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Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023


The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...

Huobi flash crashes and recovers 90% with high sales and downturn


Huobi recently witnessed a massive token collapse during a flash crash. The 17th biggest exchange experienced a 90% loss in market cap, which was recovered minutes later. At 3:45, HT was trading at $4.70. The token was now worth $1.83 after 25 minutes had passed. A couple of hours later,...

Car Crashes Through Front Of Games Store, Trashes The Place


A video game store called Gameco, in Joplin, Missouri, was absolutely trashed over the weekend when a car drove straight through the front wall and ploughed through several shelves of stock, tyres screeching the whole time. Read more

As Crypto Crashes, Coinbase Bets Big on Europe


Coinbase is leveraging its status as the lone public crypto exchange in a die-or-die play to increase market share across Europe.Without a steady stream of new users, the company may not survive

Polkadot (DOT) crashes 92% since October 2021 peak value!


Polkadot operates on the novel idea of connecting multiple blockchains to facilitate cross-chain transactions, which could later be upscaled as a web 3.0 technology, decentralized internet. Learning from the challenges of leading blockchains, Polkadot created its code, allowing it to be capable...

NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts


New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...

XRP Price Prediction – XRP Crashes 12%, Have Prices Bottomed Yet?


The XRP price has crashed by 18% in the past 24 hours, as news surrounding FTX's possible collapse drags down the wider cryptocurrency market. At $0.360066, the altcoin has fallen by 22% in a week and 32% in a month, having also been hurt LBRY's loss in its case against the SEC.... Read More:...

Black Thursdays: Bitcoin's Five Worst Crashes


Oct. 24, 1929 (aka “Black Thursday”) is infamous in stock market history. As part of CoinDesk's Trading Week, we are taking a look back at some of the worst crashes in crypto history

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