A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients' money, the hedge fund's founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon? дальше »

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FTX-Promoting YouTubers Hit with A $1B Class Action Lawsuit

Ten YouTube and social media promoters are facing a class action lawsuit filed by a group of investors seeking more than $1 billion in damages for the deceptive promotion of FTX. According to an objection filed on March 15 in the Miami District Court, the group claims that the popular influencers- Ben Armstrong, Graham Stephan […] дальше »

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NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January. дальше »

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CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defend $27,800

The cryptocurrency market cap saw net inflows of $9.8 billion over the last 24 hours and currently stands at $1.17 trillion — up 0.8% from $1.16 trillion. The post CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defend $27,800 appeared first on CryptoSlate. дальше »

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Arbitrum’s ARB crypto price is surging: brace for a pullback

Arbitrum (ARB/USD) new crypto token is surging a day after the airdrop. According to CoinMarketCap, ARB price was trading at $1. 50, giving it a market cap of over $1. 9 billion. This makes it the 33rd biggest cryptocurrency in the world. дальше »

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XRP Whales Amass Nearly Half A Billion Coins As Traders Shower Confidence On A ‘Ripple Win’ In SEC Case

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Terraform Labs’ Do Kwon allegedly arrested in Montenegro

Montenegrin police have detained “the most wanted fugitive in the world” — Do Kwon, a South Korean national, co-founder, and CEO of Terraform Labs based in Singapore. According to Filip Adzic, Montenegro’s interior minister, Kwon, responsible for over $40 billion… дальше »

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CryptoSlate Daily wMarket Update: Litecoin shines as wider crypto market stutters

The cryptocurrency market cap saw net outflows of $16.95 billion over the last 24 hours and currently stands at $1.16 trillion – down 1.4% from $1.18 trillion. The post CryptoSlate Daily wMarket Update: Litecoin shines as wider crypto market stutters appeared first on CryptoSlate. дальше »

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Will Lawsuits Against FTX Backers Silence Other Crypto Influencers? 

A number of crypto influencers linked with the defunct FTX exchange are under fire following a $1 billion class action lawsuit. The post Will Lawsuits Against FTX Backers Silence Other Crypto Influencers?  appeared first on BeInCrypto. дальше »

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CBDC adoption grows in Nigeria amidst cash crisis

Nigeria witnessing increased CBDC adoption nearly 18 months after launching its national CBDC amid an acute cash crisis. The value of eNaira transactions has increased to 22 billion nairas ($47The post CBDC adoption grows in Nigeria amidst cash crisis appeared first on AMBCrypto. дальше »

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CryptoSlate Daily wMarket Update: Rumors send XRP price, volume soaring

The cryptocurrency market cap saw net inflows of $14.3 billion over the last 24 hours and currently stands at $1.18 trillion – up 1.2% from $1.16 trillion. The post CryptoSlate Daily wMarket Update: Rumors send XRP price, volume soaring appeared first on CryptoSlate. дальше »

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Tether transfers 166m USDT from reserves to Binance 

On March 21, tether minted $1 billion worth of USDT on the Tron Network. After the publication of the whale warning, it was discovered that 166 million USDT had been moved from the Tether treasury to the Binance exchange.  дальше »

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The Rise Of XRP: 5 Reasons Why Its Bull Run Is Far From Over

The price of the sixth largest cryptocurrency in the market, XRP, has been on an uptrend since Monday, likely driven by Bitcoin’s price action and the overall bullish market trend. As a result, XRP’s market capitalization has also increased from $20 billion to a new yearly high of $25 billion, further solidifying its uptrend. дальше »

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This jump makes Uniswap [UNI] the talk of the town, but hurdles lie ahead

Uniswap's social mentions rose to its highest in two months. The monthly trading volume in March hit almost $50 billion, an increase of 8%. Uniswap [UNI] became the talk of the town as the sThe post This jump makes Uniswap [UNI] the talk of the town, but hurdles lie ahead appeared first on AMBCrypto. дальше »

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Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.

