Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an...
Day: 11 May 2023
Big breath as Beacon Chain stops finalizing… and then recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. An unidentified issue on Ethereum’s Beacon Chain led...
Pepe would be ashamed by PEPE investors
Memes come and go, but greed, harassment and “community” are stalwarts of the crypto industry. Death threats, viral rap videos...
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country...
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
IRS wants $38B in unpaid taxes from Alameda, Milady token surges 3,000%, restraining order for Arthur Hayes over 3AC “threatening”...
US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous...
Federal Reserve’s FedNow will integrate with Metal Blockchain
The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols. The Federal Reserve’s forthcoming...
BlockFi users to get back $297M from Wallet accounts: Report
Return of funds does not apply to users of interest-bearing accounts, ruled U.S. Bankruptcy Judge Michael Kaplan. A United States...
BlockGPT launches ‘chat to earn’ ecosystem for training AI
A new Web3 initiative aims to build a ChatGPT-style artificial intelligence system on the blockchain. BlockGPT, a recently launched Web3...
Bitcoin Price Prediction for Today, May 11: BTC/USD Retraces Below $27,000
The Bitcoin price prediction indicates bearish momentum as the coin fails to cross above the 9-day and 21-day moving averages....
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