Crypto

Coinbase CEO Brian Armstrong

Coinbase Explores Banking Features Amid Turmoil at Silicon Valley Bank

The cryptocurrency community is reeling from the fallout of the closure of three major American banks, with many calling for neobank services to be established

state regulators pulled the plug on Signature Bank,

Regulators Shut Down Signature Bank in Wake of SVB Collapse: Crypto Industry Hit Hard

In the wake of the banking meltdown, regulators have shut down yet another crypto-friendly bank – Signature Bank, based in New York – delivering a

the Federal Reserve closed Signature Bank

Signature Bank Succumbs to Pressure, Causing Concern for Federal Authorities

On March 12, the Federal Reserve closed Signature Bank, a crypto-focused bank in the United States. The closure was prompted by concerns about the systemic

Bloxmith, the player-first Web3 gaming studio

Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain

Taipei, Taiwan, 13th March, 2023 Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game

Binance moves to convert the remainder of its $1 billion Industry Recovery Initiative funds

Binance Converts Industry Recovery Funds to Bitcoin, Binance Coin, and Ethereum

Binance moves to convert the remainder of its $1 billion Industry Recovery Initiative funds to native cryptocurrencies. This time, the converted assets include Bitcoin, Binance

TrueUSD stablecoin issuer

TrueUSD Reports Minor Impact from Signature Bank Closure on Userbase

On Monday morning Asia time, TrueUSD stablecoin, announced that it has paused minting and redemption for users with Signature Bank. However, the rest of its

IMF has raised concerns about the widespread proliferation of crypto assets

IMF Alerts G-20: Crypto Usage Can Pose Challenges for Banks

The International Monetary Fund (IMF) has raised concerns about the widespread proliferation of crypto assets and the potential impact on banks. In a report titled

Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin (USDC).

Uniswap and Curve Reach Record High Trading Volumes as Traders Rush to Exchange USDC

Decentralized exchanges (DEX) Uniswap and Curve reached lifetime high trading volumes over the weekend as traders hurried to exchange their token holdings, particularly USD Coin

HSBC U.K. Bank, is set to acquire Silicon Valley Bank U.K. (SVB U.K.) for a nominal £1 ($1.21)

Silicon Valley Bank Sells UK Unit to HSBC Subsidiary for £1

HSBC’s U.K. ring-fenced subsidiary, HSBC U.K. Bank, is set to acquire Silicon Valley Bank U.K. (SVB U.K.) for a nominal £1 ($1.21), according to a

USDC Stablecoin Takes a Hit as Circle Reveals Silicon Valley Bank Exposure

USDC Stablecoin Loses 13% of Value Following Circle’s Silicon Valley Bank Disclosure

The world of cryptocurrencies has been in turmoil in recent days as the USDC stablecoin, the second-largest by market cap, experienced a sharp drop in

Binance and Coinbase have temporarily suspended USDC conversions,

Crypto Exchanges Coinbase and Binance Suspend USDC Conversions, Rattled by Depegging Concerns

Top cryptocurrency exchanges Binance and Coinbase have temporarily suspended USDC conversions, adding to the panic in the crypto market. The suspensions came after Circle, the

Circle, the issuer of the USDC stablecoin

Circle Stands Firm with USDC, Covers $3.3 Billion Shortfall at Silicon Valley Bank

Circle, the issuer of the USDC stablecoin, has pledged to cover any shortfall caused by the collapse of Silicon Valley Bank. In a blog post,

Despegar travel agency in Latin America, has partnered with Binance Pay

Despegar Paves the Way for Crypto Adoption in LATAM’s Travel Industry

Despegar, one of the leading travel agencies in Latin America, has partnered with Binance Pay and Inswitch to enable cryptocurrency payments for tour packages. Despegar

Silicon Valley Bank's recent closure has sent shockwaves throughout the tech industry

Regulators Scramble to Sell Silicon Valley Bank’s Assets Amid Bank Run

Silicon Valley Bank’s recent closure has sent shockwaves throughout the tech industry as regulators work to sell its assets over the weekend. The Federal Deposit

Silicon Valley Bank's (SVB) UK branch has been ordered to halt its operations

Bank of England shuts down Silicon Valley Bank’s UK branch over regulatory concerns

Silicon Valley Bank’s (SVB) United Kingdom (UK) branch has been ordered to halt its operations by the Bank of England (BoE) due to its “limited

The US SEC has filed an action against BKCoin and its co-founder Kevin Kang

US SEC Files Complaint Against BKCoin and Co-Founder for Orchestrating a $100 Million Scam

The US Securities and Exchange Commission (SEC) has filed an action against financial advisory firm BKCoin and its co-founder Kevin Kang for allegedly defrauding investors