Category: Latest news

[ad_1] Ad The United Kingdom Financial Conduct Authority(FCA) cracked down on crypto ATMs in the country and moved on to the east London region with the investigation, Reuters reported. The FCA has been working with the police force from West Yorkshire to deal with the unregistered ATM installations in the city of Leeds. The FCA…

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[ad_1] Brad Garlinghouse, CEO of fintech firm Ripple, which develops XRP financial products, previously led file-sharing site Hightail and served as President of Consumer Apps at AOL and SVP of Yahoo!’s Communications division. More about Brad Garlinghouse Info LinkedIn Twitter [ad_2] Source link

[ad_1] Ad In a March 7 Senate hearing committee on cryptocurrency and the environment, Senator Cynthia Lummis (R – Wyoming) emphasized that energy efficiency standards must not be utilized to target particular energy use cases like crypto mining. During the committee, evidence was presented by both sides on how the crypto-asset industry impacts the environment.…

[ad_1] Ad According to on-chain data, the US law enforcement agency moved 49,000 Bitcoin (BTC) — over $1 billion — during the early hours of March 8. On-chain data provider Glassnode reported that the US agency was moving around 40,000 BTC, adding that the transactions appear to be internal transfers. However, it noted that the…

[ad_1] Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take Roughly $200 million of Bitcoin was withdrawn from exchanges yesterday, the third most year-to-date. March 7 saw Fed Chairman Powell testifying to the Senate, in addition to the Grayscale vs. SEC case. The exchange…

[ad_1] Ad The biggest news in the cryptoverse for March 7 saw Algorand face criticism over its insufficient response to a third-party wallet breach. Meanwhile, Grayscale defended its rejected Bitcoin ETF conversion in court. Federal Reserve chair Jerome Powell commented on permissionless ledgers. Plus, research on USDT. CryptoSlate Top Stories Algorand blasted over inaction on…

[ad_1] Ad A New York bankruptcy judge has ruled that Voyager Digital is allowed to sell its assets to Binance.US, according to a report from Bloomberg on March 7. Binance.US can buy $1 billion in assets Judge Michael Wiles ruled that the two companies involved in the proposal can attempt to close the deal and…

[ad_1] Ad Failing crypto bank Silvergate is exploring ways to make a recovery with U.S. regulators, according to a report from Bloomberg on March 7. Officials have visited Silvergate HQ Bloomberg reported that Federal Deposit Insurance Corp (FDIC) officials visited Silvergate’s California headquarters last week with authorization from the Federal Reserve. Silvergate has not yet…

[ad_1] Ad Tether has denied reports on March 3 suggesting that it was involved in external attempts to obtain bank accounts through falsified documents. WSJ claims Tether exec signed false documents On March 3, the Wall Street Journal claimed that “Tether Holdings and [a] related crypto broker obscured identities” as evidenced by documents it has…