DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering

The U.S. Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15. ChipMixer handled $3 billion of illicit crypto The DOJ said... Read more »

Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown

Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14. Anchorage lays off 20% of staff Bloomberg reported that, based on... Read more »

SEC, DOJ investigating Silicon Valley Bank: WSJ

Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street Journal on March 14. SEC, DOJ reportedly investigating SVB... Read more »

Binance CEO denies interest in CoinDesk

Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire... Read more »

Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital

Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13  statement, the BTC... Read more »

Regulators take control of Signature Bank

Ad Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The New York State Department of Financial Services closed the bank on... Read more »

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked by the depeg of Circle’s USDC stablecoin on... Read more »

Why the USDC depeg is not a reason to panic

Ad The following is a guest post by Anndy Lian. The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of USDC, a stablecoin supported by US dollars.... Read more »

Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well underway

Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point 2.0.” Carter argues that inter-governmental organizations are... Read more »

SEC denies VanEck Bitcoin spot ETF for a third time; commissioners dissent

Ad The U.S. Securities and Exchange Commission (SEC) has once again rejected VanEck’s proposal for a Bitcoin spot ETF, according to a March 10 filing. SEC rejects VanEck Bitcoin ETF The relevant... Read more »