Crypto News

Stay up-to-date with the latest news and developments in the world of cryptocurrency. Get the latest market analysis, insights, and updates from Crypto News – your one stop shop for all things crypto.

DWF Labs Announces $10 Million Investment in the Orbs Ecosystem
Crypto News

DWF Labs Announces $10 Million Investment in the Orbs Ecosystem

DWF Labs, a web 3.0 investment firm, purchased close to $10 million in tokens and joined the Orbs ecosystem. DWF Labs Announces $10...

Trade Volumes on the Decentralized Exchange (DEX) Increased by About 250%
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Trade Volumes on the Decentralized Exchange (DEX) Increased by About 250%

During the stablecoin crisis earlier this week, when the value of USDC, the second-largest stablecoin by market capitalization, fell to a low of...

Examining the Crypto Sense App
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Examining the Crypto Sense App

Nowadays, cryptocurrencies have become quite widespread. There are as many people who don’t know about them as there are enthusiasts. Here is a...

Binance Ends Zero-Free Bitcoin Trading
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Binance Ends Zero-Free Bitcoin Trading

Cryptocurrency exchange Binance announced Wednesday that it will end zero-free bitcoin trading on its platform. Amid the crackdown on stablecoin Binance USD (BUSD),...

Binance Converts Industry Recovery Initiative Fund to Crypto
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Binance Converts Industry Recovery Initiative Fund to Crypto

Binance, the largest known centralized cryptocurrency exchange, announced that it had converted the remaining $1 billion in the Industry Recover Initiative fund it...

Shiba Inu L2 Solution Shibarium is Live!
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Shiba Inu L2 Solution Shibarium is Live!

Shiba Inu L2 Solution Shibarium is Live!

Three Ventures Capital's 5 billion in svb
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Three Venture Capital’s $5 billion in SVB

Three venture capitals comprising Paradigm, Pantera Capital, and Andreessen Horowitz (a16z) allegedly have more than $5 billion in Silicon Valley Bank (SBV). Three...

According to Reports more than Two Billion USDC Stablecoins Burned in Just One Day
Crypto News

According to Reports more than Two Billion USDC Stablecoins Burned in Just One Day

When redemptions surpassed $4 billion on Tuesday night, over $2.2 billion worth of USDC stablecoin has been burned since the beginning of this...

S&P Dow Jones Indices
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S&P Dow Jones Indices

S&P Dow Jones Indices is a company that provides solutions to help investors around the world identify, evaluate, and capitalize on investment opportunities....

Circle Announces Enterprise Sourcing Strategy for USDC
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Circle Announces Enterprise Sourcing Strategy for USDC

Circle, one of the companies behind USDC, announced the strategies they are planning for the correction of the stablecoin’s decline. Circle Announces Enterprise...

After Signature Bank Collapse, OKCoin Pauses USD Deposits
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After Signature Bank Collapse, OKCoin Pauses USD Deposits

Crypto exchange OKCoin temporary stopped USD deposits after Signature Bank’s collapse. The company also added that it is not affiliated with Silicon Valley...

Uniswap Hits ATH Close to $12B Trading Volume Amid USDC Crisis
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Uniswap Hits ATH Close to $12B Trading Volume Amid USDC Crisis

The decline of centralized organizations has benefited their decentralized counterparts. Over the weekend, USDC saw significant trading volume across multiple decentralized exchanges. For...

First Republic Bank
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First Republic Bank Shares Plummet

With the bankruptcy of Silicon Valley Bank and Signature Bank in the US, a cloud hangs over the banking system. First Republic Bank...

Recent Events in USDC
Crypto News

Recent New Events in USDC-2023

The crisis in the United States banking system has had a profound impact on stablecoins in cryptocurrency markets such as USDC. What is...

Pi Coin Silen on Pi Day
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Pi Coin Silent on Pi Day

Pi Network was created with the claim of enabling users to mine Pi Coins with just their mobile phones without using special hardware....

How Has the Bitcoin Price Been Affected by the Recent Events?
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How Has the Bitcoin Price Been Affected by the Recent Events?

There was a fast recovery in Bitcoin price with the statement that depositors will be safeguarded at the Silicon Valley Bank and the...

Xumm 2.4.0 Released by XRPL Labs
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Xumm 2.4.0 Released by XRPL Labs

The popular XRP Ledger wallet has received its first update in seven months with the release of Xumm 2.4.0 by XRPL Labs. Xumm...

Why is Crypto Going Up?
Crypto News

Why is Crypto Going Up?

There has been a mixed bag of events in the cryptocurrency community recently, including the collapse of FTX, the shutdown of Silicon Valley...

Signature Bank Shut Down by State Regulators
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Signature Bank Shut Down by State Regulators

Signature Bank, a New York-based financial institution, has been shut down by the United States Federal Regulators. Signature Bank Shut Down by State...

After Fed Announcement, USDC is Pegged to $1 Again
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After Fed Announcement, USDC is Pegged to $1 Again

According to the latest reports, positive developments regarding Circle’s $3.3 billion reserves held at Silicon Valley Bank and its new banking partners have...

Tether becomes only stablecoin to survive
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Tether Becomes the Only Stablecoin to Survive

Of the ten most traded stablecoins in the market after the Silicon Valley Bank crisis, only Tether can maintain its stable value. Tether...

TruthGPT is Launched in Response to Elon Musk’s Tweet
Crypto News

TruthGPT is Launched in Response to Elon Musk’s Tweet

Elon Musk jokingly criticized ChatGPT, a text-based artificial intelligence (AI) platform, tweeting, “What we need is TruthGPT”. Following this tweet a project of...

According to TrueUSD, Closure of Signature Bank Will Affect Small Number of Users
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According to TrueUSD, Closure of Signature Bank Will Affect Small Number of Users

Singapore-based Techteryx, which issues ТrueUSD, informed that that issuance and redemption for users with Signature Bank will be suspended, but the rest of the banking network will...

Pantera Capital Affected by Silicon Valley Bank Collapse
Crypto News

Pantera Capital Affected by Silicon Valley Bank Collapse

Pantera Capital, a crypto-focused investment firm, reportedly has assets in the recently bankrupt Silicon Valley Bank. Pantera Capital Affected by Silicon Valley Bank...

BlockFi Stuck $227 million at Silicon Valley Bank
Crypto News

BlockFi Stuck $227 million at Silicon Valley Bank

Recently bankrupt crypto lender firm BlockFi was heavily affected by the collapse of Silicon Valley Bank. BlockFi Stuck $227 million at Silicon Valley...

Huobi Launches USDC/USDT Perpetual Futures Amid SVB Collapse
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Huobi Launches USDC/USDT Perpetual Futures Amid SVB Collapse

A leading cryptocurrency exchange Huobi has announced the launch of USDC/USDT perpetual futures trading, giving users the ability to trade with high leverage...

Ecsa raises 3 million Funds
Crypto News

ECSA Raises 3 million Funds

ECSA, a Brazil-based stablecoin issuer, announced that it raised $3 million in a pre-seed funding round. ECSA Raises 3 million Funds ECSA, which...

Changpeng Zhao Says that Banks Represent a Risk To Fiat-Backed Stablecoins
Crypto News

Changpeng Zhao Says that Banks Represent a Risk To Fiat-Backed Stablecoins

It seems that Binance’s CEO Changpeng Zhao has some doubts about stablecoins backed by fiat money. Changpeng Zhao Says that Banks Represent a...

Elon Musk may buy silicon valley bank
Crypto News

Elon Musk May Buy Silicon Valley Bank

World-renowned businessperson Elon Musk said on Twitter that he is open to the idea of buying Silicon Valley Bank (SVB). Elon Musk May...

USDC Reaches Its Stable Value Again
Crypto News

USDC Reaches Its Stable Value Again

According to some sources, 50% of uninsured deposits will be paid by next week. USDC Reaches Its Stable Value Again Developments regarding stablecoins,...