Ex Coinbase CTO Balaji clarifies 10% chance of sovereign default is ‘very high’

Former Coinbase CTO Balaji Srinivasan believes there is a “very high” chance that sovereign defaults will happen within months, which will cause Bitcoin’s price to skyrocket. He was clarifying comments he made about when a potential fiat crisis will take place during his talk at Consensus 2023, which the community misunderstood.

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Bitcoin Price Will Hit $50,000 In Under A Year, This Economist Says

Bitcoin price could see a boost amid a widespread financial crisis that has already led to the collapse of several banking giants and put many others at risk, according to Raoul Pal, Real Vision CEO and a former hedge fund manager.

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Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed

But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”

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Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis

Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs.

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Former FDIC Regulator: Friendliness Toward Crypto 'Does Not Exist'

Jason Brett said despite regulators using the failure of three banks to target crypto, the industry itself is not in a crisis.

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Brian Brooks: U.S. Government Using Crisis to Choke Off Crypto Access to Banks

Brian Brooks, former head of the OCC and now board member of blockchain technology company Bitfury, says the recent crackdown by regulators on three crypto-friendly banks appears to be a coordinated effort and what some are dubbing "Operation Choke Point 2.0"

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Sticking to Core Fundamentals Saved Polygon from FTX Calamity – Co-Founder Sandeep Nailwal

The impact of FTX’s downfall is being felt all across the crypto spectrum. Since the FTX crisis began to unfold, the crypto market has shed over $200 billion. Those who have commented on the FTX Fiasco include former Kraken CEO Jesse Powell, Binance CEO Changpeng Zhao, Cardano’S Charles Hoskinson, and Tesla CEO Elon Musk, among […]

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Crypto Market Could See Biggest Crash In History If Binance Cancels FTX Acquisition — Arthur Hayes

Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX has warned that a decision by Binance to pull out of the FTX acquisition arrangement could plunge the crypto market into a deeper crisis.

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Bears Tighten Hold On Market, Why Bitcoin Must Close The Week Above $36,000

Bitcoin is currently down on the charts and has broken below $35,000 as at the time of this writing. As the crisis between Ukraine and Russia rages on, with reports of the latter already invading the former, the markets have taken a beating down even before the financial markets open for trading for the day.

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Former Ripple CTO Actively Dumping XRP Amid Legal Crisis

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Libra Has a Flawed Crisis Model, Says Ex-IMF Economist

Libra's revised whitepaper resembles clearinghouse certificates that the U.S. used to prevent bank runs before the Federal Reserve was created, a former IMF economist says.

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Andrew Yang: Give Every American $2,000 a Month During the Crisis

Known cryptocurrency fan and former U. S. presidential candidate Andrew Yang argued for his signature policy recently. He said that every American adult should receive $2,000 monthly for the remainder of this crisis.

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Bitcoin Efforts Launched For Lebanon Amid Financial Crisis

Lebanon is on the verge of collapse with the parliament speaker comparing it to the Titanic. The central bank there has apparently engaged in what Nasser Saidi, a former central... The post Bitcoin Efforts Launched For Lebanon Amid Financial Crisis appeared first on Trustnodes.

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Bitmain Co-Founder Claims He Was Illegally Removed, Plans to Sue

Micree Zhan, the former co-founder of Bitmain, will be pressing charges against the hardware manufacturing giant. He claims that he was removed from the company illegally. With Jihan Wu now leading Bitmain, its former co-founder is claiming this was an illegal power grab—and he plans to take action.

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UBS Former CEO: Big Banks Are Interested In The Blockchain Technology

Peter Wuffli, the former CEO of UBS, an international bank based in Switzerland, has recently affirmed that the crypto market is attracting the attention of large banks because of the advent of regulated actors.

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“It Is Irresponsible For Institutions Not To Have Exposure To Bitcoin,” Says Anthony Pompliano

“We may well be at the most dangerous financial moment since the 2009 Financial Crisis with current developments between the US and China,” said Lawrence Summers, former Secretary of the Treasury Monday.

