Bank Failures: Biden & Trump Blame Each Other, Analysts Point to Management

Last Updated: October 12, 2023 • U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for the recent banking failures of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank. • Biden has accused Trump of rolling back regulations established via the Dodd-Frank Act during Obama’s mandate, while Trump …

Read more

Operation Chokepoint 2.0: Regulators Accused of Illegally Targeting Crypto Industry

Last Updated: August 2, 2023 • Cooper & Kirk PLLC released a white paper claiming that US federal regulators are illegally targeting the cryptocurrency industry with “regulatory tools and pressure tactics.” • The report likens the recent regulatory measures to a similar initiative under the Obama administration, which aimed to target fraudulent and high-risk industries …

Read more

Stacks (STX) Price Soars 45% as Major Upgrade Activated

Last Updated: August 2, 2023 • Stacks (STX) price broke out from a critical psychological barrier this weekend. • The platform’s newest upgrade could be one of the reasons behind the price performance. • Bulls pushed the price to retest the $1 price level multiple times last week, and finally, it closed multiple days over …

Read more

International Operation Shuts Down $3B Crypto Mixer, Creator Facing 40 Years

Last Updated: October 12, 2023 • An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of cryptocurrency. • The operation involved national authorities in the U.S., Germany, Belgium, Poland, and Switzerland — with Europol’s support. • Minh Quốc Nguyễn, 49, of Hanoi, Vietnam is charged …

Read more

Cardano (ADA) Soars To $0.34 Despite Crypto Bank Troubles

Last Updated: August 2, 2023 • Cardano’s (ADA) cryptocurrency is gaining despite the failure of crypto-friendly traditional banks. • Cardano founder Charles Hoskinson has taken a jab at how traditional banks handle their reserve assets compared to crypto companies. • DJED, a decentralized stablecoin built on the Cardano network, has seen an increase in trading …

Read more

Kazakhstan Shuts Down Illegal $34M Crypto Exchange, Seizes $350K

Last Updated: October 12, 2023 • Kazakhstan authorities have shut down a crypto exchange, ABS Change, that processed $34 million through Binance wallets. • The exchange was operating without a license and law enforcement confiscated over $350,000 in cash and crypto assets. • The government has been working to regulate the crypto industry with laws …

Read more

Win the Jackpot with Web City Club’s PFP NFT Lottery!

Last Updated: August 2, 2023 Web City Club Launches PFP NFTs – Web City Club has launched their PFP (Profile Picture) NFTs which will run on the Polygon network. These ERC-721 tokens, registered on the Polygon blockchain, will be associated with future perks for their owners. Playing the Web City Club Game – Playing the …

Read more

Latam Unites to Fight Rampant Inflation: Regional Agreement in Place

Last Updated: October 12, 2023 • A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. • The initiative is being spearheaded by Mexican president Andres Lopez Obrador and will allow the exchange of products with high prices between the states. • …

Read more

error: Content is protected !!