operations - Claimpayback

crytpo news court session blurry figures sitting in chairs judge with arm raised nft background day

Federal Reserve bars Custodia, says operations inconsistent with the law

0xMain
March 25, 2023

bars, Custodia, Federal, Hacking, inconsistent, law, operations, Reserve

The board of governors of the Federal Reserve System, better known as the Fed, has officially confirmed that they denied Custodia their application to be part of its network. The Fed is concerned about Custodia’s abilities In an updated statement on Mar. 24, the United...

FDIC insists buyer of Signature Bank drop crypto operations

0xMain
March 16, 2023

Bank, buyer, Crypto, drop, FDIC, Hacking, insists, operations, Signature

The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations, highlighting growing regulatory concerns around digital assets. The federal deposit insurance corporation (FDIC), a U.S. government agency responsible for protecting depositors, is...

Silvergate to wind down operations and liquidate the bank

0xMain
March 9, 2023

Bank, Hacking, liquidate, operations, Silvergate, wind

Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. The crypto-friendly bank earlier ended its crypto payments network. In a press release on March 8, 2023,...