Crypto Exchange Coinmetro Successfully Raises $7M

Crypto exchange Coinmetro has successfully raised $7 million in funding in a round backed by three angel investors and hundred shareholders. (Read More)

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Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits

The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured. The U.S. Bankruptcy Court in More

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Voyager to return $270M in customer funds, says it received 'better' offers than FTX

The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now.

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Did Lemonade Actually Buy Bitcoin?

The rumor that surfaced earlier today that Lemonade bought Bitcoin isn’t exactly accurate. But it’s also not fake news.  Covered: Lemonade Buys Bitcoin? SEC Filing: Form-4 Metromile And Crypto Lemonade Buys Bitcoin? Rumors circulated around crypto Twitter today that insurance company Lemonade bought 1 million worth of Bitcoin for its balance sheet. The truth is, […]

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Bitcoin Miner Riot Blockchain Buys Electrical Supplier ESS Metron For $50 Million

The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction.

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Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future

Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made an announcement regarding the termination of its current Bitpay prepaid Mastercard program. This decision [...]

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Biggest Crypto Gainers Today, April 8 – ENJ, FIL, LHINU, DLANCE, METRO, ECOTERRA, TARO

Bitcoin and Ethereum paused their aggressive bullish push in March that defied the banking crisis in the United States, which saw three crypto-friendly banks collapse. [...]

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Metropolitan Museum of Art to return $550K in donations from FTX

The Metropolitan Museum of Art (Met) is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in November. The New York-based museum confirmed its intention to repay the funds to FTX debtors in a filing to the United States Bankruptcy Court in Delaware on June 2 — the [...]

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US regional bank shares sink despite Fed calling banking system 'sound'

PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.

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