White House cryptocurrency ‘roadmap’ recommends against pension funds
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with...
US prosecutors seek to ban SBF from Signal after alleged witness contact
Federal prosecutors have requested that former FTX CEO Sam Bankman-Fried's (SBF) bail conditions are modified to prevent further alleged attempts at influencing witnesses’ testimonies. Court documents...
Is Silvergate stock a buy after it suspended preferred stock dividend
Silvergate Capital Corp suspends dividend on its preferred stock. Wedbush Securities analyst reiterates his neutral rating on “SI”. Silvergate stock is currently down over 85% since...
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create...
New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for...
Fed denies Custodia Bank application to join the Federal Reserve System
The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed...
Silvergate suspends payment of dividend on preferred stock
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the...
FTX lawyers to reap millions from the bankruptcy case: Report
According to a new report, the controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the FTX...
What is the Bitcoin hash rate? And why is at all-time highs?
Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes...
Several upgrades coming to Fantom: FTM price up 52% in 7 days
The price of the Fantom token, FTM, has risen by 5.9% today. Its price has risen by more than 52% in the last week. The...