Tag: USA

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Crypto Firm Anchorage Digital to Lay Off 20% of Staff Citing US Regulatory Uncertainty – Here’s What You Need to Know

Anchorage Digital, a crypto bank based in San Francisco, is making substantial staff cuts in response to the current downturn in the crypto market and regulatory uncertainty in the United States.  According to Bloomberg, the company is laying off 75 employees, or roughly 20% of its workforce. … Read More: Crypto Firm Anchorage Digital to Lay…
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Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, ‘Surge in Cold Storage & ETH Layer 2 Usage’ Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in ‘One Action’

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Europol Closes ChipMixer & Seizes BTC 1909, ‘Surge in Cold Storage & ETH Layer 2 Usage’ Post-FTX, Synalcom & Qori Enable Crypto Transactions for 20K Businesses in ‘One…
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Today in Crypto: Wirex & Novatti to Issue Cards to Australians, 280 Networks & $25BN at Risk Due to a Vulnerability, China’s ‘Surveillance Coins’ vs US ‘Freedom Coins’

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Wirex & Novatti to Issue Cards to Australians, 280 Networks & $25BN at Risk Due to a Vulnerability, China’s ‘Surveillance Coins’ vs US ‘Freedom Coins’  Read more »Sign…
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Coinbase Confirms $240 Million Corporate Cash Balance with Signature Bank Amid Lender Closure

Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it has millions of dollars in corporate cash balance with Signature Bank, which was recently shut down.  The news came via a Twitter thread on March 13, revealing that Coinbase had around $240 million with the bank as of the close of…
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Today in Crypto: Cryptocurrency is ‘Inevitable’, Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot’s Music Platform, Alchemy Notify’s Custom Webhooks

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Cryptocurrency is ‘Inevitable’, Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot’s Music Platform, Alchemy Notify’s Custom Webhooks  Read more »Sign up for e-EUR – the progressive stablecoin

Biden Administration Proposes Major Changes to Crypto Taxation – Here’s What You Need to Know

US President Joe Biden has proposed major changes to the tax rules surrounding crypto, but the plan first has to be negotiated and approved by Republican-controlled Congress. Biden’s proposal on crypto taxes is part of his budget plan for the 2024 fiscal year, which is expected to be unveiled on Thursday this week, the Wall…
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Today in Crypto: Nansen Launches Query on Google Cloud, Coinme Adds 22,000 ATMs to Cash Network, Mysten Labs Signs MOU with Alibaba Cloud, NFTs Not (Yet) Securities in Germany

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Nansen Launches Query on Google Cloud, Coinme Adds 22,000 ATMs to Cash Network, Mysten Labs Signs MOU with Alibaba Cloud, NFTs Not (Yet) Securities in Germany  Read more…
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US Bankruptcy Judge Approves Binance.US $1.3B Deal for Voyager Digital, but Hurdles Remain – Here’s the Latest

Voyager Digital, the bankrupt crypto lender, has been given the green light to sell its assets to Binance.US and transfer its customers to the exchange. At a hearing in New York, US Bankruptcy Judge Michael Wiles approved Voyager’s restructuring plan, thus allowing it to sell its assets to Binance.US in a deal valued at $1.3…
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Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________        … Read More: Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks…
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Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here’s What You Need to Know

The prominent cryptocurrency exchange Kraken is making its foray into the banking industry with the establishment of Kraken Bank. “We’re building a better kind of crypto & Bitcoin bank for our clients,” said the exchange on its website. The Wyoming, USA-based bank is called Kraken Financial, but “due to overwhelming demand, it will be known…
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