Category: Collapse
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Aid struggles to reach survivors as Sudan dam collapse, floods wreak havoc By Reuters
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Written by Tayeb Siddiq ARBAT, Sudan (Reuters) – Emergency teams were racing against time on Tuesday to find out how many people were missing after a dam in eastern Sudan burst its banks, unleashing the worst flooding to devastate a country already ravaged by 500 days of war. The collapse…
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Correction or collapse? Market analysts give their views
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As global markets slump and investors wonder what to do with their portfolios, Globes asked leading figures in the capital market what they think of the situation. Rinat Ashkenazi, chief economist at Phoenix Investments, doesn’t think we’re headed for a sharp, prolonged market slide. “I’m going to be the reassurance…
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Why the crypto community still worries about the Mt. Gox collapse
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Ten years after its collapse, cryptocurrency exchange Mt. Gox has finally started paying off its creditors. What’s behind this decade-long process? Let’s take a deep dive into the timeline of events associated with the fall of one of the largest cryptocurrency exchanges at one point. Mount Gox appears Mt. Gox’s…
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Majority of June Launches Collapse
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In June of this year, the Solana blockchain emerged as a hub for people who love funny coins. And it was a busy month for everyone. The ecosystem now has 30 celebrity-themed tokens that reflect famous figures from different fields, such as social media influencers, singers, and reality TV stars.…
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Majority of June Launches Collapse
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In June of this year, the Solana blockchain emerged as a hub for people who love funny coins. And it was a busy month for everyone. The ecosystem now has 30 celebrity-themed tokens that reflect famous figures from different fields, such as social media influencers, singers, and reality TV stars.…
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Offshore wind’s bumpy road shown by turbine collapse off Nantucket
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Three events on Wednesday highlighted the uneven progress of the offshore wind industry in the Northeast, including the start of a major project in New York, research aimed at preventing environmental damage in New Jersey, and the temporary closure of a wind farm in Massachusetts after broken turbine blades washed…
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Only 8 Altcoins Have Broken ATH Vs Bitcoin Since FTX’s Collapse
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During this bull cycle, the cryptocurrency market has been surfing the top of Bitcoin and enjoying the upward momentum. However, investors are hoping for a seismic explosion to push altcoins to new highs. Related reading While the cryptocurrency industry waits, online reports have revealed that since the fall of FTX,…
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Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
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The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after seeing a brief 20% price correction that took it down to $56,400 in early May. this The period of unification This comes as flows return to the US Bitcoin ETF market,…
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Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
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The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after seeing a brief 20% price correction that took it down to $56,400 in early May. this The period of unification This comes as flows return to the US Bitcoin ETF market,…
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FTX Paid $25M to Whistleblowers Before Collapse, Reveals Examiner’s Report
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The now-defunct cryptocurrency exchange FTX has been exposed for making payments worth more than $25 million to six whistleblowers who discovered problems with it. Meanwhile, FTX still owes about $11 billion to investors who lost money after the stock market crash. Examiner’s report reveals whistleblower payments According to a report…
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FTX Paid $25M to Whistleblowers Before Collapse, Reveals Examiner’s Report
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The now-defunct cryptocurrency exchange FTX has been exposed for making payments worth more than $25 million to six whistleblowers who discovered problems with it. Meanwhile, FTX still owes about $11 billion to investors who lost money after the stock market crash. Examiner’s report reveals whistleblower payments According to a report…
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Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?
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Heading into 2024, Bitcoin ETFs (exchange-traded funds) and the halving event are arguably the biggest stories in the cryptocurrency space. The Securities and Exchange Commission (SEC) approved the first spot Bitcoin products in the US early on, pushing the price of the coin to a new all-time high. On the…
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Singapore Revisits Terraform Labs’ Collapse, Clarifies Licensing Irregularities
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Singapore disavowed collapsed cryptocurrency project Terraform Labs, saying the platform was not performing activities requiring a license from MAS and was not licensed or exempt from a license by the regulator. The city-state also downplayed the impact of the Terraform Labs saga on its financial systems. In response to a…
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Insurer Chubb prepares to pay $350 million in Baltimore bridge collapse, WSJ reports By Reuters
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(Reuters) – Chubb, the insurer of the Francis Scott Key Bridge in Baltimore that collapsed in March, is preparing to pay $350 million in damages to the state of Maryland, The Wall Street Journal reported on Thursday. The report said the payment is expected to be approved within weeks, citing…