The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has announced plans to “wind down operations” and liquidate the bank. In a March 8 announcement, Silvergate Capital Corporation said the decision to shutter operations was “in light of recent industry […]
Dublin-based crypto exchange OKX has hinted that it’s potentially looking into laying off roughly one percent of its staff as a means of saving money and helping itself during this time of recovery after the 2022 crypto winter. Is OKX the Next Crypto Firm Looking to Let Employees Go? Right […]
Biden and his nation-hating associates have been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0. The plan was designed to cut off any “undesirable” industries from banking services. This includes crypto, which is presently unregulated by the federal government. Biden Shows […]
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the likelihood of the case resolving through trial has become even higher, according to the former lawyer and Evernode XRPL co-founder Scott Chamberlain. The judge’s decision to exclude the SEC’s expert witness as a […]
The world of Web3 offers users the opportunity to recreate their digital identity and explore new avenues of creative expression and individuality. This is more so as nonfungible tokens (NFTs) become more dynamic and personalizable. On Feb. 8, a new project from Snark.art and OG.Art called, Heterosis, launched a collection of dynamic […]
On Wednesday (March 8, 2023), the price of meme-based cryptocurrency $SHIB is surging as the Shiba Inu community eagerly awaits this week’s launch of the beta version of Shiba’s Layer 2 (L2) scaling solution Shibarium. Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named […]
The identity of the Shiba Inu founder and creator has been a source of contention among SHIB holders over the last year. Ryoshi is the founder of Shiba Inu, but little else is known about the unidentified person who invented cryptocurrencies. They maintain anonymity, just like Satoshi Nakamoto, who created […]
The hacker behind the exploit of the decentralized finance lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether (ETH). The exploit was executed at 10:28 am UTC on March 7, with Tender.fi confirming the incident on Twitter soon after, citing “an unusual amount of […]
Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US. The approval was granted by United States Bankruptcy Judge Michael Wiles on Mar. 7, which came after four days of arguments presented by Voyager and the U.S. Securities Exchange Commission […]
Web3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening the door to broader consumer adoption of digital assets. The Series A funding round was led by Liberty City Ventures, with additional participation from JetBlue Ventures, Craft Ventures, Franklin […]
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