Binance CEO Changpeng Zhao said that "banks are a risk to fiat-backed stablecoins," which are typically pegged 1:1 with a fiat currency like the U.S. dollar.
During the closure announcement Sunday, regulators confirmed that customers of Signature Bank would be made whole regardless of the amount their accounts hold.
"Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve," Bitcoin creator Satoshi Nakamoto said in a blog post.
"It is really astonishing the measures he has gone to avoid service of our complaint," one of the plaintiff's lawyers said.
"Obviously a lot is still unknown about what happens with SVB, and as is the case with many others, we hope to have more details soon," Ripple CEO Brad Garlinghouse said.
"KuCoin operated in New York without registration and that is why we are taking strong action to hold them accountable and protect investors," New York Attorney General Letitia James said.
Sam Bankman-Fried's lawyers said that at present, they are still waiting for the contents from "computers belonging to two other former FTX/Alameda employees."
"It's a basic bargain in finance: If you want to raise money from the public, disclose certain facts and figures," SEC chair Gary Gensler said.
The much-awaited public beta test of Shibarium is now live.
The latest movement of Bitcoin from the authorities' wallet addresses seemingly spooked investors who are worried the government would make a sellout of the crypto asset in the open market.
"Notwithstanding a regulatory framework around stablecoin, they're going to be commodities in my view," the CFTC chairman said.
"Instead of doing any cryptocurrency trading or mining on behalf of investors, the defendants built a Ponzi scheme and took the victims' money to line their own pockets," Damian Williams, United States Attorney for the Southern District of New York, said.
Silvergate recently announced that it would delay its annual report submission on Form 10-K because of questions raised by independent auditors and accounting firms about its figures.
Amazon has not yet said anything about the rumored NFT marketplace.
Ryoshi disappeared from various social media outlets and the internet last year without explaining why.
For the tech billionaire, Twitter's transformation into an "Everything app" could help it become the world's largest financial institution.
While the court has already given its go-ahead to the Binance US-Voyager Digital deal, a lawyer said the DOJ is considering an appeal against the decision.
Some investors are worried that Buterin's recent action might trigger a crypto crash.
Ten months after the spectacular collapse, Kwon's whereabouts are still unknown.
This is not the first time the crypto exchange platform had refused to compensate its customer.
Prior to the SEC's action against him, the Crypto Law founder encouraged the Ripple community to stick together, think out of the box and come up with strategies.
The crypto hedge fund co-founder was also accused by the SEC of spending nearly $400,000 on investor funds for himself, which includes a $35,000 payment for rent in a vacation house in Montauk, New York.
Judge Michael Wiles was originally set to issue a decision on the restructuring last week, but gave the SEC until Tuesday morning to present a more convincing argument against Voyager Digital's restructuring plan.
A proposal reportedly sought federal Judge Lewis Kaplan's approval on restricting Sam Bankman-Fried's communication to "a flip phone or other non-smartphone with either no internet capabilities or internet capabilities disabled."
SEC chairman Gary Gensler previously said that the majority of crypto trading platforms should be considered national securities exchanges, thus the need for them to be registered as such.
Kusama said the team is currently "just organizing and giving the attention each and every one of the several thousand submissions deserves."
It looks like Musk, who previously sounded the alarm on what the future of artificial intelligence technology could bring, is immensely passionate about it now.
Adidas has been planning its Web3 strategy for several months and as a product of this months-long building, the brand recently launched its NFT collection with future Web3 projects.
Riot Platforms is following in the footsteps of Marathon Digital, Silvergate and Hive Blockchain in delaying filings.
The CFTC has been trying to gain more regulatory control over the crypto industry.
