FTX-Associated Crypto Bank Moonstone Announces Exit from Crypto Space
Moonstone Bank said that after exiting from the crypto space, it will go back to its original format of being a community bank with major rebranding.
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Moonstone Bank said that after exiting from the crypto space, it will go back to its original format of being a community bank with major rebranding.
The collapse of Genesis was major fueled by its deep exposure to two of the most severe bankruptcies in the digital currency ecosystem.
1inch’s hardware wallet uses wireless charging and can last for up to 2 weeks after a full charge.
Revolut is holding off on its token launch to determine the full extent of the damage caused by the FTX crash.
The NYX Ethereum-based DAO’s members will use non-transferable GORJS governance tokens for proposal voting.
Once the user downloads and receives access, Robinhood Wallet grants each customer $5 in crypto.
The full scale of the impact on T-Mobile’s business is not yet clear. Besides, the company is unable to predict how the incident might change its customers’ behaviour.
Jamie Dimon believes that if the United States ends up in a recession, the Fed might end up raising rate hikes as high as 6%.
Advertising spending has reduced over the past year, contributing to the woes of Meta Platforms. However, Sorrell says the ease in the crackdown from Beijing is a positive growth factor for the US tech stocks.
Compass Mining recently sustained a lawsuit by customers who claim the company lost their crypto mining machines in a deal with Bit River.
DCG is currently looking for ways to save its business and grow its capital.
Tech jobs cut include Amazon dismissing 11,000 employees, Twitter lowering headcounts by 3,700, and others.
Canine-inspired tokens, including Dogecoin and Shiba Inu, saw around $25 billion in trading volume in the past month.
According to the FinCEN order, Bitzlato has been used to launder as much as $700 million since its inception, and according to the terms of the order, the regulator wants the named counterparties to stop doing business with Bitzlato.
NAB chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin, which is backed 1:1 by the Australian dollar (AUD), was based on the bank’s belief that blockchain infrastructure will play a key role in the new evolution of finance.