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Altcoin
Ripple CTO Promises Update on SVB Exposure
In a recent Twitter exchange, Ripple CTO David Schwartz promised an update on the platform’s SVB exposure. Specifically, Schwartz responded to a question from a…
Why the USDC depeg is not a reason to panic
Ad The following is a guest post by Anndy Lian.The crypto industry is currently experiencing anxiety due to concerns about the potential detachment of USDC, a…
Stablecoins rally as Circle announces it will cover all USDC deposits 1:1
Quick TakeOn Saturday, March 11, Circle CEO Jeremy Allaire announced that Circle pledges to cover any shortfall in the assets backing USDC if it does not receive…
Is the crypto industry in danger? VC Nic Carter says Operation Choke Point 2.0 is well…
Ad According to venture capitalist and longtime crypto supporter Nic Carter, the recent crackdown on the US crypto industry can be dubbed “Operation Choke Point…
Shibarium Blockchain Beta Now Live
Shiba Inu has emerged as one of the most prominent meme coins. What made the meme coin exceptional among the lot were the various developments and projects. The…
Silvergate: A postmortem | CryptoSlate
IntroductionSilvergate bank announced it would begin winding down operations and undergo voluntary liquidation.On March 8, the bank said it was exploring how it…
Gemini Dollar GUSD Depegs, Drops to $0.9793
The stablecoin realm has been going through a tough time over the weekend due to the banking drama and Circle. Circle (USDC) has undoubtedly gained attention…
SEC Wells Notice, what is it and why more may be coming
Ad On February 21, Paxos halted the issuance of new BUSD tokens after it was given a Wells Notice, a document the SEC provides to entities under investigation.The…
Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
Ad California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down, according to an announcement from financial regulators on March…
U.S. government appeals Voyager-Binance.US deal
Ad The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9.Two…
