The company claimed that the bank’s voluntary liquidation is its best path forward due to recent industry and regulatory developments. The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has announced plans to “wind down operations” and liquidate the bank. In a March 8 announcement,...Continue Reading

In a brief and straightforward message, crypto exchange Gemini denied rumors, saying its banking relationship with JPMorgan remains intact. Crypto exchange Gemini took to Twitter on March 8 to deny rumors about its banking relationship with United States financial conglomerate JPMorgan being terminated. In a brief and straightforward message, Gemini stated that “despite reporting to the...Continue Reading

The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it. Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Common’s Treasury Committee on March 8 to discuss the agency’s work. Among...Continue Reading

The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience. On March 7, United States Federal Reserve Chairman Jerome Powell warned that interest rates may remain higher for longer than previously anticipated. This boosted expectations of a...Continue Reading

The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC. According to United States Senator Kirsten Gillibrand, a new draft of the bipartisan crypto bill pioneered by herself and Senator Cynthia Lummis will be released to the new Congress...Continue Reading

Cointelegraph spoke with women from different backgrounds, projects, countries, and generations about career, diversity, and their journeys in crypto. Women have been part of the crypto space since its genesis, developing projects, communities and brands, as well as tackling many trenches that this emerging industry demands. Yet, they have been less involved in starting Web3...Continue Reading

An NFT generator powered by artificial intelligence was recently launched by crypto exchange Binance, with 10,000 mints in 2.5 hours. In this week’s newsletter, read about how Yuga Labs’ first Bitcoin-based nonfungible tokens (NFTs) earned $16.5 million in 24 hours, and how the Bitcoin NFT market can reach $4.5 billion by 2025. Check out how...Continue Reading

Significant headwinds continue to batter BTC price, and this week’s options expiry is unlikely to provide any relief. Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee. During the congressional appearance, the...Continue Reading

Challenges women face within the industry include the lack of representation and toxic “bro-culture.” The world of Web3 has opened up new opportunities for individuals to participate in a more open and transparent internet, and to create wealth. However, despite the potential benefits of this emerging technology, women face unique challenges in the Web3 space....Continue Reading

Why is there a groundswell toward Bitcoin adoption in Dakar? And could it influence neighboring countries and regions to explore magic internet money? Cointelegraph goes to Senegal, West Africa. The medium-sized African nation recently hosted a Bitcoin conference (BTC) and more and more merchants and customers are joining the Lightning Network.  Armed with a camera,...Continue Reading