Crypto-Friendly Silvergate Bank IPO Debuts on NYSE

The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp, Kraken, and Bittrex. The bank has attributed significant growth to its crypto business. Also read: 23 Central Banks Divulge Their Digital Currency Requirements Silvergate Bank’s IPO The U.S. SEC declared the initial public offering (IPO) of crypto-friendly Silvergate Bank effective on Wednesday. Its common stock subsequently…

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Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements

International banking regulator the Basel Committee is working to establish how much capital lenders should hold to cover the risks generated by crypto exposure. Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies. Business Reporter published the news on Nov. 7 that the Basel Committee — which includes banking regulators from the United States, Europe and Japan — agreed to publish a paper on the prudential treatment of crypto assets.…

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Gaming Rewards Firm Partners With Blockchain-Based Streaming Platform DLive

Blockchain-based rewards and marketing company Refereum partners with streaming platform DLive to reward gamers for creating and watching content. United States blockchain-based rewards and marketing company Refereum has announced its latest partnership with decentralized streaming platform DLive to reward gamers for creating and watching content. According to a press release shared with Cointelegraph on Nov. 7, Refereum’s partnership with one of blockchain’s largest streaming platforms, DLive, will enable users to earn rewards for live-streaming games. DLive is reportedly the first blockchain-powered streaming service to join the Refereum platform, alongside Twitch…

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Congressional Hopeful Agatha Bacelar Talks Silk Road on the Bitcoin.com Podcast 

“It’s clear that the political establishment wants to hold back a future where economic freedom is afforded to all.” This excerpt from Congressional hopeful Agatha Bacelar’s campaign donation page echoes what many within the cryptosphere have been saying ever since Satoshi Nakamoto dropped the Bitcoin whitepaper in 2008 – and what many libertarians have been trumpeting for decades. Also read: FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’ Bacelar Lays the Smackdown The fact that Bacelar, who has set her eyes on House Speaker Nancy Pelosi’s seat in the…

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Tether Refutes Paper Naming USDT Manipulation as Cause of 2017 BTC Bull Run

Tether fires back at forthcoming paper that alleges that a single whale using USDT was responsible for Bitcoin’s 2017 bull run. Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price. The response Tether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, an announcement that crypto exchange and sister company Bitfinex echoed on the same day. In no uncertain terms, Tether denied the…

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Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder

Co-founder of Riot Games Marc Merrill had his identity stolen by a Singaporian national who used Merrill’s personal information to illegally access $5 million worth of computing power. The millionaire game developer, Marc Merril, was a victim of the Singaporean man who stole identities to utilize Amazon Web Services’ and Google cloud computing power for crypto mining. A case of stolen identity In a recently unsealed court filing on Nov. 7, Forbes discovered that Marc Merrill, the co-founder of Riot Games,  was the previously anonymous victim of Singaporian national Matthew…

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Ridiculous Crypto Regulations Are an Enemy of Bitcoin

One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering (AML) laws. Despite the fact that many cryptocurrencies were designed to avoid these invasive practices, KYC and AML guidelines bolstered by political parasites and their followers have perverted the original crypto-anarchist ideologies espoused by the cypherpunks. Also Read: Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia KYC/AML Are the Real Cryptocurrency Scams When people talk about scams in the cryptocurrency industry they usually look at a certain project…

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FBI: Crypto Is A “Significant Problem That Will Get Bigger And Bigger”

Director for the Federal Bureau of Investigation Christopher Wray said that cryptocurrencies present a significant and growing problem for the intelligence agency. Director for the Federal Bureau of Investigation (FBI) Christopher Wray testified before the Senate Homeland Security Committee at a hearing on security threats facing the United States. On Nov. 5, during the hearing before the U.S. Senate Committee On Homeland Security And Governmental Affairs, senators asked leaders from the FBI, Department of Homeland Security and the National Counterterrorism Center questions on topics including counterterrorism efforts, foreign influence in…

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Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE

Silvergate Capital (NYSE:SI) celebrates its IPO day and launches shares trading on the NYSE on Nov. 7. Shares of pro-crypto Silvergate Bank were launched for trading on the New York Stock Exchange (NYSE) on Nov. 7. Silvergate celebrates IPO day Silvergate Capital (NYSE:SI), a California-based commercial bank focused on digital currency businesses, is now officially listed on the NYSE, opening at $12.75, the NYSE tweeted Nov. 7. In conjunction with the event, Silvergate is celebrating its initial public offering (IPO) day today, according to the NYSE. The news follows Silvergate…

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FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern that’s “going to become a bigger and bigger one.” Also Read: Crypto Secularizes Wealth by Returning Power to the People What Mitt Doesn’t Know Might Affect Crypto As more nations begin to experiment with or talk about development of their own central bank digital currencies (CBDCs), and regulation of…

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