Crypto bank Silvergate suspends preferred stock dividend
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1…
Coinbase fined €3.3M by the Dutch central bank
The Dutch central bank has fined the US-based crypto exchange on registration grounds. Coinbase has a significant number of customers in the Netherlands. Authorities claim the exchange was non-compliant between…
National Australia Bank creates stablecoin backed by Australian dollar
The Australian stablecoin will be called AUDN. It will be backed one-for-one by the Australian dollar. Users will be able to settle transactions using blockchain technology using the stablecoin. Despite…
Seba Bank launches NFT custody services
Seba Bank has launched a regulated Non-fungible tokens (NFTs) platform that will enable retail and institutional investors to store their Ethereum-based NFT collections like CryptoPunks and Bored Apes. The decline…
MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank
The $100 million DAI loan is the first collaboration between MakerDAO and a US… The post MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank appeared first on…
Ripple partners Travelex Bank to launch XRP-enabled enterprise payments in Brazil
Ripple’s partnership with Travelex Bank will see customers of the locally regulated bank benefit… The post Ripple partners Travelex Bank to launch XRP-enabled enterprise payments in Brazil appeared first on…