Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to...
Month: March 2023
European Parliament votes to form final law on EU digital wallet
Introduced in 2021, the European Digital Identity framework aims to enable and protect the digital identity of EU citizens. European...
Bitcoin Price Prediction for Today, March 16: BTC Price Overcomes the Current Barrier by Reaching $26K
Bitcoin Surpasses the $25K Barrier by Reaching $26K – March 16, 2023 BTC/USD is rising as it overcomes the current...
Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s
The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an...
US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers...
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert”...
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US
On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman...
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto
The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners....
Orca DEX to block US users from trading with its interface
The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however....
Ethereum core developers set April 12 for Shanghai hard fork
The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum’s transition to a PoS consensus. The target...
FTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on YouTube. A class-action suit led...
LinksDAO wins bid to buy its first golf course, says CEO
The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling...
Chinese billionaire’s $1B fraud charges, Kwon’s $11M bet, Zhu Su and Islam: Asia Express
Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su...
US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service...
MakerDAO passes proposal for $750M increase in US Treasury investments
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure....
