HSBC To Acquire Silicon Valley Bank (SVB UK) For 1 Pound
What- HSBC Acquires SVB UK bank for 1 pound Why-This is after the SVB UK bank collapsed early last week What Next-HSBC welcomes all customers Go to Source
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said losses from the exploit…
New Crypto Platform Goes Viral For Rewarding Users Who Vote in Elon Musk-Style Polls
The meme coin hype is far from over, bolstered by increasing investor expectations for massive returns. Dogecoin (DOGE) and Shiba Inu (SHIB) turned most of Go to Source
Ripple CEO Brad Garlinghouse claims SVB shutdown will not affect daily operations
Ripple CEO Brad Garlinghouse recently addressed the collapse of Silicon Valley Bank (SVB) — formerly one of the top 20 largest banks in the US. Go to Source
President Biden promises to hold accountable those who caused SVB and Signature collapse
Recently, several US banks have collapsed as economic difficulties continue to ravage the financial industry. Only a day after the fall of Silvergate Bank, the Go to Source
Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed. Bitcoin (BTC) begins…
Euler Finance hacked for over $195M in a flash loan attack
Euler Finance became the victim of a flash loan attack where the exploiter managed to drain hundreds of millions worth of decentralized stablecoins and synthetic ERC-20 tokens. Ethereum-based non-custodial lending…
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts. The wider cryptocurrency community continues to debate the ongoing fallout following the…
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos” such as BTC. The failure of three major…
Securedverse is Bringing an Intense Combat First-Person Shooter Game to Web 3.0
For a long time, the blockchain gaming market has been waiting for a game that grips players to their seats. They seem to have found Go to Source
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form…
Bloxmith Launches Raiders Rumble, a Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain
PRESS RELEASE. Taipei, March 13, 2023 – Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile…
Bank of Russia Registers Another Digital Asset Issuer
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in…
Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
Banking giant HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited (SVB UK) for one pound ($1.21). Global banking giant HSBC Holdings is coming to rescue…
Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga
Court cases involving the U.S. SEC and some major crypto industry enterprises – Voyager Digital, Alameda Research and Biance – have continued to progress throughout 2023. Over the last year,…