Blockchain News

Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole

Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve (Feds) Chairman Jerome.

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Blockchain News

‘Nobody left to bank crypto companies’ — Crypto Twitter Reacts

With the loss of two large crypto-friendly banks in a week, some in the crypto industry say crypto enterprises may have trouble finding.

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Blockchain News

Ethereum Price Signals Bullish Breakout, Why Dips Turned Attractive

The bulls established a position when the price of ethereum soared towards $1,370. Like bitcoin, ETH established a foundation and began to rise.

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Blockchain News

USDC Bounces Back Toward $1 Peg after Fed Announcement

After assurance from CEO Jeremy Allaire that its reserves are secure and the company has new banking partners lined up for “banking open.

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Blockchain News

Crypto Has Just Been Reminded About the Importance of Banks

Crypto has just been reminded about the importance of banks. Although most people had a terrible year in 2020, the tech industry had.

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Blockchain News

TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure

The company that issues TrueUSD, Singapore’s Techteryx, announced on Monday morning, Asia time, that minting and redemption have been halted for its customers.

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Blockchain News

Silicon Valley Bank Collapse Hammers Dogecoin Price Down 11% – More Pain For DOGE?

Once Silicon Valley Bank collapsed on Friday morning due to a bank run and capital problem, Dogecoin (DOGE) fell in value in the.

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Blockchain News

Shiba Inu Ecosystem Token BONE Listed on Major Justin Sun-Backed Crypto Exchange

One of the three primary tokens within the Shiba Inu (SHIB) ecosystem, Bone ShibaSwap (BONE), has been listed on a significant cryptocurrency exchange.

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Blockchain News

USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse

Late Friday night, the USDC issuer Circle Internet Finance released a statement saying that it “awaits clarity” from federal banking regulators regarding the.

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Blockchain News

Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto

Late on Friday, as the impact from the collapse of Silicon Valley Bank (SIVB) crept into the core of cryptocurrency trading, Coinbase (COIN).

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