Owen Gunden, a Bitcoin pioneer, deposits last 2,499 BTC ($228M) to Kraken – Details

Owen Gunden, a Bitcoin pioneer, deposits last 2,499 BTC ($228M) to Kraken - Details

Bitcoin Market Update Bitcoin is currently trading under $92,000, and there’s noticeable selling pressure with market activity visibly slowing down. Fear seems to have swayed sentiment towards a bearish outlook, leading several analysts to suggest that BTC might be heading into a new bear market. Concerns are growing, especially with key support levels being lost […]

Hochul directs New York to provide SNAP benefits, with deposits possible starting today

Hochul directs New York to provide SNAP benefits, with deposits possible starting today

Governor Hochul Takes Action on SNAP Benefits Amid Shutdown New York’s Governor Cathy Hochul has instructed state agencies to start distributing SNAP benefits utilizing state resources, given that food stamp payments were halted for the first time during the longest federal government shutdown on record. The initial payment may be processed as early as Sunday, […]

Kraken suspends Monero deposits after a 51% attack

Kraken suspends Monero deposits after a 51% attack

Kraken Suspends Monero Deposits Following 51% Attack Kraken, a well-known cryptocurrency exchange, has temporarily halted Monero (XMR) deposits after a privacy-focused blockchain experienced a 51% attack that threatens its security. A 51% attack occurs when a single mining pool holds more than half of the total hash power in a blockchain network. This situation can […]

JPMorgan Chase and Coinbase Join Forces to Introduce a New Token for Institutional Deposits

JPMorgan Chase and Coinbase Join Forces to Introduce a New Token for Institutional Deposits

The largest bank in the U.S., JPMorgan Chase, has recently made a notable entry into the cryptocurrency market by introducing its own digital currency, called JPMD. Announced on Tuesday, the bank aims to pilot JPMD in partnership with U.S.-based cryptocurrency exchange Coinbase, illustrating its commitment to innovation in finance. A new era of deposit tokens? […]

Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker

Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]

Capital One dealing with service disruption, mostly related to deposits – ABC News

Capital One's service continued to be disrupted on Friday, with some customers complaining that they couldn't see their deposits. As of 8:04 a.m. ET, there were about 3,400 reported outages, according to Downdetector. This is up from about 2,100 cases reported early Thursday. Most of the complaints seem to be coming from the eastern half […]