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FDIC Requires Buyers of Failed Banks to Give Up Crypto Services
The Federal Deposit Insurance Corporation (FDIC), a United States government agency responsible for protecting bank depositors, has requested that any potential buyers of failed...
Crypto.com Customer Accused of $7M Spending Spree Granted Bail Despite Missing Millions
A Melbourne man accused of going on a $7 million spending spree after accidentally receiving the sum from Crypto.com has been granted bail in...
Russian Brokers Offer Cash-for-Stablecoin Transactions Via USDT Despite SWIFT Sanctions
Despite international sanctions against Russia and the country's potential cut-off from the SWIFT international payments network, money continues to flow between Russia and the...
Circle Reports Clearing USDC Backlog After Exposure to Defunct Bank
Circle, the issuer of the USDC stablecoin, recently reported on its exposure to Silicon Valley Bank (SVB) and its progress in clearing its backlog...
Even Playboy Couldn’t Make Its NFT Project Long-term Profitable
The news of Playboy's staggering $5 million impairment loss on its Ethereum holdings from last year is no surprise to those following the volatile...