Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze. Prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments, had his bank shut down by Puerto Rico regulators. The revelation, however, led...Continue Reading

Not your keys, not your coins. Crypto CeFi lender Vauld has suspended “all withdrawals, trading and deposits.” Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect.” In what appears to be a run on...Continue Reading

The holiday weekend is making everyone nervous as BTC price action hovers at $19,000. Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of...Continue Reading

Hackers had access to multiple official social media accounts of the British Army for nearly four hours, when they posted crypto phishing links and scams. The British Army’s official Twitter, Facebook, and YouTube accounts were breached on July 3 for almost four hours, with scammers promoting rip-off non-fungible token (NFT) collections and cryptocurrency scams. Just...Continue Reading

The anti-crypto conference hopes attendees will get a chance to speak face-to-face with government officials to share their skepticism about the industry. In the middle of crypto’s latest bear market, industry and asset class detractors have rallied together to share their skepticism and network with lawmakers at their own anti-crypto conference. Whereas most crypto conferences...Continue Reading

Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar. Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin...Continue Reading

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector. The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows...Continue Reading

With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade. The much-anticipated Vasil hard fork has been completed on the Cardno testnet, bringing it one major step closer to...Continue Reading

Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint. Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that they “aren’t really looking...Continue Reading

Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support. The bears are attempting to sink Bitcoin (BTC) below $19,000 to further cement their advantage over the crypto market. Analysts watching Bitcoin’s MVRV-Z Score, a metric which measures how high or low Bitcoin’s price is...Continue Reading