Australian Banking Association’s cost of living inquiry reveals bank pressure
The trade association for the Australian banking industry — the Australian Banking Association (ABA) — launched a cost of living...
Business
FDIC sells Signature Bank deposits to Flagstar, crypto not included
Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a...
Fed, central banks enhance ‘swap lines’ to combat banking crisis
The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S....
UBS Group doubles offer and acquires Credit Suisse for $2B
UBS Group doubled its initial offer and agreed to buy its competitor Credit Suisse for nearly $2 billion on March...
DefiLlama forked as internal dispute unfolds
A dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by...
SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse
Before crypto exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down with allegations of misappropriation of users’ funds,...
Huobi Founder in Talks to Sell Majority Stake at $3B Valuation: Report
Key Takeaways Huobi founder Leon Li is reportedly in talks with several investors, including rival exchange FTX and TRON founder...
SVB collapses, USDC depegs, Bitcoin still up
Crypto investors should know by now that it doesn’t take much to topple a distressed multi-billion-dollar firm. On March 10,...
Coinbase is planning to set up crypto trading platform outside US: Report
Cryptocurrency exchange Coinbase is reportedly planning to set up a crypto trading platform outside the United States, where it is...
USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s
Recent turmoil in the traditional banking sector, culminating in USD Coin (USDC) losing its peg, could negatively affect stablecoin adoption...
Binance’s response to U.S. Senators lacks financial information: Report
Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in...
All You Need To Know About DigiToads
The meme coin industry has taken the cryptocurrency space by storm over the past few years, but these newly minted...
Sam Bankman-Fried to propose revised bail package ‘by next week’
The lawyer representing crypto entrepreneur Sam Bankman-Fried (SBF) in the ongoing FTX case will soon present a revised bail package...
More 186 US banks well-positioned for collapse, SVB analysis reveals
The perfect mix of losses, uninsured leverage and a greater loan portfolio, among other factors, resulted in the fall of...
Microsoft reportedly testing Edge browser web3 wallet integration
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser....
FTX debtors report $11.6B in claims, $4.8B in assets, with many crypto holdings ‘undetermined’
The debtors in FTX’s bankruptcy case have reported that the various company silos had more than $4 billion in scheduled...
Binance replaces BUSD in SAFU Fund with TUSD & USDT
Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with...
Deribit launches Bitcoin volatility futures
Crypto derivatives exchange Deribit will soon launch Bitcoin (BTC) volatility futures, giving investors a direct way to measure and trade...
Decentralize and the week’s Breaking News: SVB, USDC and BTC to $26K
Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast curated for you by the Cointelegraph...
Orca DEX to block US users from trading with its interface
The Solana-based decentralized exchange (DEX) Orca will block all United States users from trading using its web interface beginning March...
Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto
The collapse of Silicon Valley Bank (SVB) and Silvergate Capital, some of the most crypto-friendly banks in the industry, has...
Obortech Uses Blockchain & IoT to Build Supply Chain Ecosystem
The COVID-19 pandemic has disrupted the global supply chain industry, exposing its vulnerabilities and inefficiencies. As a result, the industry...
