One of the Dodd-Frank Act drafters, Barney Frank, said regulators shut Signature Bank down to send an anti-crypto message. In shocking revelations, Frank told CNBC that there was “no real objective reason” for the FDIC […]
Meanwhile, the gamer side of Werk’s personality was geeking out on the Stepn rewards system. It’s not as simple as “buy a digital sneaker, walk and earn rewards.” That’s the general idea, but the game […]
Ad Several blockchains contain vulnerabilities under the collective term “Rab13s,” according to a report from blockchain security firm Halborn on March 13. DOGE, ZEC, LTC resolve security issue Halborn said that it was contracted to […]
The New Jersey bankruptcy court had banned BlockFi from investing in secondary financial markets, according to a filing by U.S. Trustee Andrew Vara made on Friday. In a series of letters starting Feb. 17, Vara, […]
“We are closely watching whether this moment creates an opening for other currencies, notably the Euro, to emerge as a linchpin of the digital asset ecosystem,” David Bachelier, Asia-Pacific CEO of Flowdesk said in a […]
The recent failures of FTX, Silvergate, and now Silicon Valley Bank have sent shockwaves through the banking industry, causing even the most conservative of investors to question the safety of their money in traditional banks. […]
There will also be an array of regional currency stablecoins available, said Tomer Weller, vice president, product at Stellar Development Foundation. This includes tokenized Argentinian pesos and Brazilian reals, as well as a Kenyan shilling, […]
“We must get the full accounting of what happened and why those responsible can be held accountable,” Biden said. “In my administration, no one – no one is above the law. And finally, we must […]
The extent of the mining sector’s exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now-shuttered lender. CleanSpark (CLSK), Bitfarms […]
President Joe Biden said anyone with deposits at Silicon Valley Bank and Signature Bank would have access to their money today. He emphasized that taxpayers will not pay for the funds regulators will make available […]
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