by Александр Пирогов | Mar 9, 2023 | Blog News
Crypto Bank Silvergate Capital Corp announced plans on 9 March to cease operations and voluntarily liquidate, citing recent industry and regulatory developments. The decision comes after the bank suffered substantial losses following the collapse of the cryptocurrency...
by Александр Пирогов | Mar 7, 2023 | Blog News
Crypto exchange Bybit will reportedly launch its new debit card, which will permit users to conduct fiat-based transactions by using their cryptocurrency holdings. Operating on the Mastercard network, the Bybit card enables the debiting of cryptocurrency balances to...
by Александр Пирогов | Mar 7, 2023 | Blog News
Argo Blockchain, a publicly-listed Bitcoin mining company, reported a 7% increase in its daily Bitcoin production in February despite the surge in network difficulty, which has reportedly reached an all-time high of 43 trillion on 25 February. According to the...
by Александр Пирогов | Mar 7, 2023 | Blog News
The US Securities and Exchange Commission (SEC) has taken emergency action against BKCoin Management on 7 March, accusing the Miami-based investment adviser of raising $100 million from 55 investors to invest in cryptocurrency but instead using the funds to pay for...
by Александр Пирогов | Mar 6, 2023 | Blog News
Silvergate Capital Corp announced on 3 March that it has made a risk-based decision to discontinue its crypto payments network, the Silvergate Exchange Network (SEN), which provides round-the-clock transfers between investors and crypto exchanges. While other...
by Александр Пирогов | Mar 6, 2023 | Blog News
The Australian government’s internal documents indicate that the process of legislating on crypto may extend beyond 2024. The documents suggest the government will issue consultation papers in Q2 2023 and hold stakeholder roundtables on crypto licensing and custody in...