2023-03-13 12:44 |
CoinDesk |
First Mover Americas: Bitcoin Gains as FDIC Steps In for Silicon Valley Bank...
The latest price moves in crypto markets in context for March 13, 2023.... |
2023-03-13 10:40 |
CoinDesk |
Silicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank...
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said... |
2023-03-13 10:13 |
CoinDesk |
Bitcoin, U.S. Stock Futures Erase Early Gains as First Republic Bank Tanks 50% in Pre-Market Trading...
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.... |
2023-03-13 09:55 |
CoinDesk |
Euler DeFi Protocol Exploited for Nearly $185M...
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.... |
2023-03-13 09:28 |
CoinDesk |
OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank's Collapse...
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected.... |
2023-03-13 09:06 |
CoinDesk |
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told...
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.... |
2023-03-13 09:06 |
CoinDesk |
Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers...
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.... |
2023-03-13 08:29 |
CoinDesk |
Smart Money Staying Put as USDC Remains Off-Peg...
Data from Nansen shows that the total amount held by smart money wallets, and active addresses, are at multi-month lows.... |
2023-03-13 08:22 |
CoinDesk |
IMF Had Warned G-20 That Widespread Crypto Use Would Impact Banks...
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2023-03-13 08:07 |
CoinDesk |
HSBC Subsidiary to Acquire Silicon Valley Bank's U.K. Unit for 1 Pound...
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse... |
2023-03-13 07:43 |
CoinDesk |
Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other Tokens...
Binance tapped into its Industry Recovery Initiative funds to cover the move.... |
2023-03-13 07:15 |
CoinDesk |
USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve...
Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.... |
2023-03-13 06:03 |
CoinDesk |
Bitcoin, Ether Retrace Weekend Losses As Bears See $183M in Short Liquidations...
Markets jumped amid respite from the U.S. government and USD Coin-issuer Circle.... |
2023-03-13 06:00 |
CoinDesk |
After Landmark Crypto Law, European Politicians Contemplate Building Their Own Blockchain...
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2023-03-13 04:31 |
CoinDesk |
TrueUSD Says 'Small Number' of Users Impacted by Signature Bank Closure...
Stablecoin issuer says USD funds held at Signature bank are now fully backstopped by Fed.... |
2023-03-12 22:30 |
CoinDesk |
Silicon Valley Bank Depositors Will Have Access to "All" Funds Monday, Say Federal Regulators...
"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system," a joint statement read.... |
2023-03-12 22:25 |
CoinDesk |
Crypto-Friendly Signature Bank Shut Down by State Regulators: Fed...
Signature said it intended to limit its crypto exposure last year.... |
2023-03-12 21:47 |
CoinDesk |
Ripple Had 'Some Exposure' to Silicon Valley Bank, Says CEO...
Brad Garlinghouse declined to say how much capital is at the failed bank but said Ripple "remains strong."... |
2023-03-12 21:00 |
CoinDesk |
Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors...
The price of the largest cryptocurrency briefly rose back above $21,500 before giving back some gains.... |
2023-03-12 18:32 |
CoinDesk |
USDC Volatility Lifts Bitcoin's Coinbase Premium to 3-Year High...
While the Coinbase premium is usually taken to represent stronger buying pressure from stateside investors, that's probably not the case this time.... |
2023-03-11 20:58 |
CoinDesk |
Circle to 'Cover Any Shortfall' in USDC Reserves, Sparking Stablecoin Rally...
The company plans to use corporate resources to fill the gap, including external capital.... |
2023-03-11 19:15 |
CoinDesk |
Traders Bet on USD Coin Rebound as USDC Falls to 90 Cents...
Some $4 million in USDC futures were liquidated in the past 24 hours, Coinglass data shows.... |
2023-03-11 18:20 |
CoinDesk |
USDC Stablecoin Depegs, Crypto Market Goes Haywire After Silicon Valley Bank Collapses...
USDC's normally stable price sank to $0.869 from $1 while Ethereum gas fees soared hours after the crypto-tied bank failed.... |
2023-03-11 16:20 |
CoinDesk |
CoinDesk USD Stablecoin Equal Weight Index (USCE)...
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.... |
2023-03-11 01:05 |
CoinDesk |
Circle's USDC Endured $1B of Net Redemptions Since Silicon Valley Bank's Shutdown...
Stablecoin issuer Circle held an undisclosed amount of USDC's cash reserves at now-failed Silicon Valley Bank.... |
2023-03-11 00:42 |
CoinDesk |
Silicon Valley Bank Shut Down by State Regulators; Meta Reportedly Explores Decentralized App...
