General News
Step into Cryptomufasa's General News Gazebo, the rendezvous point for a myriad of happenings from the vast expanse of the crypto cosmos. From minor murmurs to seismic shifts, we curate and present a tapestry of tales that shape the digital currency narrative daily.
Silicon Valley Bank Closed By California Regulator
According to the FDIC, as a receiver, it promptly transferred all Silicon Valley Bank-insured deposits to the recently established Deposit...
Hedera Exploit: Smart Contract Code Targeted by Attackers
It is still unknown how many tokens were taken in total. Hedera, a decentralized proof-of-stake (PoS) blockchain, has finally confirmed...
Silvergate The Crypto-Friendly Bank Shuts Down, The Latest Victim Of 2022’s Crypto Turmoil
On Wednesday, Silvergate Capital, which offered financing services to numerous companies in the cryptocurrency sector, announced that it would shut...
Crypto Market Distances Itself From Silvergate, Will It Follow In FTX’s Footsteps?
As concerns about Silvergate's sustainability for the upcoming year grow, the company is experiencing financial distress as its share price...
Xapo Bank Uses Lightning Network To Enable Faster Bitcoin Payments
To offer alternative financial services in emerging market nations, crypto pioneer Xapo bank has quietly gathered interest-bearing, deposit-guaranteed USD bank...
Bitcoin ATM Rise Or Fall: In Less Than 60 Days, More Than 400 Machines Went Offline
Each month from December 2020 to January 2022, more than 1,000 crypto and Bitcoin ATMs were set up. One of...
France Sets Tighter Crypto Regulations for New Players
Existing players will have more time to comply with the laws, while new entrants to the French market will face...
Regulatory Concerns: SEC Subpoenas Robinhood Over Crypto Operations
In regard to its bitcoin dealings, the SEC has filed a subpoena against Robinhood, a popular trading app. Once the...
Mastercard and Visa Put Crypto Plans on Hold as Market Downturn Continues
In another setback for the troubled crypto industry, Visa and Mastercard have announced that they are putting their plans to...
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