The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims to Castle Island Ventures partner Nic Carter. Read More at https://cointelegraph.com/news/us-gov-killed-silvergate-to-cut-off-crypto-industry-nic-carter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Terror victims claim DOJ withholding their cut of $4.3B Binance penalty
Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn’t put the billions from Binance’s settlement into a victim fund. Read More at https://cointelegraph.com/news/terror-victims-sue-doj-share-multi-billion-binance-fine?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NYC’s pro-crypto mayor Eric Adams indicted on corruption charges
New York Mayor Eric Adams has defended his innocence after being indicted on federal criminal charges, saying that he will fight the charges with “every ounce of his spirit.” Read More at https://cointelegraph.com/news/nyc-mayor-eric-adams-indicted-corruption-charges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum bulls and bears fight to win this week’s $2.8B ETH options expiry
Ethereum price showed strength in September, but data suggests holding above $2,600 will be a challenge. Read More at https://cointelegraph.com/news/ethereum-bulls-and-bears-fight-to-win-this-week-s-2-8-b-eth-options-expiry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
3 reasons why Bitcoin (BTC) struggles to hold $64.5K
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment. Read More at https://cointelegraph.com/news/3-reasons-why-bitcoin-btc-struggles-to-hold-64-5-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase-backed Truflation confirms hack, estimated around $5M
Truflation’s team said that no customer funds were stolen in the security breach. Read More at https://cointelegraph.com/news/truflation-loses-estimated-5-million-malware-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 9/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout. Read More at https://cointelegraph.com/news/price-analysis-9-25-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kamala Harris wants the US to be ‘dominant’ in blockchain
Democratic presidential nominee Kamala Harris made another public statement about digital assets during a Wednesday speech at the Economic Club of Pittsburgh. Read More at https://cointelegraph.com/news/kamala-harris-us-dominant-in-blockchain-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Financial institutions are experimenting with Bitcoin-backed lending: Ledn
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending. Read More at https://cointelegraph.com/news/institutions-dipping-toes-bitcoin-lending-ledn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PayPal enables business accounts to buy, sell, and trade crypto
In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts. Read More at https://cointelegraph.com/news/pay-pal-enables-business-accounts-buy-sell-trade-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound