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Decentralized finance still has a ways to go before it can attract institutional capital. Meanwhile, Fireblocks has become a nine-figure revenue-generating company. Go to Source Powered by WPeMatico
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto. Go to Source Powered by WPeMatico
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively. Go to Source Powered by WPeMatico
People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams. Go to Source Powered by WPeMatico
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information. Fake Ukrainian Call Centers Promise Foreigners Excess Profits From Crypto Trading Officers from the Main Investigative … Read more
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. Go to Source Powered by WPeMatico
The bank cited concerns with Bitkub “resolving various issues” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline. Go to Source Powered by WPeMatico
It’s no secret the banking system doesn’t like Bitcoin — but does that stance challenge Bitcoin-first companies? Cointelegraph investigates. Go to Source Powered by WPeMatico
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” Go to Source Powered by WPeMatico
The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance. Go to Source Powered by WPeMatico
