Category: Blame
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California Man Sues Three Asian Banks Over $1 Million Crypto Fraud Loss – Who’s to Blame?
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A California man, Ken Lim, has taken legal action against three prominent banks in Asia — Fubon Bank, Chung Hing Bank, and DBS Bank — for allegedly facilitating a $1 million cryptocurrency scam. the lawsuitfiled in a California District Court on December 31, 2024, alleges that these banks failed to…
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Energy Crisis In Iran — Is Bitcoin Mining To Blame?
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Although Bitcoin mining is a largely profitable venture for mining companies and individuals, it can cause a lot of problems. The rise of cryptocurrency mining could push up prices, weaken networks, and even cause power outages in some countries like Thailand, Venezuela, and Kazakhstan. The Iranian capital and its neighboring…
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Ethereum Underperforming, Don’t Blame The Network Or Leadership: Here’s Why
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This article is also available in Spanish. Ethereum is the laggard in this bull cycle. When Bitcoin soared to record all-time highs, falling above $70,000 in March, Ethereum prices struggled to break $4,000. When that happened, the best the coin could do was to retest $4,100 before selling off aggressively.…
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Ethereum Underperforming, Don’t Blame The Network Or Leadership: Here’s Why
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This article is also available in Spanish. Ethereum is the laggard in this bull cycle. When Bitcoin soared to record all-time highs, falling above $70,000 in March, Ethereum prices struggled to break $4,000. When that happened, the best the coin could do was to retest $4,100 before selling off aggressively.…
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Stellantis dealers in U.S. blame CEO for ‘rapid degradation’ of its brands
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jetcityimage/iStock Editorial via Getty Images Stellantis’NYSE: STLAThe U.S. auto dealer network has criticized CEO Carlos Tavares for the “rapid decline” of its brands, accusing him of “short-term decisions” that have increased profits and his own compensation, according to an open letter seen by Bloomberg. The car manufacturer has The company…
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Google to blame for slower YouTube speeds in Russia, says senior lawmaker By Reuters
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YouTube’s speed in Russia will drop sharply on desktop computers because of Google’s failure to update its equipment in Russia and its refusal to lift a ban on Russian media channels, a senior lawmaker close to the authorities said on Friday. Russia has criticized Alphabet Inc’s Google for removing YouTube…
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If Ethereum Fails, Blame The ‘ETH Elite’, Not SOL: Crypto CEO
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In a recent hot spell Exchanges On social media platform Givoy, in a sharp critique, suggested that Ethereum’s potential failure would stem not from technological competition like Solana’s, but rather from ideological contradictions within its leadership. Will Ethereum fail because of its ideology? Javoy’s comments follow comments from Hayden Adams,…