Tag: calls

Crypto Twitter calls for calm after wETH insolvency joke goes viral

[ad_1] An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real.  The wETH insolvency FUD (fear, uncertainty and doubt) seemingly began to make the rounds on Nov....
Read More

Genesis calls in restructuring expert in its fight to avoid bankruptcy

[ad_1] Cryptocurrency lending firm Genesis Global Capital has reportedly hired a restructuring adviser to explore all possible options that include, but aren’t limited to, a potential bankruptcy.  It is understood that the firm has hired investment bank Moelis & Company to explore options, while people familiar with the situation...
Read More

CZ calls out ‘bad players’ for crypto exchange jitters

[ad_1] The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous phenomenon of trade jitters on other crypto exchanges.  Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in...
Read More

German BaFin official calls for ‘innovative’ EU-wide DeFi regulation

[ad_1] Birgit Rodolphe, an executive director at Germany’s Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout the European Union (EU). BaFin is Germany’s financial regulatory body responsible for regulating banks, insurance firms, and financial institutions including cryptocurrency companies....
Read More