The United States-based crypto advocacy group Blockchain Association called on financial regulators to provide information related to the potential “de-banking of crypto firms” in the wake of the failures of banks including Signature, Silicon Valley Bank, and Silvergate. In...
Blockchain technology is rapidly transforming the finance industry by enabling decentralized, transparent, and secure transactions. The technology, which was originally developed for the cryptocurrency market, has evolved into a game changer in a variety of financial services, ranging from...
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting...
James Lavish, managing partner at Bitcoin Opportunity Fund, said that bitcoin’s pullback late Tuesday indicated that the cryptocurrency “got ahead of itself with short covering after pushing through key $25,000 resistance for traders.” In an email to CoinDesk, he...
The US Justice Department is investigating the collapsed algorithmic stablecoin TerraUSD, thus raising the possibility of criminal charges against Terraform Labs and its CEO, Do Kwon, who were already indicted for civil fraud in the country. As the Wall...
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly 10% higher. Ethereum...
Binance tapped into its Industry Recovery Initiative funds to cover the move. Source link
Hot on the heels of several United States bank collapses, the Federal Reserve Board has announced $25 billion worth of funding aimed at backstopping banks and other depository firms. The funds would ensure that eligible banks would have enough...
Cryptocurrencies have transformed the financial world by enabling decentralized and secure transactions. However, as the popularity of cryptocurrencies grows, so does the demand for cryptocurrency insurance. In this article, we will look at the benefits and drawbacks of insuring...
Solana rebounded from a two-month low to start the weekend, as bulls reentered the market to buy the recent dip. Overall, the global crypto market cap is currently trading 1.8% higher, following a nearly 10% drop on Friday. Polygon...