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The Latest Breaking News from Crypto

How crypto Ponzi scheme threatens banks

It’s the big bank failure story no one is talking about

Salon

What crypto 'staking' really means

Misusing crypto terms like "staking" shows how much words matter—and how ignoring that harms the industry.

Fortune

Barney Frank, Signature and crypto's role in the banking crisis

The author of the famous Dodd-Frank law hints crypto is a fall guy in the current banking crisis.

Fortune

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read the most diverse news in one place.

FDIC wants buyer of Signature Bank to give up crypto business, report says

The failed New York-based bank was a popular option among crypto firms.

Fortune

Sam Bankman-Fried received $2.2bn from FTX-linked entities, say court filings

Ex-crypto poster boy and five of his inner circle transferred $3.2bn into personal accounts, allege new management

The Guardian - UK

Golden State Warriors vs. Los Angeles Clippers, live stream, channel, time, how to watch NBA

The Golden State Warriors take on the Los Angeles Clippers at the Crypto.com Arena on Wednesday night.

USA Today Sports Media Group

NY bank's demise: Contagion or a problem with the business?

A New York-based bank's demise was stunningly fast

The Independent UK

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Bank failures could spur Congress to act on stablecoins

Digital assets chair French Hill and Circle's Dante Disparte weigh in.

Fortune

Cathie Wood: regulators missed 'crisis looming in plain sight'

The tech investor argued that problems in traditional banking hurt cryptocurrencies, not the other way around.

Fortune

Crypto DeFi Future: Will it Come Back Stronger?

Decentralized Finance (DeFi) applications brought new and exciting trends to the cryptocurrency industry. Complete offerings like GameFi, SocialFi, and ReFi influenced and complemented many sectors in the past year.

inkl

Kings remain hot, bury Islanders with 4-goal 2nd period

LOS ANGELES — The Kings inundated the New York Islanders with a four-goal second period in a game they ultimately won, 5-2, on Tuesday night at Crypto.com Arena to remain among the Pacific Division’s contenders and the NHL’s hottest teams.

The Orange County Register

Bitcoin prices go up when banks go down

Crypto got a boost from this weekend's bank turmoil, which market experts all linked to changing expectations.

Axios

NatWest limits cryptocurrency payments due to scams and offers tips to avoid being duped

There will now be a daily limit and a monthly limit

Wales Online

'Nothing to do with crypto': Regulators pour cold water on Barney Frank's claim Signature Bank was targeted

The failure of the crypto-friendly bank has spurred rampant speculation.

Fortune

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The Independent UK

NatWest limits cryptocurrency payments amid scam concerns

A daily limit of £1,000 and a limit of £5,000 over a 30-day period are being implemented by the bank.

Fortune

Bitcoin surpasses $25,000 after SVB collapse, CPI report

The cryptocurrency has struggled to maintain momentum past the $25,000 mark in 2023.

Fortune

Crypto loves socialism—when it's convenient

The hypocrisy of crypto libertarian types like David Sacks when it comes to their friends is stunning.

The Independent UK

Signature Bank seized to send banks a message, director says

A regulatory takeover of a New York-based bank was intended to send a message to banks to stay away from the cryptocurrency business

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Fortune

How Silicon Valley Bank's collapse may affect crypto companies

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Fortune

What the collapse of crypto banks could mean for stablecoins

Providers like Circle are searching for solutions to fill the void.

Evening Standard

Is Pokémon set to launch NFTs?

The Japanese company behind the hit franchise has posted a job listing for someone with a “deep knowledge” of NFTs and blockchain.

ABC News

The collapse of Silicon Valley Bank reveals cracks in a system that leans on government bonds

Unlike the debacle surrounding the collapse of Sam Bankman-Fried's crypto kingdom FTX late last year, the sudden demise of Silicon Valley Bank last weekend has its origins at the other end of the financial spectrum, explains Ian Verrender.

Fortune

Signature Bank takeover could leave crypto firms scrambling

The Treasury, Federal Reserve, and FDIC jointly announced that depositors would be made whole.

The Orange County Register

Predators top Kings as Duchene scores shootout winner

LOS ANGELES – The Los Angeles Kings failed to keep pace with the Pacific Division-leading Vegas Golden Knights Saturday when they fell to the Nashville Predators 2-1 at Crypto.com Arena Saturday in a shootout.

Fortune

Circle reveals it has $3.3 billion stuck at Silicon Valley Bank as USDC wobbles against its peg

The company insisted that it was protecting the stablecoin from a "black swan failure."

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