Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Report: Binance Concealed Deep Ties to China
Report: Binance Concealed Deep Ties to China
March 29, 2023  |  Cryptocurrency

Cryptocurrency giant Binance has reportedly spent years hiding its connections to China. An investigation by the Financial Times published Wednesday (March 29) said this move...

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Bankman-Fried Charged in Alleged $40 Million Bribe of Chinese Officials
Bankman-Fried Charged in Alleged $40 Million Bribe of Chinese Officials
March 28, 2023  |  Legal

Sam Bankman-Fried’s legal troubles have deepened yet again with allegations of a Chinese bribery scheme. An indictment unsealed by federal prosecutors Tuesday (March 28) accuses...

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Crypto Investors’ Confidence Slips as Regulators Challenge Industry
Crypto Investors’ Confidence Slips as Regulators Challenge Industry
March 27, 2023  |  Cryptocurrency

A regulator’s charges against Binance have delivered another blow against confidence in the cryptocurrency world. On the day the charges were announced by the Commodity...

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Banking Crisis Contagion Spreads to Crypto
Banking Crisis Contagion Spreads to Crypto
March 16, 2023  |  Cryptocurrency

Crypto has gone off the rails – quite literally.  Just not in the way industry observers and critics may have first thought or expected. Rather,...

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Spring Cleaning for Alternative Banks as Crypto-Friendly Signature Bank Closes 
Spring Cleaning for Alternative Banks as Crypto-Friendly Signature Bank Closes 
March 13, 2023  |  Digital-First Banking

Crypto’s founding premise was to de-bank the world and remove third-party risk. Now, the digital asset industry is finding itself the one unbanked, as financial...

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Things Are Getting Real, but Not Real Good, for Crypto
Things Are Getting Real, but Not Real Good, for Crypto
March 10, 2023  |  Cryptocurrency

Rather than enjoying a spring thaw, crypto’s 2022 winter is transitioning to an ice age. This, as New York Attorney General (NYAG) Letitia James on...

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Crypto Exchange Gemini Denies JPMorgan Chase Ended Banking Relationship
Crypto Exchange Gemini Denies JPMorgan Chase Ended Banking Relationship
March 08, 2023  |  Cryptocurrency

Cryptocurrency exchange Gemini has denied reports that J.P. Morgan Chase has ended their banking relationship. “Despite reporting to the contrary, Gemini’s banking relationship remains intact...

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Report: Silvergate Works With FDIC Help to Stay Afloat
Report: Silvergate Works With FDIC Help to Stay Afloat
March 08, 2023  |  Regulation

Struggling crypto-friendly bank Silvergate Capital is reportedly working with U.S. regulators to stay in business. Officials from the Federal Deposit Insurance Corporation (FDIC) have been...

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Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
March 08, 2023  |  Cryptocurrency

United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. This, as Federal Reserve Chairman Jerome Powell Tuesday (March 7)...

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