Federal Reserve Board drops enforcement action against Silvergate

SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one. 220 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNew reports into Sam Bankman-Fried and his collapsed exchanges revealed that Alameda Research,…

Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. 1314 Total views 5 Total shares A new stablecoin pegged to the value of the Chilean Peso is now live on the open-source Stellar payments network — but is yet to prove popular with…

LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet on July 9.The new system — created in collaboration with local IT service provider SayIT — will be based on LG’s proprietary blockchain…

In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15.Following the expected fork at block 582,680, the network purportedly began to experience issues with transactions.BitMEX said that the number of transactions per block was low — 0 in the last…

United Arab Emirates-based UAE Exchange has partnered with Ripple to launch blockchain-based cross-border remittances to Asia by Q1 2019, Reuters reports Dec. 13.According to the report, UAE Exchange, a part of payments and foreign exchange company Finablr, is among the key players in the Middle East region, which sees high levels of remittance inflows from expatriate workers.…

The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future. 452 Total views 3 Total shares Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential…

Bitcoin (BTC) hit new nine-month highs on March 17 as the latest events in the growing United States banking crisis boosted crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBanking crisis volatility sees $27,000 BTC priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating.At the time of writing, the pair…

In an exclusive interview with Cointelegraph, AssangeDAO's core members explain how a decentralized autonomous organization could obtain the release of Julian Assange. 94 Total views 4 Total shares “DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which…

Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time. 432 Total views 3 Total shares Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans