Swedish pension fund Alecta dumps First Republic Bank shares after price plummetsThe Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.Mar 21, 2023Derek Andersen
Why is Bitcoin rising amid collapsing banks? Watch The Market ReportOn this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing.Mar 21, 2023Adrian J. Permal
Anonymous DAO tomi raises $40M for 'surveillance-free' internet The anonymous group of crypto developers is promoting the use of a decentralized autonomous organization to govern an alternative version of the internet.Mar 21, 2023Sam Bourgi
Congressional privacy proposals could kill scores of blockchain projectsLawmakers may be on the brink of scaring blockchain projects into moving offshore or causing them to shut down altogether.Mar 21, 2023Luke Hogg
DeFi insurance payouts amounted to $34.4M in 2022: ReportNinety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.Mar 21, 2023Zhiyuan Sun
7 real-world cloud computing examples to knowFrom streaming videos to cloud storage solutions, cloud computing has become an integral part of our everyday lives.Mar 21, 2023Dr. Guneet Kaur
ZenGo uncovers 'red pill attack' vulnerability in popular Web3 appsThe vulnerability has since been patched, although it affected several leading transaction simulation vendors.Mar 21, 2023Zhiyuan Sun
Neal Stephenson on the metaverse: ‘It’s happening in a different way’ Author Neal Stephenson said that many Web3 problems come from projects wanting to financialize everything very quickly.Mar 21, 2023Kristina Lucrezia Cornèr
Mt. Gox creditor saga: What lessons has the Bitcoin community learned?The downfall of Mt. Gox continues to highlight the importance of greater transparency and accountability within the cryptocurrency industry.Mar 21, 2023Shiraz Jagati
Yellen defends government intervention to avoid another SVBThe U.S. Treasury Secretary Janet Yellen said the federal government would intervene if necessary to protect other small lenders.Mar 21, 2023Savannah Fortis
Best and worst countries for crypto taxes — plus crypto tax tipsResident tax expert Elias Ahonen looks at the best and worst countries in the world for crypto taxes. Where do the U.S. and U.K. rank?Mar 21, 2023Elias Ahonen
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs Web3 was a major theme at SXSW 2023, yet previous hype around NFTs and building during a bear market may be contributing factors to Web3 adoption.Mar 21, 2023Rachel Wolfson
Celsius lawyer and adviser fees on track to reach $144M, community respondsSoftware developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed.Mar 21, 2023Ezra Reguerra
SVB contagion: Australia purportedly asks banks to report on cryptoAustralia’s prudential regulator has purportedly told banks to improve reporting on crypto assets and provide daily updates.Mar 21, 2023Helen Partz
OKX latest proof of reserves reveals $8.9B in assetsLennix Lai, managing director of Global Institutional at OKX, spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry.Mar 21, 2023Savannah Fortis
Holding Bitcoin: A profitable affair 88.5% of daysBitcoin’s historical price performance confirms that a hard limit on total supply and seamless global usability is critical to becoming a store of value.Mar 21, 2023Arijit Sarkar
MetaMask enables direct crypto purchases in NigeriaCrypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin.Mar 21, 2023Helen Partz
Coinbase submits petition to SEC explaining that staking is not securitiesThe company continues its fight against the SEC’s position on crypto staking.Mar 21, 2023David Attlee
Arbitrum token finds its way to OTC market before airdropFollowing the Arbitrum airdrop announcement, crypto users eligible for it are already selling them in OTC markets.Mar 21, 2023Amaka Nwaokocha
SpankPay crypto payment service shutters, citing ‘hostile banking environment’SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results.Mar 21, 2023Stephen Katte
US exploring ways to guarantee the country’s 18T of bank deposits: ReportThe current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.Mar 21, 2023Brian Quarmby
Core Scientific to transfer $20M of equipment to settle bankruptcy disputeMillions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute.Mar 21, 2023Jesse Coghlan
Crypto.com customer accused of $7M spending spree granted bailThe judge said that imprisonment wasn’t necessary because Jatinder Singh couldn’t flee Australia without his Indian passport.Mar 21, 2023Brayden Lindrea
DefiLlama resolves internal strife, sends LLAMA token plans alpaca'nAfter resolving the issue internally, the forked variant of its analytics platform now redirects to the official website.Mar 21, 2023Brian Quarmby
Euler Finance to enter talks with exploiter over the return of fundsThe flash loan exploiter claims they have “no intention of keeping what is not ours” and wants to “come to an agreement” with Euler Finance.Mar 21, 2023Brayden Lindrea
Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time highSentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago.Mar 20, 2023Stephen Katte
Mastercard to settle transactions for stablecoin wallet in APACMastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.Mar 20, 2023Helen Partz
IMF examines CBDC design in context of Islamic banking, finds some risks magnifiedA central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.Mar 20, 2023Derek Andersen
Coinbase pauses support for Signature Bank’s Signet: ReportThe U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.Mar 20, 2023Turner Wright
In the aftermath of banks’ horrorshow: Law Decoded, March 13–20. A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.Mar 20, 2023David Attlee