Crypto panic sparked a deposit run on Signature Bank, former Rep. Barney Frank said, but he argues that the bank had already stabilized before New York state regulators stepped in to close the crypto-...
News
ETH Staking Not an Investment Scheme, ConsenSys Execs Argue
Staking rewards are compensation for services to keep the Ethereum network secure, ConsenSys executives said Monday in a blog post that argued the process should not be confused with an investment.&nb...
Shiba Inu Leads on Certik Top 10 Watched NFT Projects
The development comes shortly after Shibarium beta was released following months of anticipation. Shiba Inu recently secured the top position on Certik’s top 10 watchlisted NFT projects. This developm...
DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit
Defi News It is still unclear what vulnerability was exploited to launch the assault. The attacker employed a chain of six separate flash loans. According to audit platform BlockSec, the decentralized...
Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
Ad Lebanese are starting to disconnect and give up on Helium boxes as the cost of keeping them online has become increasingly unsustainable and unprofitable, Wired reported. Lebanon has become a hotbe...
Cardano (ADA) Trades Inside Crucial Resistance at $0.33
The Cardano (ADA) price has broken out from a short-term diagonal resistance but has yet to reclaim the main resistance area at $0.33. Cardano’s founder, Charles Hoskinson, made news by stating that a...
HedgeUp: best alternative investment platform
SPONSORED POST* The cryptocurrency market started 2023 with a strong performance as the values of various digital assets rose due to moderating inflation rates. Despite this positive trend, crypto a...
Something broke, but the Fed is still expected to go through with rate hikes
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress, in Hart Building ...
Countdown To The All-New PrimeXBT Crypto Futures Platform
PrimeXBT is an innovative trading platform that is always ahead of the latest trends in finance and across crypto. In the latest evolution of the brand, the award-winning PrimeXBT is almost ready to d...
Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown
Okcoin, the U.S. affiliate of cryptocurrency exchange OKX, announced on March 13 that it had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Okcoin CEO Hong Fang stated that ...
Ethereum: Shanghai withdrawals and recent updates for ETH holders
With Ethereum’s Shanghai upgrade, the $28 billion worth of staked ether will start to become available in a few weeks. Due to the high yield, around 17.5 million ETH have been invested in self-hosted ...
U.S. Banking Crisis Sparks Boom In Bitcoin Price & Crypto Stocks
On Monday, the value of major cryptocurrencies increased in the wake of plans shared by the United States government to protect depositors at Silicon Valley Bank and Signature Bank. Bitcoin’s price cl...
Updated Bitget’s Shark Fin Product Gives Industry-Leading 5% APR
Shark Fin becomes the high-yield product with the highest APR in the market. The updated version launched by crypto derivatives exchange Bitget is now providing risk-averse investors with a 5% yield. ...
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum – Bitcoin News
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryp...
Crypto investment products see largest outflows on record amid SVB collapse
Cryptocurrency investment products lost 10% of assets under management last week as institutional investors rushed for the exit during the latest episode of market volatility prompted by the Silvergat...
Bitcoin Miner Stocks Surge Amidst Banking Meltdown
The extent of the mining sector’s exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now s...
XRP Shows Phenomenal Result Amid Largest Weekly Funds Outflows Ever
Gamza Khanzadaev Traditional investors show abnormal interest in XRP despite outflows totaling hundreds of millions of dollars According to CoinShares’ latest weekly report on funds flows into c...
America Lost An Hour Of Sleep Switching To Daylight Saving Time — Here’s How Sleep Loss Affects Your Health
Topline Most people in the United States lost an hour of sleep this weekend as clocks sprang forward into Daylight Saving Time, a disruptive biannual shift experts warn is harmful and adds to an alrea...
Messari’s Ryan Selkis: “Crypto Won’t Die Under Federal Pressure”
Ryan Selkis recently highlighted the crackdown on crypto by federal agencies in the U.S. Selkis believes that the crypto industry will not succumb under Federal pressure. The four big banks in the U.S...
OKCoin pauses USD deposits following Signature Bank collapse
Crypto exchange OKCoin has halted U.S. dollar wire deposits in response to Signature Bank’s collapse while adding that the company had zero exposure to Silicon Valley Bank (SVB). OKCoin reacts to Sign...
Bud Grant Set The Standard For The Vikings That Has Never Been Matched
MINNEAPOLIS, MN – CIRCA 1970’s: Head Coach Bud Grant of the Minnesota Vikings goes over a play with … [+] his team during a practice late circa 1970’s. Grant was the head coach...
Bitcoin Dominates Bank Stocks Amid String of Failures
Bank stocks are crashing, not just in the US, but around the world. Bitcoin, meanwhile, is surging. In fact, bitcoin (BTC) is now easily outperforming practically all top US bank stocks year to date, ...
A Dark Day For Silicon Valley Bank Is Bitcoin’s Time To Shine
(Photo by Chesnot/Getty Images) Getty Images BitcoinBTC , the digital currency that has long been viewed with skepticism by the financial establishment, is having its moment in the sun. Following the ...
Insider Trading? Early SHIB Trader Nets $4M+ Trading ETH During USDC De-pegging
Lookonchain disclosed that the unknown investor’s funds are now parked in USDT across the 15 addresses. An early Shiba Inu investor and trader recently bagged over $4 million in profits from trading E...
Trading of Several Banking Stocks Halted Due to Extreme Volatility
Bitcoin News The news follows today’s comments by President Joe Biden regarding closure of SVB. The crypto market on the other hand rallied. With the weekend’s news of the closure of a Silicon Valley ...
Fifth week of losses in crypto investment products sees $255M withdrawals
Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount...
Bitcoin Rises as Biden Calls for Tighter Bank Regulations After SVB
President Joe Biden said anyone with deposits at Silicon Valley Bank and Signature Bank would have access to their money today. He emphasized that taxpayers will not pay for the funds regulators will ...
Swift: brings together 18 Central Banks
Swift’s CBDC and the 18 banks encouraging its development Swift is implementing the beta version of the Central Bank Digital Currency (CBDC), together with the support of 18 central and commercial ban...
Which Will Offer Better Returns?
The success of the cryptocurrency industry in the past can be attributed to many successful projects that have performed well in the market. Cryptocurrency investors have benefited the most from this ...
Monero price defends $130, Will XMR price reach $180 again?
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