Cryptocurrency Analysis and News Portal
Decentralized exchange Uniswap is officially live on BNB Chain, the smart contract blockchain built by Binance.More than 55 million UniSwap (UNI) token holders voted in favor of a governance proposal by 0x Plasma Labs to deploy Uniswap v3 on BNB Chain in February, which passed successfully. The proposal was brought
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Coinbase also noted that users will be able to withdraw their existing BUSD assets whenever they choose. Cryptocurrency exchange Coinbase has officially suspended BUSD trading on its platform. The decision follows from the earlier announcement by company CEO Brian Armstrong that the company would delist BUSD. Recall that Coinbase claimed that BUSD
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Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy is the second-largest in history after Washington Mutual went under during the Global Financial Crisis (GFC) in 2008. Silvergate Capital, one of the
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USD Coin (USDC) issuer Circle plans to use "corporate resources" to cover the shortfall on its reserves following Silicon Valley Bank's shutdown, said the company in a statement on March 11. According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States,"
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Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded. Source
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The crypto market experiences a significant slump following the announcement of Silvergate Bank’s earnings report for the fourth quarter of 2022. Cryptocurrency investors were in for a rude awakening as the market experienced a steep decline in recent weeks. Investor and trader, The Elite Crypto, expressed in a tweet they believe
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Cointelegraph’s Crypto Trading Secrets podcast has published Episode 6, covering an array of content that should pique the interest of cryptocurrency traders. This episode’s guest is Brian Krogsgard, also known as Ledgerstatus on Twitter. Krogsgard is a trader and one of the co-founders of Flip.xyz, a nonfungible token (NFT) platform.
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Data from Paris-based crypto data provider Kaiko show bitcoin's 2% market depth for USDT pairs aggregated from 15 centralized exchanges has slipped to 6,800 BTC, the lowest since May 2022, surpassing the post-FTX low. That's significantly down from the October highs above 15,000 BTC. Ether's 2% market depth has more
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In a joint statement released by three United States federal agencies, the banking sector was advised against creating new risk management principles to counter liquidity risks resulting from crypto-asset market vulnerabilities.The Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller
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U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type, as permitted by law or regulation.” US Regulators Issue
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