Search Results for: financial meltdown

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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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. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight

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Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance,…

US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto

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A NOSOTROS. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that “cryptocurrency cannot be stopped” y “la…

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown

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Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched…

NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts

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New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like…

EE. UU. y Corea del Sur compartirán datos sobre casos de criptomonedas, Incluyendo LUNA y UST Meltdown: Reporte

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Los Estados Unidos. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) y la moneda estable terrausd (UST). A NOSOTROS. and South Korea to…

Reporte: Crypto Hedge Fund Three Arrows Capital lanzó una operación de arbitraje de GBTC antes del colapso rumoreado

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La semana pasada hubo mucha atención en el criptofondo de cobertura Three Arrows Capital (3C.A.) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. Según un informe reciente, 3C.A.’s…

Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

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Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 billones, Etéreo’s hashrate tapped an all-time high on May 13, a la altura del bloque 14,770,231. Cryptocurrency miners continue to dedicate large…

Las inquietantes similitudes del gran cambio monetario de hoy y la creación del sistema de la Reserva Federal impulsada por el pánico

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Si bien muchos estadounidenses creen que los EE.. La Reserva Federal es el guardián del país.’sistema monetario, también se cree que es una de las peores instituciones financieras jamás creadas. En 2022, en medio de una economía sombría, guerra, and a number of global…