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. […]

Binance Reveals Date For Next LUNC Burn; Terra Classic Price Pump Ahead?

Binance, the largest cryptocurrency exchange in the world, recently finished its 7th batch of the LUNC burn by eliminating roughly 8.9 billion LUNC tokens from circulation. This event finally marked the formal reintroduction of Binance’s LUNC burn mechanism to the Terra Classic community. Binance’s Next LUNC Burn The amount of tokens that were incinerated was […]

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 […]

Bybit halts USD bank transfers citing partner outages

Dubai-based crypto exchange Bybit has suspended United States dollar (USD) deposits via bank transfers in response to “service outages from a partner”. Funds can be withdrawn through wire transfers until March 10.  In a blog post from March 4, the crypto firm said that “USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US […]

XRP Price Prediction: Crucial Levels To Watch For XRP Coin In Coming Week

XRP Price Prediction: Even though the XRP price has turned sideways due to the increasing bearishness in the crypto market, the buyers have managed to defend local support of $0.368 and prevented some excessive losses. On March 3rd, the coin price showed another failed attempt to breach the aforementioned support indicating the sellers continue to […]

This Week in Coins: First Fortnight of Straight Losses in 2023, Bitcoin and Ethereum Dip

It was the second consecutive week of straight losses for leading cryptocurrencies.  The start of the third month of the year comes off the back of the first two weeks of losses in 2023. Considering that the end of 2022 was a virtual freefall for the whole market, it’s too early to say whether crypto […]

Elon Musk Mocks Silicon Valley’s New Obsession

Published by The Street By Luc Olinga The billionaire quips on the new race for artificial intelligence (AI), which very quickly replaced the crypto craze. Two years ago, cryptomania was taking off. Investors threw themselves into cryptocurrencies without thinking. Crypto was the new shiny thing. It was the sector where you had to be. It […]

Coinbase Forges Ahead Despite Lackluster NFT Marketplace Rollout

When most people think of Coinbase, the decade-old publicly traded crypto company, product innovation may not be the first thing that comes to mind. At ETH Denver, however, Coinbase head of protocols Jesse Pollak says the company aims to change that. “If we look at the history of Coinbase and crypto over the last 10 […]

Gitcoin Co-Founder Kevin Owocki Unveils ReFi Incubator Supermodular

Kevin Owocki is something of a celebrity at ETHDenver, the Web3 hackathon and conference taking place this week in Colorado’s capital. Now the Gitcoin co-founder and erstwhile CEO is using the event to go public with his latest venture: Supermodular. Supermodular aims to be a venture studio for regenerative Web3 projects. Whereas millions of people […]

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]