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Chinese billionaire using crypto to fight communism charged over $1 billion fraud, Do Kwon’s $11M bet comes due, Zhu Su bonds with Islam. Go to Source Powered by WPeMatico
The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners. Go to Source Powered by WPeMatico
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. Go to Source Powered by WPeMatico
On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if … Read more
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. Go to Source Powered by WPeMatico
The deposit token is a concept that came out of Singapore’s Project Guardian last year; it has already been touted by JPMorgan. Go to Source Powered by WPeMatico
The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry. Go to Source Powered by WPeMatico
The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however. Go to Source Powered by WPeMatico
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following … Read more
The upgrade will enable staked ETH withdrawals on the Beacon Chain, completing Ethereum’s transition to a PoS consensus. Go to Source Powered by WPeMatico