Crypto-friendly Silvergate bank is not healthy financially; the reasons are its crypto-related deposits. The harsh crypto winter and its alleged involvement in FTX-saga had cost the bank dearly. Rumor...
Tag: Crypto
White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre
Ad On March 6, White House Press Secretary Karine Jean-Pierre was pressed on whether the President was monitoring the evolving situation around the stressed crypto-friendly bank Silvergate. “We won’t ...
Crypto prices flat, Silvergate declines ahead of Powell testimony
Crypto markets traded relatively flat as the market prepares for Federal Reserve Chair Jerome Powell’s Congressional testimony on Tuesday and the release of U.S. jobs data on Friday. Bitco...
Is China Getting Back to Crypto One Way or Another? ⋆ ZyCrypto
Advertisement     Suppose current indicators are anything to go by. In that case, China may be in for another much-anticipated massive appearance on the global crypto ...
Investor concerns persist as crypto investment products see 4th week of outflows
On Mar. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that Investors have continued to display negative sentiment toward crypto ...
Crypto Exchange Kraken To Launch New Crypto Bank in US Amid Regulatory Issue
US-based crypto exchange Kraken is still launching a new Wyoming-based crypto bank despite the U.S. Securities and Exchange Commission’s (SEC) recent banning of the exchange’s staking service. Kraken ...
Crypto investment products saw $17M outflows last week
Ad Digital asset investment products saw minor outflows totaling $17 million from Feb. 27 to March 3, which marks the fourth consecutive week of outflows, according to CoinShares data. “Volumes across...
You Can’t Trust Crypto Firms Until They Get Federal Oversight
“We won’t be able to know which players are trustworthy and which aren’t until a credible third party, like a consolidated home country supervisor, can meaningfully oversee them,” Hsu said...
Texas Senator Ted Cruz Remains Crypto Believer
Alex Dovbnya Republican Senator Ted Cruz from Texas is strongly advocating for adoption of digital currencies in US despite cryptocurrency industry being in bear market In the midst of a cryptocurrenc...
SEC Alleges BKCoin Collected From Crypto Investors, Ran Fraud Scheme
The SEC continued its enforcement spree on the crypto sector Monday by going after a Miami-based investment adviser the agency claims ran a fraud scheme. BKCoin Management raised roughly $100 mi...
Bitget Integrates With TradingView for Crypto Derivatives Trading
Victoria, Seychelles Bitget, a leading crypto derivatives exchange and copy trading platform, has announced direct integration with TradingView, a charting and trading platform used by millions of tra...
Best crypto memes of the day – March 6th – Cryptopolitan
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
Crypto Market Cycles Are the ‘Main Driver’ of Industry Innovation: Fireblocks Web3 Lead
Calling the crypto industry a roller coaster would be an understatement. From unbelievable highs to incredible lows, it takes a strong stomach and thick skin to stay in the game. For Omer Amsel, head ...
Top crypto tweets of the day – March 6th – Cryptopolitan
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
SEC Shuts Down ‘$100 Million Crypto Fraud’ in Miami
Another day, another SEC crypto crackdown case. Today, the U.S. regulator announced emergency action against investment adviser BKCoin Management in connection with an alleged fraud scheme. The SEC a...
The story of Ryan Breslow and his crypto catastrophes
Ryan Breslow, the founder and former chief executive officer (CEO) of Bolt, an online payment platform that last raised at a valuation of $11 billion, has faced a variety of challenges in the crypto e...
Head of $2,500,000,000 Coinbase-Acquired Crypto Fund Says Next Bull Market Will Be ‘Very Powerful’
One River Management CEO and CIO Eric Peters says he’s “extremely bullish” on the crypto markets and is expecting a powerful rebound for the nascent asset class. In a new interview on the Bankless pod...
Possible Timeline For Australia’s Crypto Legislation Revealed
For some folks, cryptocurrencies are complex and high-risk assets, which makes them hard to comprehend despite their potential. This limitation has posed challenges for several governments while seeki...
Demand for Blockchain Devs Is Soaring—But Not Just in Crypto
Last year was one of the most chaotic for the broader crypto industry. After FTX’s collapse, thousands of employees were laid off, and many firms, especially those in the mining sector, shut shop enti...
Impact on Crypto Prices, stocks
Crypto News: The crypto market took a heavy beating last week with the FUD over the Silvergate Bank operations. The massive jolt stems from the fact that Silvergate has been over the years the leading...
Bybit Launches Debit Card for Crypto Payments
Bybit, the Singapore-based cryptocurrency exchange, has announced the launch of its new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings. The Byb...
American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials’ attention last week. American lawmakers and regulators continue to compete in thei...
Elizabeth Warren Demands Answers From Binance CEO Changpeng Zhao Regarding Crypto Exchange Finances
US Senator Elizabeth Warren is probing crypto exchange Binance and its American arm Binance.US over the companies’ finances and operations. In a new open letter addressed to Binance CEO Changpeng Zhao...
Pakistani banks to develop blockchain-based KYC despite cold attitude toward crypto
Ad The State Bank of Pakistan has commissioned the development of a blockchain-based national eKYC (Know-Your-Customer) platform for retail banking, according to local media reports. The project is pa...
Sam Bankman-Fried Wants to Watch Netflix and Read Crypto News While Awaiting Trial
While Sam Bankman-Fried awaits his day in federal court, he should be allowed to conduct legal research online, keep up with news and sports, shop on Amazon, and place food delivery orders, according ...
In profit 74% of those who hold the crypto Bone
The BONE crypto is the token of ShibaSwap, which is the DEX of the Shiba project. However, while Shiba Inu’s token, SHIB, during 2023 has gained only 36%, BONE since the beginning of the year has post...
Bitcoin, crypto prices tread water ahead of pivotal Powell testimony and US jobs data
Crypto markets were relatively flat to start the week ahead of Jerome Powell testimony and some significant economic indicators. Bitcoin was trading around $22,500 by 12:30 p.m. EST, up 0.3%, ac...
While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit – Mining Bitcoin News
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, so...
SEC files emergency action against BKCoin for raising $100M through crypto fraud
The United Securities and Exchange Commission (SEC) has filed an emergency action to seize the assets of Miami-based investment adviser BKCoin Management LLC and its principal Kevin Kang for their con...