Cryptocoins News / The Cointelegraph - 2 years ago
Circle announced a new banking partner after Silicon Valley Bank’s failure, and is expanding ties with BNY Mellon. Circle has revealed that Cross River Bank — recogniz...
Cryptocoins News / CoinJournal - 2 years ago
Synthetix has seen the volume of its perpetual futures jump. The network is gearing towards the launch of Synthetix V3. Synthetix (SNX/USD) price has staged a strong comeback in the past few days as investors cheer the upgrade to V3. It rose to...
Cryptocoins News / The Cointelegraph - 2 years ago
Aztec Network said the research made with Aztec Connect would be usable and critical to developing a next-generation blockchain. Privacy-oriented blockchain platform A...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again after the failure of Silicon Valley Bank and Signature Bank. Bitcoin (BTC) begins...
Cryptocoins News / The Cointelegraph - 2 years ago
Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens. Ethereum-based noncustod...
Cryptocoins News / Blockchain - 2 years ago
Lending protocol Aave has temporarily halted trading of stablecoins and set the loan-to-value (LTV) ratio to zero due to the recent price volatility on USD Coin (USDC) following its depegging on March 11. Aave's decision was based on an analysis by d...
Cryptocoins News / Blockchain - 2 years ago
Circle, the issuer of the stablecoin USD Coin (USDC), has announced that it will use corporate resources to cover the shortfall on its reserves after Silicon Valley Bank (SVB) was shut down by the California Department of Financial Protection and Inn...
Cryptocoins News / Blockchain - 2 years ago
On March 10, concerns about the solvency of USD Coin (USDC) led several holders to panic sell their holdings and switch to other stablecoins. One user lost over 2 million USDC in a failed attempt to exchange them for Tether (USDT) using KyberSwap's d...
Cryptocoins News / Blockchain - 2 years ago
The Bank of England has ordered the Silicon Valley Bank's UK branch to halt its operations as it has limited presence and no critical functions supporting the financial system. The bank will be placed into a Bank Insolvency Procedure, and eligible de...
Cryptocoins News / Blockchain - 2 years ago
The decisions made by the Federal Reserve and the Federal Deposit Insurance Corporation regarding the future of Silicon Valley Bank (SVB) may have significant consequences for regional banks across the United States. Former Bridgewater executive Bob...
Cryptocoins News / Blockchain - 2 years ago
The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB)...
Cryptocoins News / Blockchain - 2 years ago
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of several financial institutions. Ackman argued that a "...
Cryptocoins News / Blockchain - 2 years ago
Over 125 venture capitalists and investors, including Sequoia Capital and General Catalyst, have pledged their support for Silicon Valley Bank (SVB) as the 40-year-old banking institution winds down its operations. The investors signed a statement in...
Cryptocoins News / Blockchain - 2 years ago
The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support...
Cryptocoins News / Blockchain - 2 years ago
United States Treasury Secretary Janet Yellen is working with regulators to address the collapse of Silicon Valley Bank (SVB), one of the top 20 largest banks in the US. Yellen has stated that they are focused on protecting depositors, particularly s...
Cryptocoins News / The Cointelegraph - 2 years ago
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neobank. The broader cryptocurrency community continues to debate...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to native cryptocurrencies such as Bitcoin. T...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Signature Bank became the third US bank institution to collapse in the span of four days. Similar to the now-collapsed Silvergate Bank, it also had a large corporate customer base from the cryptocurrency industry. The other one, <a href=&...
Cryptocoins News / The Cointelegraph - 2 years ago
NFT rarity is the uniqueness and scarcity of a nonfungible token, calculated using factors, such as distinguishing features and demand. An NFT’s rarity plays a role i...
Cryptocoins News / The Cointelegraph - 2 years ago
Mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. A solo Bitcoin miner has m...
Cryptocoins News / The Cointelegraph - 2 years ago
Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21). Global banking giant HSBC is coming to rescue the United Kingdom-based...
Cryptocoins News / The Cointelegraph - 2 years ago
Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023. After...
Cryptocoins News / The Cointelegraph - 2 years ago
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands. Japanese automotive brand Nissan becomes the latest car manufacturer to...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The United States witnessed the largest bank collapse last weekend since the 2008 financial crisis. Silicon Vally Bank (SVB) has gone under the Federal Deposit Insurance Corporation (<a href="https://www.financemagnates.com/cryptocur...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. Cry...
