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16 May 23

FDIC chair takes responsibility for Signature Bank’s collapse, also cites crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report from the FDIC has revealed that poor management was the primary cause of Signature Bank’s failure, uncovering the key factor responsible for the bank’s downfall. In response, the chair has assumed responsibility for the identified shortcomings, acknowledging accountability for […]

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26 Apr 23

Coinbase takes legal action against SEC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase has filed a petition against the U.S. Securities and Exchange Commission (SEC) in a federal court to compel the agency to provide more regulatory clarity and guidance for the crypto industry. Coinbase takes a proactive approach Coinbase, the largest bitcoin […]

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27 Mar 23

US CFTC takes legal action against Binance, crypto markets fall

The commodity futures trading commission (CFTC) has initiated legal action against leading cryptocurrency exchange Binance for allegedly violating the Commodity Exchange Act by operating without proper registration and compliance measures. The commodity futures trading commission (CFTC) has recently initiated legal proceedings against Binance, one of the world’s largest cryptocurrency exchanges, over alleged violations of the […]

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23 Jan 23

Justin Sun takes loss and sells Curve DYDX and GAL

Tron (TRX) founder Justin Sun sold a significant number of Curve (CRV) DyDx (DYDX) and Galxe (GAL) tokens, after holding them for more than half of a year. Data gathered from the on-chain analytics platform Arkham Intelligence show that on Jan. 23, Sun moved to exchanges and sold a considerable amount of tokens. Those transactions […]

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