News about M

This is NOT Lebanon. This is New York. This is California. Police tell depositors asking for their money to go away. If it's not bitcoin in self custody, it's not your money.

submitted by /u/KAX1107 [link] [comments]

How will Bitcoin survive the crypto winter? - Cyprus Mail

How will Bitcoin survive the crypto winter?& & Cyprus Mail

After SVB, do you think Bitcoin is still primed for the 4 year cycle and bull run that many analysts are projecting for spring of 2024?

submitted by /u/RobertLee2354 [link] [comments]

USDC Holder Forks Over $2 Million For $0.05 USDT In Desperate Move To Evade Crypto Crash

Every crypto investor’s nightmare starts when a sudden change in the industry leads to panic and massive selloffs. The effect of these two occurrences usually leads to uncontrollable price dips and deep losses for investors. An example of such an ev...

Fortune: Mark Cuban urges Fed to buy Silicon Valley Bank debt ‘immediately,’ says it’s ‘not the wealthy taking the hit’

submitted by /u/seniorbatista19 [link] [comments]

Coinbase Stands Firm: Staking Services Will Continue Despite SEC Scrutiny

submitted by /u/o_LUCIFER_o [link] [comments]

Capstone Project Development

Hey Everyone, I would really appreciate the input of those who can guide me to resources relative to understanding how cryptocurrency APIs interact specifically. As an entrepreneur, I currently have a team of four individuals waiting to be hired to...

Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits

Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of d...

Billionaire Warns of Imminent Bank Runs if Government Fails to ... - Bitcoin News

Billionaire Warns of Imminent Bank Runs if Government Fails to ...& & Bitcoin News

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to futur...

Another Ledger user compromised, but a suspicious story ...

submitted by /u/beerbaron105 [link] [comments]

Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder

U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried, citing the risk of potential evasion and covert electronic communication. (Read More)

Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank

A bankruptcy filing has revealed that BlockFi has $227 million in uninsured funds allocated to a money market mutual fund (MMMF) offered by Silicon Valley Bank (SVB), which was shut down by the California Department of Financial Protection and Innova...

Circle's USDC Reserves Remain Stuck at SVB, Raises Concerns Over Crypto Stability

Circle's $3.3 billion worth of USDC reserves held at Silicon Valley Bank (SVB) have not been processed, raising concerns over the stability of the cryptocurrency. This follows the disclosure that 20% of Circle's USDC reserves were held in several fin...

Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off

Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer...

Coinbase reassures customers on staking services amid SEC crackdown

Despite the SEC's crackdown on staking services provided by centralized providers, Coinbase has informed its customers that its staking services will continue and may even increase. Coinbase has updated its staking terms and conditions, stating that...

Circle's USDC Reserve Mishap Leads to Massive Sell-off

Circle's announcement that Silicon Valley Bank failed to transfer $3.3 billion of its USDC reserves led to a significant sell-off, causing the stablecoin to depeg from the U.S. dollar. Investors who tried to cut their losses by exchanging USDC for ot...

Is there any way to buy an unavailable name from the owner?

submitted by /u/thestrongestversion [link] [comments]

BlockFi’s Uninsured $227 Million In Silicon Valley Bank Raises Concerns, Filing Shows

Reports have shown that BlockFi also has $227 million in the troubled Silicon Valley Bank, which wasn’t insured. Notably, SVB is not managing the fund directly. As the saga of the Silicon Valley Bank shutdown continues, more victims are emergi...

The calm before the storm…

This feels way too chill for all that is happening and may go down. Monday will resume locked trading of USDC and who knows how many other ripples will be caused by the SVB collapse. Reserves of all kinds at unknown amounts that may not ever be recou...

can I still swap DAI for BTC? I'm sure 8 months ago I sold my coins and got DAI or binance delisted DAI recently?

submitted by /u/swindle8686 [link] [comments]

South Dakota Governor Kristi Noem vetoes bill that attempts to redefine money to effectively ban Bitcoin and pave the way for authoritarian CBDC. More than 20 other US states are facing the same legislation.

submitted by /u/BashCo [link] [comments]

Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount

Several USDC holders have fled to other stablecoins amid fears surrounding its solvency. Several USD Coin (USDC) holders have fled to other stablecoins since March 10...

Curious why we saw a bank run in the United States as Silicon Valley Bank collapsed? Want to know if there is a contagion that may spread to other banks? Peter St Onge breaks it down.