The post Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital appeared on BitcoinEthereumNews.com. Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement,…
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
The post Crypto Firms Report Funds Tied Up with Shuttered Signature Bank appeared on BitcoinEthereumNews.com. On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly become a systemic risk to the…
Conflux (CFX) Price Retreats to, But it is Still Up 93% This Week. TMS Network (TMSN) is still on the rise after making over 2 million
The post Conflux (CFX) Price Retreats to, But it is Still Up 93% This Week. TMS Network (TMSN) is still on the rise after making over 2 million appeared on BitcoinEthereumNews.com. The world of cryptocurrency continues to be a hotbed of activity. Recently, Conflux (CFX)’s price retreated to $0.287 while still up 93% this week, […]
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposure to Silicon Valley Bank, Bloomberg reported. According to the report, BlockFi had $227 million invested in a money market mutual fund that Silicon Valley […]
Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales
The post Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales appeared on BitcoinEthereumNews.com. Nissan has become the latest car manufacturer to increase its Web3 efforts by filing four new Web3-related trademarks in the United States. The trademarks, filed with the United States Patent…
Trouble Grows For Silicon Valley Bank As Shareholders File Lawsuit
The post Trouble Grows For Silicon Valley Bank As Shareholders File Lawsuit appeared on BitcoinEthereumNews.com. In the midst of the ongoing crisis, recent reports suggest that a number of shareholders have initiated legal action against the Silicon Valley Bank, its parent corporation and several of…
Breaking: Trouble Grows For Silicon Valley Bank As Shareholders File Lawsuit For Fraud
In the midst of the ongoing crisis, recent reports suggest that a number of shareholders have initiated legal action against the Silicon Valley Bank, its parent corporation and several of the bank’s management. The proposed class action lawsuit was filed in federal court in San Jose, California against SVB, CEO Greg Becker, and CFO Daniel […]
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
The post Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse appeared on BitcoinEthereumNews.com. Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of USDC minted between Friday, March 10…
What is Avorak AI (AVRK)?
The post What is Avorak AI (AVRK)? appeared on BitcoinEthereumNews.com. SPONSORED POST* Meme coins have been quite popular in the world of cryptocurrency owing to their cute and humorous nature. However, the rise of AI crypto, like Avorak AI, …
Ohio Could Vote To Protect Abortion Rights As Latest Ballot Measure Moves Forward
The post Ohio Could Vote To Protect Abortion Rights As Latest Ballot Measure Moves Forward appeared on BitcoinEthereumNews.com. Topline Ohio could become the next state to ask voters to enshrine abortion rights in the state constitution as a state board voted Monday to let a proposed ballot measure…