Regional bank Silvergate Capital Corporation is the latest victim of the cryptocurrency exchange platform’s bankruptcy. In fact, the establishment had the distinction of allowing its customers to make cryptocurrency deposits, and many American individuals had jumped at the chance to secure their money. Unfortunately for them, FTX’s staggering fall dragged the entire cryptocurrency sector into … Read more
After Mercedes, it’s Ferrari’s turn to end a collaboration with a crypto company. The big crypto companies are all coming out the back door in the Formula 1 world. Scuderia Ferrari has thus ended its collaboration with Vela’s blockchain. Ferrari had signed a sponsorship deal with the crypto firm in 2021 for $30 million a … Read more
Shark Tank star and NBA Dallas Mavericks owner Mark Cuban has warned that the next crypto implosion could come from “detection and removal of laundry trades” on centralized exchanges. The billionaire’s comments follow the collapse of cryptocurrency exchange FTX, which wiped out billions of dollars in client funds. Mark Cuban on the next cryptocurrency implosion. … Read more
France needs to adopt a licensing scheme for cryptocurrency service providers, the country’s central bank official has suggested. According to the manager, the need for increased legislative oversight stems from the “disorder” that has prevailed in the sector over the past year. The license should replace registration for cryptocurrency companies in France, according to Governor … Read more
News JVTech FTX: two months after its collapse, the crypto platform has an unexpected security victim Published on 07/01/2023 at 17:45 Almost two months after the collapse of FTX, the second largest cryptocurrency platform, the consequences are still being felt… A company outside the crypto sector has also found itself caught in the fall of … Read more
According to Telegram, Aurélien Michel, son of former Guingamp player Claude “Coco” Michel, was arrested at New York airport on January 4. He is accused of defrauding over three million dollars from NFT buyers. Claude Michel’s son, alias Coco, is in trouble with American justice. The telegram reports this Saturday that Aurélien Michel was arrested … Read more
Customers of the American bank Silvergate, one of the few listed banks specializing in cryptocurrencies, “have withdrawn more than $8 billion from their deposit accounts”, Bring it back BBC. “Two thirds of bank customers” closed their accounts in the last quarter of 2022, forcing the bank to sell $5.2 billion in assets. Silvergate is “the … Read more
Best known for his highly successful YouTube career and high profile boxing matches, Logan Paul is no stranger to NFTs. As of December 2021, Logan said he spent a staggering $2.7 million on his NFT collection, which includes hundreds of digital collectibles from some of the most prominent NFT projects. With the cryptocurrency crisis, most … Read more
Can cryptocurrencies become attractive again in 2023?– Another bad news on the cryptocurrency side. Silvergate, a bank specializing in digital assets, has laid off 40% of its staff. Many cryptocurrency-related companies continue to downsize, showing that the situation is still tender. After falling 82% from its peak in November 2021, Ethereum can he recover? Ethereum … Read more
News JVTech If you use this wallet, your Bitcoins and cryptos may have been compromised Published on 06/01/2023 at 16:20 Bad news for the crypto sector at the start of 2023. A famous cryptocurrency storage wallet has been hacked, damaging the savings of Bitcoins and cryptos for several users of the application. The Bitkeep crypto … Read more