SEC Wells Notice, what is it and why more may be coming

Ad On February 21, Paxos halted the issuance of new BUSD tokens after it was given a Wells Notice, a document the SEC provides to entities under investigation. The SEC can issue a Wells Notice to outline the substance of the charges that the regulator plans to bring. In addition, it allows the respondent to…

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 filing indicates that the SEC has rejected a rule change through which Cboe BZX Exchange intended to list VanEck’s exchange-traded fund (ETF). The…

Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure

Ad California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down, according to an announcement from financial regulators on March 10. Silicon Valley Bank closed by regulators The Federal Deposit Insurance Corporation (FDIC) said that the California Department of Financial Protection and Innovation closed SVB today. The FDIC said that…

U.S. government appeals Voyager-Binance.US deal

Ad The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9. Two government agencies filed the appeal: the U.S. Attorney’s Office for the Southern District of New York and the Office of the U.S. Trustee. Though the current filing does…

Bitcoin long-term holders capitulate at levels seen during FTX collapse

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…

Banks halted on exchanges, while 2-year treasury yield plunges

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…

Banks halted on exchanges, Silicon Valley Bank now closed by California regulators

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…

Cardano rises 6% against Bitcoin despite broad market sell-off

Ad Cardano’s ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to CryptoSlate’s data. The ADA/BTC spot pair on Binance increased by 0.00000087 during the reporting period to as high as 0.00001571. However, it has retraced to 0.00001562 at the time of writing. Source: Tradingview…

Bitcoin hashprice drops as miners face possible 30% energy tax

Ad Bitcoin’s (BTC) hashprice has significantly plummeted in recent weeks, dropping to its early January levels — a potential sign that the mining bull run might be over. Hashprice measures the market value for each unit of hashing power. BTC’s price determines Hashprice’s value alongside the network difficulty and transaction fees. With BTC’s network difficulty…