- Spark Newswire

2 minute read

EU Antitrust Chief Margrethe Vestager Concerned About Dominance In The Metaverse

Today, 7:32 PM

The metaverse, a shared virtual world accessible via the internet, is attracting regulatory scrutiny, according to Margrethe Vestager, the European Union's antitrust chief.

GOOG

3 minute read

Is Silvergate’s Fall Certain? Industry Experts React To Cryptocurrency Bank’s Problems

By Murtuza Merchant

Today, 7:32 PM

A day after cryptocurrency-focused bank Silvergate Capital Corp (NYSE: SI) admitted that it may struggle to remain solvent due to significant losses, industry experts opine the bank's fall is only a matter of time, even as they expressed concerns about the potential

BRPHF

2 minute read

UK Banks Tighten Access To Cryptoassets For Retail Customers

By Murtuza Merchant

Today, 7:32 PM

Nationwide Building Society and HSBC Holdings plc (NYSE: HSBC) implemented new limits on retail customers’ access to cryptocurrency assets, following industry scandals and regulatory warnings.

$BNB

2 minute read

Revolutionizing Payment Compliance: Japanese Banks Launch Stablecoin Experiment

By Murtuza Merchant

Today, 7:32 PM

Three Japanese banks are set to conduct a stablecoin experiment using a payment system that complies with legal requirements.

ETH

1 minute read

Coinbase Dumps Floundering Crypto Bank Silvergate: What You Need To Know

By Murtuza Merchant

Today, 7:32 PM

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) announced Thursday that it has stopped accepting or initiating payments to or from Silvergate Capital Corp (NYSE: SI) out of an "abundance of caution.&quo

COIN

2 minute read

Robinhood Launches Global Rollout Of Self-Custody Web3 Wallet

By Murtuza Merchant

Today, 7:32 PM

Online brokerage firm Robinhood (NASDAQ: HOOD) has announced the global rollout of its self-custody Web3 wallet — Robinhood Wallet — to all iOS customers. The wallet was previously available only to select beta users.

$MATIC

2 minute read

Coinbase CEO Defends Staking Product Amid SEC Crackdown

By Murtuza Merchant

Today, 7:32 PM

Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc (NASDAQ: COIN), the largest cryptocurrency exchange in the U.S., has spoken out about the regulatory crackdown on the crypto industry, reiterating that the exchange's staking product should not be classified as a

$BUSD

2 minute read

Binance Launches Bicasso To Turn Users Creativity Into NFTs

By Murtuza Merchant

Today, 7:32 PM

Cryptocurrency exchange Binance’s NFT marketplace launched on Wednesday a product called Bicasso, which uses artificial intelligence to turn users' prompts into NFTs. “You can turn your creative visions into NFTs with AI. Give it a try and show me what you make with it,” Binance CEO Changpeng Zhao tweeted.

$BNB

1 minute read

Former FTX Engineering Director Agrees To Plead Guilty To US Criminal Charges

By Murtuza Merchant

Today, 7:32 PM

Former FTX engineering director Nishad Singh has agreed to plead guilty to criminal charges brought by U.S. prosecutors as part of an investigation into the inner circle of FTX founder Sam Bankman-Fried.

$FTT

1 minute read

Robinhood Faces SEC Probe Over Crypto Business Amid Regulatory Crackdown

By Murtuza Merchant

Today, 7:32 PM

Robinhood Markets Inc. (NASDAQ: HOOD) revealed it is currently facing an investigation by the U.S. Securities and Exchange Commission (SEC) regarding its cryptocurrency business.

HOOD