Global News
Providing the most updated news on NFT, DeFi, Tokenization, Crypto and other blockchain related developments from around the world
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Circle Secures Access to $3.3B USDC Reserves Stuck at Silicon Valley Bank
According to Jeremy Allaire, CEO and co-founder of Circle, the stablecoin issuer has successfully retrieved its $3.3 billion in funds…
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US Authorities Probing Signature Bank for Preemptive Measures Against Money Laundering
According to sources familiar with the matter, the cryptocurrency-friendly Signature Bank was reportedly under investigation by two US government bodies…
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Goerli Testnet Successfully Implements Shapella Hard Fork, but with Technical Complications
The Goerli testnet has undergone the Shapella hard fork, which was the final trial before Ethereum validators could retrieve their…
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Nissan Makes a Move into Web3 with New Trademarks, Tests Car Sales in the Metaverse
Nissan, a Japanese carmaker, has joined the trend of increasing its Web3 initiatives by submitting four new trademarks related to…
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Shareholders Strike Back: SVB Financial Group and Executives Sued as Silicon Valley Bank Collapses
Shareholders have filed a proposed class action against SVB Financial Group and two of its top executives, Greg Becker and…
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Binance Scrambles to Find Alternative Pound Transfer Provider Before Skrill Service Termination
Binance is urgently seeking a new partner to handle the processing of British pound transfers on its trading platform. This…
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Circle and Silvergate Bank Troubles Prompt Binance to Convert Recovery Funds to Crypto
The drop in value of the USD Coin (USDC), a stablecoin pegged to the US dollar, occurred as a result…
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FDIC Takes Control of Signature Bank, Third Largest Bank Failure in USA History
On Sunday, state regulators closed down New York-based Signature Bank, which was the third-largest banking failure in US history. This…
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HSBC Acquires Silicon Valley Bank UK with Customer Deposits Protected
HSBC has acquired the UK division of Silicon Valley Bank, which collapsed recently. The UK government and Bank of England…
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Federal Reserve Board Introduces Bank Term Funding Program to Support Depositors
In order to provide support to households and businesses in the United States, the Federal Reserve Board has announced that…
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