OneCoin's victims were allegedly defrauded of over $4 billion in the scheme, which began operations in 2014. дальше »

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Over $1b in ether was lost forever due to bugs and errors

More than $1 billion of ether (ETH) has been permanently lost due to software bugs and human error. The revelation comes from a study by Conor Grogan, Coinbase’s director of product strategy and business operations. The report revealed that 636,000… дальше »

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CryptoSlate Daily wMarket Update: XRP bucks cooling market trend

The cryptocurrency market cap saw net outflows of $12.6 billion over the last 24 hours and currently stands at $1.16 trillion – down 1.1% from $1.18 trillion. The post CryptoSlate Daily wMarket Update: XRP bucks cooling market trend appeared first on CryptoSlate. дальше »

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USDC issuer Circle offered $3 billion emergency backstop from Coinbase

Coinbase reportedly offered a $3 billion credit facility to USDC issuer Circle Internet Financial. The credit facility was to guarantee full liquidity for the stablecoin following the collapse The post USDC issuer Circle offered $3 billion emergency backstop from Coinbase appeared first on AMBCrypto. дальше »

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Coinbase offered Circle $3b credit line to repeg USDC

Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg. дальше »

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MakerDAO’s emergency proposal triggers 26% MKR price plunge

The Maker (MKR) token dropped 26% in value within a week following the news of an emergency proposal to address the DeFi protocol's $3.1 billion USDC exposure, raising concerns among investors and stakeholders. дальше »

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Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report

Coinbase reportedly agreed to offer Circle a $3.3 billion credit line to shore up USDC liquidity after SVB collapse. The post Coinbase Offered Circle $3.3 Billion to Restore USDC Peg After SVB Collapse, Says Report appeared first on BeInCrypto. дальше »

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Banking Crisis Sees Bitcoin Market Cap Rise By $26 Billion

Today March 20, has been eventful in the Bitcoin and crypto market. Some top coins and altcoins have recorded gains in their seven days prices. While BTC is up by 3. 47% in 24 hours, its seven days gains stand at 27. дальше »

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Ex-Credit Suisse CEO's Bitcoin (BTC) Bubble Call Backfires

In 2017, former Credit Suisse CEO Tidjane Thiam dismissed Bitcoin as a bubble. Six years later, Bitcoin has surged 318%, while Credit Suisse has been sold for a mere $3 billion дальше »

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The Federal Reserve Intervenes: Bank Term Funding Program

The Federal Reserve balance sheet increased by $300 billion in one week, leading to debate about whether these actions qualify as quantitative easing. дальше »

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Ripple’s XRP Price May Dip Lower Despite Crypto Rally

Despite the recent rally in the global crypto market capitalization, Ripple's native token XRP remains stagnant at around $0. 38. Recent on-chain data reveals that XRP whales have entered a selling frenzy, offloading nearly 30 billion tokens in the past week. дальше »

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Credit Suisse Sold To USB For $2-B In Bid To Curtail Banking Crisis – Good News For Crypto?

Credit Suisse has struck a deal with UBS for $3. 2 billion in a rescue deal aimed at calming financial market panic triggered by the current American banking crisis. UBS is purchasing Credit Suisse for 3 billion Swiss francs ($3. дальше »

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2 Billion Shiba Inu Burned Over Past Week, Here's How SHIB Price Reacts

Shib community seems to be regaining speed burning its favorite meme token дальше »

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Rules For Thee but Not for Me: Holders of AT1 Credit Suisse bonds get nothing as shareholders get billions

Quick Take As UBS bought out Credit Suisse for $3.2 billion yesterday, stocks head lower in pre-market moves. The post Rules For Thee but Not for Me: Holders of AT1 Credit Suisse bonds get nothing as shareholders get billions appeared first on CryptoSlate. дальше »

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CryptoSlate Daily wMarket Update: Bitcoin dominance spikes to 40-week high

The cryptocurrency market cap saw net inflows of $36.12 billion since the last wMarket report and currently stands at $1.18 trillion – up 3.2% from $1.14 trillion. The post CryptoSlate Daily wMarket Update: Bitcoin dominance spikes to 40-week high appeared first on CryptoSlate. дальше »

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FDIC Sells Signature Bank’s Deposits To Flagstar, Excludes $4 Billion In Crypto

The FDIC has announced in a statement Sunday that Signature Bank, now known as Signature Bridge Bank, will transfer its non-crypto deposits to Flagstar Bank, a subsidiary of New York Community Bancorp, effective Monday. дальше »

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Justin Sun loses bid for Credit Suisse to UBS

UBS Group has successfully acquired the struggling Swiss bank Credit Suisse for a reported $3.2 billion, after Justin Sun attempted to buy the bank. дальше »

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Almost $20b in cryptos hit exchanges last week

According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the exchanges, last week. дальше »

