First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
After a tense Thursday and Friday, crypto investors were reassured by Federal regulators’ decision to fully restore Silicon Valley Bank.
Bitcoin News
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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),.
- by Oladapo Hapostle
- March 12, 2023
Bitcoin News
USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed
Market players are concerned about Silicon Valley Bank’s contagion after Friday’s second-largest bank collapse (SVB). Venture capitalists and crypto executives.
- by Oladapo Hapostle
- March 11, 2023
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.
- by Oladapo Hapostle
- March 11, 2023
Latest News
Coinbase reiterates that staking services will continue, despite SEC crackdown
Coinbase has reassured users that its staking services will continue and “may actually increase” despite the recent crackdown by the.
- by Oladapo Hapostle
- March 11, 2023
