Markets
Circle reveals $3.3B tied up in Silicon Valley Bank
March 10, Blockchain Payment Technology Company and USDC, Issuer Circle confirmed that a wire transfer initiated on Thursday to remove the balance has yet to be processed,James DeanMeta's decentralized text-based app will be a fork of Instagram
Mark Zuckerberg-led social media giant Meta is developing a decentralized text app called Codenamed P92.Craig GreenEx-Jane Street,PIMCO Trader Raises $15M for ZK Proof-of-Solvency Protocol
A team of former Jane Street and PIMCO traders has raised $15 million to support centralized exchanges, stablecoin issuers and other asset managers in the cryptocurrency spaceJerry McNeillWeb3 Platform Partners with Self-Hosted Wallets to Expand Cryptocurrency Adoption in Africa
Cassava Network – an African Web3 platform focused on non-fungible tokens (NFTs), gaming and loyalty rewards – launched the third version of its platform,Sherry CantwellSWIFT enters next phase of CBDC testing after positive results
Banking messaging platform the Society for Worldwide Interbank Financial Telecommunication (SWIFT) revealed that the financial institution has achieved positive resultsJames DeanCryptoGPT' Twitter account sprung up as hashtag trended on Twitter
A Twitter hashtag related to the so-called artificial intelligence cryptographic token "CryptoGPT" has been trending on Twitter.Christopher SmithJimmy Fallon wants immunity from BAYC trademark case
Attorneys for Jimmy Fallon, star of NBC's long-running comedy and variety show "The Tonight Show," have filed a petition to "vacate" a subpoena calling him to testify in Yuga Labs Inc.Wayne IngramNFT over 2 BTC? Yuga Labs Ends 12% Off Auction
There's been a lot of excitement in the Bitcoin serial number space lately, seeing multiple collectibles auctioning off their NFTs for a lot of money.Martha GrizzardGBTC discount narrows by over 42% as Grayscale-SEC standoff draws closer
At the center of the Grayscale-SEC farce is Grayscale Bitcoin Trust (GBTC) the world’s largest Bitcoin fund which has been trading at a steep discount to its cryptoHallie GillPowell Suggests More Rate Hikes, Bitcoin Falls Below $22,000
The group's chairman, Jerome Powell, said the Fed indicated it was ready to raise interest rates further if circumstances warranted such drastic measures.Sherry CantwellSnoop Dogg is the co-founder of the Web3 powered live streaming platform
American rapper and actor Snoop Dogg has been revealed as one of the co-founders of Web3-powered live-streaming app “Shiller” adding yet another Web3 partnership for the famous hip-hop artist.Barry StidhamTether strikes WSJ over 'stale allegations' of falsified bank account documents
The Company Behind Stablecoin Tether. Rejected a Wall Street Journal report that it had ties to entities that falsified documents and used shell companies to maintain access to the banking system.Christopher SmithBabel Wants to Repay Creditors With Special 'Recovery Coin'
Babel Finance, one of many crypto lending firms affected by the 2022 bear market, is exploring new restructuring opportunities, including minting new tokens.Martha GrizzardBIS Completes Exploratory Project for Retail CBDC Payment System
The Bank for International Settlements (BIS) reports that it has completed a project with the central banks of Israel, Norway and Sweden exploring internationalHallie GillCrypto Investment Product Outflows Have Been 4th Straight Week, Investor Worries Remain
On March 6, European cryptocurrency investment company CoinShares released the "Digital Asset Fund Flow Report", which shows that investors continue to show negative sentiment towards encrypted investment productsJerry McNeillMT GOX Creditors to Receive $3 Billion in Bitcoin, But Will This Crash the Market?
Bitcoin has fallen 5% over the past week amid speculation that an impending payment to creditors of the now-defunct MT Gox exchange could have a negative impact on the cryptocurrency market.Barry StidhamTornado Cash Developer Says Crypto Mixer 'Sequel' Aims to Be Regulator-Friendly
A former Tornado Cash developer claims to be building a new crypto mixing service aimed at addressing the sanctioned crypto mixer’s “critical flaw”Craig GreenTerraform Labs co-founder Do Kwon under investigation by Singapore authorities
Local authorities in Singapore have announced that they have opened an investigation into Do Kwon's Terraform Labs. According to Bloomberg, the Singapore police sent an email on March 6Wayne IngramBybit suspends USD bank transfers, citing partner outage
Dubai-based cryptocurrency exchange Bybit has suspended U.S. dollar deposits via bank transfers in response to a "service interruption by its partners."Martha GrizzardBNB Chain Hackathon Winner Accuses Binance of Stealing AI-Driven NFT Idea
Cryptocurrency exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching BicassoWayne Ingram
