Congress announces March 29 hearing into failures of SVB and Signature Bank
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the...
Month: March 2023
FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings ‘undetermined’
The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added...
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the...
Bitcoin Price Climbs to $24,900 – Is $26,500 The Next Big Target?
Despite the looming banking crisis in the United States, the price of Bitcoin has surprised the crypto community with its...
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions...
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection...
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Binance assured its users that this change will not impact them in any way, and that their funds will continue...
What are buy and sell walls in crypto, and how can one identify them?
Whales can manipulate buy and sell orders because they can deploy excessive capital into the market. In cryptocurrency trading, a...
Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in...
Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up
Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in. Crypto investors should...
Crypto market cap reclaims $1T, and derivatives point to further upside
Bitcoin's performance has outpaced Warren Buffett's Berkshire Hathaway over the past six months as crypto markets appear to have turned...
AI set to benefit from blockchain-based data infrastructure
Several data infrastructure and intelligence use cases take a decentralized approach to provide AI functionalities.
BitGo patches critical vulnerability first discovered by Fireblocks
BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users.
Price analysis 3/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Bitcoin has risen above $25,000 and if bulls flip this level into support during the next pullback, it will signal...
