crypto business – DIGIT INFO

Crypto Biz: Crypto industry faces fresh round of layoffs

DIGIT — Fri, 01 Nov 2024 21:00:00 +0000

This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.

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Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

DIGIT — Mon, 20 Mar 2023 21:30:16 +0000

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all of Signature’s deposits, except for $4 billion of deposits related to the […]

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Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partner

DIGIT — Thu, 05 Jan 2023 04:21:00 +0000

Juno recommended users pull their funds from the platform amid “uncertainty” over the fate of its crypto custody provider Wyre.

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Over 12,000 Brazil companies declare crypto holdings in record high

DIGIT — Mon, 10 Oct 2022 01:56:35 +0000

August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.

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Swinburne Uni brings Web3 firms to class

DIGIT — Fri, 27 May 2022 05:34:34 +0000

The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks.

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BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York

DIGIT — Tue, 19 Apr 2022 02:04:43 +0000

The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry.

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Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

DIGIT — Tue, 02 Nov 2021 22:30:24 +0000

Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]

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