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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume ...
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Ethereum price declined on Friday, touching at an intra-day high of $3164 before shedding 0.85 to trade at $3128 at the time of writing. Traders have adopted a risk-off approach to crypto assets in the last one month, and that sentiment has not changed one week after the Bitcoin halving event. While some analysts attribute this to the fact that Bitcoin ...
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The U.S. Securities and Exchange Commission has filed fraud charges against Texas-based crypto mining and hosting company Geosyn and its two co-founders Caleb Ward and Jeremy McNutt for alleged engagement in a $5.6 million fraud case. “Almost everything that Defendants represented about Geosyn’s miner purchases and operations contained some element of ...