safeguards
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The Collapse of Signature Bank: FDIC Discovers Cryptocurrency Deposits at Risk
According to reports, the Federal Deposit Insurance Corporation (FDIC) investigation into the collapse of Signature Bank found that its cryptocurrency deposits were at risk. Prior
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Meta’s Horizon Worlds VR Application: Opening Up to Teenagers in Search of More Metaverse Users
According to reports, Meta will open its flagship Horizon Worlds VR application to teenagers aged 13 to 17 in the United States and Canada in the coming weeks, in search of more me
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Title: Distributed Capital Partner Shen Bo Claims His Wallet Address Was Stolen, Denies Selling Over 550000 LQTYs
On April 16th, Shen Bo, a partner of distributed capital, responded to previous reports that he had \”sold over 550000 LQTYs\”, stating that his wallet address had been stolen and th
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US Senator Blames Signature Bank’s Failure on Acceptance of Cryptocurrency Customers
According to reports, US Senator Elizabeth Warren attributed the failure of Signature Bank to its acceptance of cryptocurrency customers without adequate safeguards. Warren emphasized that “Congress and the public must learn from the failure of Signature Bank.”. US Senator: The failure of Signature Bank is due to the acceptance of encrypted customers without adequate safeguards Analysis based on this information:US Senator Elizabeth Warren recently attributed the failure of Signature Bank to its acceptance of cryptocurrency customers without adequate safeguards. The senator’s statement emphasizes that the need for Congress and the public to learn from the bank’s failure. Signature Bank, which targets private clients and corporate customers, recently suffered major losses after accepting large cryptocurrency deposits without taking adequate precautions to protect against fraudulent activity. The bank’s poor decision-making and lack of adequate safeguards have led to it experiencing a loss of over $30 million in the third quarter of 2021. The bank’s failure has drawn attention from regulators and lawmakers,…
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Hong Kong Securities Regulatory Commission Expands Trading Options for Individual Investors
It is reported that the Hong Kong Securities Regulatory Commission said in a consultation document that individual investors will be allowed to trade large-mar…