Crypto Industry Faces Winter Storm as Silvergate Bank Shuts Down and Alameda Sues Grayscale

March 11, 2023

On March 10, 2023, the Aave decentralized autonomous organization (DAO) passed a proposal called "Rescue Mission Phase 1 Long Executor"...

South Dakota Governor Rejects Crypto Exclusion Bill, Citing Risk to Financial Freedom and Innovation

On March 9th, South Dakota Governor Kristi Noem vetoed House Bill 1193, which aimed to amend the state's Uniform Commercial...

Republican Senators Question Regulatory Discrimination Against Crypto Industry

Four Republican senators, including Bill Hagerty, have written to the heads of federal banking regulatory agencies expressing concerns about recent...

Cassava Network and UniPass Join Forces to Bring Web3 to Africa’s Crypto Scene

Cassava Network, a Web3 platform based in Africa that focuses on gaming, loyalty rewards, and non-fungible tokens (NFTs), has launched...

Bitcoin Price Alert: Traders Brace for a Bleak Outlook Below $21.6K

Bitcoin traders are becoming increasingly concerned about the possibility of a deeper price drop, with some warning that the $20,000...

Compass Mining Sounds the Alarm: Critical Issues with New Antminer S19 ASIC Design

Compass Mining, a Bitcoin mining company, has flagged potential issues with the latest Antminer S19 mining equipment produced by Bitmain....

Bitcoin’s Price Drops to Multi-Month Low Amidst Negative News, But Data Suggests a Short-Term Bounce

Bitcoin's recent price decline has been attributed to negative newsflow, including fears of inflation, the U.S. government's transfer of assets...

NY Attorney General sues KuCoin for unregistered securities and commodities trading, setting precedent with Ethereum

New York Attorney General Letitia James has filed a lawsuit against KuCoin, a cryptocurrency exchange, for allegedly selling securities and...

Expert Analysis: Silvergate Bank and U.S. Regulator-Led Lawsuit Against KuCoin Result in Crypto Market Decline