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Industry Exec: Bitcoin To Be The “Escape Hatch” In Impending Global Recession

In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare for a crisis.

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Mayor of Chicago Believes Cryptocurrency Can Save Countries From Global Financial Crisis

Chicago Mayor Rahm Emmanuel joins the ever-growing group of people who believe cryptocurrency is the future of money and it would save many countries from the inevitable financial crisis. Rahm was also chief of staff for former president Barack Obama.

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‘They clearly don’t care’: Fact-checkers on the state of misinformation at Facebook

After a deluge of fake news began to overwhelm Facebook, it got proactive. The social media platform tapped bi-partisan organizations, such as Snopes, to fact-check content on the platform and use their expertise to combat the spread of misinformation.

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Google Former Chairman Impressed on the Capabilities of Ethereum

Cryptocurrencies and blockchain technologies have received the support of many influential people in the world of finance and technology despite the current bearish crisis that markets have suffered during 2018.

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Tax on Crypto Is a Self Goal; President Trump Is Right to Call the FED Crazy: Ron Paul

Former U. S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming financial crisis. Paul is hard-hitting in his article and goes as far as calling the US Federal Reserve’s recent increase in interest rates a “crazy” idea.

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Ron Paul Admonishes Fed, Comes out Against Crypto Taxes in New Blog Post

Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession. Paul, the consummate libertarian and eternal critic of the Federal Reserve, believes that the abolition of crypto taxes may help avoid a crisis similar to 2008’s recession.

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A Bitcoin Rat Is Occupying Wall Street

Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district.

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Wall Street Trader-Turned-Artist Erects Bitcoin Rat Exhibit Across from Fed

A former Wall Street hedge fund manager-turned-artist has erected a massive inflatable Bitcoin rat art exhibit across from the U. S. Federal Reserve Bank in New York City. It’s thought to serve as a reminder that 10 years ago the Fed issued taxpayer-funded relief to banks in a $700 billion “bailout” following the sub-prime mortgage crisis.

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Anything Besides Bitcoin is ‘Useless’ – Tone Vays and Nouriel Roubini Square Off

David Drake, founder of LDJ Capital, was the moderator for a match up between Nouriel Roubini and Tone Hays. Drake was quick to note Roubini’s prediction of the 2008 economic crisis.   In the discussion, Roubini notes that his experience in blockchain stems from his ability to see a bubble when it exists.

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Economic Change in Pakistan Could Increase Cryptocurrency Usage

As former cricketer-turned-politician Imran Khan prepares to take charge of Pakistan’s economy, some believe Pakistan is on the brink of an economic crisis. This crisis may increase the use of cryptocurrency in Pakistan.

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Blockchain Can Avert the Next Financial Crisis: Former JP Morgan VP

Pang Huadong was at the heart of the crumbling financial services industry during the 2008 financial crisis, and from his experience during that troubled time, he believes that blockchain technology is the answer to averting such a crisis.

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Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people.

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Bitcoin – CFTC’s former Chairman’s growing interest in BTC and blockchain

In a recent interview with the Wall Street Journal, the former Chairman of the United States Commodity Futures Trading Commission [CFTC], Gary Gensler acknowledged his studies and growing interest in Bitcoin [BTC] currency and blockchain technology.

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The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23.

The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23.

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Ex-JPMorgan Exec: Blockchain May Be Key to Avoiding Next Global Financial Crisis

The former VP of N. American investment banking at JPMorgan Chase says that blockchain technology “may be the key to avoiding the next global financial crisis"

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Efforts to Replace Dollar with Gold and Crypto are Underway, Says Former US Presidential Candidate

World financial chaos and the escalation of trade wars are propelling the global economy onto a dangerous trajectory. As a result, calls for reforming the monetary system are getting louder. For example, Ron Paul, a key U.

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Op Ed: Utility Token? Why You’re Still Better Off as a Security

The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.

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