Tag: Faces

Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $ 4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker […]

Bitcoin’s Bullish Battle, Ethereum 2.0, BCH Faces ‘Slow Death’: Hodler’s Digest, Feb. 17–23

Bitcoin’s Bullish Battle, Ethereum 2.0, BCH Faces ‘Slow Death’: Hodler’s Digest, Feb. 17–23 In this week’s Hodler’s Digest, BTC’s two scenarios in the week ahead, new details about plans for Ethereum 2.0, and CZ talks about the upcoming Bitcoin halving Cointelegraph.com News

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $ 90 million worth of U.S. shares. Canaan shares initially sold for $ 8.99, but plummeted over 48% on December 16 to […]

Nordea Bank Faces Allegations of Laundering Russian Millions

Nordea Bank Faces Allegations of Laundering Russian Millions Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in […]

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict Mark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony […]

Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business

Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in […]