New York Regulators Pull Down Another Crypto-Friendly Bank
Alexander GraysonTwo major crypto banks, Silvergate and Silicon Valley went down last week. This week started with another top crypto-friendly commercial…
Tension, as US Billionaire Investor Blast The Banking Industry
Brenda CollinsIt has been quite an interesting weekend for the crypto industry, and again, Bill Ackman, the United States investor has…
TRON Creator Demands Strong Banking Infrastructure
Curtis DyeOn March 12, Justin Sun, the creator of TRON's DAI blockchain ecosystem and Global Adviser to Huobi, took to Twitter…
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This Week in Crypto – BTC and ETH Crash Following Silicon Valley Bank and Silvergate Collapse
Most cryptocurrencies have recorded losses this week stemming from the collapse of Silvergate and Silicon Valley Bank. Market leaders Ethereum…
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DeFi Exchange Curve’s Stablecoin Pool Falls Out Of Balance
A well-known infrastructure backing stablecoin-related trade on Curve (a decentralized exchange) is witnessing an imbalance. This is so as the…
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USDC Investor Sinks $2M To Receive $0.05 USDT As Traders Attempt To Cut Loss
The crypto market is currently in turmoil after the revelation from Circle (USDC issuer) that Silicon Valley Bank failed to…
Tesla CEO Elon Musk Mulls Silicon Valley Bank Purchase
Mysterious Whales, a renowned cryptocurrency market alerts source, claimed that Twitter CEO Elon Musk is "open to the notion" of…
Binance CEO Ridicules Critics as Two US Banks Topple in the Same Week
The Chief Executive Officer of the biggest cryptocurrency exchange, Binance, Changpeng Zhao, turned to Twitter to make fun of US…
Tron Founder Justin Sun’s $82M Crypto Swap Shocks Aave Protocol V2
Recently, crypto mogul Justin Sun, also the founder of TRON, has made a monumental move in the cryptocurrency industry. Specifically,…
Signature Bank’s Stock Drops by 9% as Silvergate Prepares to Close Down
On Thursday, Signature Bank's stock fell after its major competitor Silvergate announced it was planning to halt operations. The stock…
Silvergate Seeks FDIC’s Help To Explore Solutions For Continued Operation
Silvergate, the California-based crypto banking institution, has reportedly talked with the Federal Deposit Insurance Corporation (FDIC) to avoid a potential…
Crypto Banking Firm BCB Set to Fill US Dollar Payments Gap Left by Exiting Silvergate
The founder and chief executive of BCB Group, Oliver von Landsberg-Sadie, announced plans to integrate US dollar-denominated payments. The official…
Bybit Suspends USD Deposits, Wire Transfers, and Withdrawals Discontinuation Looming
Singapore's headquartered crypto exchange, Bybit, declared on March 4 that it was suspending US dollar-denominated deposits. The notice reveals that…
Coinbase Stops Accepting Payments Through Silvergate Bank
Coinbase, a well-known crypto exchange, while referring to the ongoing investigation, declared terminating its collaboration with its USD banking partner…
HSBC Terminates Crypto Investments using its Credit Cards
HSBC, a London-based Behemoth bank, announced that users would no longer be able to obtain crypto using the institution's credit…
ZachXBT Calls Out Bitbns For Tagging $7.5M Hack As ‘System Maintenance’
ZachXBT, an on-chain detective, asserted that Bitbns, an Indian-based cryptocurrency exchange suffered a hack worth $7.5 million in February last…