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The crypto-friendly bank has been reducing its involvement in digital asset markets in recent weeks, part of the ongoing fallout from recent crypto industry debacles. Signature Bank will not handle transactions of less than $100,000 for crypto exchange customers, according to a statement from exchange giant Binance. Binance said in the statement emailed to CoinDesk that Signature had told the...
There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes. Bitcoin is in for a new âbig rallyâ as market strength copies conditions from after the 2018 bear market. According to the latest analysis, BTC/USD will continue to head higher âafter some consolidationâ thanks to key signals from its relative strength index...
The WEF's annual meeting closed with a fiery panel on the role of regulators in crypto, and more from Davos. The World Economic Forum's annual conference wrapped up Thursday in Davos, Switzerland. (Nikhilesh De/CoinDesk) DAVOS, Switzerland â The crypto worldâs efforts to showcase a stable industry in front of the worldâs elite wrapped up Thursday outside the World Economic Forumâs...
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday. DCG CEO Barry Silbert (DCG) Cryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice. "In response to the current market environment, DCG...
The professor said a âProgramming Bitcoinâ course will follow the first Bitcoin course, where students will learn how to âbuild a Bitcoin library from scratch.â Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp. According to an email sent to users and seen by Cointelegraph, the Foundation...
Gemini and Genesis have been engaged in a public spat after Genesis suspended withdrawals last year. Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia) The U.S. Securities and Exchange Commission (SEC) alleged crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in alawsuit filed late Thursday. The investment regulator took aim at Gemini Earn, the...
The latest strategy paper from the Central Bank of Nigeria marked the necessity to create a legal framework for stablecoins. As one of the worldâs pioneers in adopting its own central bank digital currency (CBDC), Nigeria also declares its readiness to accept the existence of private stablecoins. The necessity to create a legal framework for stablecoins is noted in the...
FTX did not hold back on company expenses in the Bahamas, according to court documents. FTXâs Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights and food in the nine months before the exchangeâs collapse, court filings have revealed. According to bankruptcy court documents reviewed by Business Insider, FTX Digital Markets went through $40 million...
The job cuts come a day after the company said it would be âreducing costs and driving efficienciesâ amid a challenging environment for crypto companies. (Genesis Trading, Modified by CoinDesk) Genesis Global Trading laid off more employees on Thursday, a spokesperson for the crypto-trading firm confirmed in a statement to CoinDesk. A person familiar with the matter said Genesis eliminated...
The Tokyo-based video game giant is already developing multiple blockchain games, highlighting an area of growth amid a brutal crypto winter. FINAL FANTASY XIV: Endwalker Patch 6.3 Screenshots. (Square Enix) Blockchain-based gaming continues to garner interest among some of the largest global gaming companies, even in the face of an extended crypto winter that has chilled many sectors of the...