Coinbase finds over '20 examples' of FDIC telling banks to avoid crypto

While most cryptocurrencies have seen their market capitalization slashed over the past month, the market meltdown has seen stablecoins ascend the market cap rankings. As of press time, six stablecoins currently reside among the top 50 crypto assets by capitalization.USDT ranks fourth The largest-stablecoin by capitalization, Tether (USDT), currently ranks as the fourth-largest cryptocurrency with a market…

A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met. Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met. The central…

China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative.Yao Qian, a former director of the Digital Currency Research Institute at the People’s Bank of China (PBoC), will serve as director at the China Securities Regulatory Commission’s (CSRC) first technology…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Bitcoin rallied from $3,355 on Jan. 29 to a high of $13,973.5…

Hashdex's approach differs from recent filings as it won't depend on the Coinbase surveillance sharing agreement, opting to acquire spot Bitcoin from physical exchanges within the CME market. Hashdex, a crypto asset management company, has joined the competition for a spot Bitcoin (BTC) ETF in the United States. The firm, known for its global leadership…

Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever.The monthly close placed BTC/USD firmly within its established 2022 trading range, and fears are already that $30,000 or even lower is next.That said, sentiment has improved as May begins, and while crypto broadly remains tied to macro…

The Solana-based project has registered impressive growth since launching in June, underscoring heightened demand for digital collectibles. 266 Total views 10 Total shares Nonfungible token (NFT) marketplace Metaplex has hired a new CEO and appointed an advisory board comprising some of crypto’s most influential voices, setting the stage for the continued growth of the Solana-based…

This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests. 743 Total views 5 Total shares While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange's fall from grace…

The deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings.The findings were revealed in a white paper entitled “Inclusive Deployment of Blockchain: Case Studies and Learning from the United Arab Emirates,” Emirates News Agency reported on Jan. 15.The paper was prepared by the Centre for…