Due to reduced payment options, Binance loses its banking partner, as it has recently experienced a restriction on access to Australian dollar transfers through its PayID payment gateway due to reduced payment options by banks. As a...
US Senator Elizabeth Warren has criticized SVB and Signature executives for maintaining compensation. The top management of the banks made $60 million by ignoring the risks. Warren wants to restore stricter regulations for smaller banks.
In this post, we present, a brief review of what was the most noteworthy crypto news of the week.
Bittrex US Files for Bankruptcy
First, the exchange Bittrex has filed...
The decentralized nature and finite supply of Bitcoin can offer a financial haven during banking crises, protecting against inflation. Historical cases highlight Bitcoin's potential as an alternative financial system, despite its volatility and regulatory uncertainties.
JP Morgan CEO has argued that the Federal Reserve should be less concerned with adding new rules and more focused on fixing the underlying problems that led to the crisis in the first place.
The number of PEPE holders has increased considerably in recent days. Investors should be cautious as market indicators suggest a turnaround.
has once again sparked buzz in the market, especially in the...
Since Blur launched its NFT lending platform on May 1, Blend has caused an explosion in NFT lending. Users have already borrowed a staggering 51,656 ETH, equivalent to $95 million, against their assets.
According to the Wall Street Journal, the recent Silvergate and Signature Banks collapses had left Binance.US without banking services, relying on intermediary banks to store funds on its behalf.
In the case of Signature,...
The relationship between banks and crypto companies continues to unravel following key market events. Banks are now more cautious when incorporating cryptocurrency companies, amid an environment that generates little trust.
Banks and crypto...
Said rejection is due to concerns about money laundering and fraud. This has led some clients to seek alternative, more crypto-friendly banking solutions.
There are reports that UK banks, due to regulatory pressure,...
