Blockchain
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
In the wake of a turbulent period for US banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank The Federal
Blockchain
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27 Despite this dip, the Crypto Fear and Greed Index remains
Blockchain
Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its
Blockchain
TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees
PRESS RELEASE Dubai, UAE — April 27, 2024 — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19,
Blockchain
The Eroding State of Privacy in the Crypto World
The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of
Blockchain
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to
Blockchain
A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market
Blockchain
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and
Blockchain
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK Under this law, police can seize crypto from suspects without needing to
Blockchain
Stablecoins Gain Ground as Global Financial Asset
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them
Blockchain
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves He stated that no decision has been made yet to invest
Blockchain
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain