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FTX sues LayerZero over alleged illicit fund withdrawals. Details inside...
FTX sues LayerZero Labs to recover $21 million in allegedly illicitly withdrawn funds before FTX's closure. LayerZero CEO refutes claims, calls the lawsuit baseless, and expresses willingness tThe post FTX sues LayerZero over alleged illicit fund withdrawals. дальше »
2023-9-12 05:30 | |
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BlackRock Controversy Grows With Conflicting Accounts of China Stance
BlackRock denies it is pulling out of China following the closure of its China Flexible Equity Fund. The post BlackRock Controversy Grows With Conflicting Accounts of China Stance appeared first on BeInCrypto. дальше »
2023-9-8 21:06 | |
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US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.” дальше »
2023-9-6 00:39 | |
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Crypto Powerhouse Binance Connect Pulls The Plug: Closes Doors On August 16
Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, is set to shut down on August 16. This announcement comes after the decentralized exchange Biswap tweeted on the same day, revealing that Binance had made a challenging decision to disable its crypto arm on August 15 due to the closure of its supporting card […] дальше »
2023-8-16 00:00 | |
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Crypto exchange Txbit shuts down due to market conditions
Txbit, a cryptocurrency platform, has announced its closure on September 14, 2023, due to increasing regulatory challenges and market pressures. In an announcement on Monday, Aug. 14, a Netherlands-based cryptocurrency exchange Txbit revealed it is ceasing operations by Sep. 14, 2023.… дальше »
2023-8-15 17:40 | |
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Binance U.S. Faced Potential Closure, CEO Weighed Options Amid Regulatory Turmoil
Per a recent report from The Information, the CEO of crypto exchange Binance, Changpeng “CZ” Zhao, considered closing its U. S. subsidiary. The possibility was reflected due to the increasing hostilities from regulators against Zhao and the trading venue in the country. дальше »
2023-8-2 15:04 | |
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Solana Expected to Soar to $130, Scoop As Much As You Can
Solana has been experiencing significant fluctuations, with its value dancing around the $26 resistance level according to the analysis shared by Davidoncrypto. Some market observers have noted that Solana’s weekly closure fell below this resistance point. дальше »
2023-7-26 15:51 | |
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Algorand’s Top DeFi Protocol Algofi Announces Closure of Platform
Algorand-based DeFi protocol, AlgoFi, is shutting down and entering withdrawal-only mode due to inability to maintain high standards of support for the protocol. The post Algorand’s Top DeFi Protocol Algofi Announces Closure of Platform appeared first on BeInCrypto. дальше »
2023-7-11 19:15 | |
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Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns
Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »
2023-6-10 22:00 | |
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American investment bank TD Cowen closes crypto unit
TD Cowen to shut down its crypto unit a year after launching. The closure of Cowen Digital marks the second institutional crypto client unit to shut down within a week. American investment bThe post American investment bank TD Cowen closes crypto unit appeared first on AMBCrypto. дальше »
2023-6-1 13:30 | |
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Investors looking for reliable assets like Ripple or Avorak AI amid Hotbit closure
The Hotbit shutdown has left many investors in a state of uncertainty and are searching for safe havens for their investments after the troubled exchange urged investors to withdraw. Among the crypto assets investors turn to are Ripple (XRP) and Avorak AI (AVRK), which have proven to be steady performers in the recent market turbulence. […] дальше »
2023-6-1 18:00 | |
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Weekend crypto trading volumes drop by 10% following SEN closure
The average trading weekend volumes in the crypto market have dropped by 10%, while the weekday volumes have risen by 16%, according to Kaiko. The decline in weekend trading volumes was attributed to the closure of Silvergate Exchange Network (SEN),… дальше »
2023-5-4 10:40 | |
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Bitcoin has had four months of growth despite banking crisis
Bitcoin has had another positive month, making April the fourth consecutive month of gains, according to data from Coinglass. Bitcoin’s performance for the four months comes amidst a banking crisis and reveals that the closure of Silvergate and Silicon Valley… дальше »
2023-5-1 12:56 | |
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Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives. дальше »
2023-4-18 16:01 | |
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Bitcoin Faces Low Risk of 'Liquidations-Induced' Price Volatility After 70% Surge
Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets and often exacerbate price moves. дальше »
2023-4-10 11:16 | |
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Signature Bank closure was not about crypto, NYDFS reaffirms
A top New York regulator has stated that Signature Bank’s closure was unrelated to cryptocurrency, according to a report from The Wall Street Journal on April 5. Adrienne A. Harris, Superintendent for the New York Department of Financial Services (NYDFS), instead attributed the bank’s closure to a “new-fashioned bank run. дальше »
2023-4-6 00:16 | |
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NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.” дальше »
2023-4-5 18:14 | |
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Crypto Industry Struggles To Access Banking Services In The US, Report Shows
Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly Silvergate Capital Corp. дальше »
2023-3-31 01:21 | |
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Crypto Payment Platform Shuts Down Due to Issues In Banking System
The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks; Silvergate, Silicon Valley, and Signature. дальше »
2023-3-22 23:00 | |
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More Problems for Solana as Formfunction Announces Closure
Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes. The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure was not disclosed. дальше »
2023-3-17 01:00 | |
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How The USDC Depeg Will Impact DeFi, Expert Explains
Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U. S. -based company behind the coin, Circle, revealed that $3. дальше »
2023-3-16 02:00 | |
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Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure. дальше »
2023-3-16 23:30 | |
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Signature bank was under criminal investigation ahead of closure
The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire… дальше »
2023-3-15 14:18 | |
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Signature Bank Gets Shuttered By Regulators After SVB Collapse – A Major Blow To Crypto?
