Are Brokerages Safer Than Exchanges For Crypto? | M1 Finance Interview Aug 03, 2022

With the recent meltdown of crypto exchanges and custody apps such as Voyager (and Celisus) trapping customer funds (particularly USD holdings) users have been searching for safer centralized exchanges. Traditional brokerage accounts may hold certain assurances over crypto apps. M1 Finance is an...

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Voyager Ordered To Stop Lying in 2 Days | Crypto Turmoil Weekend Outlook Jul 29, 2022

It’s been 20 days since an investigation was launched into crypto lender Voyager Digital’s marketing of its deposit accounts to users. In a statement on Thursday, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board said they jointly issued a letter to...

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FDIC Investigates Voyager Marketing Tactics | U.S. Crypto Regulation Looming Jul 12, 2022

Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and lender filed for bankruptcy Tuesday. This could mean additional consequences for Voyager Digital. According to The Wall...

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Liquidations Are The New Crypto Measuring Stick Jul 07, 2022

The Block’s article says that according to Cumberland, the crypto trading firm, that the cryptocurrency market recovery will be determined by the speed with which distressed assets can be transferred to secure companies. QCP Digital also has concerns about liquidations.

In order to offset...

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Crypto Lending Firm Celsius Major Staff Layoffs Plus Update Jul 06, 2022

Celsius Network the cryptocurrency lender has fired 150 employees as per the article in Cryptonews.com. It says that per the Israeli media outlet Calcalist, Celsius has previously “hired restructuring consultants and lawyers to make organizational changes to the company amid its financial...

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FDIC Insurance is FAKE! | Safest Crypto Exchanges Checklist Jul 05, 2022

Crypto exchange Voyager Digital recently announced the suspension of trading, deposits, and withdrawals due to difficult market conditions amid a deepening meltdown in the troubled cryptocurrency market. Although Voyager has long claimed your USD assets are FDIC insured, that may turn out to be...

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More Crypto Meltdowns Likely Says Pantera Capital CEO | Bitcoin Update Jun 30, 2022

Dan Morehead of Pantera Capital claims that the Federal Reserve has been making serious mistakes for far too long and that these errors are now having an impact on the cryptocurrency market, where further "major meltdowns" are likely to occur. Morehead cites the collapse of Terra as an example of...

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Bitcoin Taking Over BCH & BSV + Three Arrows Capital Liquidated | Bitcoin Sentiment Update Jun 29, 2022

Bitcoin Cash, also known as “Bcash” by those critical of the coin’s ethos and future, gained notoriety in 2017 when it became the first major hard fork of the Bitcoin network to take on BTC itself. Bitcoin Cash (BCH) prices sank on Wednesday after Roger Ver, a major advocate of...

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Bitcoin Custody Crisis: Exchanges & Banks vs. Self-Custody | Cory Klippsten Interview Jun 28, 2022

On this episode, we're joined with Swan Bitcoin CEO Cory Klippsten a reknown Bitcoin maximalist who predicted the downfall of Terra Luna and now Celsius. With traditional banks circling around struggling crypto exchanges the battle for retail Bitcoin custody begins. What will emerge as the most...

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It's Not Over, More Crypto Pain Coming | Crypto Companies Struggle For Survival Jun 27, 2022

Crypto Firms remain on high alert during market uncertainty as 3AC Defaults. Grappling with volatility, crypto firms are halting withdrawals, carrying out emergency assessments and preparing for a bear market. On this episode, were taking a look at recent Celsius drama, Voyager struggles, BlockFi...

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Voyager & Coinbase at Risk? | Investor Roundtable Millionaire Mentality + Diamond Hands Investing Jun 24, 2022

Voyager Digital announced Wednesday that it would drop its daily withdrawal limits from $25,000 to $10,000. The firm cut its withdrawal limits and received a $500 million bail-out package from Alameda Research to shore up its finances after revealing the extent of its exposure to 3AC, which...

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A Liquidity Crisis at Celsius Could Bring Possible Market Contagion Jun 24, 2022

Swan Bitcoin chief executive officer, Cory Klippsten fears that Celsius Network’s liquidity crisis as well as other centralized crypto lending platforms could be the beginning of a much larger collapse in the crypto lending space. Klippsten has been a critic of centralized lending platforms...

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