Crypto Payments Specialist Stellar Bridges Fiat and Stablecoins to Polkadot
The Spacewalk bridge built by recent parachain winner Pendulum is focused on connecting DeFi to forex markets.
BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney
The company had millions deposited with Silicon Valley Bank, but regulators intervened Sunday evening to safeguard all customer monies.
USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
The stablecoin fell below $1 in value on Friday, after it emerged that some portion of issuer Circle’s funds...
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...
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 to a domino effect.
USDC Stablecoin and Crypto Market Go Haywire After Silicon Valley Bank Collapses
USDC's normally stable price sank to $0.89 from $1 while Ethereum gas fees soared hours after the crypto-tied bank...
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...
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...
Reviewing Code is Mind-Numbing: Q&A With Bitcoin Maintainer Andrew Chow
He stumbled upon Bitcoin in high school while looking for ways to pay for his favorite video games. He...
Finance Is Headed Toward Bank-Free, Decentralized Future: Bernstein
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, the report...
Bitcoin Falls Below $20K as 2023 Rally Reverses
A hawkish Fed, the demise of crypto-friendly Silvergate Bank, and a possible government sale of Silk Road-related bitcoin have...
What Happens If Ether Is a Security?
A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list...
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
President Joe Biden unveiled his 2023 budget proposal on Thursday.
Silvergate Bank ‘Had to Be Perfect’ but Now Pays a Heavy Price: Strategist
Crypto adoption by TradFi companies “got just that much harder in the last 24 hours,” said Jim Bianco, president...
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
House Majority Whip Emmer is seeking to halt the Federal Reserve’s ability to issue a new digital dollar.
Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors
Bitcoin, ether and other major cryptocurrencies declined as the crypto-focused lender’s crisis continued to unfold.