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Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator


The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. The financial watchdog insisted that its decision to put Signature Bank in receivership...

Bitget’s Shark Fin product receives yield boost to record 5%


Bitget – a global cryptocurrency derivatives exchange, has announced that it is increasing the APR of its Fin Shark investment product to 5%. The update will effectively make Shark Fin the highest-yielding product, attracting investors seeking conservative approaches to profit-making and guaranteed...

Does the US banking collapse bring faith in BTC and ETH?


This week the crypto market has been volatile because higher interest in the USA squeezed three prominent US financial institutions serving the tech sector. After that, the U.S. Treasury Department and Federal Reserve ensure the customers are safe while bond and equity holders may need to face...

Membrane Finance, Polygon Labs & deltaDAO brings EUROe to Gaia-X


Membrane Finance, Polygon Labs, and deltaDAO recently announced a strategic partnership. The parties are bringing the world’s first euro-regulated stablecoin, EUROe, to Gaia-X. After the integration is done, EUROe will act as the primary settlement token on the platform. The GEN-X network, a Web3...

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum


On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following...

Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday


Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher. Litecoin (LTC) Litecoin (LTC)...

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