Silicon Valley Bank’s failure has a lot to do with rising interest rates, but the shockwaves from its demise will still be felt in the crypto industry. Silicon Valley Bank, or SVB, was the bank of choice for 44% of U.S. venture-backed tech companies. But as venture capital dried up during the tech sector’s slump, startups have had to increasingly…
Privacy-focused web browser Brave announced on Friday the rollout of a new feature that allows users to not only buy cryptocurrency but also now sell it for fiat—including U.S. dollars, euros, and the British pound—without leaving the integrated Brave Wallet. Self-custody and the “not your keys, not your coins” mantra have regained momentum following the collapse of prominent cryptocurrency firms…
Privacy-focused web browser Brave announced on Friday the rollout of a new feature that allows users to not only buy cryptocurrency but also now sell it for fiat—including U.S. dollars, euros, and the British pound—without leaving the integrated Brave Wallet. Self-custody and the “not your keys, not your coins” mantra have regained momentum following the collapse of prominent cryptocurrency firms…
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions in Turnover Closed Down in Kazakhstan A platform illegally trading cryptocurrencies in Kazakhstan, ABS Change, has been identified and…
Pokémon on the blockchain? We’ve seen other developers try to bring the video game franchise’s monster-battling concept to life in Web3 with some serious misfires along the way, but The Pokémon Company itself hasn’t made any moves yet in the space. However, that could be changing, according to a new job listing. The Pokémon Company—a joint venture between publisher Nintendo…
Coinbase today told users that it is updating the terms and conditions of its staking service—one month after U.S. regulators cracked down on similar products. America’s biggest cryptocurrency exchange said in an email to customers on Friday that staking will continue and emphasized that clients will earn rewards through protocols and not Coinbase itself—which is a particular point of contention…
Coinbase today told users that it is updating the terms and conditions of its staking service—one month after U.S. regulators cracked down on similar products. America’s biggest cryptocurrency exchange said in an email to customers on Friday that staking will continue and emphasized that clients will earn rewards through protocols and not Coinbase itself—which is a particular point of contention…
Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13. Total crypto market cap in USD, 1-day. Source: TradingView…
Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13. Total crypto market cap in USD, 1-day. Source: TradingView…
On Mar 10, Reuters reported that the U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX cryptocurrency exchange founder Sam Bankman-Fried. Judge still thinks proposed Bankman-Fried bail conditions too lenient https://t.co/qsfFqJ8Nlt pic.twitter.com/tLhMKMrRax — Reuters (@Reuters) March 10, 2023 As previously reported by Cointelegraph on March 4, U.S. district judge Lewis Kaplan serving on…
