Cryptocurrency

News announcement from the Fed comes only a few hours after Swiss-based bank Credit Suisse was bought out by UBS for $3.25 billion as part of an emergency plan led by Swiss authorities to preserve the country’s financial stability. According to…

News announced the reorganization of the National Superintendency of Crypto Assets in a decree issued on March 17.A new board will lead the restructuring, headed by Anabel Pereira Fernández, a lawyer who served as president of the Fondo de Garantía de…

News BTC) price surged on March 19 to surpass the $28,000 zone, marking a 16% boost in value in the past seven days, according to Cointelegraph’s MarketPro data. At the time of writing, the leading cryptocurrency was trading at $28,063, a 2.4%…

News claimed UBS had agreed to buy Credit Suisse for over $2 billion, citing a person familiar with the matter. However, a most recent statement from UBS has revealed that the total consideration for the deal is approximately 3 billion Swiss francs, or…

News The DefiLlama team is forking Defillama@Defillama is undergoing a hostile takeoverThere is an ongoing attempt to launch a token that does not represent us. We don't want to be associated with itUse https://t.co/G0h4uBo2mL and @llamadotfi instead!— 0xngmi (llamazip arc) (@0xngmi)…

Supernets have an advanced technical architecture powered by Polygon Edge, trustless operation via Merkle trees, Ethereum Virtual Machine (EVM) compatibility and custom token support. Supernet architecture is closely tied to that of Polygon Edge. The six modules in Polygon Edge’s architecture…

Price Analysis BTC) is on track to close the week with gains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a…

News learned from two sources. European regulators are concerned that the move might undermine investor confidence in Europe's financial sector.Another report from Bloomberg claims that the Swiss government is analyzing a full or partial nationalization of the bank, the only available…

Overview scams and fraud, limited earning potential, time-consuming activities, and potential legal or tax implications. It’s important to do your research and approach these methods with caution.FaucetsCrypto faucets are websites or applications that provide users with small sums of cryptocurrency in…

Market Update BTC) approached a key weekly close on March 19, with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must “step in” to protect $26,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

News Sam Bankman-Fried (SBF) got tied down with allegations of misappropriation of users’ funds, SBF was among the most influential crypto entrepreneurs. Before FTX collapsed, a leaked email exchange with a top regulator allegedly showed SBF’s intent to get the exchange…

News decentralized finance (DeFi) hack of 2023, the crypto community closely followed the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction of 100 Ether (ETH) was…

News 190 banks in the United States are at risk of a depositor-driven collapse. It was highlighted that the monetary policies penned down by central banks could hurt long-term assets such as government bonds and mortgages, creating losses for banks.The 2008…

News report citing unnamed sources, it was reported that payouts to SVB UK staff and senior executives were signed off “earlier this week” by HSBC UK Bank — the institution which acquired SVB UK for 1 British pound ($1.22) on March 13.It…

News report citing three people familiar with the situation, Switzerland is preparing to use “emergency measures” to accelerate the takeover by UBS of Credit Suisse, in an effort to finalize the acquisition before "markets open on Monday."It was noted that the…

News report, the MBCA – a coalition of mid-size U.S. banks – sent a letter to the U.S. Federal Deposit Insurance Corporation (FDIC), asserting that extending insurance on "all deposits" would “immediately halt the exodus” of deposits from smaller banks.The MBCA also…

News BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17. The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million that the United States…

Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expenses, according to a court filing on March 15. As per the…

For distributed systems to function, a task must be divided into smaller subtasks and spread over several nodes or computers in a network. These nodes or computers then communicate and cooperate to finish the task. The following four steps provide a…

News According to a report on March 18, Binance's response did not include the financial data requested. Bloomberg learned from an anonymous source that despite being omitted from the letter, the exchange sent the information to U.S. regulators. In the 14-page…

Overview Howey test, a transaction must contain an investment of funds in a group venture with the expectation that all gains will come from group efforts. A transaction is deemed a security if it satisfies these requirements, in which case it…

News Sam Bankman-Fried (SBF) in the ongoing FTX case will soon present a revised bail package to Judge Lewis Kaplan of the Southern District of New York. The move comes after Kaplan expressed displeasure about SBF’s use of encrypted-messaging apps and…

News drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart.On March 18, roughly 3,000 Ether…

Market Analysis BTC) has added $194 billion in 2023. Its 66% year-to-date (YTD) growth vastly outperforms top Wall Street bank stocks, particularly as fears of a global banking crisis are rising.BTC market cap daily performance chart. Source: TradingViewMoreover, Bitcoin has decoupled…

News ever-growing rate of crypto scams and hacks over the past few years, and several major crypto firms going bust in 2022, self-custody and maintaining sufficient wallet safety procedures have never been more critical. In a March 16 Reddit post on…

News analysis by economists showed that a large number of banks are at risk from uninsured deposit withdrawals. It read:“Even if only half of uninsured depositors decide to withdraw, almost 190 banks are at a potential risk of impairment to insured…

News Web3 wallet into its Edge web browser. In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed Edge user interface (UI) screenshots showing the early stages of the firm’s new…

News expected to welcome more investors and, thus, improve assets’ liquidity through tokenization. Institutional investors — those managing this capital across the world — are seeking “services that work well with what they’re already doing, that are easy to implement, flexible…

News told Fortune that the firm did not meet pre-conversion requirements. According to the spokesperson:“[The] pre-conversion requirements included policies, procedures, systems and other measures to ensure the safe and sound operation of the bank as well as meeting minimum capital and…

News said U.S. lawmakers would listen to testimony from federal financial regulators “in response to the failures of Silicon Valley Bank and Signature Bank” in a March 29 hearing. FDIC chair Martin Gruenberg and Fed Vice Chair for Supervision Michael Barr…

News submitted a presentation to the committee of unsecured creditors on its statement of financial affairs, which also detailed the scheduled assets and claims of the company. According to the filing, the West Realm Shires silo — which includes FTX US…