HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank...
Year: 2023
Euler Finance blocks vulnerable module, working on recovering funds
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds.
Stargate foundation advises DAO against reissuing STG tokens
The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its...
Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown...
Bitcoin market cap flips tech giant Meta, widens gap on Visa
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric...
CFTC adds execs from Circle, Ava Labs and Fireblocks to tech advisory group
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts and implications of technological innovation...
US banks experience volatility and trading halts amid bank failures and presidential assurances
Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes felt the impact...
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the...
More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm
Dogecoin, Zcash and Litecoin have already patched the “critical” vulnerability, but hundreds of others may not have, risking billions' worth...
Binance to lose its British pound on- and off-ramp provider in 9 weeks
Binance has also had problems with its banking partner for United States dollar transfers over the last few months. Binance...
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can...
US Fed faces internal probe over Silicon Valley Bank failure
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under...
USDC depegged, but it’s not going to default
USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency to prepare for...
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The...
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank...
