Cointelegraph

⁠Sen. Warren calls out 'sham audits' while SVB threatens crypto bankruptcy Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Dep…

⁠Coinbase reiterates that staking services will continue, despite SEC crackdown Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that…

⁠USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking a…

⁠Circle discloses $3.3B tied up at Silicon Valley Bank Circle joined other customers and depositors in calling for the continuity of SVB in the US economy.

⁠Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.

📰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.

⁠Biden budget proposes 30% tax on crypto mining electricity usage The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources.

📈 Market Update 📉 What's up with crypto today? Silvergate Bank's downfall, KuCoin's lawsuit, and Fed Chair Powell's comments have got the market worried.

Central bank digital currencies are a threat to financial privacy, allowing unprecedented surveillance and control by governments. [Opinion]

Why is Ethereum (ETH) price down today? Ethereum price is down today and a growing list of macroeconomic challenges could continue to weigh on ETH price for the foreseeable future.

Subscribe To Your Favorite Cointelegraph Podcast In case you missed it, all Cointelegraph podcasts have their own exclusive pages now! Subscribe to your favorite podcast on the platform of your choice and leave a review:…

⁠SWIFT moves to next phase of CBDC testing after positive results According to SWIFT, 24% of central banks will introduce a CBDC within the next couple of years.

⁠Why is XRP price up today? Can Ripple pull off a win against the SEC? XRP price has been seeing moderate gains despite a general cryptocurrency market pullback.

⁠10 ways communities can attract Web3 businesses to set up shop Attracting Web3 businesses will take a blend of traditional strategies and a commitment to helping the industry develop a firm foundation.

⁠Bitcoin price levels to watch as trader says 'lights out' below $21.6K BTC price action is getting traders worried that $20,000 may not survive in the event that Bitcoin loses current support.

⁠Banks with crypto services require new Anti-Money Laundering capabilities Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.

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