Search Results for “crypto businesses”

Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities

September 17, 2022 admin Regulation, thai, thai sec, thailand, thailand bans crypto lending, thailand bans crypto staking, thailand crypto lending, thailand crypto regulation, thailand crypto staking

The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

March 16, 2023 admin American Banks, anti-crypto, Auction, auctioning banks, bailout plan, bank failures, bank shutdowns, Banking Industry, Barney Frank, bidders, Bids, Chartered Bank, controversy, crypto businesses, Cryptocurrency, depositors, FDIC, Finance, Financial Institutions, Financial News, New York State Department of Financial Services, News, Piper Sandler Companies, potential buyers, private equity companies, Regulations, regulations vs innovation, restrictions, Reuters, Signature Bank, Silicon Valley Bank, sources, strict rules, traditional lenders, unidentified sources, US economy, US government

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley

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Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn

February 5, 2023 admin "PLGO All Hands", $136 million, $2.11 billion, $236 per coin, $FIL, 21, 89 roles, All time high, Bitcoin, Blockchain.com, Blog Post, business critical efforts, Candy Digital, CEO Juan Benet, crypto industry, crypto industry businesses, Crypto Winter, Ethereum, Filecoin, Gemini, Global Trade Volume, headcount, Huobi, increase, layoffs, Market Capitalization, Market Valuation, momentum, native cryptocurrency, Network Goods, News, Opensea, past 30 days, PL Corp, PL Member Services, PL Outercore, PL Starfleet, PLGO teams, Protocol Labs, U.S. dollar

Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be

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Report: South African Digital-Only Bank Launches Crypto Payments Gateway

December 6, 2022 admin Be Mobile Africa, Cédric Jeannot, crypto gateway, Cryptocurrency, digital bank, Digital Currency, fiat currency, Fintech, neo banks, payment gateway

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment

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Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

December 4, 2022 admin ASIC, ASICs, Bitcoin, Bitcoin mining, BTC, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, experts, market, Miners, Mining, Mining Devices, mining equipment, mining hardware, mining machines, opinions, Predictions, Prices, Russia, russian

Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers

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Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

December 1, 2022 admin Canada, Canadian, consumption, Crypto, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, Energy, grid, Hydroelectric, Manitoba, Measures, Miners, Mining, power, province, region, restrictions, suspension, usage

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province,

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SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years

November 30, 2022 admin crypto initiatives, Gary Gensler, Regulation, SEC, sec crypto, SEC crypto assets, SEC crypto initiatives, SEC crypto plans, SEC crypto priorities, SEC strategic plan, SEC strategic plan priorities

The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the

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‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

November 26, 2022 admin Benjamin Eseoghene, Blockchain, Central Bank of Nigeria (CBN), Digital Currency, e-naira, interview, P2P Crypto, Roqqu.com

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the

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Amazon Founder Jeff Bezos Advises What Consumers and Businesses Should Do as Recession Looms

November 21, 2022 admin Amazon, Amazon recession, Economics, jeff bezos, Jeff Bezos advice, Jeff Bezos Amazon, Jeff Bezos inflation, Jeff Bezos recession

Amazon founder and former chief executive Jeff Bezos has given some advice to consumers and small businesses about what they

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Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

November 13, 2022 admin cryptocurrency exchange Kraken, Featured, ftx, Jesse Powell, Kraken, Kraken CEO Jesse Powell, Sam Bankman-Fried

The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.