US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance

Post Views: 97 The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC insured.” The Federal Deposit Insurance Corporation (FDIC) is looking into Voyager Digital…

New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

Post Views: 76 A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. The defendants named in the lawsuit are Solana Labs…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

Post Views: 98 Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. BTC was trading marginally in the green on Saturday, as prices of the token rose…

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

Post Views: 80 The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. The Ministry…

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

Post Views: 65 U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. The United States has urged Japan to put more pressure on cryptocurrency exchanges…

Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

Post Views: 90 ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. After almost ten consecutive sessions of higher highs, ATOM…

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

Post Views: 98 The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed on the crypto exchange platform Bitmart. A South Africa-based water infrastructure…