USDC, Crypto Rallies on News that SVB, Signature Bank Deposits are Safe
The value of USDC came close to restoring its prior level, while the prices of cryptocurrency increased as a result of the announcement.
Crypto News
Crypto News
Australian Tax Authority (ATO) Sees Your Cryptocurrency Transactions
For taxation purposes, cryptocurrencies are regarded as property. As a result, transactions involving cryptocurrencies are exactly like any other investment subject to capital.
Crypto News
Biden Vows to Hold Those Responsible for SVB, Signature Collapse
President Joseph Biden has promised to hold Silicon Valley Bank and Signature Bank’s failures accountable while ensuring Americans that their deposits are safe..
Crypto News
Uniswap, Curve Finance, SushiSwap make a Killing Amidst Market Uncertainty
As the collapse of Silicon Valley Bank (SVB) caused FUD in the larger crypto market and depegged the USD Coin [USDC], decentralized exchanges.
Crypto News
BCB Group Pauses US Dollar Payments Pilot after Signature Bank Closure
After the closure of Signature Bank earlier today by regulators, BCB Group, a London-based supplier of payment services and business accounts for cryptocurrency.
Crypto News
100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender went from robust.
Crypto News
Crypto Market Rallies on FDIC Banking Intervention, USDC Regains Dollar Peg
All cryptocurrencies’ market capitalization has surpassed $1 trillion once again. The damaged cryptocurrency market turned green after a joint statement from the Federal.
Crypto News
OpenSea Patches Vulnerability that Potentially Exposed users’ Identities
According to reports, OpenSea has fixed a flaw that, if exploited, might have revealed personal information about its anonymous users. The vulnerability, according.
Crypto News
USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses
The crisis surrounding cryptocurrencies kicked into high gear early on Saturday morning after the collapse of Silicon Valley Bank (SVB), which caused some.
Crypto News
Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown
Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer Circle to expand.