Author: John Smith
Silicon Valley Bank focused on two risky industries, VC and crypto. Poor diversification, not Operation Chokepoint 2.0, caused its collapse. Source link
DeFi platform Compound is facing calls to onboard additional risk managers in response to a governance proposal by current manager Gauntlet. Source link
When Trump made the claim, ETH’s price stood at around $2,877.32. However, it has since dipped to $1,908.57. Source link
Coinbase will launch the 24/7 Bitcoin and Ethereum futures products on its CFTC-regulated futures exchange Coinbase Derivatives. The exchange also plans for a perpetual-style futures contract. Coinbase is looking to tap into the growing demand for crypto trading with a round-the-clock futures offering for Bitcoin (BTC) and Ethereum (ETH). The exchange, the largest regulated US-based provider, will offer the BTC and ETH futures trading to US customers through its CFTC-regulated platform Coinbase Derivatives Exchange. Coinbase stated in an announcement on Mar. 10 that this 24/7 futures trading for the top two digital assets by market cap will roll out in…
Hacking group Dark Storm has claimed responsibility for the attack on X. The group has warned it would target countries that support Israel. Source link
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market. Source link
Despite the US introducing a strategic bitcoin reserve, the UK still deems the currency too volatile and will not follow suit. Source link
Wealth management giant Blackrock has decided to introduce bitcoin allocation suggestions for the first time in certain model portfolios. Source link
Ripple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed at the eleventh hour. Source link
An associate of Ripple CEO Chris Larsen used the hacked password manager LastPass to store private keys protecting Larsen’s $150M in XRP. Source link