Posts

Showing posts with the label issues

CoinDesk retracts two articles citing ‘standard’ issues

CoinDesk, a famous cryptocurrency outlet, has retracted two opinion articles citing “standard” issues while the company’s policy says otherwise. According to a tweet by Cryptadamist, an eminent anonymous crypto influencer, CoinDesk removed an article about Justin Sun, comparing the founder of the Tron blockchain with Do Kwon and Sam Bankman-Fried. wow, so coindesk just did something they say they basically never do and retracted that article that was critical of Justin Sun because it didn't meet their "standards". pic.twitter.com/pyaxMBwLnV — ⚯ M Cryptadamus ⚯ | @[email protected] (@Cryptadamist) August 27, 2023 Cryptadamist shared a screenshot of CoinDesk’s editor-in-chief’s note that says they “simply and unstintingly correct the article, address what went wrong with the writer or editor, and then move on.” You might also like: SEC to rule on five Bitcoin ETFs before Labor Day weekend Moreover, the crypto outlet also retracted another art...

Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

Image
The debt ceiling has been raised but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin. Blackrock CEO Laurence Fink believes the recent " drama " around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC). Fink’s comments come as U.S. lawmakers passed a highly-anticipated bill to lift the $31.4 trillion debt ceiling on June 1. The U.S. Treasury indicated that the deadline for raising the debt ceiling was June 5. Any later, the country could begin defaulting on its debts. 314-117: The House passes the Biden-McCarthy debt ceiling agreement, raising the debt limit until 2025 and instituting discretionary spending caps for two years. 71 Republicans and 46 Democrats voted “no” on the bill. pic.twitter.com/RdU42whDd5 — The Recount (@therecount) June 1, 2023 According to a May 31 report from Reuters, Fink told the attendee...