The post BlockFi Bankruptcy Attorney Describes Digital Assets Lender as Safe amid Silicon Valley Bank Crisis appeared on BitcoinEthereumNews.com. Christine Okike said BlockFi remains safe and looked to access significant cash held with Silicon Valley Bank yesterday. Despite the Silicon Bank exposure, a BlockFi bankruptcy lawyer maintains that the…
Silicon Valley Bank Contagion: Crypto Companies Affected Include BlockFi, Circle, Avalanche, Ripple
The post Silicon Valley Bank Contagion: Crypto Companies Affected Include BlockFi, Circle, Avalanche, Ripple appeared on BitcoinEthereumNews.com. As the fallout from the stunning collapse of Silicon Valley Bank (SVB) plays out, numerous crypto companies have signaled their exposure to the bank, which long maintained a reputation as…
Coinbase files brief in SEC Wahi case, says it doesn’t sell securities, but would like to
The post Coinbase files brief in SEC Wahi case, says it doesn’t sell securities, but would like to appeared on BitcoinEthereumNews.com. Cryptocurrency exchange Coinbase filed an amicus brief in support of a motion to dismiss the case brought by the United States Securities and Exchange Commission (SEC) against former Coinbase product…
Former FTX exec Brett Harrison thinks banks will compete for crypto business
The post Former FTX exec Brett Harrison thinks banks will compete for crypto business appeared on BitcoinEthereumNews.com. New banks will compete for business from crypto companies following the demise of Silvergate and Signature bank, former FTX.US president Brett Harrison said. “Previously those banks couldn’t really compete…
Prominent NFT App Migrates To Hedera From Ethereum; Is HBAR Price Set To Rally?
HBAR Crypto News: In recent times, the Hedera (HBAR) network, which runs on its proprietary hashgraph technology, has been making bigger headways into the NFT space. As the market grows competitive with the advent of Blur and other NFT marketplaces, Hedera finds itself a prominent music NFT project, Mynt, migrating from Ethereum to its network. […]
KAVA rallies hard as it becomes a top gainer on Cosmos
The post KAVA rallies hard as it becomes a top gainer on Cosmos appeared on BitcoinEthereumNews.com. The recent market upswing has resulted in significant price rises for the KAVA token, utilized for governance purposes on the Kava network. As of the time of writing, the price of KAVA…
Curve Finance, Uniswap Trade Volumes Soared Amid USDC Depeg
The post Curve Finance, Uniswap Trade Volumes Soared Amid USDC Depeg appeared on BitcoinEthereumNews.com. Several DeFi players have posted some serious figures amid the market’s latest chaos. The trading volume on the decentralized stablecoin exchange Curve Finance hit $6.03 billion on March 11 due…
Depegging of USDC and DAI Saves Borrowers $100 Million
The post Depegging of USDC and DAI Saves Borrowers $100 Million appeared on BitcoinEthereumNews.com. Over the weekend, the depegging of two major stablecoins, USD Coin (USDC) and Dai (DAI), from the US dollar prompted a frenzy of loan repayments on decentralized lending protocols Aave…
NFT Collection Social BEES University Price, Stats, and Review
The post NFT Collection Social BEES University Price, Stats, and Review appeared on BitcoinEthereumNews.com. What is an Social BEES University? Social BEES University are a non-fungible tokens collection built on the Ethereum network launched in 31 December, 2021. 12,608 items of the Social BEES…
Crypto Futures Trading Volume Hit $140B In 24H; Binance Leads BTC & ETH
The post Crypto Futures Trading Volume Hit $140B In 24H; Binance Leads BTC & ETH appeared on BitcoinEthereumNews.com. Binance leads in both BTC and ETH futures volumes and open interest. Bybit, MEXC Global, and Deribit also record high BTC and ETH futures volumes and open interest. Crypto futures…