State authorities seize management of Signature Bank, while federal regulators insure…
Federal authorities said in a joint statement that both Silicon Valley Bank and Signature depositors may anticipate receiving their total deposits.In a separate…
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USDC repegs gradually based on unconfirmed claims of SVB resolution
Next week, 50% of uninsured deposits will be returned, according to insiders.There may be rescue operations going less than 72 hours following the collapse of…
Hackers Attack Ethereum (ETH) Competitor, Normal Activity Suspended To Avoid Further Token…
Layer-1 blockchain technology Hedera (HBAR) was forced to suspend regular operations owing to an attack on its smart contract service code.The Ethereum (ETH)…
Robert Kiyosaki predicts the failure of a third U.S. bank, while Peter Schiff predicts a…
According to Kiyosaki, his estimate coincides with a 2008 prediction of the bankruptcy of Lehman Brothers. Notably, the collapse increased the financial crisis of…
Russian AML Regulator Claims 25,000 Crypto Users Are Being Monitored
The leading Russian anti-money laundering authority says it is "watching" more than 25,000 crypto users and has advanced capabilities to identify criminal activity.…
Swift Announces Excellent Findings from CBDC Pilot Test
Swift has announced favorable findings from a pilot test of transfers across several central bank digital currencies (CBDCs), stating that it sees "obvious promise…
USDC Stablecoin DePegs From $1 but Circle Declares Regular Activities
On Kraken, USDC/USDT fell as low as $0.94, its lowest since April 2021. When panic from the bankruptcy of Silicon Valley Bank spread, Circle Internet Financial's…
US Federal Reserve will establish a new crypto team Concerned with uncontrolled…
The vice chair for supervision at the Federal Reserve said that the central bank does not want to stifle innovation but rather to safeguard families and the…
The 2024 tax plan of President Biden would target crypto wash trading and capital gains
On Thursday, U.S. Vice President Joseph Biden revealed his official 2024 budget proposal, which targets crypto transactions.Among his other recommendations is…
CFTC Chair Declares Ethereum to Be a Commodity
Commodities and Futures Trade Commission chairman has spoken out against the SEC's gradual expansion of its authority into the digital asset market.Ethereum,…