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FDIC Report Cites Poor Management as the Cause of Signature Bank Failure
Signature Bank‘s collapse was attributed to poor management and inadequate risk management practices, according to a post-mortem assessment conducted by…
Read More » - Crypto Exchanges
Kraken in Battle With Regulators, Efforts Are Taking Place Behind the Scenes
According to Marco Santori, chief legal officer of Kraken, the crypto exchange submitted an application for a Federal Reserve master…
Read More » - Companies
Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
Read More » - Crypto Exchanges
Regulatory Environment Prompts Binance US to terminate $1 Billion Deal with Voyager Digital
Binance.US has announced through a tweet that it will not proceed with its plan to acquire $1 billion worth of…
Read More » - Crypto Exchanges
Russian Users Regain Access to Binance After Exchange Silently Removes Restrictions
The world’s largest cryptocurrency exchange in terms of trading volume, Binance, has silently removed the limitations it had previously imposed…
Read More » - Crypto Exchanges
Coinbase Pursues Legal Action Against SEC for Ignoring Rulemaking Petition
Cryptocurrency exchange Coinbase has taken legal action in a US federal court to compel the Securities and Exchange Commission (SEC)…
Read More » - Government
Hydrogen Technology and Former CEO Slapped with $2.8 Million Fine in SEC Lawsuit for Cryptocurrency Price Manipulation
The US Securities and Exchange Commission (SEC) has won a lawsuit against Hydrogen Technology Corporation and its former CEO, Michael…
Read More » - Crypto Exchanges
Binance Accused of Willful Noncompliance by CFTC Chairman
During an event at Princeton University, the chairman of the Commodity Futures Trading Commission (CFTC) expressed his disapproval towards Binance…
Read More » - Crypto Exchanges
Brother of Former Coinbase Employee Ordered to Pay Restitution in Landmark Crypto Insider Trading Case
A man, who is the brother of a former worker at cryptocurrency exchange Coinbase, has agreed to pay approximately $470,000…
Read More » - Editor Choice
The Decline of the US Dollar? Global Economic Trends and the Rise of Cryptocurrencies
Although the US dollar has long been the dominant global currency, its share in global central bank reserves has been…
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