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Algorand Foundation Among Creditors Opposing Restructuring of Troubled Crypto Exchange Hodlnaut
25.4.2023
Several of the largest creditors of troubled Singaporean crypto exchange Holdnaut have indicated that the want the company to be placed in liquidation as opposed to a restructuring, according to an announcement
USDC Boasted Transparency but It Didn't Help When Silicon Valley Bank Got Into Trouble
5.4.2023
The stablecoin offers greater transparency than competitors like Tether, but, unfortunately, that proved of little value as it was de-pegged during the recent banking crisis, says JP Koning
Everstake CEO: Many Delegators Fail to Understand What Staking Is - And It May Lead to Trouble
2.4.2023
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.__________
Our company, Everstake, has been in the validation business for almost five years. And while our revenue model heavily relies on incentivizing people to stake their crypto, seeing that some of them don’t really...
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
23.3.2023
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences....
Gensler Sticks to His Guns: Proof-of-Stake Tokens Could Be Securities – Ethereum in Trouble?
16.3.2023
Securities and Exchange Commission Chair Gary Gensler has once again indicated that tokens using staking protocols could be considered securities under US law.
During an open meeting of the SEC on Wednesday, Gensler reportedly said that Proof-of-Stake (PoS) tokens can be considered securities...
Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’
16.3.2023
Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday...
Silvergate's Collapse May Spell Regulatory Trouble for Crypto
8.3.2023
Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday
Billionaire Mark Mobius Says He Can’t Get His Money Out of HSBC China – ‘They’re Putting All Kinds of Barriers’
7.3.2023
Billionaire Mark Mobius, founder of Mobius Capital Partners, says he cannot take his money out of HSBC in Shanghai, China. Citing severe capital control by the Chinese government, he stressed: “It’s crazy … They’re putting all kinds of barriers.” Mark Mobius...
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
1.3.2023
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches
Dapper Labs Ruling Could Spell Trouble for Other Centralized NFT Projects, Experts Say
23.2.2023
If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities
Oasys welcomes Yooldo Verse and Trouble Punk: Cyber Galz
20.2.2023
Oasys has an environmentally friendly blockchain that is EVM compatible and supported by the proof-of-stake mechanism. Since Yooldo Verse and Trouble Punk: Cyber Galz announced their joining the team to deliver the finest user experience, these two components have successfully supported its gaming...
Terra Luna Classic Price Prediction as the SEC Sues Terraform Labs and Do Kwon – Is LUNC in Trouble?
17.2.2023
The terra luna classic price has fallen to $0.00016791, with its 4.5% drop today following the news that the SEC is charging Terraform Labs and CEO Do Kwon "with orchestrating a multi-billion dollar crypto asset securities fraud." LUNC remains up by 4.5% in the past week, but is down by 4% in...
New York Regulator Launches Investigation into Stablecoin Issuer Paxos – Binance BUSD in Trouble?
10.2.2023
Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.
The New York Department of Financial Services (NYDFS) has acknowledged an ongoing probe.
Known for running Binance USD (BUSD), Paxos is an industry leader in stablecoin technology. Offerings also include...
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax
4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
Hry zadarmo, nebo se slevou: Akce na předplatné Ubisoftu a First Class Trouble zdarma
13.1.2023
Na všech herních platformách je každou chvíli nějaká slevová akce. Každý týden proto vybíráme ty nejatraktivnější, které by vám neměly uniknout. Pokud chcete získat hry zdarma nebo s výhodnou slevou, podívejte se na aktuální přehled akcí!
Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits
5.1.2023
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year.
According to a Thursday report by...
Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
2.1.2023
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...
Atari’s Shambling, Zombie Corpse Is Once Again In Trouble
21.12.2022
Is it that time already? Atari, whatever that name actually means, is once again announcing it’s having a financial wobble. You could set your watch by how regularly this occurs. Who could have thought that launching a console no one wanted, while investing in crypto grifts, wasn’t the path...