Cryptocoins News / Blockchain - 2 years ago
Degen Zoo, an NFT game inspired by Logan Paul's controversial Crypto Zoo concept, has attracted massive interest, with over 115,000 wallets registering to join the game, pledging over $700 million. The game aims to raise awareness of the impact of ca...
Cryptocoins News / The Cointelegraph - 2 years ago
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. Soon after Circ...
Cryptocoins News / The Cointelegraph - 2 years ago
Contrasting Warren’s statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured ba...
Cryptocoins News / CoinJournal - 2 years ago
Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows of $0.91 on Saturday morning. Circle, the blockchain payments com...
Cryptocoins News / The Cointelegraph - 2 years ago
Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue....
Cryptocoins News / The Cointelegraph - 2 years ago
At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without...
Cryptocoins News / The Cointelegraph - 2 years ago
Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy. On March 10, Blockchain payment tech company and USD Coin (USDC)...
Cryptocoins News / The Cointelegraph - 2 years ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / The Cointelegraph - 2 years ago
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured; however, the fund doesn’t appear to be managed by Silicon Valley Bank. According to a...
Cryptocoins News / CoinJournal - 2 years ago
FDIC closed Silicon Valley Bank today and took control of its deposits. Austin Campbell says it could actually be a benefit for Signature Bank. Shares of Signature Bank ended more than 20% down on Friday. Shares of Signature Bank (NYSE: SBNY) ended...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a crucial support for the entire market. Big round n...
Cryptocoins News / The Cointelegraph - 2 years ago
U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the restrictions and covertly communicate with others electronically. On March 10,...
Cryptocoins News / The Cointelegraph - 2 years ago
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standards to applicants for ETPs....
Cryptocoins News / The Cointelegraph - 2 years ago
The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market. Welcome to Finance Redefined,...
Cryptocoins News / The Cointelegraph - 2 years ago
Circle’s reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank and Bank of New York Mellon. USD Coin (USDC) issuer Cir...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum's upcoming Shanghai upgrade will allow users to withdraw staked Ether (ETH), increasing the network's liquidity and competitiveness while also boosting its staking ratio closer to its competitors. The Shanghai upgrade is a hard fork...
Cryptocoins News / The Cointelegraph - 2 years ago
Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG. W...
Cryptocoins News / The Cointelegraph - 2 years ago
The plan intends to allow developers to recover tokens from certain Aave contracts and send them to owners who transferred them by mistake. Some Aave users who acciden...
Cryptocoins News / The Cointelegraph - 2 years ago
The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically exclude digital assets — with the possible exception of CBDCs....
Cryptocoins News / EthereumWorldNews - 2 years ago
Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation.The FDIC-insured crypto-friendly bank was shut down by the banking regulator due to inadequate liquidity and insolvency.Trading of the bank’s...
Cryptocoins News / The Cointelegraph - 2 years ago
The February U.S. jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins. Bitcoin (BTC) led a sharp sell-off in the c...
Cryptocoins News / The Cointelegraph - 2 years ago
The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the United States....
Cryptocoins News / The Cointelegraph - 2 years ago
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries. Four United States Rep...
Cryptocoins News / EthereumWorldNews - 2 years ago
Blockchain.com is shutting down its London-based crypto asset management firm.& The firm has filed an application with the Companies House to have its name struck off the UK companies register.& The asset management division’s closure comes...
Cryptocoins News / The Cointelegraph - 2 years ago
The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB)...
