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 ...
News
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’...
Elon Musk Open to the Idea of Acquiring Struggling Silicon Valley Bank
20 seconds ago | 2 mins read Bitcoin News Elon Musk stated that he is open to the concept, which is an interesting reaction. Musk has articulated his plan to make Twitter the world’s preeminent financ...
Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder
Sam Bankman-Fried is a well-known figure in the cryptocurrency industry, having founded FTX in 2019. However, he found himself in legal trouble in 2022, when he was arrested and charged with market ma...
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 instability causes domino effect on DAI, USDD stablecoins
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $.3.3 billion of Circle’s ...
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...
MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam
Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VT...
Zodia Custody Registers as VASP in Luxembourg with CSSF
Zodia Custody announced its registration as a VASP in Luxembourg. The registration would help in attracting customers as Luxembourg is a premier center for the industry. John Cronin commented that the...
Pro-XRP Attorney Thinks Cramer Owes Americans an Apology After Championing SVB
California state regulators closed the bank yesterday in what is now described as the second-biggest banking failure in U.S. history. Attorney John E. Deaton has suggested that CNBC Mad Money host Jim...
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle is a Boston-based fintech company that provides payments and investment services using blockchain technology. USDC is a stablecoin issued by Circle and Coinbase, pegged to the value of the US d...
XRP Used as Solution by Blockchain Financial Service to Convert Funds During USDC Depeg
In the wake of the USDC depeg event, Austin, Texas-based blockchain financial service Reaper Financial, which focuses on acquiring and burning digital assets, has announced that it is converting the U...
Coinbase reassures customers on staking services amid SEC crackdown
In recent years, staking services have become increasingly popular among cryptocurrency investors. Staking refers to the process of holding and locking up a certain amount of cryptocurrency in a walle...
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...
Circle’s USDC Reserve Mishap Leads to Massive Sell-off
In May 2021, Circle, a fintech company that offers payment and trading solutions, revealed that it had discovered a massive discrepancy in its USDC reserves. Silicon Valley Bank, which was responsible...
DAI Depegs as Stablecoin Rout Plagues Crypto
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