Okcoin suspends USD deposits in wake of Signature Bank closure
U.S. dollar withdrawals on Okcoin are not affected by the suspension. According to a March 13 tweet by Okcoin CEO Hong Fang, the U.S. affiliate of cryptocurrency exchange OKX had…
State caps or federal regulation: What’s next for political crypto donations
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation. On Jan. 25, the Committee…
314M USDC sent to null address as redemptions begin: Report
The token is on the verge of restoring its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior. According to…
Silicon Valley Bank Has Collapsed: Which Crypto Companies Have Been Affected?
Silicon Valley Bank has failed, leading to many losses in the tech startup industry. The event has also impacted at least two companies in the crypto industry. What Happened to…
All deposits at SVB, Signature Bank will be guaranteed by the U.S. Treasury, FDIC, and Federal Reserve in an unforeseen move
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost Go to Source
Coinbase Reinstates USDC/USD Conversion, Biden Says Banking System Is Safe
Summary: Crypto exchange Coinbase reinstated USDC/USD conversions on Monday after turbulence over the weekend. Circle previously halted stablecoin minting after troubles in the U.S. banking system involving major banks like…
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday,…
Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued
Bitcoin moved back above $22,000, as the U.S. Treasury moved to avert a regional banking crisis, following the collapse of Silicon Valley Bank. The government confirmed that it will backstop…
Binance Launches Prepaid Card in Colombia
Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments…
From Fitness to Finance: This New Move-to-Earn Crypto is Revolutionizing the Industry – Time to Buy? (FGHT)
New move-to-earn (M2E) crypto Fight Out (FGHT) is revolutionizing the industry from fitness to finance. The high hopes for Fight Out started in 2022 when Go to Source
`Biggest Crypto Gainers Today, March 13 – CRB, RNDR, LHINU, FGHT, CCHG, METRO, TARO
There has been a bullish shift in the broader crypto market movement, along with the majority of the popular crypto. The bulk of the currencies Go to Source
Silicon Valley Bank collapse: How SVB stock price performed in 5 years
Silicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023. Silicon Valley Bank…
All rise for the robot judge: AI and blockchain could transform the courtroom
Do the developers of legal bots have sufficient knowledge and experience of the law? Is the data used to “train” their algorithms timely? Will critical evidence be filtered out? Earlier…
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, with some casualties left behind. The panic caused due to USD Coin’s (USDC)…
Circle taps Cross River as banking partner, expands ties with BNY Mellon
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 — recognized for its services…