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Lido Finance rides the wave of Ethereum's upgrade, here's how

Lido's TVL has touched $10 billion ahead of the Shanghai Capella Upgrade on the Ethereum mainnet. LDO sees a drop in buying pressure.  In anticipation of the Shanghai Capella Upgrade on EthThe post Lido Finance rides the wave of Ethereum's upgrade, here's how appeared first on AMBCrypto. дальше »

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Bitcoin hits $28,000, as UBS buys Credit Suisse for $3.2B

Quick Take What happened over the weekend? UBS bought Credit Suisse for $3.2 billion Swiss National Bank offers $100 billion in liquidity as part of the UBS deal. The post Bitcoin hits $28,000, as UBS buys Credit Suisse for $3.2B appeared first on CryptoSlate. дальше »

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UBS completes Credit Suisse deal for $3.2B following offer from Justin Sun

UBS Group has agreed to purchase the ailing European bank Credit Suisse for $3.2 billion, according to various reports on March 19. The post UBS completes Credit Suisse deal for $3.2B following offer from Justin Sun appeared first on CryptoSlate. дальше »

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XRP Market Cap Tops $20 Billion

XRP's market capitalization has exceeded $20 billion as the cryptocurrency experiences a surge in value amid a broader market rally дальше »

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Cardano Transaction Volume Exceeds 30 Billion ADA as Market Rebounds

Large transactions volume on Cardano is above $10 billion again as ADA price bounces back дальше »

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'China's MATIC' Conflux (CFX) Is Officially Unicorn as $1 Billion Market Cap Is Achieved

Conflux Network token rises 130% to become most profitable crypto asset of week in top 100 дальше »

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SHIB Burn Rate Soars 8,902% as Shiba Inu Army Gets Rid of Billion SHIB

Another staggering lump of Shiba Inu sent to dead wallet while price goes up дальше »

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Tron Stablecoin Market Capitalization Crosses $40B, Justin Sun Eyes $60B

Tron founder Justin Sun has disclosed that the blockchain network goal for 2024 is to have a stablecoin market cap of $60 billion. The post Tron Stablecoin Market Capitalization Crosses $40B, Justin Sun Eyes $60B appeared first on BeInCrypto. дальше »

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USDC in circulation fell over 10% since de-peg event

The stablecoin market has seen significant changes over the past few weeks — including the removal of over 7 billion USDC stablecoins from circulation following the depegging event on March 11. The post USDC in circulation fell over 10% since de-peg event appeared first on CryptoSlate. дальше »

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FTX debtors report $11.6 billion in claims and $4.8 billion in assets

Debtors reported that FTX silos held $4 billion in scheduled assets and $11. 6 billion in scheduled claims as of Nov 2022. The presentation showed $25 million in donations, including political dThe post FTX debtors report $11. дальше »

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FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers. дальше »

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This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud. дальше »

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Regulators Now Target ETH Instead of XRP, Shibarium Exposed as Clone, $5 Billion BONE Unstaked as Result of Shibarium Turmoil: Crypto News Digest by U.Today

Take a look at what U.Today has prepared for you in its latest crypto news digest! дальше »

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Money Printer Go Brrr – How the Fed Printed $300B to Bail out Banks

The Fed has expanded its balance sheet by nearly $300 billion to help out the banks with loans. Is Quantitative Easing back? The post Money Printer Go Brrr – How the Fed Printed $300B to Bail out Banks appeared first on BeInCrypto. дальше »

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SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green

SVB Financial has decided to move for chapter 11 filing before a Southern New York district court The group reported a liquidity of around $2.2 billion in the filing On one hand, Bitcoin (BTThe post SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green appeared first on AMBCrypto. дальше »

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Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain?

Coinspeaker Fed Swells Its Balance Sheet by $300 Billion in Wake of Crisis, All Monetary Tightening Efforts in Vain? As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. дальше »

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Bitcoin Reaches $26K Following $1 Billion Worth BTC Massive Move: Details

Bitcoin (BTC) regained $26,000 mark дальше »

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USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors

Until a week ago, USD Coin was seen as the world’s safest stablecoin.  BUSD, one of its chief rivals, was shut down last month by US regulators. Tether, the only stablecoin currently ahead of USD Coin, has long been plagued by questions over its reserves (I interviewed Tether’s Paolo Ardoino on this and other stablecoin […] The post USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors appeared first on Invezz. дальше »

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