Shiba Inu, one of the most popular meme coins, has been experiencing a rough time lately. Given that it is primarily driven by hype, the current market FUD created by massive sell-offs and regulatory uncertainties is not doing it a…
US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for […]
Top Stablecoins for Investors in 2023
Stablecoin Summary Stablecoins are important as a bridge between the traditional and crypto economy. For the crypto investor, they can offset the volatility of crypto, while providing higher interest rates than legacy banks. Look for stablecoins that are large (>$1B), reputable, and have been around for several years. Understand the risks with stablecoins, and never […]
Signature Bank Announces Availability of Materials for 2023 Annual Shareholders’ Meeting and Special Meeting of Holders of Series A Preferred Stock
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq:SBNY), a New York-based, full-service commercial bank, announced today the Bank’s proxy materials for its 2023 Annual Meeting of Shareholders are now available and also can be viewed via the Internet. The meeting will also constitute a special meeting of Signature Bank’s 5.000% Noncumulative Perpetual Series A Preferred Stock. The record […]
Canaan Q4 revenue drops 80% as demand for block reward miners dips
Canaan saw its total computing power sold dip 75% from Q4 2021, with revenue taking a similar dip, but its mining revenue shot up 360% from the previous year. […] Read More… The post Canaan Q4 revenue drops 80% as demand for block reward miners dips appeared first on CoinGeek.
The Cryptocurrency Betting Revolution on Wintop․io
Since December 2022, Wintop.io has been strongly growing into the crypto world. A new vision of the betting industry, combining crypto and the most exciting casino and sport games, is now available on https://www.wintop.io/ with a wide variety of bonuses and promotions, for all the types of players. It is an idea for a new […]
US DOJ Appeals Judge’s Approval of Voyager $1B Asset-Sale to Binance.US
The United States Department of Justice (DOJ) has filed an appeal to review a New York judge’s decision to approve the sale of bankrupt crypto lender Voyager’s assets to the American affiliate of crypto exchange Binance in a $1 billion deal. According to a court document, the appeal was filed Thursday evening at the United […]
Silicon Valley Bank Officially Fails as FDIC Takes Over
The embattled Silicon Valley Bank (SVB) has officially been closed down by the California Department of Financial Protection and Innovation, making for the second-largest bank failure in U.S. history. The Federal Deposit Insurance Corporation (FDIC) has been appointed as its receiver and will ensure all insured depositors gain full access to their funds by Monday, […]
Why Use Cryptocurrency? The Advantages & Disadvantages
Did you know that as of 2023, there are 420 million cryptocurrency users globally? There are, of course, some limitations to cryptocurrency, which we will also go over. Keep reading to find out more about the advantages and disadvantages of cryptocurrency. Essential Guide It offers both a unique currency system and the promise of a […]
Uniswap [UNI] surpasses SUSHI and CRV on this front
Uniswap had the highest network penetration among major DEXes on Ethereum. UNI was the most widely held token by top Ethereum whales, at the time of writing. Uniswap [UNI], the largest decentralized exchange (DEX) by trading volume, made promising gains since the start of 2023. In fact, the native token recorded a growth of 44% […]