[ad_1] Circle, the operator of one of the world’s largest stablecoins, has said $3.3bn of its reserves are trapped in Silicon Valley Bank, triggering a fall in the value of…
Category: Cypto
Failed tech bank SVB held over $5B for prominent crypto VCs: Report
[ad_1] According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6…
Banks down? That is why Bitcoin was created, crypto community says
[ad_1] The Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, uncertainty and doubt (FUD) across the crypto community, leading many to return to crypto roots — reviving…
Looking for the Next Big Thing in Crypto? This New Move-to-Earn Project Might Be It – Here’s Why
[ad_1] The crypto market is known for launching new projects on a regular basis. However, none has generated more excitement than the new lifestyle platform Fight Out, which seeks to…
Get Rewarded for Voting With This New Meme Crypto Platform – Will It Be the Next Shiba Inu?
[ad_1] If there is one thing blockchain has come to be associated with, it is disruption. Beginning from value exchanges amongst peers, the innovative accounting solution has since oiled its…
Cardano (ADA), Polygon (MATIC) losing their steam, and investors moving towards RenQ Finance (RENQ)
[ad_1] Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. The bear market of 2022 has had a significant impact on Cardano and Polygon. These…
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
[ad_1] Coinbase (COIN) hit the brakes on conversions between USDC stablecoin and US dollars late Friday as fallout from Silicon Valley Bank’s (SIVB) collapse spread into the heart of crypto…
More than $70B is wiped off crypto market in 24 hours
[ad_1] By Keith Griffith For Dailymail.com and Reuters 22:27 10 Mar 2023, updated 22:35 10 Mar 2023 Bitcoin dropped below $20,000 on Friday, to near a two-month low It follows…
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance – Exchanges Bitcoin News
[ad_1] Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which…
Crypto VC Firm Pantera Used Silicon Valley Bank as a Custodian
[ad_1] Crypto-focused venture capital and investment giant Pantera Capital recently had assets with now-shuttered Silicon Valley Bank (SVB), according to a regulatory filing last month. In a Form ADV dated…