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  • Republic First Bank closed by US regulators — crypto community reacts
    Cointelegraph.com News - 37 minutes ago
    Republic First Bank’s 32 branches across the United States will reportedly reopen under Fulton Bank starting next week. United States regulators have reportedly closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024.It has sparked debate among the crypto community amid Bitcoin (BTC), Ether (ETH), and several…
  • ‘Lost’ Yuga Labs restructures again, with layoffs, new executive
    Cointelegraph.com News - 5 hours ago
    The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project. Yuga Labs CEO Greg Solano had a “tough day,” he informed company employees in a message that he then shared with the world on X.…
  • Crypto Biz: X payment system, Block moves into Bitcoin mining and more
    Cointelegraph.com News - 5 hours ago
    This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared the future functionality of the…
  • John Deaton files amicus brief in support of Coinbase appeal against SEC
    Cointelegraph.com News - 6 hours ago
    The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space. The crypto lawyer currently running a Senate campaign to unseat Elizabeth Warren has filed a brief in support of Coinbase appealing a matter…
  • EU DeFi regulations set to welcome big banks, challenge crypto natives
    Cointelegraph.com News - 6 hours ago
    New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects. Inoming rules for decentralized finance protocols in Europe could raise significant barriers to crypto-native projects while encouraging licensed traditional financial institutions to get on board, predicts Marina Markezic,…
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