The most valuable crypto stories for Friday, March 10, 2023.... |
2023-03-11 00:06 |
CoinDesk |
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal...
USDC dropped to $0.973, its lowest level since the collapse of FTX.... |
2023-03-11 00:05 |
CoinDesk |
USDC Issuer Circle Says it 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse...
The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution.... |
2023-03-10 23:39 |
CoinDesk |
Cules podran ser los cuatro ganadores de la cada de Silvergate...
El colapso del banco de criptomonedas ms reconocido podra ser una oportunidad para las stablecoins y otros proveedores de servicios financieros.... |
2023-03-10 23:06 |
CoinDesk |
Who Failed Silicon Valley Bank Depositors?...
Should we point fingers at Silicon Valley Bank, the Federal Reserve, the banking system, crypto or the depositors themselves?... |
2023-03-10 23:02 |
CoinDesk |
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian...
A regulatory filing shows the shuttered bank as one of three custodians for Pantera's funds.... |
2023-03-10 23:00 |
CoinDesk |
DeFi Protocol Curve's $500M Stablecoin Pool Hammered as Traders Flee USDC...
The collapse of Silicon Valley Bank is causing turmoil in crypto stablecoin markets.... |
2023-03-10 22:08 |
CoinDesk |
How Silvergate's Crypto Collapse Differed From Silicon Valley Bank's: No Bailout...
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... |
2023-03-10 22:07 |
CoinDesk |
Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says...
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.... |
2023-03-10 22:07 |
CoinDesk |
Crypto Bank Silvergate Shutdown: Three Key Takeaways...
The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to... |
2023-03-10 21:30 |
CoinDesk |
The 2nd Biggest Bank Failure In American History: Silicon Valley Bank Is No More...
California regulators shut down the bank Friday after reportedly failing to find a buyer.... |
2023-03-10 21:22 |
CoinDesk |
Replacing Silvergate's Network Is a Challenge for Crypto Industry: JPMorgan...
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.... |
2023-03-10 21:12 |
CoinDesk |
Silicon Valley Bank Shuttered by State Regulators...
The startup-focused bank had a number of crypto clients.... |
2023-03-10 20:49 |
CoinDesk |
Silicon Valley Bank Rocks Crypto and Equity Markets Following February Jobs Report...
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... |
2023-03-10 20:47 |
CoinDesk |
Bitcoin Poised for Biggest Weekly Drop Since Early November...
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... |
2023-03-10 20:45 |
CoinDesk |
Why Silicon Valley Bank's Collapse Matters for the Crypto Industry...
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... |
2023-03-10 20:44 |
CoinDesk |
U.S. Treasury Suggests 30% Excise Tax on Crypto Mining Firms...
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.... |
2023-03-10 20:36 |
CoinDesk |
On-Chain Liquidations Beckon as Ether Slumps to 2-Month Low...
A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20%.... |
2023-03-10 20:33 |
CoinDesk |
Crypto Wallets Withdraw $902M USDC From Centralized Exchanges in Past 24 Hours Amid SVB, Silvergate Shutdowns...
$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.... |
2023-03-10 20:26 |
CoinDesk |
Bitcoin Falls Below $20K Amid Silicon Valley Bank Collapse...
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... |
2023-03-10 20:13 |
CoinDesk |
Bitcoin, Ether Fall for Third Consecutive Week...
A toxic cocktail of inflationary fears, crypto industry contagion and concerns about a possible U.S. government bitcoin sale has pressured market prices.... |
2023-03-10 19:54 |
CoinDesk |
Scrutiny Falls on $43B USDC Stablecoin's Cash Reserves at Failed Silicon Valley Bank...
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.... |
2023-03-10 19:39 |
CoinDesk |
Cathie Wood's Ark Invest Buys $22M in Coinbase Shares...
Ark now owns 9.9 million shares of the crypto exchange worth $575 million.... |
2023-03-10 19:35 |
CoinDesk |
CORRECTED: Louvre Museum Denies Reports of AI Artist Claire Silver's Exhibition...
Variety previously reported that Claire Silver, an NFT artist that uses artificial intelligence, would be exhibiting her latest collection at The Louvre.... |
2023-03-10 19:21 |
CoinDesk |
U.S. Justice Dept. Appeals New York Judge's Decision to Approve Voyager's Sale to Binance.US...
The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.... |