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.
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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.
- by Oladapo Hapostle
- March 14, 2023
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.
- by Oladapo Hapostle
- March 14, 2023
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.
- by Oladapo Hapostle
- March 14, 2023
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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.
- by Oladapo Hapostle
- March 14, 2023
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Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting.
- by Oladapo Hapostle
- March 11, 2023
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Coinbase halts conversion feature between U.S. dollars and USDC
On Friday evening, Coinbase made the announcement that it would no longer facilitate currency conversions between US dollars and the.
- by Oladapo Hapostle
- March 11, 2023
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Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
Circle, a blockchain payment technology startup that also issues USD Coins, acknowledged on March 10 that wire transfers initiated on.
- by Oladapo Hapostle
- March 11, 2023
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.
- by Oladapo Hapostle
- March 11, 2023
Latest News
Silvergate Suspends Silvergate Exchange Network as Company Reels From crises
Friday marked the beginning of Silvergate’s suspension of its Silvergate Exchange Network due to what the company referred to as.
- by Oladapo Hapostle
- March 6, 2023