In an effort to avoid the spread of the banking meltdown, authorities have announced the closure of another crypto-friendly bank – New York-based Signature Bank – dealing a severe blow to the crypto industry. дальше »
2023-3-13 12:00 | |
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SVB closure spurs a crypto crisis: Coinbase and Binance suspend USDC conversions
Just a day after covering Silicon Valley Bank’s (NASDAQ: SIVB) stock price dip following reports it was raising funds through selling assets and stock, the SVB has finally closed sending shockwaves through the crypto market. дальше »
2023-3-11 13:14 | |
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Crypto industry braces for impact with Silvergate exit
Silvergate’s closure may increase risks related to banking concentration and introduce new challenges for venture capital firms, sources claim. дальше »
2023-3-10 00:30 | |
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Morgan Stanley Sees More Regulatory Scrutiny of Crypto On-Ramps as Silvergate Falters
Following the closure of crypto-friendly bank Silvergate, the focus will be on actions by Signature Bank and crypto exchange Binance, the report said. дальше »
2023-3-10 14:11 | |
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21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure
Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macro economic factors, including inflation and East Asian traffic. дальше »
2023-3-7 21:00 | |
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Community Cries Fraud Following Closure of WazirX NFT Marketplace
The community lashed out at the WazirX NFT Marketplace after it announced the closure, days after the website stopped operating. The post Community Cries Fraud Following Closure of WazirX NFT Marketplace appeared first on BeInCrypto. дальше »
2023-2-26 20:59 | |
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Stable Tech N.V. celebrates first milestone as 100 affiliate deals closed
CoinSlotty. com has announced that the team has broken the first milestone in their 2023 roadmap – the closure of 100 affiliate deals. To celebrate the occasion, their marketing team decided to showeThe post Stable Tech N. дальше »
2023-2-10 11:45 | |
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Bitcoin exchange LocalBitcoins set to shut down this month
Bitcoin (BTC/USD) peer-to-peer (P2P) exchange LocalBitcoins has today issued a service closure statement stating that it is set to shut down this month due to the “ongoing very cold crypto winter. дальше »
2023-2-10 17:07 | |
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CryptoSlate Wrapped Daily: Kraken closes Abu Dhabi office; Bithumb owner arrested
The biggest news in the cryptoverse for February 2 saw Kraken announce the closure of its Abu Dhabi office. The post CryptoSlate Wrapped Daily: Kraken closes Abu Dhabi office; Bithumb owner arrested appeared first on CryptoSlate. дальше »
2023-2-3 02:15 | |
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Solana-based crypto lender Everlend Finance shuts down app
Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the shutdown. Everlend Finance a DeFi lending protocol built on Solana (SOL/USD) has announced the closure of its lending platform citing a liquidity crunch. дальше »
2023-2-2 16:43 | |
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DeFi Yields Platform Midas Investments Becomes Latest Casualty of FTX Turmoil
Midas Investments announced its imminent closure on Tuesday, December 27. The team will now focus on a new on-chain CeDeFi project. The post DeFi Yields Platform Midas Investments Becomes Latest Casualty of FTX Turmoil appeared first on BeInCrypto. дальше »
2022-12-29 23:50 | |
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Ripple, SEC sought to seal ‘these documents’ as XRP opts for bravery
Both Ripple and the SEC filed new motions asking for the documents' closure. XRP preferred to follow an uptick in the last 24 hours despite risks of decline. The jury involved in the RiThe post Ripple, SEC sought to seal ‘these documents’ as XRP opts for bravery appeared first on AMBCrypto. дальше »
2022-12-23 11:00 | |
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US-based crypto exchange BITFRONT announces closure
BITFRONT, the crypto exchange based out of Palo Alto, California, has announced that it will cease all operations towards the end of the year. The exchange was initially launched as BITBOX in SingapoThe post US-based crypto exchange BITFRONT announces closure appeared first on AMBCrypto. дальше »
2022-11-29 20:00 | |
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LINE-founded cryptocurrency exchange BITFRONT announces closure
BITFRONT, the cryptocurrency exchange founded by LINE — one of the largest social media in Asia — announced its closure. The post LINE-founded cryptocurrency exchange BITFRONT announces closure appeared first on CryptoSlate. дальше »
2022-11-28 14:45 | |
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