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At the time of writing, USDC had lost over 10% of its value as it traded at $0.8774, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan.

Circle joined other customers and depositors in calling for the continuity of SVB in the U.S. economy.

BlockFi’s capital allocated to the money market mutual fund is not FDIC insured; however, the fund doesn’t appear to be managed by Silicon Valley Bank.

The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a crucial support for the entire market.

U.S. District Judge Lewis Kaplan expressed concern that SBF could find ways to evade the restrictions and covertly communicate with others electronically.

SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standards to applicants for ETPs.

The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market.

Circle’s reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank and Bank of New York Mellon.

Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent company DCG.

The plan intends to allow developers to recover tokens from certain Aave contracts and send them to owners who transferred them by mistake.

The bill, criticized by many conservatives, proposed amending the state’s Uniform Commercial Code to specifically exclude digital assets — with the possible exception of CBDCs.

The February United States jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins.

The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the United States.

The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries.

The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB).

Cointelegraph analyst and writer Marcel Pechman explains how price-to-earnings ratios relate to cryptocurrency markets.

From liquidity pools to liquid staking and “looping,” here are a few approaches you can take to ETH staking — categorized by the Chinese Zodiac.

BTC price targets extend to $18,000 with Bitcoin bulls increasingly failing to preserve $20,000 as support amid further SVB Financial fallout.

The Ethereum ecosystem is edging closer to its latest milestone as the Shanghai upgrade draws near.

“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million.

The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth.

The prospects of Elon Musk abandoning Dogecoin could negatively impact its price in both Bitcoin and USD terms.

Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year.

The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.

Meta is reportedly building a decentralized, text-based social network that supports ActivityPub — the decentralized social networking protocol powering Twitter-rival Mastodon.

Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services.

The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports.

The United States Department of Justice filed an appeal against the approval by a New York judge allowing a billion-dollar sale of assets from Voyager Digital to Binance.US.

Hedera said the March 9 smart contract exploit has not impacted the network or its consensus layer.

The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system.