The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay. Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s…
Kategorie: Crypto Flash News
Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout. The overnight collapse of two major traditional banks — Silicon Valley Bank (SVB) and Signature Bank — triggered…
Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI. Bitcoin (BTC) eyed key resistance near $25,000 on March 14 as markets awaited key economic data from…
Bitcoin market cap flips tech giant Meta, widens gap on Visa
BTC’s market cap has climbed to the 11th spot amongst top assets by market cap and now sits behind electric vehicle maker Tesla. Despite a turbulent week for crypto following the downfall of Silicon Valley Bank (SVB) and Signature Bank,…
Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan…
More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm
Dogecoin, Zcash and Litecoin have already patched the “critical” vulnerability, but hundreds of others may not have, risking billions’ worth of crypto. More than 280 blockchain networks are at risk of “zero-day” exploits that could put at least $25 billion…
Price analysis 3/13: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels. Three banks — Silvergate Bank, Silicon Valley Bank and Signature Bank — collapsed within a span of a few days, increasing…
CFTC adds execs from Circle, Ava Labs and Fireblocks to tech advisory group
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts and implications of technological innovation in financial services and markets.” The Commodity Futures Trading Commission (CFTC) has signaled receptiveness to the crypto and blockchain sector…
Binance to lose its British pound on- and off-ramp provider in 9 weeks
Binance has also had problems with its banking partner for United States dollar transfers over the last few months. Binance is scrambling to find a new service partner to process British pound transfers on its trading platform after its current…
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
Former CFTC Chair Christopher Giancarlo says that Anti-Money Laundering and Know Your Customer measures are both outdated and constitutionally questionable and that crypto technology could do better. The United States should lead the development of central bank digital currencies (CBDCs)…