- Spark Newswire

1 minute read

Silvergate Exchange Shutdown: Are Stablecoins Becoming The New Crypto Kings?

Today, 5:13 AM

With the collapse of both the Silvergate Exchange Network (NYSE: SI) and FTX (CRYPTO: FTT), stablecoins are expected to become even more ubiquitous as traders deposit their dollars with stablecoin issuers and

$FTT

2 minute read

Is Grayscale Investments Withholding $9B In Shareholder Value? FTX Debtors Take Legal Action To Unlock It

By Murtuza Merchant

Today, 5:13 AM

FTX Trading and its affiliated debtors (together, known as FTC Debtors) on Monday announced that one of their debtor affiliates, Alameda Research, filed a lawsuit against Grayscale Investments in the Court of Chancery in the State of Delaware.

ETHE

2 minute read

Carbon-Free Crypto: TeraWulf Powers Bitcoin Mining With Nuclear Energy

By Murtuza Merchant

Today, 5:13 AM

TeraWulf Inc. (NASDAQ:WULF) on Monday announced that Pennsylvania is now home to a 100% nuclear-powered Bitcoin (CRYPTO: BTC)…

BTC

2 minute read

Buy With Crypto: Bybit Launches Debit Card For Blue-Chip Cryptocurrencies

By Murtuza Merchant

Today, 5:13 AM

Cryptocurrency exchange Bybit has launched Bybit Card, a debit card powered by the Mastercard (NYSE: MA) network and issued by Moorwand.

$USDT

1 minute read

Kraken To Launch A Bank To Support Struggling Cryptocurrency Firms

By Murtuza Merchant

Today, 5:13 AM

Cryptocurrency exchange Kraken is planning to launch its own bank to support struggling cryptocurrency firms that are having difficulty establishing connections with traditional banks.

1 minute read

Bitcoin Sees Fourth Week Of Outflows, With Investment Products At $844M

By Murtuza Merchant

Today, 5:13 AM

Investment in digital asset products recorded a minor outflow of $17 million last week, marking the fourth consecutive week of negative sentiment, according to Coinshares.

$BNB

2 minute read

Singapore Police Launch Investigation Into Terraform Labs Linked To Crypto Fugitive Do Kwon

By Murtuza Merchant

Today, 5:13 AM

The Singaporean police on Monday announced that they have started an investigation related to Terraform Labs Pte, the company co-founded by cryptocurrency fugitive Do Kwon.

$LUNC

2 minute read

Bitcoin Liquidity Unaffected By Silvergate Fiasco, But Market Depth Remains Low

By Murtuza Merchant

Today, 5:13 AM

Despite the ongoing negative news around Silvergate Bank (NYSE: SI), its potential impact on Bitcoin (CRYPTO: BTC) liquidity has not been as significant as many in the market

BRPHF

2 minute read

Bitcoin, Ethereum, Solana And Shiba Inu Drop: Major Reasons For Growing Fear In Crypto

By Murtuza Merchant

Today, 5:13 AM

While cryptocurrencies are no stranger to sudden market movements and volatility, the latest market shake-up has left many in the industry reeling. A large red bar appeared on trading charts of major cryptocurrencies on Friday, with their values plummeting by hundreds of millions of dollars within hours.

$ADA

1 minute read

Bankruptcy Judge Orders Silvergate Bank To Release $9.9M To Crypto Lender BlockFi

By Murtuza Merchant

Today, 5:13 AM

After filing for bankruptcy protection in November 2022, BlockFi has been granted the release of almost $9.9 million from Silvergate Capital Corp (NYSE: SI) by a U.S. bankruptcy judge.

BRPHF