Cryptocurrencies News

The crypto market was back in the red this morning. However, Ripple v SEC, Voyager Digital, and Silvergate Bank news has been favorable.

(Reuters) – U.S. federal officials have been discussing with Silvergate Capital Corp’s management to avoid a shutdown, Bloomberg News reported on Tuesday, citing people familiar with the matter.

By Hannah Lang and Lisa Pauline Mattackal

By Hannah Lang WASHINGTON (Reuters) – Federal appellate court judges are set to hear arguments on Tuesday in Grayscale Investments’ case against the U.S. Securities and Exchange Commission over the agency’s rejection of the crypto asset manager’s application to create a spot bitcoin exchange-traded fund.

(Reuters) – FTX said on Monday its affiliate Alameda Research had sued asset manager Grayscale Investments for imposing a “redemption ban” that “could realize over a quarter billion dollars” of asset value for the bankrupt cryptocurrency exchange’s customers.

(Reuters) – A slew of cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital ditched Silvergate Capital Corp as their banking partner after the lender’s latest filing raised questions about its ability to stay in business.

BRASILIA (Reuters) – Brazil’s central bank announced the start of a digital currency pilot project on Monday, aiming to replicate the success of its instant payment system Pix to popularize financial services in the country.

(Reuters) – Brazilian digital lender Nubank said on Monday it had expanded its board to add David Marcus, former digital wallet executive at Meta Platforms Inc.

By Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried should be allowed while on bail to have a flip phone with no internet capability and a basic laptop with limited functions, but be forbidden from using other electronic communication devices, the U.S. Department of Justice said.

(Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by U.S. authorities as it started an American entity in 2019, the Wall Street Journal reported on Sunday.

By Hannah Lang and Akriti Sharma (Reuters) – Silvergate Capital Corp said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank raised doubts about its viability.

(Reuters) – Bitcoin dropped 5.2% to $22,253 at 2204 GMT on Friday, losing $1,213 from its previous close.

(Reuters) – Ripple Labs Inc said in court papers Friday that a recent U.S. Supreme Court decision supports one of its key defenses in the U.S. Securities and Exchange Commission’s case over the cryptocurrency XRP.

(Reuters) – Binance Chief Executive Officer Changpeng Zhao on Friday reiterated support for the exchange’s U.S. partner to acquire Voyager Digital, after an earlier tweet indicated he was weighing walking away from the offer.

By Angus Berwick and Tom Wilson (Reuters) – Three U.S. Senators have asked giant cryptocurrency exchange Binance and its U.S. partner Binance.US for information about their regulatory compliance and finances, citing a series of investigations by Reuters and some other media reports, according to a

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Thursday criticized the Securities and Exchange Commision for casting vague doubts about crypto lender Voyager Digital’s proposed sale to Binance.US, saying the regulator had essentially asked to “stop everybody in their tracks” without explaining how to

(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Thursday it was no longer accepting or initiating payments to or from Silvergate Capital Corp after the lender warned it was evaluating its ability to operate as a going concern.

(Reuters) – Some oil and gas drillers operating on U.S. public lands are diverting natural gas to power cryptocurrency mining operations without paying federal royalties, according to a government watchdog report published on Wednesday.

(Reuters) – Silvergate Capital shares plummeted 28% late on Wednesday after the cryptocurrency-focused bank warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.

By Lewis Jackson SYDNEY (Reuters) – Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings in a scheme originally set up to ensure adequate retirement income.