Finance – Page 120 – BitlyFool.com

March 13, 2023

Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank

Marathon terminated a credit facility with Silvergate last week.… More...

March 13, 2023

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos

The Circle-issued USDC stablecoin regained its peg to the U.S. dollar… More...

March 13, 2023

Euler DeFi Protocol Exploited for Nearly $185M

The losses occurred over four transactions in dai (DAI), wrapped… More...

March 13, 2023

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… More...

March 13, 2023

Smart Money Staying Put as USDC Remains Off-Peg

Data from Nansen shows that the total amount held by smart money wallets,… More...

March 13, 2023

HSBC Subsidiary to Acquire Silicon Valley Bank’s U.K. Unit for 1 Pound

The bank said the deal is a move to strengthen it's regional presence.… More...

March 13, 2023

Bank of Russia Registers Another Digital Asset Issuer

The Central Bank of Russia has added another entity to its register… More...

March 13, 2023

TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure

Stablecoin issuer says USD funds held at Signature bank now fully… More...

March 12, 2023

Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

Ripple, best known for its connection to XRP, kept some capital at… More...

March 12, 2023

Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors

March 12, 2023

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

After the failure of Silicon Valley Bank (SVB), a great deal of Americans… More...

March 12, 2023

Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors

Yellen sought to ease concerns that the bank’s collapse could lead… More...

March 11, 2023

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including… More...

March 11, 2023

USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity

On Saturday, March 11, 2023, crypto advocates are concerned as a few… More...

March 11, 2023

Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto

Circle's USDC stablecoin was hit by the shutdown of Silicon Valley… More...

March 10, 2023

Circle Confirms $3.3B of USDC’s Cash Reserves Stuck at Failed Silicon Valley Bank

Silicon Valley Bank, one of the reserve banking partner for Circle's… More...

March 10, 2023

USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse

In its first statement following the collapse of Silicon Valley Bank,… More...

March 10, 2023

Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian

A regulatory filing shows the shuttered bank as one of three custodians… More...

March 10, 2023

DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC

Curve's 3pool is supposed to have equal parts USDC, DAI and USDT. The… More...

March 10, 2023

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… More...

March 10, 2023

Signature Bank Considered a Buy as Last Major Bank Standing in Crypto Market Amid Silvergate and SVB Troubles

Amid the demise of Silvergate Bank and the troubles faced by Silicon… More...

March 10, 2023

DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source

Troubled DeFi stablecoin exchange mStable has been searching for… More...

March 10, 2023

Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations

The unemployment rate fell/rose/held steady to 3.X% ....… More...

March 10, 2023

Cathie Wood’s ARK Purchases Over 350K Coinbase Shares in Biggest Buy of 2023

ARK now owns 9.9 million COIN shares, worth $575 million which is around… More...

March 10, 2023

Nigerian president-elect aims to use blockchain technology in the banking sector

The Nigerian president-elect wants to review existing SEC digital… More...

March 10, 2023

Replacing Silvergate’s Network Is a Challenge for Crypto Industry: JPMorgan

Some of the services provided by Silvergate will migrate to other… More...

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