Ripple CTO Slams This Crypto-Friendly Insolvent Bank, Gives Advice to His Twitter Followers

2023-3-21 18:44

David Schwartz has shared his take on the recent case of Silicon Valley Bank origin »

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Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from […]

2022-5-6 20:36


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Bitcoin Ban ‘Most Advisable’ Option In India, Not Legalization: Central Bank Deputy Governor

The deputy governor of the Reserve Bank of India (RBI), the country’s central bank, has come out in support of banning cryptocurrencies in the world’s second-most populous nation. RBI Deputy Governor Doubles Down On Anti-Crypto Stance The RBI deputy governor has poured cold water on any hopes that India could soon take the regulatory and […]

2022-2-15 00:20


XRP Spikes 9% as Japan’s 2nd Largest Bank Takes Stake in Ripple Partner SBI Holdings

XRP is today’s leading high market cap cryptocurrency, having gained 9% over the last 24-hours. This comes as the rest of the crypto markets continue to move sideways. Analysts have attributed this to a collaboration deal, which sees Japan’s second-largest bank, the Sumitomo Mitsui Financial Group (SMFG) take a stake in an SBI Holdings company....

2020-4-29 15:48


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Coronavirus Forces China to Sanitize Billions in Paper Money, Bitcoin Avoids Such Precautions

China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus.

2020-2-19 23:20


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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court

India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.

2020-1-22 16:05


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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today

India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry.

2020-1-22 16:05


President of European Central Bank Pushes To ‘Be Ahead’ Of Stablecoins Demand

Christine Lagarde is the president of the European Central Bank, and she’s recently made it clear how highly she holds stablecoins. In a recent tweet, she urged the bank to take note of the substantial demand for stablecoins in the world, adding that the institution needs to “be ahead of the curve,” regarding the issuance […]

2019-12-13 01:46


Commerzbank Creates Blockchain Payment Program For Machine-Based Self-Driving Trucks

The German bank Commerzbank has recently developed a new blockchain-based technology that will be used in order to make automated payments between self-driving trucks. The system, which aims to take humans completely out of the equation, will be used to allow automated trucks to pay for their charging power without needing any human interaction. According […]

2019-8-9 01:04


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Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M

Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports.

2019-7-29 10:55