Tag: Issues

CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays

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Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, sparking fears the company was having liquidity issues or w insolvent. “There is a lot of FUD going around that we would like to address head-on,” CoinList said in a Nov. 24 Twitter thread that stated the exchange is “not insolvent, illiquid, or near bankruptcy.” It said however that its deposits and withdrawals are affected by “technical issues.” 2/…

Top Analyst Issues Bitcoin Alert As Top Cryptocurrency Floats Above $16,000

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A widely followed crypto strategist is warning Bitcoin (BTC) traders that the king crypto looks poised for another sell-off event. The pseudonymous analyst Kaleo tells his 545,700 Twitter followers that Bitcoin has taken out its diagonal support on the one-hour chart and appears ready for a steep correction to $12,500. “Zooming in, a continuation lower before any type of bounce is the most likely scenario. We’ve already seen the inverse pennant break lower, and the next solid support level converges at the retest of the high timeframe trend breakout and support…

Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’ – Featured Bitcoin News

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Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX are precisely ones that decentralized finance [defi] can solve through increased transparency and security,” the firm’s co-founder emphasized. Paradigm on FTX Collapse, Defi Paradigm co-founder Matt Huang took to Twitter to explain the impact cryptocurrency exchange FTX’s collapse has on his company. Paradigm is a San Francisco-based investment firm focused on supporting crypto and Web3 companies and protocols. “We are…

California AG issues warning-ladened guidance for public interested in buying crypto

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With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided to issue guidance for novice crypto buyers. The California Office of the Attorney General’s website now features a page that will help those new to crypto “avoid the hype, [and] get the facts.”  “Don’t fall for a fantasy – Cryptocurrency, like all investments, carries significant risks, and there’s no guarantee that you’ll see large – or any – returns,” Bonta said in a statement. “Our new webpage is meant to be a resource…

Co-Founder Of Solana Speaks On Blockchain Outage And Reliability Issues

Solana is one of the trending blockchains. It emerged to offer similar operations as Ethereum while improving on some of its faults. The notable feature of SOL is its fast processing capacity, as the network claims to process over 65.000 transactions per second. Also, it offers high scalability, among other functionalities. Throughout this year, Solana displayed several reliability issues and outages. The network has suffered up to 10 partial or complete outages in 2022 and some slow block times. Anatoly Yakovenko, the co-founder of Solana, has reacted to the reliability…

SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX

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Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX. Swedish researcher Eric Wall shared an official letter from the SEC dated Nov. 1, which was addressed to influencers. It read: “We believe that you may possess documents and data that are relevant to an ongoing investigation…

Communications Startup Dialect Issues Tech Specs for ‘Smarter Messaging’ in Crypto

In an interview at the Solana Breakpoint conference in Lisbon, Osborn gave the example of a musician orchestrating an NFT mint via her own distribution platform. Let’s say (under the current tech landscape) her fans receive an email blast alerting them the mint window has opened. But: they have to click through to a different link, hook in their wallet, press the button – do the thing. With Dialect’s smart messaging standard, she could set up the initial notification to include the mechanism for them to simply execute the mint.…

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

CryptoX – Cryptocurrency Analysis and News Portal Following the loan default, Archblock (formerly TrustToken), which manages relations between lenders and borrowers on TrueFi, will join the liquidation process in an attempt to reclaim assets. At the time, when TrueFi originated the loan to Invictus, Archblock was the sole underwriter of the loan. Original Source The post Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan appeared first on CryptoX. CryptoX Portal