Signature Bank Collapse: Coinbase, Paxos Disclose Massive Exposure
<p>Signature Bank became the third US bank institution to collapse in the span of four days. Similar to the now-collapsed Silvergate Bank, it also had...
Crypto Spooked and Suspicious after Silicon Valley Bank’s Collapse
<p>By now, everyone is aware of the collapse of Silicon Valley Bank, the panic that ensued as a result, and, going into a new week,...
SVB Crisis: Impact on Singaporean Startups Limited, Says Central Bank
<p>The Monetary Authority of Singapore (MAS) has said that the collapse of Silicon Valley Bank (SVB) and other two US-based banks has limited impact on...
Crypto Exchange Bitget Inks Sponsorship Deal with Juventus Women’s Team
<p>Bitget, the <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” class=”terms__main-term” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa” target=”_blank”>cryptocurrency exchange</a> endorsed by Lionel Messi, has expanded its <a href=”https://www.financemagnates.com/cryptocurrency/news/juventus-inks-deal-with-bitget-as-its-first-ever-sleeve-sponsor/” target=”_blank” rel=”follow”>partnership with the Italian football club Juventus</a>...
FCA Cracks Down on Unregulated Cryptocurrency ATM Providers in London
<p>The Financial Conduct Authority (<a href=”https://www.financemagnates.com/tag/fca/” target=”_blank” rel=”follow”>FCA</a>) has recently taken action against unregistered cryptocurrency automated teller machines (ATMs) operating in East London. The FCA...
Cutting the Costs of Remittances: Can the Blockchain Help?
<p>Sending money across borders has long been an expensive and time-consuming process, with traditional methods, such as wire transfers and money orders, frequently taking days...
Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations
<p>Hut 8 Mining, one of North America’s largest digital asset miners, released its February production figures on Tuesday, reporting an 8% decline in BTC production....
BTC Miner Hut 8 Doubles 2022 Net Loss to $176 Million
<p>Hut 8 Mining Corp., one of North America’s largest publicly-listed mining companies, recently announced its financial results for the year and quarter that ended 31...
The Regulatory Landscape of Crypto: Global Developments and Implications
<p>The rise of cryptocurrencies has heightened regulatory scrutiny around the world. The regulatory landscape of cryptocurrency is constantly changing, and it is critical for investors,...
Hong Kong’s New Crypto Licensing Regime: A Boon or Bane for Investors?
<p>The new crypto <a href=”https://www.financemagnates.com/terms/r/regulation/” class=”terms__main-term” id=”341d154e-1396-4d12-a357-4837e79c4146″ target=”_blank”>regulations</a> in Hong Kong have been a topic of discussion among investors and industry players alike. The announcement...