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‘Nobody left to bank crypto companies’ — Crypto Twitter reacts.
Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks.
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Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO.
Ripple, best known for its connection to XRP, kept some capital at the failed Silicon Valley Bank. origin »
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Kyber Network Investigates Ways to Reverse Token Swap That Cost User $2 Million.
A user on Kyber Network lost $2 million in what is believed to be a routing error on the defi platform. The network has also dubbed it a mistake on the user's part and announced a rectification of the trade. origin »
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Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga.
Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023. origin »
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Biden vows to hold accountable those responsible for SVB, Signature collapse.
United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.” origin »
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100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank.
The financial sector has endured a few chaotic days. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender swung from being presumed robust and profitable to being shut down by authorities in less than 48 hours. origin »
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A deep dive into the fastest growing R-Rated Metaverse Game – SinVerse.
An electrifying live discussion with Rutherford Atayobo, the brilliant Chief Operating Officer behind SinVerse – a groundbreaking metaverse game built on the blockchain that boasts an edgy R-Rated Mafia theme. origin »
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Nissan files 4 new Web3 trademarks, trials sales in the metaverse.
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands.
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Cardano (ADA) Price Rally Reaches Crucial Juncture, $0.35 Is The Key.
Cardano’s price started a fresh increase above the $0. 32 resistance. ADA rise further if it clears the $0. 350 resistance zone. ADA price is gaining bullish momentum above the $0. 320 support against the US dollar. origin »
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Bitcoin Price Rallies 10% But This Resistance Is The Key To Reversal.
Bitcoin price surged over 10% and cleared the $22,000 resistance. BTC must surpass $22,600 and $22,800 to continue higher in the near term. Bitcoin started a strong increase above the $21,500 resistance zone. origin »
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Bitcoin Price to Plunge Back Below $4,000, Peter Schiff Predicts.
Peter Schiff, the CEO of Euro Pacific Capital and an ardent critic of Bitcoin, has predicted a steep decline in the value of the world's largest cryptocurrency, suggesting that it will soon drop below $4,000 origin »
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Silvergate liquidates, Silicon Valley Bank on receivership, and crypto selloff | weekly recap.
Silvergate and Silicon Valley Bank implosions forced the crypto market lower as regulators in the U.S. press on origin »
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Breaking: Signature Bank closed by New York regulators, citing 'systemic risk'.
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. origin »
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Breaking: Crypto-friendly Signature Bank closed by New York authorities.
New York authorities have shut down Signature Bank, which closed in the red on Friday Silicon Valley Bank customers will get back their deposits in whole, with withdrawals opening on Monday The post Breaking: Crypto-friendly Signature Bank closed by New York authorities appeared first on AMBCrypto. origin »
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Hedera: As chain returns online, HBAR continues its journey down south.
Following a period of downtime, Hedera has resumed operations. HBAR suffers a liquidity exit that has driven its price down. Following several hours of downtime on 10 March due to an exploitThe post Hedera: As chain returns online, HBAR continues its journey down south appeared first on AMBCrypto. origin »
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Here is why Ethereum is likely to erase the gains it made since Friday.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The H4 market structure remained bearish. origin »
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Crypto Addiction Is a Problem, Not Everyone Can Agree How Big.
More clinics are offering services to help crypto addiction. But how bad is this emerging problem? Not everyone can agree. The post Crypto Addiction Is a Problem, Not Everyone Can Agree How Big appeared first on BeInCrypto. origin »
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Justin Sun Wants to Help Build Banking Infrastructure That Bridges Gap to Crypto.
TRON founder Justin Sun offered financial support to anyone building "a reliable bank that can cater to the needs of the crypto industry." The post Justin Sun Wants to Help Build Banking Infrastructure That Bridges Gap to Crypto appeared first on BeInCrypto. origin »
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Is Circle's USDC Stablecoin Crisis a Blessing in Disguise for Bitcoin?.
The recent crisis surrounding Circle's USD Coin (USDC) stablecoin may have inadvertently boosted Bitcoin, as people are turning to it to achieve a synthetic USD due to the collapse of USDC origin »
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Bloxmith Launches Raiders Rumble, A Mobile Strategy Game.
Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store. origin »
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Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging.
CZ, the CEO of Binance, has suggested purchasing the ailing Silicon Valley Bank, which entered into a Federal receivership on March 10 after it had been exposed due to risky lending practices. The post Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging appeared first on CryptoSlate. origin »
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USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High.
Coinbase premium is usually taken to represent stronger buying pressure from stateside investors. But that's not the case this time. origin »
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Yellen Says SVB to Get Government Help, but Bailout off the Table.
U.S. Treasury Secretary Janet Yellen said the authorities plan to protect depositors of Silicon Valley Bank. The post Yellen Says SVB to Get Government Help, but Bailout off the Table appeared first on BeInCrypto. origin »
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Blur, OpenSea- What does the current state of NFT market look like.
In the wake of the SVB saga, Blur's market share declined by 70%. Nevertheless, BAYC and MAYC witnessed consistent interest and a rise in sales. In recent times, the NFT market has witnessedThe post Blur, OpenSea- What does the current state of NFT market look like appeared first on AMBCrypto. origin »
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U.S. Treasury, FDIC And Federal Reserve Will Guarantee All Deposits At SVB, Signature Bank In Unprecedented Move.
