Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts.
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts.
Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos” such as BTC.
Court cases involving the U.S. SEC and some major crypto industry enterprises – Voyager Digital, Alameda Research and Biance – have continued to progress throughout 2023.
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands.
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.
Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks.
United States President Joe Biden said on Twitter that he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.”
Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched.
Positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg.
The Federal Reserve established a funding program for banks, making $25 billion available to eligible firms in a bid to avoid further banking liquidity issues.