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HSBC UK Bank plc purchased SVB UK for £1, with loan portfolio and deposits of £5.5 billion and £6.7 billion respectively. HSBC Group CEO Noel Quinn expressed excitement about the acquisition and co…
On Friday, the value of Bitcoin dropped by 8%, plunging below the $20,000 mark to reach its lowest point in nearly two months. This decline was attributed to both a sell-off in the U.S. stock market a…
JPMorgan ended its banking relationship with Gemini, owned by the Winklevoss twins. Coinbase confirmed JPMorgan banking relationship is still in place. The crypto industry faces regulatory scrut…
India announced that anti-money laundering rules will include crypto. Crypto businesses must register with FIU and comply with PMLA. Virtual digital asset providers are now classified as "report…
29 arrested in Egypt for cryptocurrency scam defrauding investors $620,000. Illegal HoggPool platform scammed investors with promises of financial gains. Egypt suffers a severe economic crisis w…
Uniswap's plans to introduce an iPhone crypto wallet were delayed by Apple's rejection. Uncertainty remains if Uniswap can meet Apple's requirements for an "approved exchange." Uniswap Design Le…
Silvergate Bank faces client exodus and historic share plunge. Delayed 10-K filing and potential investigations could impact the viability. Major crypto exchanges suspend operations while Kraken…
France announces more stringent regulations for crypto companies. Existing firms can continue operating, but new entrants face tougher demands. MiCA could disrupt France's position as Europe's c…
Cash is arriving in crypto markets at a faster rate than it is departing. The actual value of the net condition of the collective market economy is positive. The asset is now more widely distrib…
With many investors realizing substantial returns from purchasing and trading digital currencies, cryptocurrency has taken the globe by storm. However, with great rewards come great risks, especially …

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