Basically, Silvergate is the bank for a lot of crypto businesses (1,300+, according to the company website, if you include “fintechs”), which tend to have problems maintaining banking relationships. As such, it’s probably not surprising […]
Even if the cryptocurrency industry crashed in 2022, Bitcoin’s status as the “alpha coin” has remained remarkably stable. With a market capitalization of over $398 billion and a trading volume of $24,180,295, Bitcoin’s dominance in […]
The crypto market has started the year 2023 with a remarkable, bullish run. Over the last few days, several assets have recorded significant profits and are starting to pull through the crypto winter. Most notably, […]
Former FTX US President Brett Harrison said cracks appeared in the relationship between him and Sam Bankman-Fried (SBF) six months into his tenure at the firm in a January 14 Twitter thread. The friction grew […]
Tether USDT processed $18.2 trillion in transactions in 2022, placing it ahead of traditional payment processors like Visa and Mastercard, according to a January 14 tweet. In comparison, Mastercard and Visa processed transactions worth $14.1 […]
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has urged investors not to “get caught up in the FOMO, the fear of […]
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations […]
Controversial Youtuber Logan Paul on Jan. 13 revealed a three-step plan, which included the donation of 1,000 ETH (roughly $1.5 million) to save the CryptoZoo project. In a Jan. 13 video, Paul refuted claims that […]
Short liquidations in the cryptocurrency market have just reached their highest level since July 2021. This marks the largest losses in 18 months for traders who opened shorts (downward positions) on Bitcoin and altcoins over […]
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