Former NY Regulator: Crypto Isn’t the Reason Why Signature Bank Was Closed

news LG Corporation, the South Korean electronics conglomerate, may be expanding its blockchain initiatives. On July 2, the firm filed a patent on that describes an electronic wallet that may contain capabilities for cryptocurrency. Additionally, LG CNS, the firm’s IT subsidiary, announced that it will add food distribution services to it’s Monachain distributed ledger, according…

Mining stocks have underperformed bitcoin this year.The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said.Some CEOs noted the potential for consolidation in the sector, Bernstein said.Bitcoin (BTC) miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward halving approaches, broker

Oct 22, 2020 at 16:06 UTCBlockchain Bites: Hodl Hodl’s No-KYC Bitcoin Lending, Voyager’s Token Merging M&A Deal, Crypto’s Reaction to PayPalHodl Hodl announced a P2P lending service, with no KYC requirements. Ant Group is continuing to research and release blockchain-based services. And what people are saying following PayPal’s crypto market entrance.Top shelfBitcoin buysFollowing a wave…

Jul 28, 2020 at 10:00 UTCChristian Lundkvist and Vitalik Buterin speak at Devcon 1. (Ethereum Foundation/YouTube)Memories of London’s Devcon 1, Ethereum’s ‘Woodstock’ MomentEthereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged…

Upstart blockchain Manta Network was hit by a distributed denial of service (DDoS) attack a day after it issued its MANTA token, leading to longer-than-expected withdrawal times and a slow network.“The network has accumulated a large queue of recent transactions,” Manta developers said in an X post. “This is leading to longer transaction times and

Feb 21, 2020 at 15:44 UTCUpdated Feb 21, 2020 at 16:26 UTCThere are two warring factions at the Federal Communications Commission (FCC). One side represents the business class, or the dominant internet service providers (ISPs) that want less regulation, freer markets and the ability to determine how to run and where to build their networks. Its…

BitVM brought fresh impetus to Bitcoin layer-2 initiatives that seek to introduce greater utility to the network. The investment led by trillion-dollar asset manager Franklin Templeton suggests the TradFi world is taking notice as well. 1:02:43 Why Financial Advisors Are So Excited About a Spot Bitcoin ETF 02:21 When Could Traders See the Arrival of

Binance’s settlement with the U.S. Securities and Exchange Commission (SEC) on multiple charges spurred a market decline, with the impact felt most by futures traders betting on further growth.Data from CoinGlass show, exchanges have liquidated crypto perpetual futures positions worth $227 million in the past 24 hours. Bullish longs accounted for nearly 80% of the

Even though the launch of the ten spot bitcoin (BTC) exchange-traded funds (ETFs) contributed to Coinbase’s better-than-expected fourth-quarter earnings, analyst at J.P. Morgan is skeptical if the benefits are as strong as the exchange makes them seem.“Management touted its involvement in the U.S. spot Bitcoin ETF as a net positive, but we’re still uncertain of