Coinbase temporarily pausing USDC:USD conversions over the weekend possibly due to its Circle’s Silicon Valley bank exposure USDC was one of the most trusted stablecoin and with Circle’s undisclosed exposure puts investors at risk. With no prior warning, Coinbase decided…
Binance has temporarily suspended auto-conversion of USDC to BUSD – Potentially due to Circle-Silicon Valley Bank exposure
As per Binance notification on twitter, Binance has temporarily suspended auto-conversion of USDC to BUSD due to current market conditions, specifically related to high inflows & the increasing burden to support the conversion. USDC( Circle) is in the center of…
Circle’s USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle, a U.S.-based stablecoin issuer, has come under scrutiny after it was revealed that the company held a portion of its USDC stablecoin’s cash reserves at Silicon Valley Bank (SVB) as of January 17th. This comes after SVB was taken…
Missed Opportunity: South Dakota Governor’s Veto of Cryptocurrency Bill Deals a Blow to Innovation and Progress!
South Dakota Governor Kristi Noem has vetoed a bill that sought to exclude cryptocurrencies from the definition of “money” under state law. The bill, which was passed by the state’s legislature, aimed to clarify the legal status of cryptocurrencies and…
Victim of Crypto Theft Fights Back: New Yorker Sues Coinbase for $96,000 Loss and Negligence
Jared Ferguson, a New York resident, is suing Coinbase for $96,000 worth of stolen cryptocurrency from his Coinbase wallet. He claims that the company is responsible for the theft and filed a complaint in San Francisco’s U.S. District Court on…
Hedera(HBAR) confirms that the mainnet breach resulted in the theft of millions of service tokens
Hedera Hashgraph(HBAR), a public distributed ledger technology (DLT) platform, confirmed on March 14, 2023, that millions of service tokens were stolen as a result of a breach in its mainnet. The incident occurred on March 10, 2023, and was reported…
Revolutionizing Mining Operations:Jack Dorsey’s Block Unveils Powerful Mining Development Kit to Empower Developers!
Block, founded by Jack Dorsey, introduces a new mining development kit to enhance accessibility and openness for novel Bitcoin mining use cases through multiple components. Block, a blockchain infrastructure firm, has recently announced the release of its Mining Development Kit…
Crypto tax filing made easy: CoinTracker partners with H&R Block for hassle-free tax season
CoinTracker, a cryptocurrency tax compliance software provider, has teamed up with H&R Block to help crypto investors easily and accurately file their tax returns. The partnership aims to simplify the process for individuals who have invested in cryptocurrencies by automatically…
Sony Music Flies for Trademark Application for NFT while LimeWire and Universal Music Group(UMG) Partner for NFT Licensing Platform – Revolutionizing the Music Industry
Sony Music and Universal Music Group plans to enters big time into NFT’s Revolutionizing the music industry Sony Music NFT Trademark Sony Music, one of the largest music labels in the world, has filed a trademark application for a new…
New York Attorney General, Letitia James sues KuCoin for alleged securities violations
KuCoin, a popular cryptocurrency exchange, has been sued by the New York Attorney General (NYAG) for allegedly selling unregistered securities and commodities to investors in the state. The lawsuit, which was filed in New York County Supreme Court, accuses KuCoin…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on…
