Bitcoin Surpasses $24000 to Confirm Next Bull Run?
On March 13, Bitcoin recorded 18% as its highest 24h surge. Nearly 1.7 million BTC are left to be mined – 19,317,068 BTC in current circulation.The decentralized pioneer Bitcoin transitions…
Silicon Valley Bank Sued by Shareholders Alleging Fraud.
Silicon Valley Bank has over $16 billion in unrealized losses as of the closing date.The complaint alleges mismanagement of circumstances that led to its downfall.As per reports from Bloomberg, investors…
Binance To Stop Deposits and Withdrawals in British Pound.
New users will no longer be able to fund their accounts with British Pounds.Current customers would retain access to their British pound funds.Binance, a cryptocurrency exchange, has announced that it…
Meta Plans to Stop Support for NFTs on Facebook and Instagram.
According to Stephane Kasriel, the closure will enable the business to focus on other ways to support creators. Meta is also planning layoffs in the coming months.Just over a year…
Coinbase Reveals $240M Exposure to Closed Signature Bank.
Paxos disclosed a $250 million holding at Signature Bank. Coinbase said that it anticipates a complete recovery of the monies.Many cryptocurrency firms announced on Twitter if they were impacted by…
HSBC Recently Purchase Distressed Silicon Valley Bank in UK
HSBC Acquires Recently Closed Silicon Valley Bank UK BITCOIN NEWSPurchasing SVB UK is a smart strategic move for the company in the UK as per Quinn.SVB was privately sold to…
Rich Dad Poor Dad Author “Robert Kiyosaki” Warns of Another Bank Crashing Amid Recent Fallout
Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997. In February, he predicted that Bitcoin will be worth $500,000 by the year 2025.Robert Kiyosaki, author of…
An Indian Student Commited Suicide After He Was Scammed Via Crypto Investment
The victim was a second-year B.Com student in the Indian city of Lucknow.After hearing the company’s assurances of profits, the student sent over $4,200 in BTC.When it comes to cryptocurrency,…
Silicon Valley Bank UK Closed by Bank of England
The bank liquidators would be responsible for handling the remaining SVB UK assets.Major blockchain VCs had over $6 billion in assets with the bankrupt financial firm.In a statement made on…
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…