After US banks fail, contagion heads to European banks – smaller banks begin to fold

Quick Take Credit Suisse share price hits a record low — $2.19, a pre-market low of over 12%. The problem for Credit Suisse is that it cannot cover deposit flights and borrow money in the markets. Acc...

State Street Sees Moody’s US Banking Cut ‘Terrible Overreaction’

(Bloomberg) — The head of one of the world’s largest asset managers called Moody’s Investors Service’s outlook cut for the US banking system “a terrible overreaction” and said regulators had rea...

Adidas and Callaway join forces on metaverse

Adidas and Callaway have joined forces with Play Today, a unique golf metaverse to bring a new level of immersion and interactivity to golf fans around the world. The metaverse will launch with the NS...

More Fed Action May Come

A big rally has dominated the crypto market following the recent US CPI report. Inflation eases slightly again, but does this mean the Fed will decrease interest rates? The Bureau of Labor Statistics ...

Blockchain startup Tari Labs wins restraining order against Lightning Labs over Taro protocol

Blockchain startup Tari Labs has won a temporary restraining order against bitcoin developer Lighting Labs’ Taro protocol. Lightning announced the protocol in April of last year. It aims t...

KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer. KuCoin Ventures has led a $10 million inv...

European Stocks, US Futures Slip on Rate-Hike Bets: Markets Wrap

(Bloomberg) — Stocks in Europe declined amid disappointing results from large clothing retailers and worries over Credit Suisse Group AG. US equity futures edged lower and short-end Treasury yie...

KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?

“This investment in CNHC is part of KuCoin Ventures’ broader strategy of investing in the Web3 infrastructure in the APAC region,” Justin Chou, chief investment officer of KuCoin and lead at KuC...

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News on Litecoin, Ripple (XRP), Ethereum

A look at prices and the latest news involving the crypto assets Litecoin (LTC), Ripple (XRP) and Ethereum (ETH), especially in view of the complicated market situation after the Silicon Valley Bank c...

Stablecoin issuer CNHC raises $10 million in funding led by KuCoin Ventures

CNHC Group, the issuer of the CNHC stablecoin that is pegged 1:1 to the offshore Chinese yuan, raised $10 million in funding. KuCoin Ventures led the deal, the crypto investment firm said Wednes...

Wemade Taps Space And Time For More Robust Blockchain and Gaming Solutions

Wemade Co., Ltd announced a strategic partnership with Space and Time, a leader in decentralized data warehousing. This collaboration will allow Wemade to enhance its blockchain and gaming services wi...

What to watch for in Oatly’s earnings

Oatly oat milk and chocolate oat milk. When Oatly reports its fourth-quarter results on March 15, some analysts expect the plant-based milk company to show a path toward profitability. In the third qu...

Binance to Move Zero Fee Bitcoin Trading from BUSD to TUSD

15 seconds ago | 2 mins read Exchange News Binance moving its zero-fee BTC trading pairs from BUSD to TUSD. Binance native token BNB price surged about 7.7% in a week. Binance, the world’s largest cry...

AI Crypto Is Like Buying Shiba Inu at Launch, Why Avorak AI Could Create New Crypto Whales This Year

The cryptocurrency space is extremely dynamic as various digital currencies, and new crypto whales emerge to capture investors’ attention worldwide. From Bitcoin to Ethereum, Dogecoin, and now AI cryp...

Binance Halts Deposits and Withdrawals in the UK

Binance announced that it would suspend deposits and withdrawals through bank transfers and card payments in the UK after the exchange’s local banking partner, Paysafe, said it would stop providing it...

Household Retailer Boxed Is Negotiating With Lenders for Bankruptcy Sale

Grocery courier Boxed Inc. said Tuesday it might file for bankruptcy as it continues to explore a possible sale of the business less than two years after going public through a merger with a special-p...

Voyager Transfers 270 Billion Shiba Inu to Coinbase

The insolvent cryptocurrency lender, Voyager transferred 270 billion Shiba Inu (SHIB) to Coinbase. PeckShield, a well-known blockchain security resource, has recently disclosed that Voyager, a crypto ...

Bitcoin Retraces Below $25K, AGIX Soars 40% Daily (Market Watch)

The past 24 hours were a complete rollercoaster throughout the cryptocurrency market and were packed with action. Bitcoin’s price soared above $26K only to retrace below $25K later in the day, while m...

IAG share price finds support amid emerging aviation woes

IAG (LON: IAG) share price dipped by more than 1.4% on Wednesday as concerns about the aviation industry resumed. The stock pulled back to a low of 142.56p, which was a few points below this week’s hi...

Anchorage Digital Fires 20% Staff Announcing Strategic Layoff

18 seconds ago | 2 mins read Bitcoin News The corporation said that regulatory uncertainty was a major factor. Anchorage Digital is also exploring a first, decommissioning custodial assistance. Due to...

Ethereum Shapella Upgrade Activated- Stakers Can Now Unstake Their ETH, What’s Next?

A couple of weeks after the Sepolia testnet was successfully upgraded to Shapella to simulate the Shanghai hard fork, the Shapella upgrade has now been successfully activated on the Goerli testnet. Th...

Side Protocol delivers IAS & onboards high-level functionality

Side Protocol happens to have delivered the Interchain Atomic Swap (IAS), which is a trustless and decentralized protocol serving the purpose of inter-chain asset swaps. For this, it utilizes the Inte...

Saudi Arabia Prepares Lionel Messi Monster $240 Million Offer To ‘Equal Cristiano Ronaldo’

Lionel Messi could soon join Cristiano Ronaldo in Saudi Arabia if he accepts a reported $214 million … [+] offer. AFP via Getty Images Saudi Arabian football club Al Hilal are reported to be pre...

Elon Musk Tweets This, and Cardano’s Most Hyped AI Project Spikes 15%

Gamza Khanzadaev Cardano-built SingularityNET (AGIX) up 15% after Tesla founder tweets this The price of SingularityNET’s token, AGIX, rose more than 15% today after Twitter owner Elon Musk post...

Meta Announces Yet Another Round of Layoffs Affecting 10,000 Personnel

Meta is among the first major IT businesses to carry out a second wave of layoffs. In the end, more than 150,000 jobs were lost by the end of 2022. According to a Reuters report, Facebook parent firm ...

ChatGPT-4 identifies flaws in Ethereum smart contract instantly

The popularity of OpenAI’s text-based artificial intelligence (AI) platform ChatGPT has reinvigorated the public’s interest in the underlying technology due to its utility in multiple areas, and one c...

Bitcoin renews assault on $25k but faces rejection

Bitcoin broke through the $25,000 resistance barrier on Tuesday but did not have the strength to hold above, closing below at the end of the day. Bitcoin made its biggest push to get through the doubl...

USDC depegging makes MakerDAO introduce new mechanism, more inside

MakerDAO has a new proposal to introduce a debt ceiling breaker. MKR has commenced a new bear run.  In a new emergency executive proposal, leading DeFi platform MakerDAO [MKR] has sought community app...

The Pokémon Company Might Be Preparing to Make Moves in the Metaverse – Metaverse Bitcoin News

The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job oppo...

Justin Sun-related wallet made over $3M from USDC depeg

On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg. Lookonchain said the address, 0xbcb7, wi...