A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government. origin »
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USDC bounces back toward $1 peg after Fed announcement.
Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg. origin »
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Ripple CEO assures ‘strong financial position’ despite SVB collapse.
In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.
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US Fed announces $25B in funding to backstop banks.
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues. origin »
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Bitcoin Price Fall Ignites Huge “Buy The Dip” Moment For Whales As BTC Accumulation Heightens.
Despite the recent Bitcoin crash to sub-$20,000 and the subsequent failure of crypto-affiliated lender Silicon Valley Bank pinning markets down, big BTC investors seem unwavering in their accumulation. origin »
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Banks To Innovate With Caution On Crypto-Asset-Related Activities – Fed Official.
There is a need to balance crypto innovation with safeguards, and banks engaging in or planning to engage in crypto-asset-related activities should take a careful approach. This is according to Michael S. origin »
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SHIB Price Analysis for March 12.
Is price of SHIB ready to bounce back? origin »
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Cardano’s Charles Hoskinson On Why Algorithmic Stablecoins Are Key to Resolving Constant Depegs.
Cardano network’s founder Charles Hoskinson has expressed support for algorithmic stablecoins in the long run, noting that they are necessary to realize the original vision of Satoshi Nakamoto for Bitcoin fully. origin »
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MakerDAO surge following new proposal on stablecoins.
MakerDAO is insulating itself from the vulnerability to risk associated with stablecoins according to the firm's new proposal. origin »
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What is NFT rarity, and how to calculate it?.
NFT rarity is the uniqueness and scarcity of a nonfungible token, calculated using factors, such as distinguishing features and demand. origin »
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The US government will only help Silicon Valley Bank depositors.
United States Treasury Secretary Janet Yellen assured Silicon Valley Bank (SVB) depositors that policies were being discussed to recover lost funds origin »
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Tron founder speaks out amidst Silicon Valley Bank and Silvergate troubles.
Tron founder, amid the troubles as SVB and Silvergate, has come out to speak on the matter. According to Sun, its time the crypto community stepped up to create a stable bank origin »
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Regulators take control of Signature Bank.
Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The post Regulators take control of Signature Bank appeared first on CryptoSlate. origin »
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Australian Tax Authority (ATO) Sees Your Cryptocurrency Transactions.
Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Therefore, tax authorities want to ensure that individuals and businesses correctly report and pay taxes on any gains or income earned. origin »
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Solana Price Analysis & Prediction (Mar 8th) – SOL Plunges to Support, Will Price Make or Break This Lower Range?.
Solana remained in a range bound following a temporal hold above two-week support. The price is still within the bulls’ radar. A sharp nosedive at this support should trigger a big down surge. By market cap, the 11th best-performing cryptocurrency seems to have found support above the $20 mark after experiencing a consistent fallout for […] origin »
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Ethereum Price Analysis & Prediction (March 7th) – ETH Faces Crucial Support After 5% Falls, Can it Breakthrough?.
Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time last week, Ethereum saw a recovery at $1,560 and pushed higher to test January’s resistance of $1,678 on Thursday. It […] origin »
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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 heavyThe post 1INCH celebrates record high daily volumes, the credit goes to... appeared first on AMBCrypto. origin »
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Breaking: Silicon Valley Bank UK arm acquired by HSBC for 1 pound.
Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21).
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Investigation Phase Of Digital Euro To End In Autumn Of 2023 – ECB Board Member.
Supervised intermediaries like banks and payment service providers would facilitate the distribution of a digital euro. This is according to Fabio Panetta, Member of the Executive Board of the ECB, whilst making a presentation at the European Banking Federation Executive Committee Meeting on March 10, 2023. origin »
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Euler Finance Hit By $180M Exploit.
The on-chain sleuths have reported that the Decentralized Finance (DeFi) protocol, Euler Finance, is undergoing an exploit. The post Euler Finance Hit By $180M Exploit appeared first on BeInCrypto. origin »
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MULTI-VERTICAL AFFILIATE CONFERENCE ‘CONVERSION CONF’ on April 19-20, 2023 in Poland.
Conversion Club is a team that has organized more than 30 meetups around the world for 3 years of existence in the traffic arbitration market. The first Conversion-conf conference will be held in Poland on April 19-20. origin »
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Ethereum Price Signals Bullish Breakout, Why Dips Turned Attractive.
Ethereum price rallied over 10% and broke the $1,600 resistance against the US Dollar. ETH could continue to rise if it stays above the $1,580 support zone. Ethereum started a major increase above the $1,565 resistance zone. origin »
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OpenSea patches vulnerability that potentially exposed users’ identities.
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched. origin »
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Ripple's CTO Guarantees Update on SVB Exposure: Details.
Details of tech-focused bank's sudden collapse were unclear origin »
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Silicon Valley Bank CEO Cashed Out Shares and Paid Bonuses Just Before Collapse.
Media reports have revealed that Silicon Valley Bank (SVB) CEO sold stocks and paid bonuses before the bank collapsed. The post Silicon Valley Bank CEO Cashed Out Shares and Paid Bonuses Just Before Collapse appeared first on BeInCrypto. origin »
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Shiba Inu (SHIB) Burn Rate up 2,400%, Here's How Price Is Reacting.
Shiba Inu burn rate might have been bolstered by newly launched Shibarium beta origin »
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