Silicon Valley Bank Shut Down by Regulators Due To Financial Issues
The bank was shut down by authorities and transferred to the supervision of FDIC.On Wednesday, SVB reported that it had sold several instruments at a loss.As a result of a…
Elon Musk Open to the Idea of Acquiring Struggling Silicon Valley Bank
Elon Musk Open to the Idea of Acquiring Struggling Silicon Valley Bank EDITORS NEWSElon Musk stated that he is open to the concept, which is an interesting reaction.Musk has articulated…
Both Binance and Coinbase Temporarily Suspend USDC Conversions
Binance said it will halt USDC conversion to USD over the weekend. Circle said that Silicon Valley Bank still has $3.3 billion underpinning USDC.The two leading cryptocurrency exchanges, Binance and…
KuCoin Wallet Announce Official Integration With Fantom.
Easy access to all native Fantom assets is provided by KuCoin Wallet. All KuCoin Wallet users have direct access to the exciting dApps in the Fantom network and can purchase…
Gate.io Team up With Visa to Launch Crypto Debit Card in Europe
Gate has announced that it is now accepting registrations and waiting lists from users.The firm’s Lithuanian subsidiary, Gate Global UAB, will introduce the card.Even if the market were to tank,…
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three transactions, with the majority being…
Shibarium Beta Is Going Live This Week
The Shibarium hype caused price spikes in Shiba Inu tokens – SHIB, BONE, and LEASH.False updates related to Shibarium Beta are being posted via Shib-related fake accounts.The public launch date…
Binance NFT Announces Integration With Polygon Network
Users will now be able to buy, deposit, withdraw and list NFTs from the Polygon network on the Binance NFT marketplace. Cryptocurrency exchange Binance’s non-fungible token arm – Binance NFT…
Coinbase Introduces ‘Wallet as a Service’ To Boost Web3 Accessibility.
The goal is to remove the technical complexity associated with independent digital wallets.Coinbase wants to make wallet setup as simple as creating a username and password.On Wednesday, Coinbase introduced a…
Court Approves Binance U.S to Purchase Assets of Insolvent Voyager.
Voyager will sell Binance the assets worth $1 billion under the supervision of a US court.The judge voiced his displeasure with the SEC’s decision to halt the transaction. After much…