[ad_1] Top Stories This Week FTX EU launches withdrawal website to pay back European users The European arm of FTX has launched a website to allow customers in Europe to submit withdrawal requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. Meanwhile, in the United States, […]
[ad_1] Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary, marking a bittersweet moment for the company. Due to continued regulatory uncertainty, we have made the difficult decision to wind down our […]
[ad_1] In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. […]
[ad_1] Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian […]
[ad_1] Japan’s Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported. According to the report, the ministry’s panel will focus on the creation of a framework for a central bank digital currency (CBDC) and will refer to a technical […]
[ad_1] Expectations for Paris Blockchain Week were relatively low considering the downbeat market conditions. However, Paris can always surprise you. Indeed, conference halls at the event were not nearly as empty or depressing as Consensus after the big crypto meltdown of 2018. People were present, and conversations were fruitful. (And yes, the croissants were, as […]
[ad_1] On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on […]
[ad_1] A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within […]
[ad_1] USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network, according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle. We’re excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon, stay tuned for details. […]
[ad_1] According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon […]