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A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets...
Year: 2023
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The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to...
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Billionaire Bill Ackman has urged the United States government to “guarantee” all deposits held by Silicon Valley Bank (SVB) within...
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The death spiral of the Terra (LUNA) and TerraUSD (UST) ecosystem served as a catalyst to the 2022 bear market...
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Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail...
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Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank may affect regional banks...
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The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it...
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that another bank is set to...
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Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the...
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On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity...
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Top Stories This Week Silicon Valley Bank shut down by California regulator, holding over $5 billion for prominent crypto VCs...
6 min read
Top Stories This Week Silicon Valley Bank shut down by California regulator, holding over $5 billion for prominent crypto VCs...
6 min read
Top Stories This Week Silicon Valley Bank shut down by California regulator, holding over $5 billion for prominent crypto VCs...
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After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based...
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USD Coin (USDC) issuer Circle plans to use "corporate resources" to cover the shortfall on its reserves following Silicon Valley...
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Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation...
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Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility...
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According to a post on Mar. 11 by Bob Elliot, chief investment officer of Unlimited Funds, relief efforts may already...
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The Cosmos community has approved a vote to add “replicated security (RS)” to its chain, with 99.99% of votes in...
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On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw...
