Crypto donations still buoy humanitarian relief efforts in disaster and war zones.
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurrency firms, including Coinbase, Gemini, Paxos, and Circle. Silvergate Discontinues Crypto Payments Network Silvergate Bank announced Friday that its cryptocurrency payments network, the Silvergate Exchange Network (SEN), has been terminated. […]
HSBC, Nationwide Join Growing List of Banks Restricting Crypto in the UK
Hongkong and Shanghai Banking Corporation (HSBC) and National Building Society, on Thursday, became the latest financial institution in the UK to restrict crypto. Both banks officially barred all crypto purchases by customers using credit cards, with Nationwide cutting down debit card transaction limits involving crypto to 5000. The decision comes on the hill of recently […]
Ethereum [ETH] investors’ reaction to the recent price swings
Ethereum has fallen by over 5% in the past couple of days. Ethereum exchange supply has fallen to its lowest in almost five years. Ethereum [ETH] got off to a great start this year, working to regain the positions it had lost over the previous few months. Recent price movements, however, have stopped the increasing […]
Shiba Inu: Hundreds of projects to use Shibarium and build the next generation ecosystem – Can it drive SHIB to $0.001?
BONE, the governance token of the Shibaswap ecosystem is seeing massive demand from several projects. The uncertainty around the launch of Shibarium has, however, gotten some projects off the platform recently. As we know, Shiba Inu has been working on the much-awaited Layer-2 scalability platform Shibarium. Although scheduled last month in February 2023, the Shibarium […]
Bitcoin Week Ahead Ep24: Powell Testimony, Jobs Data, and a BTC Price Crash Below $20K
Bitcoin price weekly analysis official CoinChapter image NEW DELHI (CoinChapter.com) — The Bitcoin (BTC) price looks prepared to post its worst week since October 2022, followed by another seven days of market turmoil as investors await the US jobs report and the Federal Reserve Chairman Jerome Powell’s testimony to lawmakers. Bitcoin Price Action So Far The […]
Fears over Silvergate, $8B hole at FTX, senators seek Binance’s numbers: Hodler’s Digest, Feb. 26 – March 4
Delay in Silvergate’s financials sparks fears over bankruptcy, FTX reports $8.6B deficit and Binance’s balance sheet sought by U.S. senators.
What PancakeSwap [CAKE] transactions have to do with network performance
PancakeSwap announced its v3 will launch in April 2023 NFT space’s performance is not on par, but whale interest has increased in CAKE. PancakeSwap [CAKE] has been setting up its game in terms of network performance over the last few months. Dune’s data revealed that the total number of transactions on PancakeSwap has been on […]
Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why. Uniswap Labs Launches Limited Early-Release […]
Bitbns Liquidity Troubles After $7.5M Hack Deepens Crypto Crisis Led by Terra, FTX Fiasco
Bitbns Liquidity Troubles After $7.5M Hack Deepens Crypto Crisis Led by Terra, FTX Fiasco Read CoinChapter.com on Google News NEW DELHI (CoinChapter.com) — Indian crypto exchange Bitbns accepted that it suffered a hack in Feb 2022, compromising $7.5 million of users’ funds. Its CEO Gaurav Dahake took to Twitter to confirm the hack, claiming that […]