Signature Bank Buyers Have To Give Up All Crypto Businesses, Says FDIC

Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition.  The report said buyers of […] дальше »

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SVB parent company reportedly considering bankruptcy

SVB Financial Group, the parent company of troubled U.S. lender Silicon Valley Bank (SVB), is looking for ways to sell off its assets and is considering entering bankruptcy protection. дальше »

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Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report

The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday. дальше »

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1 year after $11M LUNC bets: Do Kwon wanted, funds paid, hedge stuck on FTX

Terra Luna former co-founder Do Kwon, who lost $11 million in two bets, is currently wanted by Interpol and is reportedly hiding in Serbia. дальше »

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Accusations of Money Laundering Surface at Signature Bank

US Regulators are reportedly investigating the crypto-friendly Signature Bank for money laundering. Is it a part of the operation Choke Point? The post Accusations of Money Laundering Surface at Signature Bank appeared first on BeInCrypto. дальше »

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SVB and FTX-backed Chipper Cash contemplates sale or new investor

Chipper Cash, an African fintech company backed by Silicon Valley Bank and the defunct crypto exchange FTX, is reportedly considering various strategic moves, including a potential sale or attracting new investors. дальше »

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US Justice Department is reportedly investigating TerraUSD (UST) collapse

FBI and SDNY are probing the collapse of Terra's algo-stablecoin - UST The agencies investigation is on similar lines as that of the SEC, which charged Do Kwon for committing securities fraud The post US Justice Department is reportedly investigating TerraUSD (UST) collapse appeared first on AMBCrypto. дальше »

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FDIC bidding for Silicon Valley Bank is in progress: Report

The FDIC reportedly started an auction process late on March 11 for Silicon Valley Bank. Bids were to be open for just a few hours. дальше »

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Robinhood reportedly suspends USDC depositing and trading

Robinhood, a platform that allows the commission-free trading of, among other instruments, cryptocurrencies, via a mobile app, has halted the trading and depositing of USDC. дальше »

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Breaking: Crypto-Friendly Silicon Valley Bank In Talks to Sell Itself

SVB Financial, the parent company of Silicon Valley Bank, is reportedly considering a sale as several large financial institutions have expressed interest in acquiring the bank дальше »

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Lawyer may sue Coinbase, Robinhood for securities law violations

Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. дальше »

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Meta working on text-based decentralized social network codenamed P92

Meta is reportedly building a decentralized, text-based social network that supports ActivityPub — the decentralized social networking protocol powering Twitter-rival Mastodon. дальше »

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Major Bitcoin Sell-Off Averted? Mt. Gox's Largest Creditor Makes Up Its Mind

Mt Gox Investment Fund has reportedly chosen to receive early payout in Bitcoin дальше »

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Silvergate Reportedly Working Out a Rescue Plan with FDIC Officials

Coinspeaker Silvergate Reportedly Working Out a Rescue Plan with FDIC Officials FDIC officials are reportedly looking at the books and records of Silvergate Bank and could provide a remedy for bank to come out of the turmoil. дальше »

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Silvergate turns to US congress agency for help

Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the numerous victims of the disgraced Sam Bankman-Fried’s FTX exchange collapse,… дальше »

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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank. дальше »

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CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues

Seychelles courts have approved a plan that would give 65% of the company to creditors and 15% to employees as CoinFLEX is said to transition into the Open Exchange. дальше »

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US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report

Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law. дальше »

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Meta Is Planning Additional Layoffs, Which Could Begin This Week

Coinspeaker Meta Is Planning Additional Layoffs, Which Could Begin This Week Meta is reportedly working towards additional layoffs that could impact another set of thousands of employees. дальше »

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Amazon to Launch NFT Marketplace in April

The e-commerce giant, Amazon, is reportedly launching its own NFT platform as early as next month. According to reports, Amazon is launching its own NFT marketplace on April 24th. Apparently, the new platform “Amazon Digital Marketplace” will launch with 15 NFT collections. дальше »

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Curve Finance: The $250M bribes talk you shouldn't miss out on

