USDC Issuer Circle Says It’s Prepared to Cover $3.3B Deficit held in Silicon Valley Bank
Circle, the issuer of USDC stablecoin, has claimed it will cover the shortfall resulting from the $3.3 billion in funds stuck in Silicon Valley Bank...
GQ Magazine NFT Launch Flops, Floor Price is Declining Fast
Yesterday, GQ became the latest magazine to push into Web3 space, launching an Ethereum NFT collection dubbed GQ3, which promises holders several benefits. But the...
Six Executives of AirBit Plead Guilty to $100M Ponzi Scheme
On Thursday, six executives of AirBit, a Ponzi scheme that left investors counting losses of over $100 million, pleaded guilty to wire fraud and money...
NFT Marketplace Tensor Announces Massive Airdrop for Traders
Solana NFT marketplace Tensor is grabbing the attention of many traders after it decided to adopt Blur's approach of rewarding loyal users of its platform....
Ukrainian Central Bank Suspends Bank Card Transactions, Binance and Kuna Confirm
Ukrainian Central Bank has suspended crypto transactions via bank cards in an attempt to prevent hryvnia, the national currency, from being used on exchanges. Following...
BTC Adoption to Grow over 50% by 2025, Report Claims
A survey conducted by US Faster Payment Council and Ripple suggests that Bitcoin (BTC) adoption among merchants is likely to grow by 50% three years...
Silvergate Suspends Crypto Payments After Posting $1B Loss
On Saturday, Silvergate announced that it had halted its Silvergate Exchange Network (SEN) after the crypto-friendly bank raised concerns over its viability. Launched in 2017,...
UK Crypto Crackdown – Which British Bank Allows You to Purchase Crypto?
Banks operating in the United Kingdom are getting tougher on clients using crypto. In the last few days, HSBC and Nationwide, two of the largest...
BTC and ETH Plunge as Investors Weigh Concerns Around Silvergate
Bitcoin has dropped by 4.6% in the past day to hit a two-week low of $22,251 on Friday morning before rising to $22,422 as of...
Binance CEO Responds to Forbes, Claims the News Outlet is Spreading FUD
Binance CEO Changpeng Zhao took to Twitter to address a recent article published by Forbes. In his tweets, he mentioned that Forbes is trying to...