Source: Circle The popular stablecoin USDC has regained its $1 peg price after regulators in the US assured that depositors in Silicon Valley Bank (SVB) can access their money today. The assurance from the government […]
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress […]
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally […]
People in the crypto space are talking about the Metaverse as a revolutionary innovation that will transform the Internet as we know it. As its name suggests, Metaverse means “beyond the universe”, describing a virtual […]
Synthetix (SNX/USD) price has staged a strong comeback in the past few days as investors cheer the upgrade to V3. It rose to a high of $3, which is much higher than the lowest level […]
The NY state AG was able to buy and sell crypto on KuCoin. KuCoin is however not registered in New York. This is the AG’s eighth lawsuit against shadowy cryptocurrency platforms. Letitia James, the New […]
With hours to go before the trading day begins in Asia, top U.S. regulators have mulled guaranteeing all deposits at Silicon Valley Bank to prevent broader panic in the global financial sector, the Washington Post reported late […]
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who […]
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The CFTC chief stressed […]
According to Reuters, U.S. Treasury Secretary Janet Yellen confirmed that the failed Silicon Valley Bank (SVB) would get help from the government but ruled out a bailout for the bank. Reacting to calls for a government […]
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