Signature Bank closed by New York banking authorities
The Board of Governors at the United States Federal Reserve has taken immediate action to close down Signature Bank.The Federal...
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U.S. authorities preparing ‘material action’ to curb SVB contagion
United States authorities are working on "material action" over the weekend in an attempt to limit the ripple effect across...
South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives
While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled...
Over 100 VCs, investors voice solidarity with Silicon Valley Bank
As the 40-year-old banking institution, Silicon Valley Bank (SVB), winds down operation, numerous venture capitalists and investors joined hands and...
Silicon Valley Bank failure could trigger run on U.S. regional banks
Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank may affect regional banks...
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
USD Coin (USDC) issuer Circle plans to use "corporate resources" to cover the shortfall on its reserves following Silicon Valley...
USDC slowly repegs on unconfirmed reports of SVB resolution
According to a post on Mar. 11 by Bob Elliot, chief investment officer of Unlimited Funds, relief efforts may already...
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S. dollar due to a subsequent...
What is ethical hacking, and how does it work?
Ethical hacking, also known as “white hat” hacking, is the process of identifying and exploiting vulnerabilities in a computer system...
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable...
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a...
Circle’s exposure to US banks could top $9B
USD Coin (USDC) issuer Circle’s exposure to the United States banking system sits near $9 billion, according to its latest...
Silicon Valley Bank shut down by California regulator
Silicon Valley Bank, a major financial institution for venture-backed companies, was shut down by California’s financial watchdog on March 10...
DigiToads Is Pioneering The Next Generation Of P2E Games
DigiToads (TOADS) is a new cryptocurrency that has taken the world by storm as it seeks to become a game-changer...
17 biggest crypto heists of all time
The biggest crypto heists to date are MT Gox, Linode, BitFloor, Bitfinex, Bitgrail, Coincheck, KuCoin, PancakeBunny, Poly Network, Cream Finance,...
Genesis CEO Steps Down as Firm Cuts 20% of Staff
Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will also cut 20% of its...
‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners
Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer...
Women in Web3 advocate for increased diversity in the ecosystem
Although the Web3 ecosystem is rapidly evolving, the industry still faces many challenges, one of which is its lack of...
Opticash Plans To Solve The Scalability Issue Of Cryptocurrencies
As the adoption of cryptocurrencies continues to grow, so does the issue of scalability. Opticash is an all in one...
Jimmy Fallon wants exemption from BAYC trademark case
Lawyers for Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show, have filed a petition to...
AirBit Club execs face decades in prison after pleading guilty to $100M fraud
Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty...
Silvergate Capital Corporation will ‘voluntarily liquidate’ Silvergate Bank
The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has...
