Crypto PACs spend $14M targeting crucial US Senate and House races
With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.
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FDIC alleges Cross River engaged in ‘unsafe’ lending practices
Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021. 98 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank –…

Belarus president signs decree to support free circulation of crypto
The decree provides a legal basis for Belarus Hi-Tech Park to set up a register of crypto wallets used in illegal activities. Belarusian President Alexander Lukashenko has signed a decree affirming the country’s formal support of free circulation of cryptocurrencies like Bitcoin (BTC).Lukashenko’s press office announced Monday that the president has signed a decree “On…

German Bank Association: New Regulation for DLT-Based Securities May Be Necessary
The Association of German Private Banks (Bankenverband) foresees that a need for new regulation may arise from the emergence of distributed ledger technology (DLT)-based securities. The association expressed its concerns in a post on its official website on March 11, Cointelegraph auf Deutsche reported.Per the post, if securities are issued using new technologies, then there…

Berkshire-backed Nubank adds ADA, NEAR, ATOM to crypto offerings
Nubank has seen a quarterly revenue increase of 1124% in less than four years as its customer base has grown. Nubank, a Latin American financial bank backed by Warren Buffett’s Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM)

Crypto Ranking Website CoinGecko Launches Derivatives Section
CoinGecko announced that it is launching its own cryptocurrency derivatives section.In a press release shared with Cointelegraph on Oct. 29, the data aggregator said that its new derivatives section will offer additional stats so users can track more than 100 derivatives products offered by over 20 derivatives exchanges.CoinGecko’s offering is the first of its kindAccording…

Crypto firms target custody market as institutional adoption grows
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage.

Bitfinex’s BTC Holdings Decrease by One-Third in a Month
Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks.On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to just 134,091 Bitcoin. The massive decrease mirrors that experienced by BitMEX, which saw a 38% percent decline in its Bitcoin holdings after the mid-March “flash…

MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink…