Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the…
Day: 10 March 2023
Circle’s exposure to US banks could top $9B
Circle’s reserves are held in a number of banks in the United States, including Silvergate,…
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit…
What does the Silvergate collapse mean for crypto?
The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties…
$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
The crypto market is taking a walloping, and there are three important reasons why BTC’s…
Sam Bankman-Fried’s bail conditions still too lenient, says judge
U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the…
SEC denies VanEck spot BTC trust product, commissioners see double standard
SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they…
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
The majority of the DeFi tokens in the top 100 traded in the red on…
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…
Bitcoin Price Outlook for March
There are only ten days into March, and volatility in the crypto markets has heightened,…
Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles
Amid the demise of Silvergate Bank and the troubles faced by Silicon Valley Bank (SVB),…
Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
Negative headlines surrounding Silvergate dragged Bitcoin’s price below $20,000. Meanwhile, bankrupt Alameda is planning to…
AAVE DAO votes for ‘rescue plan’ to save lost tokens
The plan intends to allow developers to recover tokens from certain AAVE contracts and send…
South Dakota gov vetoes bill excluding crypto from definition of ‘money’
The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically…
