Ethereum In Bleak Situation? Sharks & Whales Continue 4-Month Long Selloff
On-chain data shows the Ethereum sharks and whales have continued to sell for four months now, a sign that the asset may
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Justin Sun Buys CRV to Ease Curve Finance’s Looming Bad Debt Situation
“Our joint efforts will introduce an @stusdt pool on Curve, amplifying user benefits. Together, we aim to empower the community and forge decentralized finance,” Sun added. stUSDT is described as the “first real-world asset protocol on the Tron Network.” Source
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Swiss National Bank Extends $54 Billion Lifeline to Credit Suisse amid Crisis-Like Situation
The Credit Suisse stock jumped by over 40% in Thursday’s opening trade as the %54 billion credit line extended by the Swiss National Bank comes as a major relief. The global financial and banking system seems to be under major stress with veteran bank Credit Suisse facing a crisis-like condition.
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White House ‘aware of the situation’ at Silvergate, says spokeswoman
The Biden Administration is “aware of the situation” at Silvergate and will continue to monitor reports on the troubled bank as it unfolds, according to a White House spokesperson.Speaking at a press briefing on March 6, Press Secretary Karine Jean-Pierre said the White House has noted that Silvergate marked another
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Crypto-Friendly Silvergate Bank’s Situation Being ‘Monitored’ by White House, Spokesperson Says
During her White House press briefing Monday, Jean-Pierre said she couldn't speak to Silvergate specifically, but noted that a number of crypto companies have "experience[d] significant issues" in recent weeks and pointed to statements from federal bank regulators warning of the risk cryptocurrencies could pose to banks and other financial
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Republicans Lean into Situation between Elon Musk and Apple Over Twitter
The governor noted that Elon Musk is opening Twitter up for free speech, and Apple wants to take that away from him.New Twitter owner Elon Musk has been attacking iPhone maker Apple (NASDAQ: AAPL) over various issues, including a recent threat from the technology company to remove the bluebird app
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Situation at Crypto Trading Firm Genesis Doesn’t Directly Affect GBTC: Bernstein
The market is concerned that Grayscale could be “considered for strategic options in case of catastrophe,” the note said. But DCG, even in the most adverse scenario, would prefer to hold onto Grayscale over Genesis, it said. Greyscale is DCG’s “flagship business and its cash cow,” generating around $300 million
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First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
Bitcoin just had its worst week since the aftermath of the Terra blockchain's collapse. PLUS: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech motes may prove crucial. Original Source
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Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’ – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is
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UNI tokens delegation was a ‘misunderstood situation,’ according to Binance’s CZ
The millions of UNI (UNI) tokens delegated by Binance were a "misunderstood situation," said Binance CEO Changpeng “CZ” Zhao in a Twitter post, in response to questions about 13.2 million UNI tokens delegated on Oct. 18 that made Binance the second-largest entity by voting power in the Uniswap DAO.According to
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