Silvergate Capital files for Chapter 11 bankruptcy in Delaware

What will happen to foreign P2P marketplaces operating in Venezuela? Due to the regulations and sanctions related to the U.S. Office of Foreign Assets Control, or OFAC, Paxful announced that they will no longer provide services in Venezuela, according to an announcement on September 14.In a statement sent to Cointelegraph, Paxful’s CEO, Ray Youssef, commented…

San Francisco-based crypto exchange Kraken has become the first cryptocurrency business to receive a charter to operate as a bank in the United States. When seen as part of a larger-scale shift in regulatory attitudes that may help to bring crypto into the mainstream, the repercussions could be even more significant.Kraken Financial, the firm's new…

Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3.Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote:“Bitcoin is one…

As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises. 132 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and…

Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing…

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. 363 Total views 5 Total shares The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few

The price of Bitcoin (BTC) hit a new yearly high at $16,717 on Binance. Following the breakout, traders expect a larger rally to occur in the near term.There are several reasons why analysts expect a prolonged uptrend. First, Bitcoin cleanly broke out of $16,000, taking out the $16,473 peak achieved on Nov. 13. Second, there…

One third of participants see Bitcoin as the least preferable investment asset. 2157 Total views 1 Total shares Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs' poll with the Asian chief investment officers tells a different story.Goldman Sach Global Investment Research…