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Nalezeno "failures": 163

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...

Jamstack News!


I totally forgot that the Jamstack Conf was this week but thankfully they’ve already published the talks on the Jamstack YouTube channel. I’m really looking forward to sitting down with these over a coffee while I also check out Netlify’s other big release today: Build Plugins. These are plugins...

Bailouts, Bitcoin, Disruption, Failures and Hope


From Boeing to Bitcoin in this week's discussion we're talking about our disrupted reality, the politically expedient path forward, why it almost certainly won't work, the alternatives to it, what this means for bitcoin and what you can do to help

Three Bank Failures Open New Chapter in Never-Ending Financial Crisis


The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...

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