The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors […]
Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory board chaired by Max Baucus, […]
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states […]
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched […]
Data shows the bear market has also hit Ethereum decentralized finance (DeFi) hard, as the total value locked in the sector has declined by 76%. Total Value Locked In Ethereum DeFi Now Only Around $23.1 […]
After a very exhausting and bearish 2022, in which the price of Bitcoin (BTC) lost 64%, cryptocurrency market participants have high expectations for 2023. However, the relatively short history of BTC trading teaches that the […]
Vauld rejected a renewed takeover proposal by crypto finance firm Nexo, citing concerns with the company’s financial health. According to The Block, Vauld “unanimously” rejected Nexo’s proposal, with one Vauld creditor stating that they require […]
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and […]
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent […]
The legendary gaming studio Square Enix will continue to double down on Blockchain technology and digital assets in 2023. In a letter published by the company’s president Yosuke Matsuda, the company committed to focusing on […]
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