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07 Jun 23

CNBC’s Jim Cramer advises exit from crypto, cites high scam potential

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Renowned CNBC host Jim Cramer warns investors against the dangers of cryptocurrency, urging immediate withdrawal and hinting at market manipulation risks. On June 6, Jim Cramer, the outspoken host on CNBC, raised alarms about potential market manipulations in the crypto realm. […]

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16 May 23

FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report from the FDIC has revealed that poor management was the primary cause of Signature Bank’s failure, uncovering the key factor responsible for the bank’s downfall. In response, the chair has assumed responsibility for the identified shortcomings, acknowledging accountability for […]

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12 May 23

Binance pulls out of Canada, cites incompatibility with local market conditions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On Friday, May 12, Binance announced its departure from the Canadian markets. Posting on Twitter, the world’s largest exchange by client count, attributed its decision to Canada’s new stablecoin guidance and investor limits for crypto exchanges. A stablecoin is a privately […]

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01 Apr 23

Bittrex to shut down US operations, cites regulatory challenges

Bittrex, one of the oldest cryptocurrency exchanges in the United States, stated on Mar. 31 that it would be shutting down its operations owing to the “regulatory and economic climate” in the nation. While winding down operations in the United States, the official statement claims that customers’ money will continue to be safe and accessible […]

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24 Mar 23

Binance halts spot trading, cites ‘bug’ in its order book

Binance has temporarily suspended spot trading, possibly due to an issue impacting its matching engine. According to a recent update on Binance’s official Twitter account, the issue appears to be related to a bug in a trailing stop order. We are aware of an issue impacting spot trading on Binance. All spot trading is currently […]

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