Will the SVB Collapse Put an End to the Crypto Winter?
Markets are anticipating the Federal Reserve will take a more gradual approach to raising interest…
Day: 14 March 2023
Bitcoin market cap flips tech giant Meta, widens gap on Visa
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap…
CFTC adds execs from Circle, Ava Labs and Fireblocks to tech advisory group
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts…
US regulators shut down Signature Bank despite ‘no insolvency’: Report
“Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member…
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC…
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England
The British government and the central bank, the Bank of England, have facilitated a private…
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies,…
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking…
More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm
Dogecoin, Zcash and Litecoin have already patched the “critical” vulnerability, but hundreds of others may…
Binance to lose its British pound on- and off-ramp provider in 9 weeks
Binance has also had problems with its banking partner for United States dollar transfers over…
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable…
US Fed faces internal probe over Silicon Valley Bank failure
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand…
FDIC to attempt another auction of Silicon Valley Bank: Report
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find…
Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director
“What happened over the last several days was a bit of an ironic black swan…
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not…