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Approach with caution: US banking regulator’s crypto warning

Approach with caution: US banking regulator’s crypto warning

The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector...

Crypto lender Genesis has no solution yet for withdrawal halts

Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take additional weeks to carve out a recovery path for its lending business. Crypto lending platform Genesis has informed its customers that its withdrawal freeze is likely to last “additional weeks” amid efforts to stave off a potential...

Blockstream raising funds for mining at 70% lower company valuation

Blockstream raising funds for mining at 70% lower company valuation

CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity. The depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing.The crypto infrastructure firm is seeking fresh funding,...

Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009

Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009

Answering the question 'Who has/had the oldest mined Bitcoin?' an anonymous member shared a signature dating back to January 2009, just a week after Bitcoin came into existence. Online forums are integral to the Bitcoin origin story, where Satoshi Nakamoto and early...

Front-running scams rampant on YouTube with 500% surge in 2022: CertiK

Front-running scams rampant on YouTube with 500% surge in 2022: CertiK

The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction. Front-running scam bots are significantly gaining traction on YouTube, with the number of dubious videos increasing six-fold in 2022...

Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US. Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as...