Crypto group Circle admits $3.3 billion exposure to failed Silicon Valley Bank
Circle, the operator of one of the world’s largest stablecoins, has said that $3.3 billion of its reserves are trapped in Silicon Valley Bank, triggering a...
Tagged: crypto
What are Crypto AI coins and how do they work?
Generative AI tools such as ChatGPT and Midjourney have fueled debates about AI’s inclusion across business and technology domains, and AI has even reached the crypto...
Bitcoin Regains $20K After $200M In Crypto Liquidations; Some traders are brushing off USDC fears
Bitcoin and Ether rallied as much as 4% in the past 24 hours after a steep fall on Friday as contagion risks from the collapse of...
Why are crypto enthusiasts turning on the SEC?
The Securities and Exchange Commission (SEC) has become the face of crypto opposition, encouraging a wave of protests from crypto enthusiasts. In the first quarter of...
Bitcoin Price Rises to ‘$26K’ in USDC Terms — How High Can the BTC Short Press Go?
Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened with a battle for lost ground. BTC/USD 1-Hour Candlestick...
US senators write to banking regulators about potential crypto discrimination
Four US Republican senators led by Bill Hagerty have written a letter to the heads of federal banking regulatory agencies, questioning the ideological motivation behind recent...
Global AUM for crypto ETPs rose to $28 billion in February: Fineqia
2023-03-11 05:37:38 ET The cryptocurrency market is experiencing yet another difficult patch as prices fall amid negative sentiment surrounding collapsed crypto-friendly banks Silvergate Bank and Silicon...
Crypto Shaken as SVB Exposure Depegs $37 Billion Stablecoin
(Bloomberg) — Crypto’s second-largest stablecoin fell from its intended $1 peg on Saturday, trading as low as 81.5 cents, hurt by exposure to issuer Circle Internet...
Elon Musk trolls those who call crypto a scam as two major banks crash
Yuri Molchan Twitter CEO Musk has posted another meme related to crypto and to two major banks going out of business Read U.TODAY on Google News...
Bankrupt crypto-lending platform BlockFi faces potential loss of $227M in unsecured funds at Silicon Valley Bank – what’s going on?
Image source: Yahoo Finance Bankrupt crypto lender BlockFi has $227 million in unsecured funds in an account maintained by failed lender Silicon Valley Bank. According to...