The issuer of the second-largest stablecoin Circle has stated that it held an undisclosed portion of its $9.8 billion cash reserves at the failed Silicon Valley Bank as of 17th January 2023. Circle S...
News
Robert Kiyosaki warns 3rd U.S. bank to crash, Peter Schiff says ‘bigger collapse’ ahead
The United States financial system has been rattled by the collapse of Silicon Valley Bank (SBV) and Silvergate Bank within 48 hours as economic uncertainty prevails. Therefore, some financial sector ...
USDC Stablecoin Loses Dollar Peg Following Collapse of Major Banking Partner ⋆ ZyCrypto
Advertisement     USDC stablecoin lost its peg to the dollar early Saturday, dropping as low as $0.84 moments after the descent of Silicon Valley Bank, a major banking...
17th Edition of Digital Transformation Summit: Qatar
Exito, having successfully organized 15+ editions of the Digital Transformation Summit globally, is now preparing to host another significant event that provides an excellent opportunity to “Future-Pr...
DigiToads between analysts picks for March- The Cryptonomist
SPONSORED POST* Top Crypto Picks for March 2023 With the rapid evolution of the digital economy, it’s no surprise that savvy investors are looking to the latest technologies to grow their wealth. Ma...
Senator Warren slams fake audits amid SVB collapse – Cryptopolitan
United States Senator Elizabeth Warren has hit out at the fake audits currently ongoing in the crypto market. In a statement released by Senator Warren and Wyden, the lawmakers tasked the oversight bo...
Near House by Supermoon Drives Collaboration Between Near Protocol builders During ETH Denver
Supermoon Camp successfully organized Near House ETH Denver, bringing together 20 selected builders and founders from the Near ecosystem for an 8-day “Stay Together, Build Together” experience. Near ...
Life Lessons And 17 Stock Ideas From Billionaire Value Investor Mario Gabelli
The Bronx-born mutual fund maven illustrates the value of education and hard work, and offers a trove of his best ideas for the current market. The old cynical adage that holds that the best way to en...
Dow Plunges Nearly 1,500 Points In Worst Week Since June As Bank Stocks Collapse
Topline Major indexes fell on Friday as bank stocks struggled following the sudden collapse of one of Silicon Valley’s biggest lenders, which launched a failed bid to help shore up cash during t...
Two U.S. SEC Commissioners Blast Their Own Agency for Rejecting VanEck Bitcoin Exchange-Traded Fund Application
Two commissioners at the U.S. Securities and Exchange Commission (SEC) are putting their own agency on blast after the regulator batted down another Bitcoin (BTC) exchange-traded fund (ETF) applicatio...
Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?
Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin shakes off ...
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 ...
No Exposure to Collapsed Silicon Valley Bank
Binance CEO Changpeng ‘CZ’ Zhao said on March 10 that the exchange has no exposure to the embattled U.S. bank Silicon Valley Bank (SVB). The disclosure had become necessary after reports emerged that ...
Circle’s USDC Reserve Exposure and Potential Risks
Circle is one of the largest issuers of stablecoins, with USDC being the second-largest stablecoin in circulation. As of January 31, 2022, the circulating supply of USDC was $42 billion. Stablecoins a...
Bitcoin Crash: Derivative Traders Lose $202 Million In 24 Hours
The crypto market suddenly turned red on March 10 in the year’s worst sell-off. Bitcoin slipped below $20,000 for the first time in three months, and the market sentiments are bearish. The aftermath o...
Erik Ten Hag Admits Concerns With David De Gea’s Kicking
MANCHESTER, ENGLAND – MARCH 09: Manager Erik ten Hag and David de Gea of Manchester United walks off … [+] after the UEFA Europa League round of 16 leg one match between Manchester United ...
South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money
South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state’s Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies and other digital assets fro...
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 ...
Bitcoin: Fall of Silicon Valley Bank might be a silver lining for BTC, here’s why
USDC has seen increased swaps as more Bitcoin leaves exchanges. BTC volume reaches almost a three-month high as transactions go up. Fear, uncertainty, and doubt (FUD) about Bitcoin stemming from the c...
Aave DAO Passes Proposal to Recover Lost Tokens
The Aave decentralized autonomous organization (DAO) has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost tokens for some users who mistakenly sent them to certain token...
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 ...
What is ethical hacking, and how does it work?
Ethical hacking, also known as “white hat” hacking, is the process of identifying and exploiting vulnerabilities in a computer system or network in order to assess its security and provide recommendat...
Dogetti: secret promo code – The Cryptonomist
SPONSORED POST* One can possibly get filthy rich by investing in crypto. However, it is also important to know that there are a lot of risks involved in crypto investing. Some of the best coins to i...
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied a proposal by investment manager VanEck for the creation of a spot Bitcoin trust, a financial product that would allow investors to trad...
Ripple Holds Above $0.36 For Possible Rebound
Mar 11, 2023 at 07:37 // Price Ripple (XRP) is in a downtrend as it is below the moving average lines. Long term forecast for Ripple price: bearish On March 8 and 9, traders engaged in a price w...
Both Binance and Coinbase Temporarily Suspend USDC Conversions
10 seconds ago | 2 mins read Exchange News Binance said it will halt USDC conversion to USD over the weekend. Circle said that Silicon Valley Bank still has $3.3 billion underpinning USDC. The two lea...
SEC rejects VanEck’s spot BTC ETF application, yet again
The U.S. SEC on 10 March rejected the investment manager VanEck’s application to create a spot Bitcoin exchange-traded product (ETP). The SEC alleges that no exchange has so far demonstrated its fund’...