Fidelity Investment's crypto arm, Fidelity Digital Assets, launched commission-free trading on the two largest assets by market cap in crypto to all users (old and new) recently.
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FBI says $10B lost to online fraud in 2022 as crypto investment scams surgedMore than $10 billion in losses from online scams were reported to the FBI in 2022, the highest annual loss in the last five years, according to a new report from the bureau.
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The Banking Crisis Is Not Crypto’s FaultSilicon Valley Bank, Silvergate and Signature all failed as a result of poor risk management and a subsequent bank run, gckaloudis argues, not because of crypto. Opinion for 'The Node' newsletter.
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Explaining the Signature Bank Collapse and Crypto Impact | CoinMarketCapThe past weekend saw the second most valuable stablecoin, $USDC, depeg as a result of banks failure, including Silvergate and Silicon Valley Bank. CMC discusses how and why Signature Bank collapsed, and the impact on the crypto industry.👇
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Bitcoin retreats to $24,000, and NYDFS says Signature closure not tied to crypto: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Gilbert Verdian of Quant reacts to the closure of Signature and Silvergate and what it means for crypto businesses.
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Crypto bank Anchorage Digital cuts 20% of staff amid regulatory uncertainty, market volatilityThe announcement came just days after regulators took control of crypto friendly Signature Bank and Silicon Valley Bank.
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Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: BloombergAnchorage Digital is laying off roughly 20% of its staff, or 75 people, owing to the ongoing downturn in digital assets, according to Bloomberg. By NelWang
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