Cryptocurrency lender Genesis recently filed for Chapter 11 bankruptcy protection in the Southern District of New York, United States.
This is not a surprise, the company had previously stated that it was considering filing for bankruptcy if it was unable to raise capital and deal with its current…
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Silvergate crypto bank lost 877 million in 2022
Silvergate Capital, an entity focused on Bitcoin and blockchain companies and owner of Silvergate Bank, recorded losses of 948.6 million dollars (877 million euros) in 2022, compared to attributable net profit of 75.5 million dollars (70…
El Salvador approves creation of the digital asset issuance law
El Salvador has been in the tip of the iceberg since the adoption of Bitcoin as a national circulation asset. Now it is moving towards the creation of the Digital Assets Issuance Law, for its regulation, protection and commercialization.…
Wyre implements a limit on withdrawals
The Wyre platform implemented an asset withdrawal limit for its users, just days after a rumor about a possible closure surfaced.
As indicated by those in charge of the cryptocurrency platform, this limit arises to protect the interests of…
SEC wants to stop Voyager purchase
The United States Securities and Exchange Commission (SEC) may want to intervene in the acquisition of Voyager Digital by Binance.
The SEC asked a judge to completely stop this transaction, which involves the bankrupt company and Binance…
FTX Japan clients will be able to withdraw funds in February
The FTX subsidiaries in Japan indicated in a statement that in mid-February they will begin to return the funds to users, taking into account that they are not part of the FTX Group assets.
After this platform declared bankruptcy and the…
FED again issues comments on cryptocurrencies
The United States Federal Reserve (FED), along with other regulators in the region, issued a statement in which they discussed the risks involved in the use of cryptocurrencies in banking systems.
Others involved include the Office of the…
Binance has more than 100 million users
Through an official statement, the CEO of Binance Changpeng Zhao assured that the cryptocurrency exchange today has at least 120 million users from all over the world.
On the other hand, Zhao spoke about how the season is going for digital…
Bitcoin leads cryptocurrency searches on Google
DollarGeek experts did an analysis of cryptocurrency searches during 2022, in order to determine which were the most "googled" in the year.
This is how bitcoin was once again the winner of the last 12 months, followed by the Shiba Inu…
Digital Art: The trend that joined the crypto world
In recent years, we have seen how digital art has generated both interest and skepticism, and precisely the latter has occurred due to the absolute ignorance that exists about this not-so-new way of creating new languages and artistic…
FTX collapse pushes strong crypto regulations in France
As the approval of the Crypto Asset Markets Law (MiCA) in Europe approaches, France is determined to tighten regulations on digital assets, especially after the bankruptcy of FTX.
The outcome of the crypto platform, which has affected…
Argentina: Province of San Luis will launch its own cryptocurrency
The upcoming launching of the US dollar-pegged cryptocurrency Activo Digital San Luis, in the province of Sal Luis, western Argentina was announced this week. The provincial Executive Power will established the value of the stablecoin.
The…