Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Trading available on Coincheck (exchange) from March 16 〜
FNCT (Financie Token) main page: https://fnct.xyz
Financie, Inc. (Headquarters: Shibuya-ku, Tokyo, CEO: Hironao Kunimitsu, hereinafter referred to as “Financie”) an...
Cryptocoins News / The Cointelegraph - 2 years ago
Wyoming’s new law ensures that courts won’t overstep their authority in requiring individuals to disclose their private keys. Governor Mark Gordon of the United States...
Cryptocoins News / Blockchain - 2 years ago
Binance co-founder and CEO, Changpeng Zhao, announced on March 13 that the exchange will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto amid concerns surrounding stablecoins. This decision was made f...
Bitcoin News / Bitcoin.com - 2 years ago
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain...
More / Bitcoin Reddit - 2 years ago
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html Looks like they insure 9,960 Billion deposits and they hold 125 billion in the insurance fund. That's 1.26% ???? ???? submitted by /u/hyperin...
by COINS NEWS - 2 years ago
USDT has a market capitalisation of $74 billion, while Tether has only 29 employees on LinkedIn* This means that each employee manages $74 billion/29, which is roughly $2.6 billion each. I understand that the management of USDT doesn't require th...
Bitcoin News / Bitcoin.com - 2 years ago
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurren...
by COINS NEWS - 2 years ago
Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” and should be fired. Billionaire Bill Ackman has urged the United States government t...
Bitcoin News / Bitcoin.com - 2 years ago
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of d...
Cryptocoins News / Blockchain - 2 years ago
Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to futur...
Cryptocoins News / Blockchain - 2 years ago
Circle, the issuer of USD Coin (USDC), was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), leading to a sell-off that caused the stablecoin's value to drop below its $1 peg. Circle initiated a wire transfer...
Cryptocoins News / EthereumWorldNews - 2 years ago
Circle CEO Jeremy Allaire has stated that USDC will be supported through external capital if necessary.& The Circle executive revealed that the company had initiated a transaction to transfer $3.3 billion out of Silicon Valley Bank.& Allaire...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January. Top Stories This WeekSilicon Valley Bank shut...
Bitcoin News / Google News Bitcoin - 2 years ago
$22 Trillion in US Banking System Backed by Just $225 Billion at FDIC: Bitcoin Proponent Gabor Gurbacs& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 2 years ago
$43 Billion Nightmare: Sudden Circle Depeg ‘Panic’ Could Be About To Crash The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana& & Forbes
Bitcoin News / Bitcoinist - 2 years ago
Stablecoin issuer Circle disclosed late Friday that around $3.3 billion of its $40 billion USDC reserves remained at Silicon Valley Bank. This comes after the high-tech lender’s share price dropped precipitously in response to a run on deposits...