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CRYPTO BANK FAILURE
What is actually happening to Bitcoin (BTC) right now? Why the $2 trillion crypto market crash is sending Bitcoin, Ethereum, Solana, and XRP into freefallBitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto market ha...
Bitcoin hovers near $75,400 as recovery momentum weakens below key resistanceBitcoin is trading near $75,400, showing weakened recovery momentum below a crucial resistance level. Ethereum and major altcoins also expe...
Explained: What is US Senate’s CLARITY Act and why does it matter for crypto investors?The Republican-led Senate Banking Committee has advanced the long-awaited CLARITY Act, a landmark crypto regulation bill aimed at defining ...
What’s behind the bitcoin ATM crackdown? Rising crypto ATM fraud and growing risks are forcing strict 60-day shutdown orders across the U.S.What’s behind the bitcoin ATM crackdown? Rising bitcoin ATM and crypto ATM fraud risks are driving strict 60-day shutdown orders across the...
Creating framework for unbacked Crypto assets' regulation a priority: RBIThe Reserve Bank of India (RBI) has expressed its commitment to creating a global regulatory framework for crypto assets, stablecoins, and ...
Crypto-linked bank failures fuel regulation debateGlobal finance was rocked by the collapse of Silicon Valley Bank last week, and the digital currency sector was hit hard by the demise of U...
Coinbase opens local bank transfers for Singapore users at no costPreviously, users could only purchase crypto via a Visa or Mastercard debit or credit card, or transfer crypto in and out of their Coinbase...
Crypto group DCG looking for new partners following SVB collapseCrypto conglomerate Digital Currency Group (DCG) is looking to find new banking partners for portfolio companies following the collapse of ...
Bitcoin, USDC stablecoin rally after US intervenes on SVBU.S. officials said depositors of New York's Signature Bank, which was closed on Sunday by the New York state financial regulator, would al...
Major cryptocurrencies stabilise after US intervenes on SVBUS authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of SVB threatened to tr...
Bitcoin, USDC stablecoin rally after US intervenes on SVBThe U.S. Treasury and Federal Reserve announced a range of measures to stabilise the banking system and said depositors at SVB would have a...
Crypto shaken as SVB exposure depegs $37 billion stablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...
Silicon Valley Bank collapse sets off blame game in tech industryCentralised banking was to blame, crypto advocates said. Their vision of an alternate financial system, unmoored from big banks and other g...
3 Lessons from Silicon Valley Bank's failureWhat brought Silicon Valley Bank down wasn't lending to risky startups, or gambling on sketchy crypto coins, or some other ill-considered t...
Crypto shaken as SVB exposure Depegs $37 billion StablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...
Crypto firm Circle reveals $3.3 billion exposure to Silicon Valley BankThe stablecoin company's announcement comes after startup-focused SVB collapsed on Friday in the largest bank failure since the 2008 financ...
Crypto firm Circle reveals $3.3 bln exposure to Silicon Valley BankTraders have been on guard this week for signs of contagion in the financial sector and beyond from troubles for SVB and crypto-focused Sil...
Bitcoin steadies near lows hit after fall of SilvergateSilvergate Capital Corp said on Wednesday it planned to close and voluntarily liquidate, after warning last week that it was evaluating its...
Crypto broker Genesis owes Gemini's customers $900 million: reportCrypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month's failure of Sam Bankman-Fried's FTX cryp...
ED freezes Rs 370 cr in bank accounts of crypto exchangeThis is the second instance this month when the central agency has frozen the bank accounts of a crypto exchange. In a press release last w...