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Nalezeno "Concerns": 885

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

24.3.2023
ALSO: CoinDesk's market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers

US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB

22.3.2023
Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well

IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners

22.3.2023
NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets. The central proposal is to treat NFTs in the same way as collectibles such as fine wine, art, or stamps according to the document published by the US Internal...

US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse

17.3.2023
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into...

NatWest Bank Imposes Monthly Crypto Exchange Payment Limit of $6K, Citing Fraud Concerns – Here's the Latest

15.3.2023
Consumer-focused UK bank NatWest is putting a limit on the amount of money customers can transfer to cryptocurrency exchanges in a move that shows deteriorating relationships between digital asset firms and financial institutions. Users of the bank will be limited to payments of 1,000 British...

Metamask addresses privacy concerns with new features for enhanced control

14.3.2023
The new features allow a user to manage which servers are able to receive their IP address

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

14.3.2023
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion...

Binance BUSD Stablecoin Trading Suspended by Coinbase Over Liquidity Concerns – What's Going On?

14.3.2023
Coinbase has proceeded with the planned suspension of Binance USD (BUSD) trading, disabling trading for the stablecoin starting Monday. "We have disabled trading for Binance USD (BUSD)," the United States-based cryptocurrency exchange said in a March 13 tweet, adding that users will continue...

Another Bank Down: Crypto-Friendly Signature Bank Closed Over Systemic Risk Concerns – What Does This Mean for Crypto?

13.3.2023
Yet another crypto-friendly bank has gone down with the collapse of New York-based Signature Bank. But according to the industry, crypto now cannot be stopped.... Read More: Another Bank Down: Crypto-Friendly Signature Bank Closed Over Systemic Risk Concerns – What Does This Mean for Crypto?

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

11.3.2023
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture...

US Fed to create new crypto team amid concerns about unregulated stablecoins

10.3.2023
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system

First Mover Asia: Bitcoin Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns

9.3.2023
ALSO: Shaurya Malwa writes about Conic Finance, whose new tool for capturing high yields from stablecoin swapping service Curve has attracted over $60 million from depositors since its unveiling March 1. But at least one analyst questions whether it can deliver on its promise; bitcoin tumbles...

Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

7.3.2023
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable

Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount

7.3.2023
BTC has traded in a narrow range since it dropped sharply last Thursday as Silvergate’s woes grew increasingly apparent

Investor concerns persist as crypto investment products see 4th week of outflows

6.3.2023
According to CoinShares, outflows from crypto investment funds amounted to $17 million last week, marking the fourth consecutive week of outflows

Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens

6.3.2023
Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that...