Search
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
21.3.2023
Outflows from investment funds backed by bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when...
Why is Bitcoin rising amid collapsing banks? Watch The Market Report
21.3.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing
DeFi insurance payouts amounted to $34.4M in 2022: Report
21.3.2023
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover
Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry
21.3.2023
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset industry. According to a report, the collapse of crypto exchanges like FTX prompted Taiwanese officials to seek ways of protecting users against similar events should...
SVB contagion: Australia reportedly asks banks to report on crypto
21.3.2023
Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates
US exploring ways to guarantee the country's 18T of bank deposits: Report
21.3.2023
The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount
Coinbase pauses support for Signature Bank's Signet: Report
20.3.2023
The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature
Blockchain gaining adoption in more than just DeFi: Report
20.3.2023
Blockchain and other distributed ledger technologies are being adopted in many areas beyond DeFi and the metaverse
Report: China Will Become a Metaverse Tech Leader During 2023
20.3.2023
A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR), augmented reality...
SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report
19.3.2023
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following SVB UK’s "near-collapse.”
Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report
19.3.2023
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation
US midsize banks seek FDIC Insurance on all deposits for 2 years: Report
19.3.2023
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more banking failures," in a letter to federal regulators
Binance's response to U.S. Senators lacks financial information: Report
18.3.2023
Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its relationship with Binance.US
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
18.3.2023
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital...
Protego’s conditional national bank status expired without approval: Report
17.3.2023
In a week when the crypto industry – and the rest of the world – was beset by bad news about banking, one more banking setback has come to light
FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings 'undetermined'
17.3.2023
The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations
Coinbase is planning to set up crypto trading platform outside US: Report
17.3.2023
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks
Moscow City Crypto Exchanges Ready to Send Cash to London, Report
17.3.2023
An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in...
FDIC Denies Report Signature Bank Purchaser Must Divest Crypto
17.3.2023
The Federal Deposit Insurance Corporation denied it would require any purchaser of Signature Bank to divest its crypto activities
SVB Collapse Tanked NFT Trading Volumes, DappRadar Report Suggests
16.3.2023
The day after Silicon Valley Bank collapsed, the number of active NFT traders dropped to its lowest point since November 2021