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Circle discloses $3.3B tied up at Silicon Valley Bank
11.03.23

Circle discloses $3.3B tied up at Silicon ...

Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
11.03.23

Filing shows BlockFi has uninsured $227M i...

BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Vall...
$920B is the number to watch now that crypto’s trillion dollar total market cap is gone
10.03.23

$920B is the number to watch now that cryp...

The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entir...
Sam Bankman-Fried’s bail conditions still too lenient, says judge
10.03.23

Sam Bankman-Fried’s bail conditions ...

U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate wit...
SEC disapproves VanEck spot BTC trust product, commissioners see double standard
10.03.23

SEC disapproves VanEck spot BTC trust prod...

SEC Commissioners Mark Uyeda and Hester Peirce have issued a joint statement highlighting discrepancies they see in the application of standar...
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
10.03.23

Crypto funding shifts from CeFi to DeFi af...

The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market.
Circle’s exposure to U.S. banks could top $9B
10.03.23

Circle’s exposure to U.S. banks coul...

Circle's reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank, and Bank of New York (BNY) Me...
Ethereum Shanghai upgrade could benefit liquid staking providers and cement ETH’s layer-1 dominance
10.03.23

Ethereum Shanghai upgrade could benefit li...

Ethereum’s Shanghai upgrade is set to unlock a trove of staked Ether and possibly benefit other staking protocols that offer lucrative yields.
Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
10.03.23

Crypto Biz: Silvergate shutting down, Alam...

Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and ...
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