General News

Coinbase Expands Services in Singapore with Standard Chartered Partnership

Cryptocurrency exchange Coinbase has partnered with Standard Chartered to allow customers in Singapore to transfer funds to and from their accounts via local banks....

Coinplay: The Ultimate Crypto Betting Platform with 100% Bonus

Coinplay is a licensed crypto gambling and betting platform that offers a wide range of sports and esports events to bet on, as well...

Signature Bank closure not related to crypto, says NY regulator

New York’s Department of Financial Services (NYDFS) denied that it closed Signature Bank due to its involvement in cryptocurrency. According to a spokesperson, the...

Binance Converts $1 Billion Industry Recovery Fund to Bitcoin

In response to the controversy surrounding the USDC stablecoin, Binance, the world's largest cryptocurrency exchange, has converted its $1 billion Industry Recovery Initiative funds...

Circle Announces New Banking Partner After Silicon Valley Bank Shutdown

Over the weekend, concerns arose over $3.3 billion worth of USDC reserves being held at Silicon Valley Bank, which was shut down by the...

Binance Scrambles to Find New Partner for British Pound Transfers

Binance, a leading cryptocurrency exchange, is in search of a new service partner to process British pound transfers on its platform after its current...

Barney Frank: Regulators Targeted Signature Bank to Send Anti-Crypto Message

Barney Frank, the former congressman and a board member of Signature Bank, has accused regulators of closing down the bank to send an "anti-crypto...

Another US Bank Closure Sparks Crypto Setback

Signature Bank, a New York-based bank with numerous cryptocurrency customers, has been closed by state regulators, causing yet another setback for digital assets in...

Circle CEO: USDC Reserves at Silicon Valley Bank Safe and Available

U.S. company Circle announced on March 14 that its $3.3 billion USDC reserve deposit, which had been held at the collapsed Silicon Valley Bank,...

Circle to Cover Shortfall in USDC Stablecoin Amidst SVB’s Collapse

Circle Internet Financial, the issuer of the USDC stablecoin, has pledged to “cover any shortfall” in the assets backing the stablecoin. This comes as...

USD Coin Reserves Hit by Silicon Valley Bank Collapse, Investors Rush to Sell

Circle Internet Financial Ltd., the issuer of the USD Coin, a stablecoin pegged to the US dollar, has confirmed that it has $3.3 billion...

New York Attorney General Sues KuCoin for Securities Violations

The New York Attorney General, Letitia James, has filed a lawsuit against KuCoin exchange for failing to register as a securities and commodities broker-dealer...