Abra settles with Texas regulators, allowing 12,000 investors to withdraw $13.6 million in previously frozen funds. The resolution follows regulatory actions over alleged securities violations.
Xu LinThe Texas State Securities Board filed enforcement actions against various entities collectively known as Abra.
TheBlockVolumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
CoindeskThe FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
CryptoSlateSignet, the payment network widely used by Web3 businesses, still remains under the FDIC control.
BeincryptoSignature Bank has found a buyer after a week long financial odyssey, the New York Community Bancorp, Inc.
CryptoSlateThings are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty.
cryptopotatoThe company did not say whether it plans to submit a bankruptcy filing.
CryptoSlateA stablecoin is a cryptocurrency that has its prices pegged to that of different assets, often to fiat currencies.
OthersCryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright.
Cointelegraph