FDIC to attempt another auction of Silicon Valley Bank: Report
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Silicon...
Day: March 13, 2023
Meta pulling the plug on NFTs across Instagram and Facebook
The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the...
Bitcoin surges past $24,000 on CME launch of BTC event contracts
Bitcoin futures on CME have traded 550,000 contracts since inception. On March 13, American derivatives marketplace CME announced the launch...
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets. The price of Bitcoin...
FBI, NY authorities probes collapse of TerraUSD stablecoin: Report
The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding...
Marathon Digital: Deposits held at Signature Bank are secure and available
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up...
Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has...
USDC depegged, but it’s not going to default
USD Coin is going to survive Silicon Valley Bank’s collapse. But it should inspire advocates of cryptocurrency to prepare for...
Recent contagion was ‘TradFi to crypto’ and not vice versa — Circle policy director
“What happened over the last several days was a bit of an ironic black swan situation where the contagion was...
Bitcoin Price Prediction for Today, March 13: BTC/USD Climbs Above $24K; Ready for Higher Levels?
The Bitcoin price prediction is showing positive signs as the king coin heads to the upside, suggesting further higher levels....
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature...
Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with...
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion...
Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose...
US banks experience volatility and trading halts amid bank failures and presidential assurances
Dozens of regional banks saw share price swings that triggered trading halts as banks of all sizes feel the impact...
