Anchorage Digital Will Reduce its Workforce By 20%
Crypto bank Anchorage Digital has announced it would be cutting its workforce by 20%, or 75 employees.
ETH Large Holders Move $357 Million in Minutes
On March 12, Whale Alert recorded multiple large transactions involving Ethereum and altcoins worth a total of approximately $357 million.
US Excongressman Believes Regulators Let Banks Know Cryptocurrencies Are Toxic
Signature Bank was reportedly able to resolve their outflow of deposits by the time the New York state regulator had chosen to close the financial institution.
Ark Invest Spends $7M to Buy Shares of Jack Dorsey’s Block
Ark Invest funds have acquired 92,165 shares of Jack Dorsey’s Block for a reported $6.4 million, with ARK Innovation ETF (ARKK) buying the most (77,991 shares).
Meta Halts NFT Initiative
Meta is winding down its support of non-fungible tokens (NFTs) on its social media platforms, Facebook and Instagram.
Coinbase Resumes USDC Exchange for US dollars
Coinbase has resumed operations for the exchange of USDC stablecoin for the US dollar.
OKCoin Suspends USD Deposits
OKCoin has announced it has temporarily stopped accepting dollar deposits due to banking sector issues.
