Tag: shutdown
Congress Embarks on Spending Battle as Shutdown Looms at End of September
Congress is poised this week to dive into an epic fight over spending, as the Senate for the first time in years puts appropriations bills on the floo [...]
McCarthy Tries to Leverage Biden Impeachment to Avoid a Shutdown
Facing the prospect of a politically damaging government shutdown within weeks, House Speaker Kevin McCarthy is offering a new argument to conservativ [...]
Schumer and McCarthy Agree Stopgap Spending Bill Necessary to Avoid Shutdown
Members of the hard-right Freedom Caucus said in July that they would not support a stopgap funding bill to keep the government running in the fall. “ [...]
Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-c [...]
Trump Indictment Presents New Obstacle in Spending Fight as Shutdown Looms
The political furor over the indictment this week of former President Donald J. Trump over his efforts to overturn the 2020 election is spilling into [...]
U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl from China
“Unfortunately, that is a mode that some of these precursor manufacturers and illicit drug organizations have used – the receipt of bitcoin payments i [...]
On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023
Oliver Linch, chief executive officer of cryptocurrency exchange Bittrex Global, has pushed back against the United States Securities and Exchange Com [...]
Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown
Cross-chain bridge platform Ren Protocol has announced that FTX, Alameda and their affiliates that acquired the platform in 2022 have authorized and d [...]
Paxful shutdown hits Nigeria harder than the rest of the world, here’s why
The shutdown of the peer-to-peer (P2P) cryptocurrency marketplace Paxful has left its worldwide community searching for alternatives, but it appears t [...]
Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown
“As of March 27, 2023, Kraken clients will no longer be able to use ACH deposits and withdrawals through Silvergate,” the company told CoinDesk in an [...]
USD/ZAR Pauses Ahead of National Shutdown & FOMC
South African Rand Dollar Forecast:USD/ZAR pauses at historical resistance – systemic risks remain high with FOMC on tap.US Dollar recovers against th [...]
Signature Bank Shutdown Caused by ‘Crisis of Confidence’ in Leadership, NYDFS Says
"The decisions made over the weekend were not crypto related," the spokesperson said. "Signature was a traditional commercial bank with a wide range o [...]
Circle’s USDC Stablecoin Endures $1B Net Redemptions Since Silicon Valley Bank Shutdown, Nansen Data Shows
USDC is the second-largest stablecoin, trailing only Tether’s USDT, and a backbone of the crypto ecosystem. The token’s value is backed by U.S. govern [...]
Bitcoin BTC Price Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
“This remains a tough environment for crypto given the fallout from Silvergate Capital, so bitcoin could see further selling pressure test the $20,000 [...]
Silvergate reportedly talks with FDIC on ways to avoid shutdown
United States banking regulators have reportedly been sent to Silvergate's headquarters in La Jolla, California — looking for ways to save the crypto- [...]