California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
California's Department of Financial Protection and Innovation (DFPI) said Wednesday it was moving to suspend Salt’s license for 30 days as the regulator investigates the crypto lender’s decision this week to pause client withdrawals.
Gemini Restores Service to Crypto Exchange After Outage Spooks Investors
Crypto exchange Gemini today went down in a server outage for less than an hour, the platform said on Twitter.
Crypto Liquidity Provider B2C2 Offers to Purchase Loans from Genesis
Genesis’ crypto lending division paused redemptions on more than $2 billion of loans just this morning in New York. And fellow lender B2C2 is already looking to profit from the firm’s plight.
Last-Ditch Stablecoin Regulatory Bill May Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year. She’s working with Republican Senators Patrick Toomey (Pa.) and Cynthia Lummis (Wyo.) on “unique” legislation that will establish U.S. rules of the road for the tokens, she said Wednesday.
XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?
As per data from the crypto transaction tracker service <a href="https://twitter.com/whale_alert/status/1592726347951898624">Whale Alert</a>, a huge XRP transfer was spotted earlier in the day.
Justice Department Advises Crypto Lawyers Not Tip off Clients About Investigations
The Department of Justice doesn’t want lawyers tipping off their clients about investigations, a representative cautioned.
Genesis Crypto-Lending unit halts customer withdrawals
Genesis’ crypto-lending unit has announced that they are currently halting all customer withdrawals as a result of the FTX collapse.
Blockchain Gaming Elite Team Up for Inaugural GAM3 Awards
November 14, 2022 – A conglomerate of the industry’s leading companies and influencers have teamed up for the inaugural GAM3 Awards, which aim to become the Grammys for web3 gaming. The event, hosted by Polkastarter Gaming on December 15, will recognize this year’s best web3 games as voted by expert judges and community sentiment.
Binance Gets Abu Dhabi Regulator's Nod to Offer Crypto Custody Services
Binance, world’s largest cryptocurrency exchange, has obtained Financial Services Permission from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to provide custody to professional clients in and from the Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital.
Bitcoin Trading Volume Hits an 8-Year High; Is This a BTC Bear Trap?
Bitcoin (BTC) has recently experienced increased price volatility, with the asset breaching key levels to the downside. However, the maiden cryptocurrency’s depressed price has not reflected on other key metrics like trading volume.
