FDIC pins Signature Bank’s failure on poor governance and illiquidity
The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management and inadequate risk management practices...
FDIC alleges Cross River engaged in ‘unsafe’ lending practices
The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa and Coinbase...
Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the...
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of Financial...
Venmo to introduce cryto transfers for customers from May
Venmo will roll out a new crypto transfer feature in May, allowing customers to send crypto to other Venmo accounts. Customers will also be able...
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the entities will provide...
Crypto price prediction: A look at MVRV for OMG, SRM, INJ
Market intelligence platform Santiment says wide price performance ranges have left crypto assets split between extremely overbought and underbought categories. The price outlook for OMG...
Tax law researchers propose IRS framework for deducting crypto losses
Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in the United States....
Mastercard partners Polygon, Solana and Aptos Labs
Mastercard is looking to help bring defined standards to the blockchain and Web3 ecosystems. The company is partnering blockchain platforms Polygon, Solana, Aptos Labs, and...
Robinhood introduces new crypto on-ramp for dApps and wallets
Robinhood has announced Robinhood Connect, a new feature that offers seamless crypto integration for dApps and wallets. Self-custody wallet Giddy is among the first mobile...