The fate of Signature’s cryptocurrency business remains uncertain after the Federal Deposit Insurance Corp. directed its crypto clients to close their accounts by April 5th.
Author: mehdi
mehdi
Mehdi is a news writer specializing in the world of cryptocurrencies, with a keen interest in all things blockchain and digital currencies. Passionate about staying up to date on the latest developments in this rapidly changing industry, and I love nothing more than sharing my insights and analysis.
The world of digital assets has once again surged in popularity, receiving a staggering $160 million investment influx, marking the highest inflow since July 2022. The Digital Asset Fund Flows Report, published on March 27th by CoinShares, revealed that investors are turning to crypto investment products.
South Korean officials are ramping up their efforts to apprehend Daniel Shin, the financial technology entrepreneur who was once connected to the Terraform Labs crypto project.
There have been a lot of scam-like tokens detected from Binance’s BNB Chain, which Solidus Labs, who monitors 12 leading blockchains, has detected sometimes. According to the report, the proportion of BEP-20 tokens that exhibit fraudulent characteristics on the BNB Chain is close to 12%, but the number is 8% on Ethereum.
Musk intends to take the helm of Twitter inc. as CEO once he completes the acquisition of that company for $44 billion. Being Ceo also in Tesla Inc., the company which he also leads, as well as SpaceX, the company he had founded.
There are many stablecoins in the cryptocurrency market with various use cases and backgrounds. But some of them are more reliable and promising. The most important factor of difference in stablecoins comes from the backing currency or asset.