Cryptocurrency

March 08, 2023

Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.   Regulators are reportedly holding […]

Jack Dorsey’s Block asks for input on the proposed ‘mining development kit’

Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.   Payments company Block, […]

Debate over 2FA using SMS after SIM-swapping victim sues Coinbase

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA. […]
March 06, 2023

‘Scammers dream’ – Yuga’s auction model for Bitcoin NFTs sees criticism

Yuga Labs’ first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in how it conducts the auction.   […]

Pakistan banks agree on blockchain-based KYC system development

The blockchain-based national eKYC banking platform aims to strengthen Anti-Money Laundering capabilities while countering terror financing.   The Pakistan Banking Association (PBA) – an association of […]

Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.   Australia’s crypto […]
March 02, 2023

Silvergate stock plunges 31% after delayed filing raises doubts over future

Crypto-friendly bank Silvergate has delayed filing its 10-K, an annual report on the financial health of the company. The news has sent its stock price down […]

Decentralized finance to be examined at inaugural CFTC tech advisory meeting

A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”   It is expected that the US commodity regulator […]

Australian central bank to launch ‘live pilot’ of CBDC in coming months

The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.   […]

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