Many crypto services are reporting issues amid extreme market volatility
Coinbase was down, Gemini reported degraded performance, and CoinMarketCap was inaccessible earlier today. Go to Source Powered by WPeMatico
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New OCC head requests review of cryptocurrency rules
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders. Go to Source Powered by WPeMatico
Coinbase to raise $1.25B via debt securities for institutional investors
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. Go to Source Powered by WPeMatico
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000. Go to Source Powered by WPeMatico
Argentina’s tax body reportedly asks crypto firms to report all activity
Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations. Go to Source Powered by WPeMatico
Singapore’s biggest bank launches crypto trust solution
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. Go to Source Powered by WPeMatico
Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more
An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance. Go to Source Powered by WPeMatico
Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000. Go to Source Powered by WPeMatico
Tether discloses full reserve breakdown for the first time
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31. Go to Source Powered by WPeMatico
Binance is reportedly under investigation from IRS and Justice Department
The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media. Go to Source Powered by WPeMatico