Silvergate Capital’s share price slumped more than 11% earlier today. Officials from the U.S. Federal Deposit Insurance Corp are currently in talks with the crypto bank. The federal regulator and…
Summary: JP Morgan will no longer offer banking services to crypto exchange Gemini, CoinDesk reported citing sources familiar with the matter. The bank’s decision to cut ties with a crypto…
Stargate Finance’s native token STG has tanked more than 9%. The token went down after Coinbase announced that it would delist it by 14 March. The announcement of the delisting…
Summary: Mt. Gox rehabilitation trustee Nobuaki Kobayashi reminded creditors to file registration claims before the Mar. 10 deadline. The deadline was extended from January to March at the start of…
Summary: A Seychelles court approved the restructuring plan submitted by embattled crypto exchange CoinFLEX. Trading for locked assets like LUSD and LETH remain halted until 24 hours after the court…
Summary: Thailand’s lawmakers approved a tax exemption for firms that issue digital tokens for investments. The cabinet agreed to waive corporate income tax for such companies and value-added tax for…
Summary: Babel Finance plans to repay creditors with a two-prong approach – a decentralized finance platform and a crypto-backed stablecoin token. The troubled crypto lender could soon move to keep…
Summary: Singapore’s police disclosed an ongoing investigation into Do Kwon’s blockchain company and Luna developer Terraform Labs. The company is the subject of several probes by South Korean authorities and…
Binance chief Changpeng Zhao has reiterated his support for the acquisition of Voyager Digital. The Securities and Exchange Commission objected to the deal during a recent court hearing. The SEC…
Two exchange-traded funds tracking the stock recommendations of Jim Cramer have gone live. One of them is an inverse ETF which shorts the stock picks made by the Mad Money…
Coinbase Global Inc. has purchased One River Digital Asset Management. One River is a digital asset management firm that caters to institutional clients. The crypto exchange is looking to tap…
Nationwide Building Society has imposed a daily limit of £5,000 on debit-card purchases of crypto assets. U.K’s largest bank HSBC has banned its customers from purchasing with credit cards. The…
Summary: Ethereum developers agreed to test the Shanghai or Shapella update on Goerli on March 14. Goerli marks the largest and final public testnet to mimic withdrawals for staked Ether…
U.S. Senators Elizabeth Warren, Chris Van Hollen, and Roger Marshall recently penned a letter to Binance chief Changpeng Zhao. The letter claimed that the crypto exchange was a hotbed of…
Summary: Major crypto exchange Coinbase has dropped Silvergate bank as its partner for USD deposits and withdrawals, per a company memo. The digital asset platform directed institutional Prime users to…
