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- SVB Financial Group Files for Bankruptcy, Crypto Customers Affected
- Crypto-Friendly Bank Silvergate Pays Heavy Price for Perfection
- No-Code Product Speeds Up App Deployment Across Blockchains
- IMF Board: Crypto Should Not Be Legal Tender
- $200M in Losses: Short Trades Wiped Out By Bitcoin, Ether Surge
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Monthly Archives: Februar 2023
IMF Board: Crypto Should Not Be Legal Tender
• The International Monetary Fund’s (IMF) Executive Board has stated that cryptocurrency should generally not be granted legal tender status. • Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. • The IMF … Continue reading
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$200M in Losses: Short Trades Wiped Out By Bitcoin, Ether Surge
• Short trades on Bitcoin, Ether and other cryptocurrencies resulted in $200 million in losses. • Bitcoin-backed futures saw the most liquidations, at over $85 million. • The market capitalization of cryptocurrencies rose 8.8%, with Okb and BNB Chain’s bnb … Continue reading
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Robinhood Crypto Revenue Drops 24% to $39M in Q4
• Robinhood reported $39 million in crypto trading revenue in Q4, down 24% from Q3. • The company also announced its intention to purchase 55 million shares from a holding company for former FTX execs and cancelled nearly $500 million … Continue reading
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Fed Meeting Looms: Bitcoin Dips Below $23K, Sand Token Surges
• Bitcoin (BTC) recently traded at around $22,700 after a 4% drop in the past 24 hours. • Equities closed lower as traders awaited the Federal Reserve’s decision on interest rates Wednesday. • Arca Director of Trading and Operations Wes … Continue reading
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