Cryptoverse: Bitcoin passes the bank’s stress test
March 21 (Reuters) – As the crisis stalks the traditional world of stocks and bonds, bitcoin suddenly looks like a safe haven. The notoriously volatile cryptocurrency...
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FTX is suing liquidators of its Bahamian affiliate over ownership of crypto exchange
March 20 (Reuters) – Bankrupt crypto exchange FTX has sued the liquidators overseeing the liquidation of its Bahamian affiliate FTX Digital Markets, accusing them of falsely...
Crypto investors withdraw $3 billion from stablecoin USDC in three days
LONDON, March 16 (Reuters) – Crypto investors pulled about $3 billion in total from stablecoin USDC in three days, the company behind the token said in...
Signature Bank’s shutdown had ‘nothing to do with crypto’ – New York regulator
March 14 (Reuters) – New York’s financial regulator said the decision to close Signature Bank ( SBNY.O ) had “nothing to do with crypto,” citing what...
Cryptoverse: New breed of bitcoin NFTs sell for millions
March 14 (Reuters) – Imagine digitally imprinting 3D images of objects such as multi-colored spheres onto a small fragment of bitcoin. Imagine selling them for $16.5...
US crypto firms seek Swiss banking partners amid banking collapse
LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder...
Bitcoin, USDC stablecoin rally after US intervenes on SVB
SINGAPORE, March 13 (Reuters) – Bitcoin and other cryptocurrencies rallied on Monday after the U.S. government announced plans to contain the fallout from the collapse of...
Circle reassures market after stablecoin USDC breaks dollar peg
LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and fell to a record low on Saturday before recovering most of its...
Fintech threat to big banks eased in 2022 as prices rose – report
Feb 15 (Reuters) – The competitive threat from financial technology companies to big banks eased over the past year as rising interest rates constrained funding, a...
Crypto stocks plummet after Silvergate decides to shut down
March 9 (Reuters) – Shares in crypto-focused companies fell on Thursday after Silvergate Capital Corp ( SI.N ) revealed plans to wind down operations and voluntarily...