Europe Edition

The latest price moves in crypto markets in context for March 13, 2023....

Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said...

Risk assets pared gains while bond yields tanked as emergency measures announced by U.S. authorities failed to assuage investor fears about banking sector problems....

The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC....

OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected....

Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday....

The Fed's aggressive rate hikes and balance sheet reduction have caused a historic bank failure — fashioning a real-time ad for Bitcoin self-custody, observers said....

Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows....

Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse...

Binance tapped into its Industry Recovery Initiative funds to cover the move....

Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens....

Markets jumped amid respite from the U.S. government and USD Coin-issuer Circle....

Stablecoin issuer says USD funds held at Signature bank are now fully backstopped by Fed....

"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system," a joint statement read....

Signature said it intended to limit its crypto exposure last year....

Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple "remains strong."...

The price of the largest cryptocurrency briefly rose back above $21,500 before giving back some gains....

While the Coinbase premium is usually taken to represent stronger buying pressure from stateside investors, that's probably not the case this time....

The company plans to use corporate resources to fill the gap, including external capital....

Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows....

USDC's normally stable price sank to $0.869 from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed....

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates....

Stablecoin issuer Circle held an undisclosed amount of USDC's cash reserves at now-failed Silicon Valley Bank....

The most valuable crypto stories for Friday, March 10, 2023....

USDC dropped to $0.973, its lowest level since the collapse of FTX....

The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution....

El colapso del banco de criptomonedas ms reconocido podra ser una oportunidad para las stablecoins y otros proveedores de servicios financieros....

Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?...

A regulatory filing shows the shuttered bank as one of three custodians for Pantera's funds....

The collapse of Silicon Valley Bank is causing turmoil in crypto stablecoin markets....

A deep-dive into regulatory filings shows how Silvergate Bank's collapse was, in a strange way, the ideal scenario for a failing institution. Sure, shareholders got wiped out, but depositors are made whole and the Federal Deposit Insurance Corp. isn&#...

The outcome of the New York Attorney General's lawsuit against KuCoin could prompt federal regulatory action against the second-largest crypto asset, says Penn State University Dickinson Law professor Tonya Evans....

The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to...

California regulators shut down the bank Friday after reportedly failing to find a buyer....

Some of the services provided by Silvergate will migrate to other banks such as Signature Bank, Provident Bancorp, Metropolitan Commercial Bank and Customers Bancorp, the report said....

The startup-focused bank had a number of crypto clients....

Bitcoin (BTC) breached below the $20,000 level as crypto investors digest the recent latest developments of Silvergate Bank winding down operations and Silicon Valley Bank being shut down by the California Department of Financial Protection and Innovation...

Average funding rate for perpetual futures contracts in bitcoin remains positive, but the largest token by market capitalization is on track for its biggest weekly drop since early November as investors react to recent news from Silvergate and Silicon Val...

Silicon Valley Bank (SVB) was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days after Silvergate Bank announced its decision to wind down operations. CoinDesk Editor a...

The U.S. Treasury Department has proposed a 30% excise tax on the cost of powering crypto mining facilities. CoinDesk Editor at Large Christie Harkin weighs in on the reasons behind the proposal and how regulators view digital asset mining....

A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20%....

$11.4 billion of USDC reserves are held in the form of cash at Reserve Banks, which include the two members of the Federal Reserve System....

Silicon Valley Bank, which has long played a role in managing money for venture capital-funded startups, was shut down by state regulators on Friday. CoinDesk Editor at Large Christie Harkin and Managing Editor of Tech and Protocols Brad Keoun explain why...

A toxic cocktail of inflationary fears, crypto industry contagion and concerns about a possible U.S. government bitcoin sale has pressured market prices....

Circle's USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon Valley Bank....

Ark now owns 9.9 million shares of the crypto exchange worth $575 million....

Variety previously reported that Claire Silver, an NFT artist that uses artificial intelligence, would be exhibiting her latest collection at The Louvre....

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US....