Web3.0 [email protected] will be held from April 7-9, 2023, at the University of Hong Kong. Themed “Into the Socialverse,” this event will be a genesis hackathon that focuses on the web3 social applic...
News
Multiple Portfolio Companies Withdraw Funds from Silicon Valley Bank
Crypto venture capital firms advised their portfolio companies to pull their investments from American commercial bank Silicon Valley Bank (SVB). Specifically, five crypto-focused venture capital inve...
BTC struggles below $20,000 for the first time in two months
Today’s Bitcoin price analysis shows BTC is continuing to turmoil below the $20,000 mark. Bitcoin’s price fell to its lowest since mid-January on March 10, plunging from $21,000 to just $19,900. The d...
LTC price stumbles at $71.21 as bearish momentum continues
Litecoin price analysis confirms the bearish trend for today, as the selling pressure increases on the coin. The digital asset dropped by roughly 12.35 percent for the last 24 hours, and the LTC/USD p...
Circle’s USDC Reserves In Hot Water As Records Show Exposure To Silicon Valley Bank
On Friday, the prominent Silicon Valley Bank, which served as the go-to bank for venture capitalists and startups, got shuttered down by the California Department of Financial Protection. Although not...
Bitcoin Price Outlook for March – Market Updates Bitcoin News
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major ca...
U.S. government appeals Voyager-Binance.US sale
Ad The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9. Two government agencies filed the appeal: th...
Bitcoin (BTC) Price Analysis, What Does This Mean For Polygon…
Bitcoin (BTC) has been trending for the past two weeks following consecutive price increases, which took Bitcoin (BTC) to highs of $24,982. Although the Bitcoin (BTC) value has since declined, investo...
Crypto-friendly bank Silicon Valley Bank shut down by California regulator
On March 10, the California Department of Financial Protection and Innovation (DFPI) ordered Silicon Valley Bank, a major financial institution for venture-backed companies, to be closed—making it the...
Huobi Token flash crashes, recovers quickly- Is there more than meets the eye
HT token fell precipitously but soon regained ground during Thursday (9 March) trading hours. About $2.55 million worth of long positions were liquidated on Thursday. Huobi Token [HT], the native toke...
Bloomberg Expert Expecting Ruling in Coming Months
Alex Dovbnya Stein expects a ruling on the summary judgment motions in the first half of this year During an appearance on Laura Shin’s “Unchained” podcast, Elliott Z. Stein, a Bloom...
Bitcoin falls to $20,000, leads drop in crypto prices as JPMorgan remains negative on crypto
Crypto prices continued to trade down driven lower by the latest U.S. banking casualties and worsening market sentiment. Bitcoin was trading around $19,990, down 5% in the past 24 hours, according to...
Wells Fargo Customers Report Issues With Online Bank Accounts
Wells Fargo News: Even as the biggest US banks faced the heat due to the closure of California’s Silicon Valley Bank, customers of major bank Wells Fargo reported facing issues in their online bank ac...
Swift Successfully Completed Testing for CBDC Cross-Border Use
Swift’s CBDC sandbox tests with 18 central and commercial banks show clear value in their solution. The solution enables interoperability with CBDC networks and existing systems for cross-border payme...
BeInCrypto CEO Shares Insights on Entrepreneur Podcast
Alena Afanaseva, CEO and co-founder of BeInCrypto, will participate in the Andrew Medal’s Action and Ambition podcast on Entrepreneur. The podcast ranks in the top 50 list on iTunes with an average o...
AAVE DAO votes for ‘rescue plan’ to save lost tokens
Some AAVE users who accidentally sent tokens to the wrong address may soon be able to recover them, according to the text of a proposal passed by the AAVE decentralized autonomous organization (DAO) o...
Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader
A Republican House leader says Congress will shape the future of Bitcoin (BTC) and cryptocurrency in the US – not the White House. House majority whip Tom Emmer is outlining a list of pro-crypto propo...
US Crypto Exchanges Could Face Class Action Lawsuit: Reports
According to a March 9 Fox Business report, the next salvo in Uncle Sam’s war on crypto could be a massive class action lawsuit filed on behalf of retail investors against top exchanges. The outlet re...
New U.S. EB-5 Investor Immigrant Program Ready To Meet Challengers
The U.S. EB-5 program is emerging as a good program for investors who would like to immigrate to the … [+] United States. getty Now that the EB-5 Reform and Integrity Act has revised the U.S. in...
Thailand To Ban Crypto Staking And Lending? Here’s What We Know
Regardless of the condition of the crypto market, regulators are still leaving their mark in the industry using their respective power. On March 8, Thailand’s Securities and Exchange Commission (SEC) ...
House Conservatives Propose Spending Cuts
Topline The right-wing House Freedom Caucus wants to slash President Joe Biden’s student loan bailout program, rescind all Covid-19 funding and cap future federal spending over the next 10 years at fi...
Judge Says Flip Phone And Restricted Laptop May Still Be Too Lenient For Bail Measures
Topline A federal District Court judge in New York said Friday he was not satisfied with a proposal from prosecutors to restrict former billionaire Sam Bankman-Fried’s internet use while the disgraced...
South Dakota governor vetoes bill excluding cryptos from definition of money
South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified ...
Ethereum price analysis: Bearish drives ETH below $1,500 after a strong market crash
The latest Ethereum price analysis indicates a strong bearish sentiment in the market. ETH/USD pair has been on a downward trajectory since the start of this month and is now nearly 10% down from its ...
Wakanda Forever’ Explained By The Team That Made It Happen
HOLLYWOOD, CALIFORNIA – OCTOBER 26: Letitia Wright attends Marvel Studios’ “Black Panther 2: Wakanda … [+] Forever” Premiere at Dolby Theatre on October 26, 2022 in Holly...
Just how big is Silicon Valley Bank
Silicon Valley Bank (NASDAQ: SIVB) stock did not open for trading Friday morning after regulators closed the bank. The troubled institution was seeking a sale of itself but a major bank-run by custome...
Solana Coin Sees a 14% Relief Rally Before The Next Bear Cycle Begins
Published 14 seconds ago SOL Price Prediction: Starting from mid-January, the Solana coin traveled a sideways trend for the last few months, resonating between the $26.8 and $20 levels. However, with ...
Crypto Trader Analyzes Bitcoin and Chainlink, Says Current Stress Test Is Better for the Long Run – Here’s Why
A widely followed crypto analyst is expecting the current stress test on the digital assets market will be better for crypto in the long run. Crypto analyst Michaël van de Poppe tells his 651,000 Twit...
South Dakota gov vetoes bill excluding crypto from definition of ‘money’
Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies. In a March 9 notice to South Dakota house s...
Biggest Bank Failure Since Great Recession Sparks ‘Overblown’ Fears Of Contagion—But Big Lingering Risks Remain
Topline The sudden collapse of startup lender Silicon Valley Bank—which has culminated in the biggest bank failure since the Great Recession—has wreaked havoc on stocks and sparked fears of a potentia...