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White House Crypto Czar David Sacks will investigate Operation Choke Point 2.0

White House Crypto Czar David Sacks will investigate Operation Choke Point 2.0

David Sacks, the White House’s Crypto and AI Czar, is stepping into the storm surrounding Operation Choke Point 2.0, a program that crypto insiders...
Did the Biden admin target Silvergate to crush crypto?

Did the Biden admin target Silvergate to crush crypto?

Silvergate Bank could have survived but US regulators stepped in to “decapitate” the crypto industry, suggests Nic Carter in his latest report. He ...
Crypto powerhouse Silvergate Capital bank files for bankruptcy after 18-month wind-down

Crypto powerhouse Silvergate Capital bank files for bankruptcy after 18-month wind-down

Silvergate Capital Corporation, the parent company of crypto-focused Silvergate Bank, filed for Chapter 11 bankruptcy on September 18 in the US Ban...
Central Banks to Slash Rates: Bitcoin to Explode to $100K?

Central Banks to Slash Rates: Bitcoin to Explode to $100K?

Bitcoin prices are fluctuating as central banks hint at interest rate cuts. Many wonder if these cuts could…
Venezuelan Army Seizes 35 Bitcoin Mining Rigs in ‘Illegal Farm’ Raid

Venezuelan Army Seizes 35 Bitcoin Mining Rigs in ‘Illegal Farm’ Raid

Venezuela’s Bitcoin mining crackdown appears to be continuing unabated, with the nation’s army seizing 35 rigs in a raid on a farm in Guárico. The ...
Federal Reserve Ends Enforcement Action Against Crypto-Friendly Bank Silvergate After Levying $43,000,000 Fine

Federal Reserve Ends Enforcement Action Against Crypto-Friendly Bank Silvergate After Levying $43,000,000 Fine

The Federal Reserve is ending its enforcement action against defunct crypto-friendly bank Silvergate after hitting the firm with a multimillion-dol...
Swiss banks seek to close crypto payments gap

Swiss banks seek to close crypto payments gap

Swiss pair of European lenders, Amina Bank and Sygnum, are stepping up their crypto operations. Both banks hope to fill the void in crypto payments...
Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand $63 million fine

Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand $63 million fine

Silvergate Capital settled with the SEC for $50 million as Federal Reserve governors and California financial regulators demanded $63 million in fi...
Venezuela Cracks Down on Crypto Mining to Tackle Energy Crisis

Venezuela Cracks Down on Crypto Mining to Tackle Energy Crisis

Venezuela bans crypto mining to control energy consumption and stabilize its power grid amid an ongoing energy crisis and anti-corruption efforts.
San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case

San Diego Federal Court Denies Silvergate’s Dismissal Motion in FTX Fraud Case

The San Diego federal court has ruled that Silvergate Bank must face a class-action lawsuit filed by FTX users which alleges that the bank aided th...