Month: May 2023

BlockFi used customer money to buy $30M insurance, creditors claim

BlockFi used customer money to buy $30M insurance, creditors claim

BlockFi used customer money to buy $30M insurance, creditors claim

Cointelegraph May 16, 2023

BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.

EU finance ministers approve MiCA crypto regulation

EU finance ministers approve MiCA crypto regulation

EU finance ministers approve MiCA crypto regulation

Cointelegraph May 16, 2023

European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets...

Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research

Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research

Cointelegraph May 16, 2023

Research suggests the lack of insurance for depositors on crypto platforms induced fear...

Bitcoin Cash enables CashTokens upgrade on its network

Bitcoin Cash enables CashTokens upgrade on its network

Bitcoin Cash enables CashTokens upgrade on its network

Cointelegraph May 16, 2023

Bitcoin Cash developer Jason Dreyzehner states that the latest upgrade incorporates support for...

Signature Bank failed to understand risks associated with crypto: FDIC chair

Signature Bank failed to understand risks associated with crypto: FDIC chair

Signature Bank failed to understand risks associated with crypto: FDIC chair

Cointelegraph May 16, 2023

A related report penned down by FDIC Chief Risk Officer cited poor management...

Optimism’s major ‘Bedrock’ upgrade set for June 6

Optimism’s major ‘Bedrock’ upgrade set for June 6

Optimism’s major ‘Bedrock’ upgrade set for June 6

Cointelegraph May 16, 2023

The much-needed upgrade will provide a number of improvements across the network, and...

Apple’s new headset could put a rocket under metaverse tokens

Apple’s new headset could put a rocket under metaverse tokens

Apple’s new headset could put a rocket under metaverse tokens

Cointelegraph May 16, 2023

Metaverse tokens surged earlier this year amid rumors about Apple's new virtual reality...

SEC seeks denial of Coinbase petition for imminent crypto rules

SEC seeks denial of Coinbase petition for imminent crypto rules

SEC seeks denial of Coinbase petition for imminent crypto rules

Cointelegraph May 15, 2023

Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response,...

SEC chair Gensler claps back at Coinbase, says crypto rules already exist

SEC Chair Gensler claps back at Coinbase, says crypto rules already exist

SEC chair Gensler claps back at Coinbase, says crypto rules already exist

Cointelegraph May 15, 2023

Speaking at the Financial Markets Conference, the SEC chair asserted that the rules...

US Secret Service holds crypto, praises blockchain tech in Reddit AMA

US Secret Service holds crypto, praises blockchain tech in Reddit AMA

Cointelegraph May 15, 2023

In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret...