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,…
Bitcoin Price Climb Back to $22000 Sign of Recovery?
Bitcoin price surged over 9% in a day.Federal Reserve decided to restore all deposits at the bankrupt Silicon Valley Bank.The largest cryptocurrency, Bitcoin ($BTC), starts the week with significant price…
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…
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88.The stablecoin issuer has recommended similar measures for DeFi protocols.MakerDAO has developed a…
Coinbase Updates Staking Conditions As SEC Clampdown on Industry.
There would be a “transparent Coinbase fee” as per the exchange.The U.S. SEC earlier penalized Kraken for its staking program.A month after U.S. authorities clamped down on similar offerings, Coinbase…
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…
Current Crypto Crash Does Not Seem To Be a Coincidence.
New York State’s Attorney General Letitia James classified Ethereum (ETH) as a security.The fall of Silicon Valley Bank has implications for the whole cryptocurrency sector.Bitcoin (BTC) fell roughly 8% in…
CryptoGPT Introduce its Native Token GPT
CryptoGPT’s Native crypto token GPT is live now.CryptoGPT price increased by over 20%.Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain CryptoGPT launches its native crypto token ‘GPT.’ By debuting its own…