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Nalezeno "failures": 128

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming


In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...

Binance Reveals Incident That Forced It to Freeze BTC Withdrawals


In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...

Report: EA Executives Blame Halo, Covid For Battlefield 2042's Failures


While the game has its fans (hi!), there’s no escaping the fact that in a wider context Battlefield 2042's launch has been a disaster for Electronic Arts. Fan reception has been hostile, playercounts have dropped like a stone and the company won’t even disclose how many copies of the game have...

Nigerian Central Bank: We Are Not Worried About the Naira’s Valuation


The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but is instead interested in “boosting dollar supply on the currency market.” Naira Depreciation According to...

Bitcoin and Altcoins Turn Red After Multiple Failures


After multiple failed attempts near USD 19,500, bitcoin price dropped and broke the USD 19,000 support level. The price is currently (05:00 UTC) down over 2% and it could continue to move lower towards the USD 18,500 level or even USD 18,200. Similarly, there was a bearish reaction in most major...

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