Posts published on March 12, 2023 go to media archive 2/2

Bitcoin News External news feeds MarketUpdates AutoConversion Binance BitPay Coinbase Coingeckocom Crypto Cryptocom Cryptocurrency Curve DAI DecentralizedExchange Depegging DEX FRAX GlobalTradeVolume GUSD Kraken KuCoin MIM Pancakeswap PancakeswapV2 PaymentProcessor Stablecoin Stableswap Tether Trading Uniswap UniswapV3 USDollar USDC WrappedEther

Mar 12, 2023 8:30 AM (2 years ago)

USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and…

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Cointelegraph.com News External news feeds Banks UnitedStates JanetYellen

Mar 12, 2023 8:29 AM (2 years ago)

U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report

Janet Yellen said in an interview on March 12 that U.S. regulators are working to address Silicon Valley Bank collapse, but not considering a major bailout.

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Bitcoin News External news feeds TheWeekly China Dedollarization ElizabethWarren ERC20 FDIC India OIL SellOff SiliconValleyBank SilvergateBank SVB USD VitalikButerin

Mar 12, 2023 6:30 AM (2 years ago)

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review

It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out…

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Cointelegraph.com News External news feeds Stablecoins Depeg MarketLiquidity MarketShocks Volatility LackOfTrust LackOfTransparency TechnicalIssues

Mar 12, 2023 6:07 AM (2 years ago)

How and why do stablecoins depeg?

Discover the causes and mechanisms behind stablecoin depegging.

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NewsBTC External news feeds CryptocurrencyNews Bitcoin Circle MoodysRating SiliconValleyBank USDC

Mar 12, 2023 5:33 AM (2 years ago)

Is Moody’s Ratings Downgrade The Reason Why Silicon Valley Bank Fell?

The collapse of Silicon Valley Bank and news that Circle, the issuer of USDC, was exposed to the tech lender has caused reverberations across the stock and crypto markets. However, could Moody’s rating downgrade of SVB have accelerated the…

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Cointelegraph.com News External news feeds Metaverse SouthKorea Funding FinancialSystems

Mar 12, 2023 4:50 AM (2 years ago)

South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.

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Bitcoin News External news feeds Africa CyrilRamaphosa ElectricityShortages FATFGreyList KgosientshoRamokgopa RandDepreciation USDollar

Mar 12, 2023 4:30 AM (2 years ago)

South African Rand Plunges to New 2023 Low Versus the US Dollar

Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Africa’s power shortages as well as the…

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Cointelegraph.com News External news feeds VentureCapital Investments Startups TechStartups Banks SiliconValley

Mar 12, 2023 2:32 AM (2 years ago)

Over 100 VCs, investors voice solidarity with Silicon Valley Bank

Approximately 125 VCs and investors signed a statement supporting Silicon Valley Bank to limit the fallout of the bank’s collapse and the subsequent impact on tech companies.

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Bitcoin News External news feeds Mining Bill Crypto CryptoAssets CryptoMiners CryptoMining Cryptocurrencies Cryptocurrency Declaration Fines Legislation Miners Penalties Prison PrisonTime Punishment Regulation Reporting Russia Russian Sentence Tax Taxation

Mar 12, 2023 2:30 AM (2 years ago)

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of…

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Bitcoin News External news feeds Africa API CentralBankOfNigeriaCBN CorporateAffairsCommission Nigeria OpenBanking

Mar 12, 2023 1:30 AM (2 years ago)

Nigerian Central Bank Unveils Open Banking Guidelines

The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to enhance efficiency and access to financial services. According to the central bank, some of the guidelines’ objectives…

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Cointelegraph.com News External news feeds BillAckman PershingSquare Billionaire FDIC FederalDepositInsuranceCorporation BobElliot Unlimited FederalReserve SiliconValleyBank SVB

Mar 12, 2023 12:14 AM (2 years ago)

Bill Ackman warns US gov't: Fix mistake in ‘48 hours’ or face ‘destruction’

Billionaire Bill Ackman said that SVB’s senior management made a “basic mistake” but should be fired.

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