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27 May 23

Dubai deepens crypto ties with proposed Bitcoin Tower Hotel

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Italian developer, Salvatore Leggiero, unveils plans for the Bitcoin Tower, an hotel chain in Dubai that combines blockchain technology, artificial intelligence, and material sustainability. It will offer guests the opportunity to earn interest on their suite rentals. Leggiero envisions a hotel […]

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15 May 23

Binance’s CZ severs Twitter ties with Elon Musk

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a surprising move, Binance CEO Changpeng Zhao (CZ) decided to unfollow Elon Musk on Twitter. However, despite this decision, Binance’s spokesperson confirmed that the cryptocurrency exchange’s substantial $500 million investment in Twitter, made last year, remains unaffected. Strange move by […]

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20 Apr 23

Judge combines Silvergate and FTX lawsuits over alleged ties

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A court in California has consolidated three investor claims against the collapsed cryptocurrency bank Silvergate Bank, including the failed cryptocurrency exchange FTX. The plaintiffs in the several cases seeking compensation for losses caused by the collapse of Silvergate have joined forces. US district […]

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24 Mar 23

Kraken joins list of crypto firms cutting ties with troubled banks

Kraken crypto exchange has reportedly informed its customers that as of March 27, deposits and withdrawals via ACH Silvergate and Plaid will no longer be available. Kraken cuts ties with Silvergate Jesse Powell’s Kraken crypto exchange has reportedly informed its users that as of March 27, automated clearing house (ACH) deposits and withdrawals through its […]

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16 Feb 23

Banks cut crypto ties amid regulatory scrutiny

U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. These measures could force more crypto businesses to move offshore to jurisdictions with friendlier cryptocurrency regulations. Unbanking crypto Crypto firms in the U.S. are in danger of becoming largely unbanked. This is […]

Nexo Launches Free and Instant Off Chain Transfers for All Cryptos

13 Jan 23

Nexo probe uncovers possible ties to organized crime

Crypto lender Nexo has been targeted in an investigation into alleged illegal activities, with four Bulgarians charged with money laundering and fraud. Four Bulgarians charged as Nexo is investigated Prosecutors began investigating Nexo this week, conducting searches in the company’s headquarters and several other related locations in Sofia, Bulgaria. Officials say that the four charged […]

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