The United States banking regulator, Federal Deposit Insurance Corporation (FDIC), has issued a new advisory to banks in a bid to curb customer confusion regarding cryptocurrencies. In the advisory pu...
Tag: Claims
Fed claimed Voyager to evict “false” claims that deposits are FDIC insured
Voyager claims that the company is FDIC- insured Fed neglected the claim and ordered to remove the “false” claims Voyager Digital, a crypto lender has been ordered to evict “wrong and ambiguous” state...
US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) issued a joint cease-and-desist letter to crypto firm Voyager Digital over past claims regarding depository insurance. The t...
Fed, FDIC Order Voyager to Stop ‘False and Misleading’ Insurance Claims
U.S. banking regulators from the Federal Reserve and Federal Deposit Insurance Corporation issued a cease and desist order to embattled crypto firm Voyager Digital on Thursday. The agencies accuse Voy...
Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
Crypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured. In a joint letter written on Thursday by Seth Rosebrock a...
Bitcoin Bear Market Claims Another Crypto Firm as Zipmex Files for Protection From Bankruptcy
Editor’s note: This article’s headline was updated after publication to clarify that Zipmex has filed for protections from bankruptcy and not bankruptcy. South Asian cryptocurrency exchang...
US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. Federal Reserve (FED) and Federal Deposit Insurance Corp (FDIC) have ordered Voyager Digital to desist from making false and misleading claims about its insurance status to customers. In a jo...
Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, ...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter ...
Tether refutes claims of holding Chinese commercial paper
Tether, the issuer of the world’s largest stablecoin, USDT, has said that it is still planning to get rid of its commercial paper used as backing for its stablecoin pegged to the US dollar. The compan...
Voyager ordered by Fed to remove false FDIC insurance claims
Voyager Digital is a crypto lender that most investors will never forget. US banking authorities have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” claims....
FDIC Slaps Bankrupt Lender Voyager Over Deposit Insurance Claims
The US financial insurance watchdog has issued a cease and desist letter to Voyager Digital Voyager, a cryptocurrency lender, filed for Chapter 11 bankruptcy earlier this month It’s been 20 days since...
Vitalik Buterin Claims Ethereum Merge Will Be Priced After It Goes Live
Merge is the currently awaited upgrade on the Ethereum blockchain. With the launch of Merge, the network is expected to migrate from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. ...
Trump Claims ‘Nobody’s Gotten To The Bottom Of 9/11’ When Pressed On Ties To Saudi-Funded LIV Golf
Topline Former President Donald Trump offered a baffling response Thursday when pressed by ESPN about his involvement with the Saudi-funded LIV Golf venture, reversing his history of blaming the Saudi...
Ripple CEO claims SEC ‘massively overstepped’ and the law is ‘on our side’
The chief executive officer of Ripple has discussed his thoughts on the potential results U.S. Securities and Exchange Commission (SEC) complaint filed over the sale of XRP alleging it constituted an ...
Trump Threatens To Sue CNN And Other Outlets For Dismissing His Voter Fraud Claims
Topline Former President Donald Trump said Wednesday he intends to sue CNN and “other media outlets” that reported he was wrong to suggest there was widespread fraud in the 2020 presidenti...
IMF Claims Crypto Sell-Off Won’t Impact Broader Financial Stability
In a July 26 report, the International Monetary Fund (IMF) refuted the idea that the crypto losses of the past few months will spill over to traditional finance. Instead, it leans towards fears of rec...
Santiment claims Cardano (ADA) is the most developed asset in crypto
Cardano (ADA/USD) is a Proof-of-Stake (PoS) blockchain platform. Cardano enables smart contract functionality and is aimed at providing an efficient alternative to networks using the power-intensive P...
Fashion’s Latest Sustainability Report Claims To Have The Answers—But Do They Add Up?
Photo by Chris Hondros Getty Images There is a saying that when something seems too good to be true, it probably is. “Existing [textile] recycling technologies could drive 80% circularity in the fashi...
Alameda proposal has misleading false claims
The firm contended that the arrangement to offer clients liquidity on their assets secured on the stage would hurt clients however benefit AlamedaFTX The buyout proposal from Alameda and FTX seems to ...
Voyager filing says FTX, Alameda proposal has ‘misleading or outright false claims’
In legal documents filed Sunday, Voyager representatives described a proposal by crypto exchange FTX and sister firm Alameda to offer liquidity to Voyager’s beleaguered customers as “misle...
The Former Director Of Celsius Claims That The Company Was Manipulating CEL Token
The company’s carelessness has eventually led the company to face bankruptcy The company was lacking in risk management A former head of Celsius has claimed that the crypto lending company’s carelessn...
CEO Reacts To Insolvency Claims
In the recent times, KuCoin CEO Johnny Lyu found himself facing rumors about the exchange. Earlier this month, rumor had it that the exchange would halt withdrawals on their platform owing to heavy lo...
American Cancer Society Claims Dogecoin Donations Are Popular
Alex Dovbnya American Cancer Society, a prominent health organization, started accepting Dogecoin donations last May American Cancer Society, a voluntary health organization that is focused on elimina...
3AC Co-Founders Finally Break Silence, Claims The Whole Situation Was “Regrettable”
The post 3AC Co-Founders Finally Break Silence, Claims The Whole Situation Was “Regrettable” appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide For the first time...
Pluto Protocol Launch With Claims Of Being Bear Market Resistant
New Reserve Cryptocurrency Protocol PLUTO launches on Waves Blockchain Claiming to Beat Bear Markets Preview: Pluto Protocol is announcing the launch of its decentralized reserve protocol, designed to...
BlockFi Claims Having $1.8B in Outstanding Loans in Q2
The hobbled crypto lender released a transparency report for the quarter, which detailed its financial position amid the turmoil. In addition to $1.8 billion in outstanding loans, BlockFi’s net exposu...
SEC Chair Claims Crypto Carries “Very Significant” Risk
Alex Dovbnya SEC boss has reiterated that most cryptocurrencies are unregistered securities In a Thursday interview with CNBC, U.S. Securities and Exchange Commission Chair Gary Gensler said that ther...
Curve Founder Claims an Overcollateralized Stablecoin in the Works
Curve founder Michael Egorov has confirmed that the AMM will launch a stablecoin. There is not much more information available, except that the stablecoin will be overcollateralized. The Curve Automat...
Three Arrows Capital Founders Finally Speak From Undisclosed Location, Refute Claims Of Fraud
– Advertisement – Three Arrows Capital Founders Finally Spoke. The founders of the collapsed crypto hedge fund 3AC have shared their side of the story from a hidden location in the UAE, ac...