Crypto lawyer said crypto suppression in the US could draw the country behind. Previously, Senator Brown blamed Silvergate Bank’s insolvency on crypto’s volatility. Silvergate took $13.3 billion in de...
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Radiant Capital to soon transition from V1 to V2
Radiant Capital has announced that it is soon transitioning from V1 to V2, enabling the venture to onboard the next hundred million users to the DeFi market. Decentralized Finance is eyeing to make a ...
Three key takeaways from the Silicon Valley Bank collapse
The collapse of Silicon Valley Bank (SVB) threatened to prompt a wider financial crisis and the authorities had no choice but to roll out emergency measures, says the CEO of the financial advisory org...
Ethereum Whales Abruptly Move Over $357,000,000 in ETH As Crypto Markets Brace for New Week: On-Chain Data
Crypto whales were on the move over the weekend as several large transactions worth over $350 million were spotted on the Ethereum (ETH) network. First seen by blockchain-tracking service Whale Alert,...
The bankruptcy of Silicon Valley Bank
On Friday, the Silicon Valley Bank declared bankruptcy and was closed by federal authorities. We are talking about the biggest bank failure since the US crisis of 2008. This article will go into detai...
Regulators Shutter Signature Bank After SVB Collapse
In an effort to avoid the spread of the banking meltdown, authorities have announced the closure of another crypto-friendly bank – New York-based Signature Bank – dealing a severe blow to the crypto i...
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards. Silicon V...
Regulators Shutter Signature Bank Days After SVB Collapse $BTC
According to an announcement by the Federal Reserve, New York-based Signature Bank, which had several clients in the cryptocurrency space, was shut down by state regulators. Signature Bank Shut Down ...
How this user-owned talent network is disrupting the staffing industry
People • March 13, 2023, 5:00AM EDT Episode 22 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Freelance Labs Founder & CEO Adam Jackson. Listen belo...
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark. Amid the ...
What is NFT rarity, and how to calculate it?
An NFT’s rarity plays a role in its perceived cultural and artistic significance. For example, an nonfungible token (NFT) that is the only one of its kind and possesses significant cultural or histori...
Shiba Inu (SHIB) Burn Rate up 2,400%, Here’s How Price Is Reacting
Godfrey Benjamin Shiba Inu burn rate might have been bolstered by newly launched Shibarium beta Shiba Inu (SHIB), the world’s second largest meme coin, is seeing a sustained uptrend in its burn ...
Binance Swaps $1 Billion Industry Recovery Funds to BTC, ETH and BNB
The Binance Industry Recovery Initiative wallet held 985,088,975.25 BUSD. Binance converted BUSD to USD through Uniswap at 05:31:47 UTC on March 13. With the failure of crypto-friendly institutions an...
Polkadot price rises 10%, Uniswap price consolidates, & Orbeon Protocol continues to pump past 1987% in presale
Polkadot’s price has seen solid gains since the start of 2023, and the Manta Network parachain has just been launched. Apple’s refusal to accept Uniswap’s new crypto wallet kept the price of UNI in ra...
Coinbase, Paxos, and Celsius Report Funds Tied up with Now-Shuttered Signature Bank
Several crypto firms have come forward to report their exposure to the now-shuttered Signature Bank, which was shut down by New York regulators on March 12 in conjunction with the United States Federa...
FDIC Races to Liquidate Assets for Uninsured SVB Deposits by Monday
FDIC works around the clock to liquidate assets for uninsured customers’ deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in deposits. Circle, the issuer of USDC stable...
From Bank Crash to Crypto Comeback: These 3 Coins Could Rebound Stronger After the Crash!
The failures of Silvergate and Silicon Valley Bank sent shockwaves through the financial world. However, while the traditional financial world is still bracing for the long-term impact, the crypto mar...
ACH price jumps after the latest Alchemy Pay news
Alchemy Pay (ACH/USD) price continued its recovery after the company continued its partnerships and as other cryptocurrencies jumped. ACH rose for the second straight day and reached a high of $0.033....
the collapse of SVB: crypto experts views on it
Silicon Valley Bank (SVB), one of America’s largest banks, declared bankruptcy on Friday, March 10, but what really happened? The implosion of the Silicon Valley bank, predictably, sparked fear and co...
Breaking: HSBC Acquires Silicon Valley Bank UK Subsidiary for £1
Following the takeover of Silicon Valley Bank by the United States Federal Deposit Insurance Corporation (FDIC) over the weekend, SVB’s UK subsidiary has been acquired by HSBC Holdings plc, a British ...
1INCH celebrates record high daily volumes, the credit goes to…
1inch daily volume peaks at historic high concluding an otherwise tumultuous week. 1INCH sees a return of bullish demand from whales, curtailing its downside. The crypto market ensured heavy losses la...
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games – Security Bitcoin News
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals ar...
Binance Delivers $1 Billion Blow to Crypto Bears
Alex Dovbnya Binance, one of world’s largest cryptocurrency exchanges, has announced conversion of remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurr...
Web3 Innovations like GameFi, DeSci, DeFi, ReFi are Solving Real World Problems
The rise of Web3 has enabled innovation and change that extends far beyond cryptocurrency and NFT trading. With the potential to become a major force for social impact, Web3 technology is enabling blo...
Gundlach, Ackman Weigh Fed’s US Bank Rescue Impact on Markets
(Bloomberg) — The failure of Silicon Valley Bank and the government rescue of its depositors are ripping through market bets on everything from the economy to the US interest-rate outlook. Most ...
Dogetti: Like No Other! – The Cryptonomist
SPONSORED POST* Every new cryptocurrency launched in the market shares a common goal. Becoming No.1! But not all of them show such potential to dethrone the giants sitting at the top of the market. ...
Here Are the Biggest Asian Companies Caught in SVB’s Fallout
(Bloomberg) — Some Asian technology firms have disclosed cash deposits at troubled US lender Silicon Valley Bank, known for its deep ties with the sector, with most emphasizing the amounts were ...