TRON network founder Justin Sun has offered financial support to anyone building “a reliable bank that can cater to the needs of the crypto industry.” In a March 12 Twitter thread, Justin Sun said the […]
According to media reports, Silicon Valley Bank (SVB) paid annual bonuses to all eligible employees while its CEO cashed out stock options before its collapse. SVB CEO Greg Becker sold $2.27 million worth of the […]
DeFi and Bitcoin have disrupted the financial world, raising questions about the future of traditional retail banks. DeFi offers decentralized financial services outside of traditional banking. While Bitcoin provides a decentralized and borderless currency. Can […]
After depegging yesterday, USD Coin (USDC) rallied back to as high as $0.98 following news that its issuer Circle promised to cover any shortfall in its reserves amid the Silicon Valley Bank (SVB) crisis. According […]
A powerful new on-chain analysis tool has been released – the Bitcoin Cycle Extremes indicator. It is designed to help find extreme conditions in the Bitcoin market. It attempts to answer the ultimate question of […]
The company plans to use corporate resources to fill the gap, including external capital. Source link
Cardano founder Charles Hoskinson believes that algorithmic stablecoins would help to achieve Satoshi Nakamoto’s vision for Bitcoin. According to him, banks will always let users down. Hoskinson was reacting to Kraken’s CEO Jesse Powell’s observation that USDT’s […]
As the crypto industry continues to grow, it has faced increasing scrutiny from regulators around the world. Recent months have seen the collapse of several high-profile crypto-friendly banks, including FTX, Celsius, and Silvergate. These collapses […]
Other cryptocurrencies did not post similar gains, however, suggesting traders were not taking risks on lesser-known tokens yet. Polygon’s matic (MATIC) was up 1.6% while BNB Coin (BNB) and XRP were up a nominal 2% […]
South Dakota governor Kristi Noem has vetoed House Bill 1193. The bill changes the definition of money to exclude cryptocurrencies like Bitcoin and includes support of a central bank digital currencies (CBDC). In a March […]
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