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...
U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse.
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...
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...
Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call
Management spoke to investors on Thursday morning following release of the company's fourth quarter and full-year 2022 results.
Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis
The exchange’s current banking partner is only accessible to users based in the European Economic Area (EEA).
Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC
Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to...
Crypto Long & Short: Why Layer 2 Protocols Matter
They’re the overflow rooms for the bustling Bitcoin and Ethereum ecosystems.
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
Maverick Protocol said that its automated market maker algorithm offers investors more customization and the potential to earn greater...
Gitcoin’s Owocki Says Crypto Can Regenerate the World. Just Don’t Call Him Starry-Eyed
A programmer by training, Kevin Owocki's view of securities law is not based in any formal legal training but...
UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London
The FCA began taking action against illegal crypto ATMs last month, inspecting sites in the northern city of Leeds.
Silvergate’s Collapse May Spell Regulatory Trouble for Crypto
Silvergate’s woes are an ill omen for the broader crypto industry.
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital’s Assets, Judge Rules
The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the...
Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal
The fixed supply utility token will be locked for compliance usage.
Bitcoin, Ether Start the Week Slowly, With Fed’s Powell Testimony Looming
Cryptos’ declines last week appear to be a re-pricing of risk rather than an exit from the space.
TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
The miner also said it expects to reach 5.5 EH/s of computing power across its two sites by early...