DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions. Go to Source Powered by WPeMatico
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Silvergate hit with another class action suit, this time for securities law violations
According to allegations, the company and its executives knowingly misled investors with positive statements despite accusations involving money laundering and tanking share prices. Go to Source Powered by WPeMatico
New York-based bank exits crypto after tumultuous year
The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical. Go to Source Powered by WPeMatico
Marathon Digital experiments with overclocking to increase competitive advantage
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC. Go to Source Powered by WPeMatico
US federal agencies release joint statement on crypto asset risks and safe practices
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks. Go to Source Powered by WPeMatico
What Goldman Sachs’ CEO misunderstands about private blockchains
Blockchains aren’t meant to provide big banks with another venue for imposing new fees on users. Go to Source Powered by WPeMatico
German crypto asset trading platform Bitcoin Group SE buys bank with full license
Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMex execs. Go to Source Powered by WPeMatico
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. Go to Source Powered by WPeMatico
Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask
Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support on Proprietary Blockchain The blockchain … Read more
Block.one and its CEO become largest Silvergate Capital shareholders
Block.one, the original developer of the EOSIO blockchain platform, has bought into Silvergate, which bought Meta’s Diem stablecoin project, have joined up. Go to Source Powered by WPeMatico
