Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector. A …

Only a month after halting U.S. dollar bank transfers, Binance is now being forced to cease processing British pound deposits and withdrawals as well. Only 1% of Users Impacted …

After breaking its peg over the weekend and trading as low as $0.87, Circles USDC stablecoin is now at $1 again. 1 USDC for $0.87 All eyes are on …

Silicon Valley Bank, the 18th largest bank in the U.S. by total assets, was closed down by regulators today after it suffered a bank run. Biggest Bank Failure Since …

Silvergate Bank is winding down operations, but it assured that all customer deposits would be fully repaid. Traditional Banking Risks Another pillar of the crypto industry has succumbed. Silvergate …

The DOJ may have sent some of the seized Silk Road funds to Coinbase, but that doesnt mean theyre about to liquidate. $1.08 Billion in BTC It appears that …

Persistent signs of inflation are forcing the Federal Reserve to contemplate more aggressive rate hikes. Higher and Faster The Fed may not have tamed inflation just yet. Federal Reserve …

The crypto industry may be suffering from a regulatory crackdown in the U.S., but thats not preventing Kraken from seeking to launch its own bank. Kraken Bank The current …

Silvergate Bank is still suffering from the aftermath of the FTX collapse; it admitted to the SEC yesterday that it was uncertain about its ability to continue operating. Silvergates …

FTXs chief engineer, Nishad Singh, was hit with lawsuits from both the SEC and the CFTC shortly after pleading guilty to six criminal charges yesterday. Aiding and Abetting Fraud …