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Coinbase Integrates Brazilian Central Bank’s Pix For Crypto Purchases With Brazilian Real
Top US crypto exchange Coinbase has expanded its services in Brazil through a partnership with Pix, an instant payment application run by…
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Coinbase Halts Support For Signature Bank’s SigNet, Leaving Cryptos In Limbo
Cryptocurrency exchange Coinbase no longer supports Signature Bank’s real-time payment network SigNet, more than a week after the New York regulators closed…
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Failed Signature Bank Cedes Non-crypto Operations To New York Community Bank Flagstar
Flagstar Bank’s parent company, New York Community Bank (NYCB), will take over ‘substantially all‘ of the operations of Signature Bank, excluding cryptocurrency…
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HSBC’s UK Branch Acquires SVB’s UK Branch For A £1
HSBC’s UK subsidiary, HSBC UK Bank, acquires Silicon Valley Bank’s UK branch for one British pound. According to the filing, SVB UK…
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Signature Bank Closed By New York Regulators; Another Big Blow to Crypto Investors
On Sunday, the US state regulators closed Signature Bank, a crypto-friendly financial institution, two days after shuttering Silicon Valley Bank, citing systemic…
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Binance, Coinbase Suspend USDC Conversions After Circle Disclosed Exposure To Failed Silicon Valley Bank
As the industry comes to terms with the demise of Silicon Valley Bank, top cryptocurrency exchanges, Binance and Coinbase, have announced that…
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U.S. Congressman Urges Fed To Consider CBDC Impact On Digital Assets
U.S. Congressman Stephen Lynch raised concerns over the impact of a CBDC on digital assets during the House Financial Services Committee. He…
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Chinese Platform WeChat Accept Payments With The Digital Yuan CBDC
WeChat has moved to support the development of China’s CBDC, adding a payment method using the digital yuan, e-CNY. See Related: Ripple…
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GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale
Shares of Grayscale Bitcoin Trust, the world’s largest Bitcoin fund, rose nearly 10% this Tuesday after Grayscale’s lawsuit against the Securities and…
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Silvergate Drops Over 50% In A Trading Day; Sees Its Biggest Clients Halting Business With The Bank
On Wednesday, Silvergate closed the day at $13.53; on Thursday, they closed at $5.75. A 57% loss in 2 days – what…