating a “soft landing” for the year. The prevailing belief is that while the economy will decelerate in 2024, the slowdown will be relatively mild. Nonetheless...
Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash
21.11.2023
A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit cards for receiving...
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
15.11.2023
U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam
Market meltdown: Borroe stands out as a safe haven
2.9.2023
Borroe ($ROE), a recent entrant in the cryptocurrency sphere, aims to revolutionize the Web3 sector. It offers an innovative approach to financing that simplifies project and business funding. As the cryptocurrency market faces threats of a severe meltdown, Borroe has stood its ground as a haven...
Subpoena Evasion: 3AC Asks Court to Fine Kyle Davies $10,000 Daily for Non-Compliance
18.6.2023
In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against...
Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions
15.5.2023
Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging in riots. Simultaneously, leaders...
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt
26.4.2023
Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed....
Tether Market Cap Rises by 10% Following Stablecoin Meltdown – Can it Maintain the Lead?
15.3.2023
The market capitalization of the popular stablecoin tether (USDT) has risen as other stablecoins, including Circle’s USD coin (USDC) and MakerDAO’s DAI briefly lost their pegs over the weekend.
As a result of the increase in marketshare for tether, Binance USD (BUSD), a stablecoin issued...
Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown
15.3.2023
BTC price attempts to break towards the week's highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls