Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto
The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners....
Day: March 16, 2023
US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service...
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US
On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman...
MakerDAO passes proposal for $750M increase in US Treasury investments
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure....
Swiss Bankers Association proposes deposit tokens to develop digital economy
A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been...
Bitcoin bears could face $440M loss in Friday’s options expiry
The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options...
Orca DEX to block US users from trading with its interface
The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however....
Ethereum core developers set April 12 for Shanghai hard fork
The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum's transition to a PoS consensus. A target...
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade...
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley...
How To Claim Arbitrum (ARB) Token Airdrop – Eligibility, Date & Process
The Arbitrum (ARB) airdrop is without a doubt, one of the most highly-anticipated events to take place in the crypto...
FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform. A class-action...
Shiba Inu community divided over allegations of code, chain ID plagiarism
"I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2,...
Binance-Voyager deal to proceed without holdings, NY judge rules
According to Judge Michael Wiles, any protractions with the deal will harm the interests of Voyager’s former clients, who are...
Blockchain Association seeks info from Fed, FDIC, and OCC on ‘de-banking’ crypto firms
The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to...
