March 14, 2023

Meta pulling the plug on NFTs across Instagram and Facebook

The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.   Big […]
March 14, 2023

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia.   It […]
March 13, 2023

US Treasury Secretary Yellen working on SVB collapse, not a bailout: Report

Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout. […]
March 13, 2023

Ripple CEO assures ‘strong financial position’ despite SVB collapse

In a short tweet thread with no specifics, Garlinghouse said the SVB situation would not disrupt daily operations.   Ripple CEO Brad Garlinghouse took to Twitter […]
March 13, 2023
BTC-price-march-2023-img Last Week in Crypto 6th March – 12th March

BTC Quickly Recovers After SVB and Silvergate Panic Following the crisis at the Silicon Valley Bank (a crisis that eerily coincided with Silvergate’s own), increased uncertainty […]
March 13, 2023

Breaking: Signature Bank closed by New York regulators, citing ‘systemic risk’

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. […]
March 9, 2023

Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately […]
March 9, 2023

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether […]
March 9, 2023

Marathon Digital terminates credit facilities with Silvergate Bank

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.   Bitcoin mining company Marathon […]
March 8, 2023

Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.   Regulators are reportedly holding […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up