Blockchain Financial News

14.03 / 06:55

business Blockchain Binance wallet banking partnership Debit Cards Binance to lose its GBP on-and-off ramp provider in 9 weeks

Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.

14.03 / 03:53

business Blockchain Stablecoin SEC Fraud FBI FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May.

14.03 / 02:35

business Blockchain Technology us government Banks banking Digital Asset Marathon Marathon Digital: Deposits held at Signature Bank are secure and available

Crypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature Bank are secure and available for use as of Mar. 13.

14.03 / 02:09

Blockchain SEC Telegram Mobile Southern WSJ Luna Department US Justice Department is reportedly investigating TerraUSD (UST) collapse

The United States Justice Department is reportedly investigating the collapse of the once-leading algo-stablecoin – TerraUSD (UST). According to a report by Wall Street Journal, the Federal Bureau of Investigation (FBI) and the Southern District of New York (SDNY) have started to probe UST’s collapse.

13.03 / 23:51

business Blockchain Investments surges Bitcoin surges past $24,000 on CME launch of BTC event contracts

On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a "lower-cost way for investors to trade their views on the up or down price moves of bitcoin." Tim McCourt, global head of equity and FX products at CME Group, commented:

13.03 / 22:43

business Blockchain Investments Banks banking FinTech Bankruptcy BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report

According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposure to Silicon Valley Bank, Bloomberg reported.

13.03 / 22:39

Blockchain Ethereum week Will Polkadot [DOT] maintain its price surge this week? Data suggests…

Polkadot Insider recently revealed a major bullish signal for DOT as it was found that the coin was only behind Ethereum [ETH] on the list of blockchains in terms of Altrank.

13.03 / 21:35

Blockchain UPS Ethereum ETH Exodus Withdrawals Updates Ethereum: Shanghai withdrawals and recent updates for ETH holders

Within a few weeks, the $28 billion worth of staked ether (ETH) will start to become available thanks to Ethereum’s Shanghai upgrade.

13.03 / 21:05

Blockchain Adoption NFT Web3 Charity Decentralization Collectibles HerVoice digital collectibles launch this Women’s History Month to elevate women around the world

Across the globe, women creators and founders in Web3 are building communities and innovating to help other women create wealth and have ownership and integrity over their work. At the same time, humanitarian efforts within the crypto space are evolving and gaining traction thanks to decentralized finance. Through the rise of nonfungible tokens (NFTs), generating funds for public good has become easier.

13.03 / 21:05

business Blockchain Technology Stablecoin Binance coinbase Binance USD Coinbase disables trading for BUSD

US-based cryptocurrency exchange Coinbase announced the suspension of trading for the Binance USD (BUSD) stablecoin on March 13 via Twitter.

13.03 / 21:01

Blockchain COST Citi Provident Platform Parke This New Crypto Platform Is Changing the Game for the Electric Vehicle Industry – Less than 48 Hours Left Before Stage 6

C+Charge believes electric transportation is the most environmentally friendly option. As a result, it aims to provide a better electric vehicle (EV) charging experience in order to promote and facilitate the transition to sustainable electric mobility.

13.03 / 20:57

business Blockchain Stablecoin Fiat Money Bitcoin Gemini says no funds at Signature Bank backing GUSD

Crypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by any deposits at the failed bank, according to a March 13 official tweet from the company.

13.03 / 20:45

Blockchain Binance Digital CEO Paxful SVB Bitcoin week Cryptocurrencies To Watch: Week of March 13

The cryptocurrency market has had a tumultuous few days; Bitcoin and other digital assets took a tumble before recovering late in the week to recoup some of their losses.

13.03 / 18:05

business Blockchain OKX Okcoin suspends USD deposits in wake of Signature Bank closure

According to a March 13 tweet by Okcoin CEO Hong Fang, the U.S. affiliate of cryptocurrency exchange OKX had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Fong stated that Okcoin’s U.S. dollar wire and ACH deposits have been “immediately paused” due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars.

13.03 / 17:53

Blockchain Ethereum ETH Ethereum, Solana are pulling in more users than other blockchains: Exec

Chris Burniske, a partner at venture capital firm Placeholder, recently appeared on a Real Vision podcast with Raoul Paul. The podcast revolved around valuation techniques of cryptocurrencies, Ethereum and Solana in particular.

13.03 / 17:49

business Blockchain Usd Coin Redemptions 314M USDC sent to null address as redemptions begin: Report

According to Web 3.0 analytics platform Watchers (0xscope), a total of 314.167 million USD Coin (USDC) has been sent by its issuer, Circle, to the Ethereum null address with header 0x00 on Mar. 13. The null address is typically used to remove tokens from circulation via one-way transactions.

13.03 / 17:49

Blockchain Technology Art Adoption NFT Tokens Artists 11 classic memes that have been sold as NFTs

Nonfungible token (NFT) memes have brought mainstream attention to the world of NFTs and digital art, helping to expand the market and increase its legitimacy. The high prices paid for some NFT memes have demonstrated the value of online culture and the emotional connection that people can have to internet memes. NFT memes have also created a new way for creators and artists to monetize their work, potentially leading to new opportunities and revenue streams in the digital economy.

13.03 / 17:41

Blockchain Ethereum Provident Twitter Digital CEO Platform network Katana Inu & Boba Network Collab to Improve Blockchain Gaming Experience

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

13.03 / 16:27

Blockchain UPS Tether Platform Gap Assessing the state of TRON [TRX] amidst ongoing Stablecoin turmoil

The current stablecoin turmoil has spread far and wide and no crypto project has managed to stay aloof from its impact. Tron [TRX], the layer-1 blockchain, saw its USD Coin [USDC] supply drop from $1.03 billion at the start of March to just over $530 million as of 12 March, almost getting halved.

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 / 14:39

Blockchain Ethereum Target Pool Enterprise Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens

Hedera Hashgraph is a distributed ledger technology that offers faster transaction times and lower fees than traditional blockchains. Its mainnet supports smart contracts and decentralized applications, and it has gained popularity among enterprise clients due to its scalability and security features.

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