Bitcoin News / Bitcoinist - 2 years ago
The CEO of the world’s largest crypto exchange Binance Changpeng “CZ” Zhao addressed the bailout happening in the industry. As a result of the recent downside trend across the market, the collapse of the Terra ecosystem, and high leverage positions,...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
United States Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry. Peirce, the most pro...
Cryptocoins News / The Cointelegraph - 2 years ago
Crypto-focused hedge fund and venture capital firm Three Arrows Capital is considering the sale of remaining assets and even a bailout as it grapples with the prospect of insolvency in the wake of a violent collapse in digital asset markets. The firm...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of advisors to “work out a solution for its investors a...
by COINS NEWS - 2 years ago
Basis: The credit based economy created by the central banks where the foundational layer of money has no collateral is unsustainable. Let me start from the 2020 to 2022 scenario. Covid pandemic happened. Lockdown was initiated worldwide. Productivit...
Bitcoin News / Bitcoin.com - 2 years ago
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of M...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
On Thursday, Jump Crypto, a crypto venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced it had deposited 120 thousand Ether (ETH) into a Solana-Ethereum bridge that suffered a devastating exploit. The day p...
More / Bitcoin Reddit - 2 years ago
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by COINS NEWS - 3 years ago
Instead of trying to adapt to Crypto currency’s place in the financial community, banks are breaking their own rules and certain federal laws by trying to destabilize and discredit this new form of banking alternative. Everyone knows banks are one of...
by COINS NEWS - 3 years ago
I hate all FUD, the current anti Crypto legislation and corrupt politicians as much as you do, but we need to stay correct on what we say here. What Sen. Warren has said is that companies which heavily invest in crypto may need a bailout if the crypt...
Bitcoin News / Bitcoin.com - 3 years ago
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,...
by COINS NEWS - 3 years ago
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