[ad_1] Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits connected to Signature Bank’s digital asset banking business by early April.In a March 29 hearing of the U.S. House Financial Services Committee exploring federal regulators' responses to recent bank failures, Gruenberg said the deposits that were not included in the bid from a New York Community
[ad_1] The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog. The bill, formally known as the ‘‘Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act,’’ and informally as the TikTok ban, has been introduced amid suspicions that
[ad_1] Expectations for Paris Blockchain Week were relatively low considering the downbeat market conditions. However, Paris can always surprise you. Indeed, conference halls at the event were not nearly as empty or depressing as Consensus after the big crypto meltdown of 2018. People were present, and conversations were fruitful. (And yes, the croissants were, as always, delicious.)In 2022, the conference was held symbolically in Palais Brongniart, a building known for
[ad_1] The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth.Arbitrum ecosystem tokens sees sell-the-news type eventThe Arbitrum (ARB) airdrop was announced on March 16, which caused a significant uptrend in native
[ad_1] An unknown person or group may be collecting the IP addresses of Bitcoin (BTC) users and linking them to their BTC addresses, violating the privacy of these users, according to a blog post from pseudonymous Bitcoin app developer 0xB10C. The entity has been active since March 2018, and its IP addresses have shown up on several public posts from Bitcoin node operators over the past several years.0xB10C is the
[ad_1] Crypto marketplace Paxful will refund its Earn program users affected by the Celsius Network collapse in 2022, according to a Twitter thread posted on March 29 by company CEO Ray Youssef."I’ve personally taken action and will be refunding all affected Paxful users," noted Youssef, explaining that funds will be available for affected users in the platform's wallet in the coming days.Celsius filed for Chapter 11 bankruptcy in the United States
[ad_1] For the past twelve days, the price of Ether (ETH) has been trading in a narrow descending range. Surprisingly, not even the news of Binance and Changpeng "CZ" Zhao being sued by the Commodity Futures Trading Commission (CFTC) was enough to break the support level. Ether (ETH) price index in USD, 12-hour. Source: TradingViewThe lawsuit, filed on March 27, claimed that Binance provided derivatives trading services to U.S.-based customers without
[ad_1] In this week’s newsletter, read about Sony filing a patent for a nonfungible token (NFT) framework for games, and how executives believe that Grand Theft Auto (GTA) and Minecraft developers may change their minds on blockchain technology. Learn how an NFT collector accidentally burned a CryptoPunk worth $135,000 while trying to borrow funds, and find out about Disney reportedly sacking its metaverse division. In other news, His Majesty’s Treasury
[ad_1] Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges with millions of dollars he gifted his father from Alameda Research.According to a March 29 Forbes report citing sources with “operational knowledge” of FTX and Alameda, in 2021 Bankman-Fried gave his father at least $10 million that was funded by a loan from Alameda. The former FTX
[ad_1] Beaxy suspended operations on March 28 “due to the uncertain regulatory environment surrounding our business,” according to the cryptocurrency exchange’s blog. The suspension came a day before the United States Securities and Exchange Commission (SEC) announced it was charging Beaxy and its executives with failing to register as a national securities exchange, broker and clearing agency. The SEC also said it was charging Beaxy founder Artak Hamazaspyan and Beaxy Digital,
