Silvergate Bank recently announced the closure of Silvergate Exchange Network (SEN), which facilitated off-blockchain money transfers between major investors and crypto exchanges. The decision was made due to concerns about…
On Tuesday, Federal Reserve Chairman Jerome Powell delivered testimony to the Senate Banking Committee that had the crypto industry on edge. Powell addressed a range of issues including the fallout…
In February, the DeFi space experienced a series of attacks, resulting in a loss of around $21 million in cryptocurrency. Defi Lama, a DeFi data analytics platform, identified a loan…
The cryptocurrency exchange Binance has been under scrutiny recently, with Forbes publishing an article that made claims about the exchange's financial activities. The report indicated the movement of funds or…
Although the U.S. regulators intensify their measures against cryptocurrency exchanges and their staking programmes, it has not stopped Bitcoin (BTC) from reaching $24,600 as of writing -- which is the…
Credit Suisse, one of the largest banks in Switzerland, is leading a $65 million Series B funding round in Taurus, a digital asset firm. The investment is aimed at expanding…
Paxos will stop minting Binance's stablecoin BUSD at the direction of the New York Department of Financial Services (NYDFS). BUSD is the third most popular stablecoin with $16 billion outstanding,…
The Securities and Exchange Commission (SEC) has informed crypto firm Paxos Trust Co. of its plans to file a lawsuit against the company for alleged violation of investor protection laws,…
Digital payments company Visa is investing in building muscle memory that would help it provide global settlements with digital assets and fiat currencies. In a presentation made at StarkWare Sessions…
The community has advised users to remove funds in response to rumours that the cryptocurrency exchange Huobi has fired employees and shut off internal communications.
Huobi advisor Justin Sun dismissed claims…