‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the…
Bitcoin News
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the…
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have…
Biggest Movers: SOL Rebounds From 2-Month Low to Start the Weekend
Solana rebounded from a two-month low to start the weekend, as bulls reentered the market…
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise
The Central Bank of Bolivia is now selling dollars directly to citizens in order to…
Bitcoin, Ethereum Technical Analysis: BTC Above $20,000, ETH Beyond $1,400 on Saturday
Bitcoin rose back above $20,000 on Saturday, despite markets still being spooked by the collapse…
BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB
PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain…
South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
The Ministry of Science and ICT of South Korea has approved investments of $51 million…
Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling…
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
According to reports and a filing that shows its name struck off the U.K. companies’…
India Brings Crypto Transactions Under Prevention of Money Laundering Act
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of…
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a…
US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC)…
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange…
Binance Bans Russians From P2P Transactions With Dollars and Euros
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest…