Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

news Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin as chief executive officer. Carolin, who joined B3i as chief financial officer in March 2018, had served as interim CEO since March of this year. B3i began life back in October 2016 as a…

The Fifth Circuit Court of Appeals. (Bobak Ha'Eri/Wikimedia Commons)A federal appeals court on Tuesday affirmed a lower court’s denial of a motion to suppress evidence in a case that hinged on whether the Fourth Amendment of the U.S. Constitution protects Bitcoin blockchain records from warrantless search and seizure. The Fifth Circuit Court of Appeals in…

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories Bitcoin settled above $67,000 following a brief surge above $68,000 on Sunday after President Biden said he would not seek

The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a California man and his company for running an elaborate romance scam that swindled dozens of investors out of more than $1 million, according to a Thursday press release.The action, filed in the U.S. District Court for the Central District of California, alleges…

markets View Bitcoin risks falling below $10,000 this week, having confirmed a high-volume bearish reversal on the daily chart on Friday. A break below $10,000 would expose key support levels lined up at $9,755 and $9,320. The bearish case would weaken if the cryptocurrency rises above $10,350 today, confirming a wedge breakout on the hourly…

Nov 25, 2019 at 16:50 UTCUpdated Nov 25, 2019 at 17:23 UTCChinese president Xi Jinping, image via ShutterstockCrypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher CrackdownCall it a self-defeating prophecy.When President Xi Jinping praised blockchain technology as an opportunity that China should pounce on last month, many took it as an auspicious sign for…

International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022. The settlement, announced Tuesday, also included a resolution to a second SEC investigation into Prager Metis, which accused the firm

Jul 22, 2020 at 08:20 UTCUpdated Jul 22, 2020 at 08:23 UTCGateway to China's supreme court, Beijing (Rneches /Wikimedia Commons)China’s Supreme Court Calls for Better Protection of Digital Currency RightsThe Supreme People’s Court of China has said the country’s legal system should strengthen protections around digital currency ownership rights. Published Wednesday, a new guideline from…

The sale gives Christie's a chance to "dip its toes" in crypto, said a New York representative.A montage of Beeple’s work(Christie's)Feb 18, 2021 at 10:16 a.m. UTCTop Auction House Christie’s to Accept Ether Cryptocurrency for Digital Art SaleBritish auction house Christie’s has confirmed it is accepting ether, the native cryptocurrency of the Ethereum network, as…