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CATEGORY: receiver

Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 28, 2023 01:20

Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns

In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize its property, assets, books, papers, documents, and records.

The post Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns appeared first on BTC Ethereum Crypto Currency Blog.

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Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 12, 2023 10:30

Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on [...]

The post Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow appeared first on Crypto Breaking News.

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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 10, 2023 10:30

US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for [...]

The post US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual appeared first on Crypto Breaking News.

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Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 16, 2023 05:50

Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’

Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to raise capital from its largest [...]

The post Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’ appeared first on Crypto Breaking News.

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How to check an Ethereum transaction
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 06, 2023 02:10

How to check an Ethereum transaction

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state. The change specifically takes place on the Ethereum Virtual Machine (EVM). [...]

The post How to check an Ethereum transaction appeared first on Crypto Breaking News.

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