SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed…
Bitcoin
Biggest Movers: LINK Climbs Above $7.00, as DOGE Rebounds From Recent Decline
Dogecoin rebounded from a recent decline on Friday, as cryptocurrency markets shook off yesterday’s bear…
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First…
Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High
Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000…
Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support…
International Operation Takes Down Crypto Mixer Chipmixer — Creator Could Face 40 Years in Prison
An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more…
Moscow City Crypto Exchanges Ready to Send Cash to London, Report
An investigation into digital asset exchanges in the Russian capital has established that some of…
Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named…
Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s
The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer…
US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick…
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but…
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US
On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter…
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the…
Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000
Bitcoin briefly moved back above $25,000 on Thursday, as markets rebounded from a volatile session…
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed…