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Impact of SVB collapse on Ripple crypto?
Ripple‘s CEO recently confirmed the exposure to SVB, Silicon Valley Bank, which collapsed on Friday 10 March. Thus, it begs the question what impact this will have on the XRP token and, more generally...
Cardano (ADA) Price Analysis: Bulls Aim Fresh Run To $0.40
ADA price is showing positive signs above the $0.3200 zone against the US Dollar. The price is now trading above $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line ...
FTX and Alameda Addresses Suddenly Wake up, Move $190 Million on Exchanges
Arman Shirinyan FTX and Alameda-related addresses moved $190 million on numerous exchanges, which could be part of liquidation process FTX, a cryptocurrency derivatives exchange, has been in the news ...
Credit Suisse Finds ‘Material Weakness’ in Reporting Since 2021
(Bloomberg) — Credit Suisse Group AG said it is adopting a new plan to fix “material weaknesses” in its reporting and control procedures for the past two years, following a fresh review of its f...
ILMN Stock Rockets As Carl Icahn Reportedly Steps In Over Grail
Carl Icahn is setting up a fight for control at Illumina (ILMN) after what the activist investor called an “ill-advised and frankly inexplicable” acquisition of Grail. In response, ILMN st...
East West Bancorp says ‘liquidity is strong,’ but stock suffering biggest selloff since the financial crisis
Shares of East West Bancorp Inc. EWBC plummeted 23.2% in morning trading Monday, toward their second-biggest one-day selloff, in the wake of recent bank failures, prompting the Pasadena, Calif.-based ...
Binance To Stop Deposits and Withdrawals in British Pound
Exchange News New users will no longer be able to fund their accounts with British Pounds. Current customers would retain access to their British pound funds. Binance, a cryptocurrency exchange, has a...
Bloxmith launches Raiders Rumble, a strategy game on the Flow Network
Bloxmith, the newly-developed Web3 gaming studio, has announced that the open beta for Raiders Rumble, its 1v1 squad battler game for mobile on the Flow blockchain, is now available on Google Play and...
What is JOMO in crypto trading?
JOMO stands for the joy of missing out — particularly when a cryptocurrency trader refuses to follow the crowd. This is the opposite of FOMO, or fear of missing out, and it’s the counterbalance ...
Membrane Finance, Polygon Labs & deltaDAO brings EUROe to Gaia-X
Membrane Finance, Polygon Labs, and deltaDAO recently announced a strategic partnership. The parties are bringing the world’s first euro-regulated stablecoin, EUROe, to Gaia-X. After the integration i...
Silicon Valley Bank Sued by Shareholders Alleging Fraud
24 seconds ago | 2 mins read Bitcoin News Silicon Valley Bank has over $16 billion in unrealized losses as of the closing date. The complaint alleges mismanagement of circumstances that led to its dow...
Meet The Marine Biologist-Turned-Entrepreneur Restoring Coral Reefs Using 3D Printing And Clay
Vriko Yu launched a startup on the back of her Ph.D. studies in biological sciences. Now she’s the CEO of Archireef, a climate tech venture that’s working to restore fragile marine ecosystems by using...
Bitcoin Surpasses $24K to Confirm Next Bull Run?
On March 13, Bitcoin recorded 18% as its highest 24h surge. Nearly 1.7 million BTC are left to be mined – 19,317,068 BTC in current circulation. The decentralized pioneer Bitcoin transitions to an upt...
Singapore Has A New Backer For Travel And Retail Startups In Asia
Gharage is in search of some winning investment opportunities in Asia. getty The business incubator and venture builder, Gharage, has landed in Singapore in pursuit of early-stage travel and retail st...
Binance CEO denies interest in CoinDesk
Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire the ...
Stargate foundation advises DAO against reissuing STG tokens
Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token due to concerns raised by FTX liquidators. The liquidat...
FED to Reportedly Post First Annual Operation Loss of $80 Billion
Bitcoin’s Twitter account stated that the Federal Reserve is technically bankrupt. It also reported that the FED will post its first annual operating loss of $80 billion. The FED is also alleged to ha...
Crypto Market News: Top Predictions for Bitcoin (BTC), Ethereum(ETH) & Ripple (XRP)
The recent price jump enabled the star crypto, Bitcoin to surpass the key resistance levels. However, the bullish momentum appears to slowly fade out due to which the price now appears to be at a crit...
Here’s How Ripple Execs Assess The US Banking System Crisis
Several Ripple executives have spoken out about the banking crisis in the United States. The company itself has been affected by the collapse of Silicon Valley Bank (SVB). As Ripple CEO Brad Garlingho...
Deaton Says Ripple Case Could Get to Supreme Court Before Congress Acts
The pro-XRP lawyer maintains that the courts will be the only source of clarity for the crypto space for the next two years. Attorney John E. Deaton has claimed that the United States Securities and E...
HSBC Acquires Troubled Silicon Valley Bank (SVB) UK Subsidiary for £1, Shares Down Today
HSBC’s announcement came at a time the United States government announced a $25 billion bailout of struggling Silicon Valley Bank and Signature Bank to avoid a further banking crisis. In a stunning tu...
Crypto Industry To Face More Enforcement Amid Banks Crisis
Crypto News: U.S. Securities and Exchange Commission (SEC) has been after the digital asset industry alleging a lack of fundamental disclosures. However, it is expected the commission’s scrutiny of th...
Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered a series of events that impacted millions of businesses, venture capitalists and bottom...
Beatport, Polkadot & Aventus collab to launch Beatport.io
Beatport, which happens to be an absolute world leader in electronic music for the benefit of Producers, DJs, and the corresponding fans, will soon be launching Beatport.io. This is a collectible digi...
Helium Responds To Binance.US Delisting HNT Trading Pairs
The Helium Foundation released a response to Binance.US announcing its plans to delist the HNT trading pairs. The Helium team is still committed to its migration to Solana. HNT is currently trading ha...
USD vs Rupee forecast ahead of US inflation data
The USD/INR price continued rising on Tuesday as the US dollar index (DXY) staged a comeback ahead of the upcoming US consumer inflation (CPI) data. It jumped to a high of 82.42, the highest level sin...