Warren Buffett Calls Bitcoin a 'Gambling Token'
Berkshire Hathaway's chairman and CEO said bitcoin "doesn't have any intrinsic value ... but that doesn't stop people from wanting to play the roulette wheel." Original Source
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EU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
Forbidding the use of cryptocurrency entirely does little to curb darknet activity, and police-led closures such as that of Hydra in 2022 tend to have only short-lived impacts, as other alternatives spring up to replace it, the report said – but investigators can also improve their ability to respond. Original Source
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Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
“At the time, no one cared about them due to the negativity around [initial coin offerings] and the massive bear market,” Hayes said. “This led to a surge of projects claiming to be the next Uniswap, Compound,or Aave, but many were based on something less substantial. Investors were willing to
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New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’ – Regulation Bitcoin News
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it
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Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’ – Economics Bitcoin News
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely monitoring the banking
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Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left – Economics Bitcoin News
Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an economy with no buyers, the only hedge
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FTX EU opens withdrawal, Elon Musk calls for AI halt, Binance…
Top Stories This Week FTX EU launches withdrawal website to pay back European users The European arm of FTX has launched a website to allow customers in Europe to submit withdrawal requests. It comes nearly five months after the global
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“A crucial learning experience.” – ICO calls for highest standards in HIV services after NHS Highland reprimand
NHS Highland reprimanded for a “serious” data breach amongst those accessing HIV services ICO calls for higher standards when protecting data of people living with HIV Service providers could be fined or reprimanded for exposing sensitive data The Information Commissioner’s Office
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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations – Regulation Bitcoin News
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman
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Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
The lawsuit, filed in the U.S. District Court for the Northern District of Illinois, alleges that Binance operated a derivatives trading operation in the U.S., offering trades for cryptocurrencies including bitcoin (BTC), ether (ETH), litecoin (LTC), tether (USDT) and Binance USD (BUSD), which the suit referred to as commodities. The
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