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Category: risk
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Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle Roche says the lawsuit is an attempt to “rewrite history,” and to use Stone as […]
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone told Celsius his […]
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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […]
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As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around. Furthermore, there’s also the rare scenario that bitcoin’s […]
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New to crypto trading? Here are 5 tips on how to start 2022 on the right foot
Trading stocks and cryptocurrencies can be complicated, but here are a few tips on how to get started.
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New to crypto trading? Here are 5 tips on how start 2022 on the right foot
Trading stocks and cryptocurrencies can be complicated, but here’s a few tips on how to get started.
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Genesis CEO Michael Moro Thinks Mistakes Keep Institutions Away From Defi
CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’ funds at risk. This is why the space is being […]
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Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group UK, Neil McCoy-Ward, thinks the current stock market is “completely disconnected […]
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4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds
Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing.
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DeFi Pulse unveils safety ratings to allow users to compare risk
DeFi Pulse and Gauntlet have released a new tool to improve users’ risk awareness of major DeFi projects.
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