US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted due to extreme losses.Mar 13, 2023William Suberg
Okcoin suspends USD deposits in wake of Signature Bank closureU.S. dollar withdrawals on Okcoin are not affected by the suspension.Mar 13, 2023Zhiyuan Sun
State caps or federal regulation: What’s next for political crypto donationsThe industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation.Mar 13, 2023David Attlee
314M USDC sent to null address as redemptions begin: ReportThe token is on the verge of restoring its 1:1 peg with the U.S. dollar after falling to a historic low of $0.87 per token two days prior.Mar 13, 2023Zhiyuan Sun
11 classic memes that have been sold as NFTsIconic memes as NFTs: Own a piece of internet history with Nyan Cat, Stonks and more.Mar 13, 2023Alice Ivey
Crypto industry may escape lasting damage from Silvergate liquidation Some foresee benefits if the U.S. finally gets sensible crypto regulation post-Silvergate, and traditional banks “may become warmer to establishing [crypto] relationships.”Mar 13, 2023Andrew Singer
Silicon Valley Bank collapse: How SVB stock price performed in 5 yearsSilicon Valley Bank was rated as one of the top banks in America for five years running prior to its closure by U.S. regulators in March 2023.Mar 13, 2023Gareth Jenkinson
All rise for the robot judge: AI and blockchain could transform the courtroomDo the developers of legal bots have sufficient knowledge and experience of the law? Is the data used to “train” their algorithms timely? Will critical evidence be filtered out?Mar 13, 2023Andrew Singer
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snapsThe market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, with some casualties left behind.Mar 13, 2023Nivesh Rustgi
Circle taps Cross River as banking partner, expands ties with BNY MellonCircle announced a new banking partner after Silicon Valley Bank’s failure, and is expanding ties with BNY Mellon.Mar 13, 2023Amaka Nwaokocha
Privacy-focused blockchain network closes Aztec Connect toolAztec Network said the research made with Aztec Connect would be usable and critical to developing a next-generation blockchain.Mar 13, 2023Helen Partz
Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this weekBitcoin and crypto react bullishly to news that the Fed is providing liquidity again after the failure of Silicon Valley Bank and Signature Bank.Mar 13, 2023William Suberg
Euler Finance hacked for over $195M in a flash loan attackEuler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens.Mar 13, 2023Prashant Jha
Coinbase CEO ponders banking features after Silicon Valley Bank crisisCoinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neobank.Mar 13, 2023Gareth Jenkinson
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to native cryptocurrencies such as Bitcoin.Mar 13, 2023Savannah Fortis
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block rewardMining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years.Mar 13, 2023Prashant Jha
Breaking: Silicon Valley Bank UK arm acquired by HSBC for 1 poundBanking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21).Mar 13, 2023Helen Partz
Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court sagaCourt cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023.Mar 13, 2023Savannah Fortis
Nissan files 4 new Web3 trademarks, trials sales in the metaverseNissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands.Mar 13, 2023Stephen Katte
Coinbase, Celsius and Paxos disclose funds in Signature BankThe crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.Mar 13, 2023Jesse Coghlan
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks.Mar 13, 2023Stephen Katte
Biden vows to hold accountable those responsible for SVB, Signature collapseUnited States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.”Mar 13, 2023Brayden Lindrea
OpenSea patches vulnerability that potentially exposed users’ identitiesCybersecurity firm Imperva found a vulnerability that could be used to link user information such as email addresses and phone numbers to NFTs, which has now been patched.Mar 13, 2023Jesse Coghlan
USDC bounces back toward $1 peg after Fed announcementPositive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.Mar 13, 2023Brian Quarmby
Ripple CEO assures ‘strong financial position’ despite SVB collapseIn a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.Mar 12, 2023Derek Andersen
US Fed announces $25B in funding to backstop banksThe Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues.Mar 12, 2023Jesse Coghlan
Breaking: Signature Bank closed by New York regulators, citing ‘systemic risk’The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.Mar 12, 2023Brayden Lindrea
Silicon Valley Bank collapse: Everything that’s happened until now Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the last week.Mar 12, 2023Derek Andersen
Bank of London bids to acquire Silicon Valley Bank’s UK armThe global clearing bank is leading a consortium of private equity firms seeking to purchase SVB’s British arm.Mar 12, 2023Ana Paula Pereira
US authorities preparing ‘material action’ to curb SVB contagion The White House assessed the impact of Silicon Valley Bank’s failure over the weekend with keen attention to venture capital firms and regional banks.Mar 12, 2023Ana Paula Pereira