You Searched For "cryptocurrency critic" and got 20 results
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2 mins read
One of the largest cryptocurrency swapping platforms just lost $1.3 million as users failed to update approvals
If you have got a problem, you have to fix it on your own, according to the company. Multichain …
2 mins read
Jack Dorsey and Jay-Z under fire for bitcoin education program in Brooklyn public housing complex
Critics say that encouraging low-income communities to own cryptocurrencies might make them more vu…
Weilun Soon
7 mins read
Some crypto investors say TerraUSD and Luna's $60 billion crash pushed them to the brink and led to thoughts of self-harm
"Considering all the hardships, including ... the war that is now going on, the situation with Terr…
Weilun Soon
2 mins read
Cryptocurrencies are the future and could replace the dollar in 10 years, says chess grandmaster Garry Kasparov
Digital assets such as bitcoin offer protection against government-driven inflation, the chess lege…
Harry Robertson
1 min read
New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns
The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…
Carla Mozée
3 mins read
Jim Chanos defends short sellers, sounds the alarm on crypto fraud, and warns against investing in China. Here are his 12 best quotes from a new interview.
Chanos bemoaned the massive scale of the SPAC craze, described crypto speculators as gamblers, and …
Theron Mohamed
3 mins read
GOP Rep. Madison Cawthorn failed to properly disclose 'Let's Go Brandon' and Ethereum cryptocurrency purchases
Cawthorn failed to properly disclose up to $265,000 in purchases of Ethereum in addition to large a…
Kimberly Leonard,Madison Hall
1 min read
Wall Street lobbies are bashing the idea of a digital dollar from the Fed and say the move would drain money from the US banking system
Even if CBDC accounts were capped at $5,000 per user, they would drain in $720 billion in deposits,…
Brian Evans
2 mins read
FTX boss Sam Bankman-Fried believes bitcoin has no future as a payments network, because its 'proof of work' system means it can't scale up
The billionaire founder of crypto exchange FTX, Sam Bankman-Fried, told the FT that bitcoin won't b…
Zahra Tayeb
2 mins read
The co-founder of a major crypto wallet says 'putting your money in cryptocurrencies is gambling'
Aaron Davis, co-founder of the digital wallet MetaMask, told Vice it's "extremely dangerous" to say…
Katie Canales
1 min read
Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg
Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes …
Brian Evans
2 mins read
Bitcoin crash erases $36 million in value from El Salvador government's massive crypto investment as national debt grows
El Salvador became the first country to make bitcoin legal tender in September despite multiple war…
Hannah Towey
2 mins read
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped …
Harry Robertson
1 min read
SEC chief Gary Gensler says crypto exchanges are 'market making against their customers'
The SEC chief warned the lack of separations between services like custody, market-making, and prov…
Brian Evans
1 min read
Bitcoin skeptic Nouriel Roubini is pushing a digital replacement for the dollar as inflation threatens the greenback's reserve currency status
Nouriel Roubini, the economist and bitcoin critic often called "Dr. Doom", is working on the develo…
Brian Evans
1 min read
The SEC is nearly doubling its crypto enforcement unit as the agency sees retail investors 'bearing the brunt of abuses' in the digital asset sector
The Wall Street regulator said it would add 20 positions to its Crypto Assets and Cyber Unit, bring…
Brian Evans
1 min read
The Bank of England said 20% of commercial banking deposits could shift to 'Britcoin' - and dismissed stablecoins as an alternative
Governor Andrew Bailey said central bankers face a choice between regulating stablecoins and introd…
George Glover
3 mins read
GOP Rep. Madison Cawthorn appears to have violated the STOCK Act by failing to disclose 'let's go brandon' cryptocurrency purchase
The coin is a nod to the "let's go brandon" chant that's popular among Republicans and mocks Presid…
Kimberly Leonard,Dave Levinth…
3 mins read
A top crypto fund shares the 3 risks associated with ethereum's upcoming merge — and explains why there isn't a definite date for the upgrade
Developers aren't sure when exactly "the merge" will take place because it's a technically challeng…
Shalini Nagarajan
2 mins read
London's massive public transport body is cracking down on crypto ads after meme token floki inu's campaign flooded the city's travel system
London's transport authority is tightening its rules on crypto ads after a campaign for an unregula…