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crypto sector

Crypto, blockchain sector saw $2.32 billion investment in Q2, lowest since Q4 2020: Report

Daisy Jul 17, 2023

The crypto and blockchain sector witnessed an investment of $2.32 billion in Q2 2023, marking a new cycle low and the lowest since Q4 2020, continuing a downtrend that began after a peak of $13 billion in Q1 2022, a new report has…

Technology

BitGo’s Takeover of Prime Trust Falls Apart Amid Intensified Crypto Chaos

Daisy Jun 23, 2023

These past weeks have been intense for the crypto sector, with the US SEC weighing down on the existing players on one hand, and institutional interest brewing around the digital assets industry on the other. In the midst of this industry…

Technology

Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

Daisy Mar 25, 2023

Coinbase debuted on the US stock market on April 14, 2021 — the same day US senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country's top markets regulator.Gensler, who has called the crypto sector…

Technology

US regulators warn banks to be on alert for crypto-related liquidity risks

Daisy Feb 25, 2023

Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile.In a joint statement issued Thursday, the Federal…