Assurant Financial News
21.03 / 16:39
Blockchain
UPS
Ethereum
Provident
Target
Platform
Assurant
SpankPay closes operations as service provider Wyre shuts account
SpankPay, an Ethereum [ETH]-based adult entertainment platform, is closing its crypto payment processor SpankPay after it lost its payment service provider Wyre last month and failed to find another.
18.03 / 22:09
BTC
Assurant
Bitcoin
Bitcoin makes a new high of $27K- Are shorting opportunities limited
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
17.03 / 20:17
UPS
JPMorgan
Platform
coinbase
Assurant
Bitcoin
Coinbase reportedly plans on opening new crypto trading platform overseas
Coinbase – the leading American-based crypto exchange – is reportedly planning on setting up a new Bitcoin (BTC) and crypto trading firm overseas. According to a report by Bloomberg, the exchange is moving in this direction in order to attract global clients. Notably, the exchange is planning on opening a new platform despite already having a presence in multiple countries including the UK, India, Singapore, UAE, and others.
16.03 / 06:45
Blockchain
UPS
Provident
Action
Assurant
Why Cardano may get a quick fix to its month-long social neglect
Cardano [ADA] , the decentralized Proof-of-Stake (PoS) blockchain, has put up with consistent neglect by folks in the crypto-channel. The lack of attention given to the network might be surprising though, especially as the ecosystem reacted positively to recent crises in the industry.
15.03 / 14:51
BTC
CEO
Platform
CryptoQuant
Assurant
Bitcoin
Bitcoin [BTC] breaks $26k, CPI drops – is the euphoria back
Bitcoin [BTC] continued its unprecedented bullish run and climbed above $26,000 as the United States Bureau of Labor Statistics released its February Consumer Price Index (CPI) data. According to the country’s fact-finding agency, the CPI dropped to 6% on a Year-on-Year (YoY) basis.
13.03 / 19:47
Ethereum
Provident
Binance
Assurant
22% in 24 hours – What FIL’s gains tell us about the excitement around FVM mainnet
Filecoin [FIL], at the time of writing, was one of the crypto-market’s top performers after it jumped by 22% in a 24-hour period. That wasn’t all either, however, as its trading volume also surged by nearly 83%. The latter development implied that there has been significant demand for the coin of late.
13.03 / 14:59
Provident
Twitter
Assurant
USDC and BUSD breathe a sigh of relief, thanks to Biden administration
Over the last few days, the collapse of Signature and the Silicon Valley Bank has impacted the financial and crypto markets quite significantly.
13.03 / 14:39
Blockchain
Provident
Digital
coinbase
Assurant
Immunic
SVB
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle is a Boston-based fintech company that provides payments and investment services using blockchain technology. USDC is a stablecoin issued by Circle and Coinbase, pegged to the value of the US dollar at a 1:1 ratio. It is one of the fastest-growing stablecoins, with a market capitalization of over $10 billion as of March 2022.
13.03 / 14:37
13.03 / 01:39
Twitter
Digital
Ripple
CEO
CoinMarketCap
Assurant
SVB
NOT
Ripple discloses exposure to SVB; not caused business operations disruption
While the future of Silicon Valley Bank (SVB) is still being decided, another crypto player has declared exposure to the failed bank. And, this time around the firm in the headlines is Ripple – a popular blockchain-based digital payment network. In a Twitter thread, CEO Brad Garlinghouse stated that the company had exposure to SBV.
13.03 / 01:37
12.03 / 00:41
Action
Assurant
Pool
BNI
SVB
Circle will cover funds shortfall caused by Silicon Valley Bank collapse
Circle – the company issuing leading stablecoin, USDC – has issued another statement on the state of its cash reserves stuck with Silicon Valley Bank (SVB). The USDC issuer stated that there was a possibility of the firm not gaining back 100% of the funds. Moreover, it could take time for the company to get them back. And, this is because the “FDIC issues IOUs (ie.e., receivership certificates) and advanced dividends to deposit holders.”
11.03 / 14:21
UPS
Binance
CEO
coinbase
Assurant
Remark
controversy
Silvergate Bank Voluntary Liquidation Sparks Controversy in Crypto Industry
The voluntary liquidation of Silvergate Bank, a crypto-friendly bank, has caused a stir in the crypto industry, with many sharing their thoughts about the bank’s troubles and the broader impact of its collapse on crypto. Some United States lawmakers have taken the opportunity to criticize the crypto industry, labeling it as a “risky, volatile sector” that “spreads risk across the financial system.” Senator Elizabeth Warren called for regulators to “step up against crypto risk,” while Senator Sherrod Brown expressed concern that banks that get involved with crypto are putting the financial system at risk.
10.03 / 19:45
Provident
Digital
Platform
Assurant
Strategy
Mobile
Interface
User experience
FixedFloat Unveils Revamped Website With Enhanced User Experience
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
09.03 / 22:15
Provident
Binance
Digital
Platform
Assurant
Kraken
PCAOB warns investors of PoR report’s reliability in latest advisory
The Public Company Accounting Oversight Board’s (PCAOB) Office of the Investor Advocate recently issued an advisory for investors regarding the proof of reserve (PoR) reports by service providers, including audit firms registered with the PCAOB, to crypto entities such as exchanges and stablecoin issuers.
09.03 / 02:33
UPS
SEC
coinbase
Assurant
Gemini
Exodus
Crypto-focused Silvergate Bank to shut down operations
The cryptocurrency market sees another player close business. Silvergate Bank, the troubled crypto-focused bank, has decided to cease operations and liquidate its assets. In an announcement made today, Silvergate Captial Corporation – the parent company of the bank – stated that the decision was influenced by “recent industry and regulatory developments.” The press release said,
07.03 / 16:00
UPS
Ethereum
Provident
Digital
Aware
Assurant
Bitcoin
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit has predicted that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on the current growth rate and infrastructure of Ethereum's NFT market. This is due to the emergence of a native on-chain ecosystem for NFTs on Bitcoin, which was not possible before the launch of the Ordinals protocol in late January.
07.03 / 16:00
Binance
Digital
CEO
Assurant
Bybit suspends USD bank transfers amid service outages
Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to «service outages from a partner.» According to a blog post from March 4, USD deposits via wire transfer are no longer available, but users can still make USD deposits through the Advcash Wallet or with a credit card. Withdrawals through the Advcash Wallet are scheduled to be available soon, according to the exchange.
02.03 / 17:53
Provident
Twitter
SEC
Platform
Action
coinbase
Assurant
Coinbase cuts ties with Silvergate as bank delays annual report filing
Coinbase, a leading U.S.-based crypto exchange, announced it would drop its alliance with Silvergate, a crypto-focused bank. This makes matters worse for the bank, which saw its value plunge in after-hours trading yesterday. The bank announced that it would be delaying its annual report filing in its SEC report yesterday. In a Twitter thread, Coinbase said,
24.02 / 03:59
22.02 / 00:13
Blockchain
Ethereum
Binance
Assurant
Bitcoin
Cosmos [ATOM]: Institutional investment drowns as traders eye longs, more inside
Cosmos [ATOM] , whose objectives centered around an interconnected economy of blockchains, were part of the assets that experienced massive institutional outflows over the previous week.
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