Warning Financial News

11.06 / 01:31

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

09.06 / 14:05

COST CEO Warning Costs Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning

Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in front line staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.

08.06 / 08:19

rate hikes Warning Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes

Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.

31.05 / 17:27

markets Bitcoin Bitcoin Price Warning open Bitcoin drops 1.5% on US market open amid warning miners may 'capitulate' in months

Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.

25.05 / 09:05

cryptocurrency CryptoExplainer cryptocurrency news Warning Central African Republic To Launch Crypto Platform, Despite IMF's Warning

Central African Republic to launch bitcoin investment platform

10.05 / 11:09

Adoption Bitcoin Bukele Warning Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning

After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue warnings, with a former chief of the central bank hitting out at Bukele’s plans to fund the city’s construction with a bitcoin bond issuance.

05.05 / 12:52

markets Crypto Ed Bitcoin Bitcoin Price Warning Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset 'pain trade'

Bitcoin (BTC) consolidated below $40,000 on May 5 after U.S. economic policy excitement saw a spike to one-week highs.

03.05 / 08:11

business Blockchain Ethereum Bitcoin Warning Weiss Ratings issues warning over crypto mortgage risks

Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States.

03.05 / 03:29

cryptocurrency Adoption Bitcoin Warning Crypto Bills in Panama, Brazil Progressing Fast, but Argentina Province Sends Mining Warning

Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs.

01.05 / 10:47

Blockchain Google Android Bitcoin Warning Warning: Smartphone text prediction guesses crypto hodler’s seed phrase

Seed phrases, a random combination of words from the BIP 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But what happens when your ‘smart’ phone’s predictive typing remembers and suggests the words next time you try to access your digital wallet?

27.04 / 12:11

markets Bitcoin Bitcoin Price Dollar Warning week Bitcoin rebounds off 6-week lows amid warning of 'brutal' BTC price bull trap

Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March.

18.04 / 14:25

Ethereum security Apple MetaMask Lost Phishing attacks Warning MetaMask Issues Warning About Phishing Attacks Via iCloud After a User Lost USD 650K

Popular software crypto wallet MetaMask has issued a warning about possible phishing attacks through Apple’s cloud service iCloud. The warning comes after scammers managed to steal USD 650,000 worth of crypto using this attack vector.

26.03 / 15:29

markets Altcoin Bitcoin Bitcoin Price Warning Bitcoin sellers keep BTC price action in check amid $45K 'fakeout' warning

Bitcoin (BTC) took a breather from its latest upside on March 26 after predicted resistance kicked in just under the yearly open.

25.03 / 20:41

BTC Lowe's ETF Bitcoin Holdings Warning ATH ProShares ETF’s BTC holdings touches ATH, but there are some warning signs

Bitcoin climbed to more than $44,000 for the first time in almost a month, breaking out of its recent narrow trading range amid a renewal of risk appetite. At press time, BTC was trading at the $44.7k mark with a 3% surge in 24 hours.

23.03 / 00:37

regulation Central Bank Warning Ireland’s central bank follows UK's example in warning of crypto advertisements

The Central Bank of Ireland issued a warning to consumers about the risks around crypto investments in addition to “misleading” advertisements, including those pushed by influencers on social media.

06.03 / 13:55

markets Bitcoin Bitcoin Price Warning Bitcoin heading to 36K, analysis says amid warning global stocks 'look expensive'

Bitcoin (BTC) headed lower into the weekly close on March 6 with geopolitical tensions and associated macro weakness firmly in focus.

19.02 / 15:11

NASDAQ Stock indices Warning Investors spooked by Biden’s warning over imminent Ukraine invasion

US markets fell on 17 February after President Joe Biden warned Russia could invade Ukraine within days. The S&P 500 posted its biggest daily percentage drop in two weeks, closing the day down 2.1 %.

18.02 / 19:39

NASDAQ Stock indices Warning Investors spooked by Biden’s warning over imminent Ukraine invasion

US markets fell on 17 February after President Joe Biden warned Russia could invade Ukraine within days. The S&P 500 posted its biggest daily percentage drop in two weeks, closing the day down 2.1 %.

17.02 / 06:31

Blockchain Hackers Scams Fraud Time Warning Warning: How 'One Time Password' bots can steal all your crypto

Cybercriminals are using bots purchased on Telegram to trick users into giving them access to their cryptocurrency accounts.

16.02 / 18:27

markets Federal Reserve Bitcoin Bitcoin Price Fed rate hike Warning Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet

Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve.

16.02 / 14:25

cryptocurrency Stablecoin regulation Warning Global Watchdog Points at Growing Force of Crypto with Another Usual Warning

The Financial Stability Board (FSB), an international body that monitors and prepares recommendations about the global financial system, is increasingly ringing the alarm about crypto. The institution’s latest report claims that cryptoasset markets are rapidly evolving and could reach a point where they pose a threat to global financial stability due to their scale, structural vulnerabilities, as well as increasing interconnectedness with the traditional financial system.

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