Newsfeeds - Spark Newswire

2 minute read

Cathie Wood Gets Elon Musk’s Nod After Slamming Regulatory Failure Over Banking Crisis: ‘Lot Of … Similarities To 1929’

Today, 12:33 PM

ARK Investment Management CEO Cathie Wood believes regulators should have focussed on the opaque failure points of the traditional banking system rather than blocking decentralized financial platforms “th

BTC

2 minute read

Crypto Crash: Euler Finance Token Plummets Over 45% After Massive Hack

By Murtuza Merchant

Today, 12:33 PM

Euler Finance, a lending protocol that facilitates crypto lending and borrowing, has suffered a flash-loan attack resulting in a loss of $197 million, according to security firms BlockSec and PeckShield.

$DAI

4 minute read

Is Apple Blocking Crypto Apps? Uniswap Responds To Challenging Mobile Wallet Launch At ETHDenver 2023

By Ryan McNamara

Today, 12:33 PM

Kicking off the 2nd day of ETHDenver, Uniswap’s (CRYPTO: UNI) Design Lead Callil Capuozzo announced the leading decentralized exchange’s latest product:

$UNI

2 minute read

USD Coin Defies Gravity And Returns To $1 Peg After Nail-Biting Weekend

By Murtuza Merchant

Today, 12:33 PM

Stablecoin USD Coin (CRYPTO: USDC), issued by Circle, is gradually returning to its $1 peg, after a tumultuous weekend, after CEO Jeremy Allaire

2 minute read

USD Coin Regains $1 Peg As Circle CEO Allaire Thanks Feds, Reveals New Banking Tie-Ups

By Mehab Qureshi

Today, 12:33 PM

Jeremy Allaire, CEO and co-founder of Circle, on Sunday thanked the U.S.

2 minute read

Silicon Valley Bank Depositors Will Have Access To All Their Money, Say Regulators

By Murtuza Merchant

Today, 12:33 PM

Depositors of Silicon Valley Bank (NASDAQ: SIVB) will have access to all their money starting Monday, according to regulators.

$BNB

2 minute read

Bank Of London Makes Bid For Silicon Valley Bank UK Subsidiary, While Bitcoin, Ethereum And USDC Rebound

By Murtuza Merchant

Today, 12:33 PM

Bank of London presented an official offer on Sunday to acquire the U.K. subsidiary of Silicon Valley Bank (NASDAQ: SIVB).

$MATIC

2 minute read

CZ Speculates On Government Plot To Take Down Banks; Circle Responds To SVB Fall

By Murtuza Merchant

Today, 12:33 PM

Binance (CRYPTO: BNB) CEO Changpeng Zhao, popularly known as “CZ” in the cryptocurrency community, has raised concerns over the recent shutdown of cryptocurrency-friendly banks, stating that it feels like there is a coordinated effort by the U.S.

$BNB

2 minute read

Binance And Coinbase Scramble To Halt USDC Conversions Amid Silicon Valley Bank Chaos

By Murtuza Merchant

Today, 12:33 PM

Cryptocurrency exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc (NASDAQ: COIN), two of the top cryptocurrency exchanges, announced temporary suspensions of USD Coin (CRYPTO:

$AVAX

2 minute read

Circle’s Funds Could Be In Jeopardy As California Regulators Close Silicon Valley Bank

By Murtuza Merchant

Today, 12:33 PM

Circle (CRYPTO: USDC) deposited an unknown sum of cash in the now-defunct Silicon Valley Bank (NASDAQ: SIVB), which was one of the U.S.-regulated financial institutions responsible for