Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after…
Month: March 2023
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade…
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had…
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
Christine Okike, a lawyer representing BlockFi at its bankruptcy hearing claimed that BlockFi is not…
US regulators shut down Signature Bank despite ‘no insolvency’: Report
“Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member…
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial…
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds would remain accessible and they could still withdraw…
Coinbase Suspends BUSD Trading, As BTC Price Surges
What- Coinbase officially suspend BUSD stablecoin trading Why- This is after the platform delisted BUSD,…
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank…
Okcoin suspends USD deposits in wake of Signature Bank closure
U.S. dollar withdrawals on Okcoin are not affected by the suspension. According to a March…
State caps or federal regulation: What’s next for political crypto donations
The industry isn’t having the best of its moments now, but the topic of campaign…
314M USDC sent to null address as redemptions begin: Report
The token is on the verge of restoring its 1:1 peg with the U.S. dollar…
Silicon Valley Bank Has Collapsed: Which Crypto Companies Have Been Affected?
Silicon Valley Bank has failed, leading to many losses in the tech startup industry. The…
Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start…
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank…
