Cryptocoins News / The Cointelegraph - 1 year ago
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch. The Federal Reserve is inves...
Cryptocoins News / The Cointelegraph - 1 year ago
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Silicon Valley Bank (SVB) could be returning to...
Cryptocoins News / The Cointelegraph - 1 year ago
The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia. The United States Justi...
Cryptocoins News / The Cointelegraph - 1 year ago
The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere. Big Tech firm Met...
Cryptocoins News / The Cointelegraph - 1 year ago
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank....
Cryptocoins News / The Cointelegraph - 1 year ago
Euler’s total value locked inside its smart contracts has dropped from over $311 million to $10.37 million since the exploit. Contagion from the March 13 flash loan at...
Cryptocoins News / The Cointelegraph - 1 year ago
USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency to prepare for future systemic shocks. Over the past wee...
Cryptocoins News / The Cointelegraph - 1 year ago
“What happened over the last several days was a bit of an ironic black swan situation where the contagion was not from crypto to TradFi,” said Caroline Hill. Caroline...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin futures on CME have traded 550,000 contracts since inception. On March 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures...
Cryptocoins News / The Cointelegraph - 1 year ago
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets. The price of Bitcoin (BTC) increased by 14.4% between...
Cryptocoins News / The Cointelegraph - 1 year ago
Elizabeth Warren and Sherrod Brown didn’t miss a chance to attack the crypto industry after bank failures. Last week, another major quake shook crypto markets. Silverg...
Cryptocoins News / The Cointelegraph - 1 year ago
Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes felt the impact of last week’s bank failures. Banks saw their share...
Cryptocoins News / The Cointelegraph - 1 year ago
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing, claimed that BlockFi is not in immediate danger and has sufficient funds to continue operating normally....
Cryptocoins News / The Cointelegraph - 1 year ago
“Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member Barney Frank. Barney Frank,...
Cryptocoins News / The Cointelegraph - 1 year ago
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck. A group of shareholders have reportedly filed a l...
Cryptocoins News / The Cointelegraph - 1 year ago
Coinbase assured users that their BUSD funds would remain accessible and they could still withdraw funds at any time. United States-based cryptocurrency exchange Coinb...
Cryptocoins News / The Cointelegraph - 1 year ago
The company stated that it previously had a relationship with Signature but said it no longer has funds there. Crypto exchange Gemini had no funds at Signature Bank, a...
Cryptocoins News / The Cointelegraph - 1 year ago
The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels. Three banks — Silverga...
Cryptocoins News / The Cointelegraph - 1 year ago
Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank. Cryptocurrency investme...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted over extreme losses. Bitcoin (BTC) hit its highest since the start of the mo...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted due to extreme losses. Bitcoin (BTC) hit its highest since the start of the...
Cryptocoins News / The Cointelegraph - 1 year ago
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 excha...
Cryptocoins News / The Cointelegraph - 1 year ago
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 C...
Cryptocoins News / The Cointelegraph - 1 year ago
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 Web3 analytics...
Cryptocoins News / The Cointelegraph - 1 year ago
Iconic memes as NFTs: Own a piece of internet history with Nyan Cat, Stonks and more. Nonfungible token (NFT) memes have brought mainstream attention to the world of N...