Bribes paid out to vlCVX holders have started to go down. Moreover, the Curve protocol is reportedly struggling as the number of users on the protocol has been declining. According to data pThe post Curve Finance: The $250M bribes talk you shouldn't miss out on appeared first on AMBCrypto. дальше »

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Babel wants to repay creditors via special ‘recovery coins’: Report

Babel reportedly owes $524 million worth of Bitcoin, Ether and other cryptocurrencies due to “risky trading activities” by co-founder Wang Li. дальше »

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Crypto Exchange Kraken Announces Plans to Launch Its Own Bank

Kraken, one of the most popular crypto exchanges in the U. S. , reportedly has plans to launch its own bank. The news comes amid a challenging regulatory environment. Kraken’s Chief Legal Officer, Marco Santori, said, “Kraken Bank is on track to launch, very soon. дальше »

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Binance reportedly wanted SEC chair Gary Gensler to be an adviser

The present SEC chair had rejected the offer to serve as an adviser to Binance, as per WSJ Binance reportedly has been "much more intertwined" with its American affiliate than it has disclosed The post Binance reportedly wanted SEC chair Gary Gensler to be an adviser appeared first on AMBCrypto. дальше »

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Tether companies allegedly used fake documents to access banking services

Some companies behind Tether reportedly used fake paperwork and shell companies to get bank accounts after Wells Fargo halted services for several of Tether's taiwanese accounts. дальше »

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Cardano-powered Djed stablecoin crashes to $0.13

Cardano’s recently-launched stablecoin Djed (DJED) reportedly crashed to about $0.13 on March 1. Crypto news blog Whale Chart reported the crash on March 3 but didn’t give any details, only briefly stating, “Cardano stablecoin DJED flash-crashed to $0.13.” After investigating… дальше »

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BUSD’s market cap falls to this level for the first time in 2 years

The market capitalization of BUSD has dropped below $10 billion. Rising regulatory scrutiny of Paxos and Binance is reportedly the cause of the lost market cap. Binance USD [BUSD] is the worThe post BUSD’s market cap falls to this level for the first time in 2 years appeared first on AMBCrypto. дальше »

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Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank

Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account. дальше »

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Trio of Japanese Banks Look to Embark on Stablecoin Experiment

Coinspeaker Trio of Japanese Banks Look to Embark on Stablecoin Experiment Japanese banks Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank are reportedly launching a stablecoin to enhance payments. дальше »

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Bitcoin [BTC] to not fall under 'money' in the U.S? According to...

The state of South Dakota is attempting to redefine what constitutes money, focusing particularly on classifying cryptocurrencies. Reportedly, the move can be interpreted as a jab at Bitcoin. дальше »

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Coinbase cuts ties with Silvergate as bank delays annual report filing

Coinbase announced that it would not accept payments from or to Silvergate The news comes hours after LedgerX reportedly ended its relationship with the crypto bank Coinbase, a leading U. дальше »

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Binance Attempts To Secure License To Offer Crypto Services In Singapore Again

Binance, the world’s largest crypto exchange, is reportedly trying to secure cryptocurrency services in Singapore again. The custodial arm of the exchange plans to apply for a permit in order to start providing crypto services in Singapore. дальше »

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AI Wars: Elon Musk Is Said To Be Forming A Team To Fight ChatGPT

Elon Musk is using his power to prevent this chatbot from dominating the artificial intelligence business. Musk has reportedly sought artificial intelligence professionals in recent weeks about constructing a new research facility to develop an alternative to ChatGPT, the high-profile chatbot developed by the startup OpenAI, according to The Information and sources with direct knowledge […] дальше »

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Americans own Bitcoin despite 2022 events: Report

20% of Americans own at least one crypto asset, as per a Coinbase survey. Younger Americans - 36% Gen Z and 30% millennials - reportedly own crypto assets. Morning Consult has published the The post Americans own Bitcoin despite 2022 events: Report appeared first on AMBCrypto. дальше »

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Binance reportedly moved $1.8 billion of collateral backing customers stablecoin

Binance moved over $1 billion of customer funds meant as reserves for B-tokens last year The funds were sent to firms like Alameda Research, Cumberland, and Tron Binance CSO stated that therThe post Binance reportedly moved $1. дальше »

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Huobi, KuCoin reportedly transacting with sanctioned Russian banks

A report by open-source intelligence company Inca Digital alleges that two major crypto exchanges, Huobi and KuCoin, have been letting customers of sanctioned Russian banks make transactions on their platforms. дальше »

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French police arrest two suspects over Platypus Finance hack

Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, yesterday announced that french authorities had arrested and summoned two suspects who had reportedly exploited their platform earlier.  дальше »

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Voyager is liquidating assets, including 2.2 trillion SHIB: report

Voyager reportedly received $100 million in USDC since 24 February. Crypto assets sold include 2. 24 trillion Shiba Inu and over 15,600 Ether. Voyager filed for Chapter 11 bankruptcy in July 2022. дальше »

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Exchanges using USDT to trade in Russia despite sanctions: Report

Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without The post Exchanges using USDT to trade in Russia despite sanctions: Report appeared first on AMBCrypto. дальше »

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Concerns raised on suspicious movement of Gate.io stolen funds

On Feb. 23, blockchain security tracker CertiKAlert brought to light suspicious activity involving the movement of stolen funds from the Gate.io hack which took place in August 2018. The exploit, which reportedly involved North Korean hackers, resulted in the loss… дальше »

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Binance Australia Derivatives reportedly closes accounts and positions for some users

Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services. дальше »

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The JPEG Battle: Blur Dangles $300 Million For NFT Traders To Abandon OpenSea

Last week, the NFT and crypto space was lit with activity when NFT marketplace Blur announced what it said was Season 1 of its token airdrop. A total of 360 million BLUR tokens were airdropped to active participants on the platform, with the highest airdrop reportedly worth around $4 million. Now, the NFT platform is […] дальше »

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Hong Kong’s Crypto Hub Aspirations Get Beijing’s Seal Of Approval

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Why stablecoins may not replace fiat currency, as per BIS Chief

The events of 2022 reportedly raise "serious doubts about the potential of stablecoins to serve as money." Many stablecoins now in use may not adhere to the tight requirements imposed for issueThe post Why stablecoins may not replace fiat currency, as per BIS Chief appeared first on AMBCrypto. дальше »

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Aventus blockchain pauses planned token split: AVT token drops 4%

Aventus (AVT/USD) has declined by about 4% after Aventus blockchain announced shelving an earlier decision to split its native token AVT. The main reason behind the price drop is reportedly a spike in volatility on minimal liquidity after the decision to pause the split. дальше »

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Reddit co-founder bought 50,000 ETH in 2014, stash now worth over $82.2m 

Alexis Ohanian of Reddit, reportedly spent $15,000 to purchase 50,000 ETH in 2014, when each coin was trading at $0.30. This haul is now worth over $82.2m. дальше »

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China bats for on-chain blockchain ownership to increase transparency

The Chinese city of Shenzhen plans to stamp data ownership on blockchain. Data owners will reportedly be able to trade data property on the data market. The Shenzhen Municipal Committee annoThe post China bats for on-chain blockchain ownership to increase transparency appeared first on AMBCrypto. дальше »

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China reportedly approves crypto usage in Hong Kong, details inside

China is reportedly onboard with Hong Kong's recent push to embrace crypto. Representatives from mainland China are closely following and reporting on the crypto developments in the island cityThe post China reportedly approves crypto usage in Hong Kong, details inside appeared first on AMBCrypto. дальше »

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Zipmex will resume withdrawals following takeover

Southeast Asia-focused cryptocurrency exchange, Zipmex is reportedly set to restart customer withdrawals after reaching a takeover deal. дальше »

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SHIB enters critical zone, Shibarium beta launch might happen this week?

Reportedly, Shibarium beta launch might happen this week. Shiba Inu may potentially experience a demand reboot as hype starts to build up. Shiba Inu [SHIB] might be headed for another demandThe post SHIB enters critical zone, Shibarium beta launch might happen this week? appeared first on AMBCrypto. дальше »

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