Cointelegraph

📰In Case You Missed It 📰 🏦 Silicon Valley Bank shut down by California regulator 📉 Market Update: Why is Ethereum (ETH) price down today? 🏃‍♂️ Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits ⚖️ AAVE DAO…

⁠Circle's exposure to U.S. banks could top $9B Circle's reserves are held in a number of banks in the United States, including Silvergate, Silicon Valley Bank, and Bank of New York (BNY) Mellon.

⁠Crypto Biz: Silvergate shutting down, Alameda suing Grayscale Negative headlines surrounding Silvergate dragged Bitcoin's price below $20,000. Meanwhile, bankrupt Alameda is planning to sue Grayscale and its parent comp…

⁠AAVE DAO votes for 'rescue plan' to save lost tokens The plan intends to allow developers to recover tokens from certain AAVE contracts and send them to owners who transferred them by mistake.

⁠What does the Silvergate collapse mean for crypto? The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the U.…

📈 Market Update 📉 Should Ethereum be classified as a security token in the US? Regulators' debate on this issue is affecting investors' confidence.

⁠How does a stock’s price-to-earnings ratio relate to cryptocurrencies? Cointelegraph analyst and writer Marcel Pechman explains how price-to-earnings ratios relate to cryptocurrency markets.

⁠Silicon Valley Bank shut down by California regulator The FDIC stated that as receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of…

With the rise of liquid staking derivatives, could stETH one day rival the traditional bond market? [Opinion]

⁠DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days “Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million.

⁠Meta working on text-based decentralized social network codenamed P92 Meta is reportedly building a decentralized, text-based social network that supports ActivityPub, the decentralized social networking protocol that p…

⁠Bitcoin slips under $20K amid Biden budget, Silvergate collapse The price of BTC briefly slipped under $20,000 in the early hours of Mar. 10 and is now hovering just above $20,000 at the time of writing.

⁠'I anti-endorse these projects' — Buterin's shitcoin war sees him sent another 250K Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”

Thailand sacrifices $1B in revenue to spark a $3.7B investment token boom, Canaan Bitcoin miner revenue falls 60% and South Korea throws another $51M at Metaverse tech. All this and more in Asia Express.