India’s Crypto Industry Finally Sees Lawmakers Engaging
The event managed to bring senior leaders from India’s ruling party and the opposition benches.
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.
Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Nonfarm Payrolls
Silicon Valley Bank, another crypto-friendly bank, comes under pressure. The bank is generally regarded as one of the default...
The Rise and Fall of Silvergate’s Crypto Business
The bank’s own data shows the rapid acceleration of its novel crypto-banking business and how leaning into digital assets...
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos...
Bitcoin Bears May Still Be a Bit Early, Though Caution Urged: Matrixport
Crypto investors should cut exposure by 50% if bitcoin prices fall below $22,800, the report said.
Silvergate Downgraded by JPM, Canaccord Amid Doubts of Bank’s Solvency
JPMorgan cut its recommendation on the stock to "Underweight" from "Neutral" and withdrew its price target.
$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators
In a court filing, the regulators cast doubt on Binance US' relationship with Binance.com, and alleged its staking service...
Token Offering of Asset Management Platform Factor Raises Roughly $7.6M
Several hours before the public sale ended, Factor announced changes to decrease the initial circulating supply.
EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official
The European Commission plans to set out policy on virtual worlds in May.
Crypto Markets Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths
Investors have begun sending bitcoin to exchanges while continuing to remove ether.
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all...
Sam Bankman-Fried, Caroline Ellison, and Other Company Insiders Subpoenaed by FTX for Documents
The Subpoenas come after a U.S. judge overseeing bankruptcy proceedings gave a green light to FTX's Official Committee of...
BNB Chain Aims to Double Transaction Speed, Targets ZK Tooling in 2023 Roadmap
It also aims to more than triple the number of validators to 100.
Crypto Markets Analysis: Cryptos Upswing Stalls This Week Amid Fresh Regulatory Concerns
Bitcoin and ether decoupled from traditional assets as the crypto industry’s main narrative shifted from macroeconomic uncertainty to the...
Crypto Markets Today: Bitcoin Dips Below $23K Ahead of Fed’s Meeting
Also: The Sandbox’s SAND token surges ahead of its token unlock. Equities close lower.