Tuesday, November 19, 2024
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Here are the crypto firms denying exposure to troubled US banks

Amid the ongoing United States banking crisis, several major cryptocurrency firms have denied exposure to dissolved U.S. banks like Silicon Valley Bank (SVB).As potential implications of the SVB crisis for the crypto market continue to unfold, Cointelegraph highlighted several major crypto firms that have declared to be unaffected by the

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Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report

Judge Lewis Kaplan reportedly targeted Sam Bankman-Fried’s internet usage in a hearing aimed at reviewing the former FTX chief executive officer use of a virtual private network, or VPN.According to a Feb. 16 tweet from NPR correspondent David Gura, Judge Kaplan may have suggested that Bankman-Fried be denied access to

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DeFi faces criticism for denying user access based on wallet content

While decentralized finance (DeFi) is expected to be an upgrade to traditional finance mechanisms, some believe that denying users access to decentralized exchanges based on their wallets is a backward move. In a tweet, entrepreneur Brad Mills criticized DeFi for denying users access to decentralized exchanges (DEXs) due to various factors

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Bitcoin dips below $67K as Tesla stock slump combines with Apple CEO denying crypto plans

Bitcoin (BTC) fell $1,400 in half an hour during Nov. 9 after a snap sell-off hit Tesla (TSLA) stock.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTesla falls 12%, Bitcoin 2%Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fall in line with TSLA shortly after the Wall St. open.The pair hit $66,650

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Many Blast SEC for Denying Bitcoin ETF Proposal: Here’s Why

For years, crypto financial services firms across the U.S. have been trying their hand at launching publicly-traded Bitcoin funds (ETFs). Unfortunately for these hopefuls, the U.S. Securities and Exchange Commission (SEC) has long not agreed with these firms’ assertions that the cryptocurrency market is ready for its own regulated, tradable fund. This

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