A crackdown on digital assets companies is reminiscent of “choke point” targeting of gun sales, Fed Governor Jerome Powell was told.

The decline comes as New York Attorney General referred to ETH as security in its lawsuit against the cryptocurrency exchange KuCoin.

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said.

Pressure on the U.S. banking system is questioning whether the Fed can push ahead with such an aggressive tightening cycle, analysts at ING said.

A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead.

Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, the report said.

The app, codenamed P92, will be a standalone product for sharing text updates

A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens.

Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear.

A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs