Schiff’s Bank was shut down by Puerto Rico authorities for failing to meet the net minimum capital requirements. Due to the ensuing account freeze, customers were unable to access their accounts. Puerto Rico officials closed down the bank of renowned economist Peter Schiff, who is well-known in the sector for…

The NFT surge was fueled by a strong and optimistic crypto environment as well as a positive investor attitude. The crypto sector, however, was negatively impacted by the bear market in Bitcoin. In the year 2021, nonfungible tokens (NFT) gained popularity as A-list celebrities, influencers, and the sports sector eventually…

The case has been reported to legal enforcement, according to the NFT marketplace, and an investigation is currently in progress. The largest nonfungible token (NFT) marketplace in the world, OpenSea, has sent an alert to users after finding that a Customer.io employee had sent the list of OpenSea users’…

The FBI and two blockchain tracing and analysis firms are partners with Harmony, as per the project’s developers. According to blockchain data, the attacker responsible for last week’s $100 million Harmony network hack began transferring funds worth millions of dollars in cryptocurrency last night. The movement is recognized by Harmony…

The stock price of the US cryptocurrency exchange has dropped in line with the prices of Bitcoin, Ether, and the wider market for digital assets. Goldman Sachs analysts have lowered Coinbase Global Inc. (COIN) shares after the exchange’s core business was negatively impacted by falling cryptocurrency prices, highlighting the difficulties…

The Wall Street firm is looking for $2 billion in investor commitments to purchase distressed assets at heavy discounts if the crypto lender defaults. According to two people with knowledge of the matter, Goldman Sachs is seeking to acquire $2 billion from investors to purchase distressed assets from struggling crypto…

The primary bridge on the layer-1 blockchain connecting Ethereum, Binance Chain, and Bitcoin has reportedly been exploited for nine figures, but the bridge’s BTC bridge claims to be unaffected. A total of $100 million in altcoins have been obtained and exchanged for ether (ETH) via the Horizon Bridge to the…

The official Chinese national news media source cautions readers from acquiring and using Bitcoin by stating that Bitcoin’s value could drop to zero. With Bitcoin prices “heading to zero,” the Chinese government has gained from the sudden decline in the crypto market by alerting investors. On June 22, the South…

The crypto community’s attitude is at an all-time low, prompting new speculation that Bitcoin is on its way out. According to Google search statistics, falling Bitcoin (BTC) prices are reigniting growing concern about the leading cryptocurrency’s collapse. The number of Google searches for “Bitcoin dead” increased significantly in the week…