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CryptoMode USDC Stablecoin Circle

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...
CryptoMode Kraken ACH Plaid

Kraken Cans Plaid Withdrawals and Deposits

Kraken, one of the leading cryptocurrency exchanges, has announced that it will temporarily suspend ACH withdrawals and deposits via Silvergate, its partner bank. This...
CryptoMode Crypto Trading Independent Reserve

Hong Kong’s Crypto-Friendly Licensing Regime Draws Interest from Independent Reserve

Independent Reserve, an Australian cryptocurrency exchange, is exploring establishing a presence in Hong Kong. The city's efforts to become a leading cryptocurrency hub in...
CryptoMode Playboy NFT Failure

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...
CryptoMode Ethereum Ether on Exchanges ENS ERC-777

Ethereum Becomes Less OFAC-Compliant And That’s A Good Thing

The Ethereum blockchain has undergone a significant shift in its approach to censorship over the past six months.  Previously, the U.S. government's sanctions on Tornado...