According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of ass...
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Crypto whales suffer huge losses due to USDC depeg, SVB collapse
In response to the extraordinary depegging event of the USD Coin stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales have reported severe losses and appear t...
Kazakhstan shuts down illegal crypto exchange, seizes $350,000
Kazakhstan has identified and shut down ABS Change, a platform that was illegally trading cryptocurrencies. Three Kazakhstani citizens have been charged with running the exchange, which has been opera...
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity – Bitcoin News
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0...
Dogecoin Whales Move 527,909,756 DOGE Amid Sustained Market Correction – Here’s Where the Crypto Is Going
Large Dogecoin (DOGE) whales are on the move, shifting over half a billion tokens as the crypto markets continue to see red. The whale-watching bot Dogecoin Whale Alert reports that deep-pocketed hold...
Privacy-focused Brave Browser Now Allows Selling Crypto Within Wallet
According to the business, the off-ramp solution supports 38 different cryptocurrencies. The new desktop browser feature is powered by crypto on-ramp company Ramp Network. On Friday, Brave, a web brow...
Will USDC’s Sudden Collapse Trigger Crypto Market to Crash? Here’s What to Expect from Top Assets
The world of cryptocurrency is known for its volatility, with prices rising and falling on a regular basis. However, the recent collapse of the USDC stablecoin has caused investors to fear that the en...
Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts
As the crypto industry continues to grow, it has faced increasing scrutiny from regulators around the world. Recent months have seen the collapse of several high-profile crypto-friendly banks, includi...
Banks down? That is why Bitcoin was created, crypto community says
Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community, leading many to come back to crypto roots, reviving the Bitcoin white paper p...
Presale Crypto DigiToads (TOAD) Gains Steam Despite The Crypto Crash
Guest Author Here’s how DigiToads (TOAD) is pioneering the concept of a ‘full-utility’ memecoin and addresses ongoing recession on crypto markets Contents Introducing DigiToads (TOAD), a meme coin of ...
Eddy Alexandre Pleads Guilty to Nearly $250 Million Crypto Fraud Scheme
Eddy Alexandre – a man in New York – entered a guilty plea in mid-February this year after conducting a crypto fraud scheme that stole nearly $250 million from assorted investors. Eddy Alexandre Plead...
Big eyes coin: presale don’t want stop to grow
SPONSORED POST* As the world celebrates International Women’s Day a survey has been conducted to honour the spirit of gender inclusion in the crypto market and to gather insights from those who inve...
Crypto Funds Confident Of USDC Recovery Amid SVB Contagion
USDC Coin Price News: The cryptocurrency market displayed signs of recovery amid concerns of liquidity issues stemming from the failure of two US banks — Silvergate and Silicon Valley Bank. But the d...
Crypto Twitter labels Senator Warren ‘tone deaf’ on crypto audits amid SVB meltdown
Ad U.S. Senator Elizabeth Warren’s latest tweet about “sham crypto audits” and holding auditors “accountable” has caused a furor among the Twitter crypto community. The community said the tweet was Wa...
Brevan Howard Acquires Dragonfly Capital’s Crypto Fund
Brevan Howard Asset Management has taken over a digital asset fund run by Dragonfly Capital. The takeover signals Brevan Howard’s push into the digital asset space. The new crypto fund will operate un...
United States lawmakers call for accountability from crypto auditors
U.S. Senators Elizabeth Warren and Ron Wyden are calling for more accountability from crypto auditors. The lawmakers are alleging that the sham audits by crypto auditors are responsible for the ongoin...
Missed Out On (DOGE) Or (SHIB)? Join the Crypto Elite With HedgeUp (HDUP) Presale
Advertisement     The popular meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), initially sold tokens at affordable prices and offered terrific returns. However, infus...
South Dakota Governor Vetoes Bill Supporting CBDC Over Crypto
South Dakota governor Kristi Noem has vetoed House Bill 1193. The bill changes the definition of money to exclude cryptocurrencies like Bitcoin and includes support of a central bank digital currencie...
Will the Ongoing USDC Depeg Worsen Crypto Winter Further?
10 seconds ago | 2 mins read Altcoin News 25% of Circle’s USDC cash reserves were managed by Silicon Valley Bank. The market cap of USDC crashed down over 14% in the last 24h. The second largest stabl...
Top Crypto Analyst Updates Outlook on Bitcoin (BTC), Solana (SOL) and Cardano (ADA) – Here Are His Targets
Widely followed analyst and trader Jason Pizzino is mapping out the path forward for three large-cap crypto assets. Starting with Bitcoin (BTC), Pizzino tells his 282,000 YouTube subscribers in a new ...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB
The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total deposits. Binance CEO mocked US critics as two ban...
Crypto and AI: the future of the lawyer’s role
One of these is that human beings might find a different role and position than we are used to today. So if, for argument’s sake, a machine were to be made that could give an ineluctably exact answer ...
Weird crypto quirk sees user turn $1.45 into $2 million
Amid the madness of the last 24 hours, with the USDC stablecoin depegging and fears over how much this will impact the wider crypto market, there was a peculiar trade that stood out. In it, one ...
Brevan Howard takes over Dragonfly Capital Crypto Fund: Bloomberg
Deals • March 11, 2023, 6:14AM EST Global asset management firm Brevan Howard is taking over a hedge fund spun off from crypto investment company Dragonfly Capital. Brevan Howard, which manages ...
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
Air pollution is a significant public health concern worldwide, and recent studies have found high levels of air pollution in major cities around the world. The issue is particularly prevalent in deve...
Circle’s USDC Reserves Remain Stuck at SVB, Raises Concerns Over Crypto Stability
Circle is one of the leading issuers of USDC, and the company has been on a mission to make it the preferred stablecoin in the cryptocurrency space. However, recent developments have raised concerns o...
Global AUM of crypto ETPs rose to $28 billion in February: Fineqia
The cryptocurrency market is seeing yet another rough patch as prices fall amid negative sentiment around collapsed crypto-friendly banks Silvergate Bank and Silicon Valley Bank. But the declines bein...
DAI Depegs as Stablecoin Rout Plagues Crypto
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SVB closure spurs a crypto crisis: Coinbase and Binance suspend USDC conversions
Just a day after covering Silicon Valley Bank stock (NASDAQ: SIVB) 60% dip after it announced it was raising funds to cover a loss it made after selling securities at a loss, the SVB closure is causin...
DeFi Altcoin Defies Crypto Downtrend, Surges 51% This Week Amid Skyrocketing Trading Volume
An under-the-radar decentralized exchange (DEX) altcoin jumped by 20% on Friday, defying a nearly universal crypto market downtrend. Kwenta (KWENTA) is a derivatives DEX that offers exposure to real-w...
Elon Musk Trolls Those Who Call Crypto a Scam as Two Major Banks Crash
Yuri Molchan Twitter boss Musk has posted another meme related to crypto and to two major banks that are shutting down Contents Elon Musk makes fun of crypto haters as two banks go down Bitcoin grows ...