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Today in Crypto Turmoil: Woes Deepen, Legal and Repayment Developments from Celsius, 3AC, Voyager Digital, and More
8.7.2022
The market may be on the up as the week draws to a close, but crypto turmoil shows no signs of abating. There are more goings-on at Three Arrows Capital (3AC), Celsius (CEL) is in the spotlight again – and the Voyager journey continues.
Here’s a round-up of the latest happenings in...
Are Block Builders the Key to Solving Ethereum’s MEV Centralization Woes?
6.7.2022
Proposer-builder separation is one way Ethereum is implementing modular decentralization
Peter Schiff Gets an Unexpected Lesson in the Benefits of Bitcoin as Banking Woes Bite
4.7.2022
The arch-Bitcoin (BTC) skeptic Peter Schiff has experienced problems with the traditional international banking system – giving BTC advocates the opportunity to tell him that his struggles could have been avoided had he made use of bitcoin.
Schiff has become infamous in the world of crypto...
First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes
1.7.2022
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
26.6.2022
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black...
Wire Network's new protocol aims to end Web3 interoperability woes
23.6.2022
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate
Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
2.6.2022
Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
10.5.2022
U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading
Reminder: The Merge Won’t Solve Ethereum’s Scaling Woes by Itself
13.4.2022
Ethereum’s transition to proof-of-stake might finally be around the corner, but true scale won’t come from a single upgrade
Waves Founder Blames Short Sellers for Its Woes. Here's Why That's a Red Flag
6.4.2022
To longtime finance observers, blaming shorts often looks like the last desperate deflection of a project in denial about its own failures
Gran Turismo 7 Woes Highlight The Danger Of 'Always Online' Games
21.3.2022
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First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
15.3.2022
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U.S. central bank's decision on an interest rate hike
Crypto Industry’s Sanctions Woes on Full Display in MetaMask’s Venezuela Hiccup
4.3.2022
MetaMask and Infura raised Crypto Twitter’s ire after accidentally blocking some users from its service to comply with new U.S. sanctions
Caribbean CBDC Stays Down for More Than a Month as Technical Woes Continue
22.2.2022
DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has remained offline for more than a month as technical issues continue to impact the platform, triggering growing concern among its users.
“The DCash platform remains unavailable, resulting...
Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes
14.2.2022
A glitch lasting minutes rather than hours nonetheless has far-reaching repercussions as Bitcoin's trending towards $40,000 pressures COIN further
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network
8.1.2022
Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status of the network, as well as the status page, reported this incident yesterday. This is the latest...
Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021
25.11.2021
Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation...
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH
28.10.2021
A decentralized focus on supply chain logistics and the growing popularity of Web 3 applications back TRAC’s move to a new all-time high
Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3
4.10.2021
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation