Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank
Marathon terminated a credit facility with Silvergate last week.
Read MoreEU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
Read MoreOKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
OkCoin CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals are not affected.
Read MoreEuler DeFi Protocol Exploited for Nearly $185M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC.
Read MoreBitcoin, U.S. Stock Futures Erase Early Gains as First Republic Bank Tanks 50% in Pre-Market Trading
Risk assets pared gains while bond yields tanked as emergency measures announced by U.S. authorities failed to assuage investor fears about banking sector problems.
Read MoreSilicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
Read MoreUSDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve
Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.
Read MoreHSBC Subsidiary to Acquire Silicon Valley Bank’s U.K. Unit for 1 Pound
The bank said the deal is a move to strengthen it’s regional presence.
Read MoreBinance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other Tokens
Binance tapped into its Industry Recovery Initiative funds to cover the move.
Read MoreIMF Had Warned G-20 That Widespread Crypto Use Would Impact Banks
The International Monetary Fund (IMF) had warned the G-20 nations that the widespread proliferation of crypto assets could lead to banks losing deposits and curtailing lending, a report made public
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