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Silicon Valley Bank Bailout Ruled Out By Treasury Secretary Janet Yellen
The federal government is instead focused on addressing the needs of SVB depositors.
USDC Stablecoin Falls to 87 Cents After Circle Discloses Exposure to Silicon Valley Bank
Circle says $3.3 billion of the cash reserves backing USDC remain at shuttered Silicon Valley Bank. USDC, DAI, and USDD have all depegged from $1.
Brave Browser Now Lets Users Sell Crypto Within the Wallet
The privacy-centric browser is trying to boost crypto self-custody by providing an off-ramp within its integrated wallet.
As Silicon Valley Bank Falls, Crypto Firms Brace for 'Extinction-Level' Tech Startup Turmoil
The effects of Silicon Valley Bank's failure are only beginning to be felt. Here's what's going on.
Starbucks Serves Up Its First Premium NFTs at $100 a Pop
After its free NFTs garnered significant value, the Polygon-based Starbucks Odyssey platform is dropping its first paid collectible.
Heterosis NFT Project Not ‘Possible in Any Other Medium': Mat Collishaw
Step into the stunning digital garden of Heterosis, the latest project by veteran artist Mat Collishaw as he dives into the world of NFTs.
'Crypto Friendly' Bank Silvergate to Wind Down Operations
Citing regulatory headwinds and the bear market, Silvergate Capital announced it is shuttering Silvergate Bank.
White House Will ‘Continue Monitoring’ Silvergate Bank Reports: Press Secretary
Karine Jean-Pierre refused to comment on the specifics of Silvergate’s situation, pointing to recent regulatory guidelines issued to US banks.
'Calladita' Director: NFT Film Funding Model Out of Date, 'The Space Moves So Rapidly'
Director Miguel Faus "wouldn't recommend" that other filmmakers duplicate his NFT fundraising approach exactly, as the space has already evolved.
SBF Wants to Watch Netflix and Read Crypto News While Awaiting Trial
The U.S. Attorney submitted a new request to adjust Sam Bankman-Fried's internet access.
Babel Finance Mulls New Token Launch to Repay Creditors
Embattled crypto broker Babel Finance is exploring the launch of a new DeFi token to resolve the company’s financial woes.
This Week on Crypto Twitter: Lawyers Lay Into SEC, Elon Musk Cools on Crypto
Visa’s head of crypto this week emphatically denied that the payments giant was pausing its crypto push.
Coinbase Forges Ahead Despite Lackluster NFT Marketplace Rollout
An exec says the publicly traded crypto exchange will continue to push the envelope.
UK Crypto Crackdown: Which British Banks Allow You to Buy Bitcoin?
It’s getting tougher to buy and sell crypto if you bank in the U.K. These are the latest rules.
Tether Has No Exposure to Sinking Crypto Bank Silvergate, Says CTO
The company behind the world's biggest stablecoin has no links to troubled bank Silvergate, according to Tether CTO Paolo Ardoino.
Circle To ‘Stand Behind’ USDC, Cover $3.3 Billion Shortfall Held in Silicon Valley Bank
Circle stated it would use corporate resources and "external capital if necessary" to ensure that USDC is redeemable for the US Dollar at a 1:1 ratio.
This Week in Coins: Silvergate, Silicon Valley Bank Collapse, Bitcoin and Ethereum Crash
Also this week, Capitol Hill was full of conflicting opinions as lawmakers again grappled with crypto.
Coinbase's Plan to Go 'On-Chain Native' Is a Smart Play for Fees
By developing various on-chain products and services, Coinbase is hoping to get users onto its new Base roll-up and scoop up more revenue.
Peter Thiel-Backed Block.one Says it Sold Off Silvergate Stake
The startup behind EOS said that it exited its position in the soon-to-shutter "crypto-friendly" bank—at an apparently sizable loss.
FCA, Met Police Continue Bitcoin ATM Crackdown in East London
The UK Financial Conduct Authority continues to target and disrupt illegal Bitcoin ATM businesses, this time it's taking aim at London.
Mt. Gox Creditors Have Until Friday to File Repayment Claims
Former customers can recoup up to 90% of their losses under the rehabilitation proposal.
Framework Ventures Is 'Optimistic That Regulators Are Much More Educated' About Crypto Than in Past
Brandon Potts, a principal at Web3 VC firm Framework Ventures, spoke to Decrypt's Jason Nelson at ETH Denver about his investment focus, his outlook on crypto regulation right now, and why he's optimistic for the industry even amid the bear market and recent regulatory actions.
NFT Collector Gmoney: 'Marketplaces Have Nothing to Trade Without Creators'
Pseudonymous NFT collector Gmoney talks to Decrypt's Dan Roberts at NFT Paris about his Web3 luxury brand 9dcc, big brands getting into NFTs, the debate over creator royalty fees, and what will come next to the space.
Voyager Bankruptcy Judge Has Harsh Words for SEC's Objection to Binance Deal
The securities regulator has until tomorrow morning to come up with a more convincing argument against Voyager’s restructuring plan.
Fireblocks Is Laser-Focused on the Picks and Shovels: Web3 Products Lead at ETH Denver
Omer Amsel, head of Web3 products at crypto custody and settlement provider Fireblocks, told Decrypt's Jason Nelson at ETH Denver about why crypto market cycles are best for building, how Fireblocks is focused on providing "picks and shovels," and why the company still believes in the long-term promise of Web3.
Binance Team Fretted Over Binance.US Ties, Tried to Recruit Gary Gensler: WSJ
A Telegram group chat reveals the Binance team's skittishness over regulatory scrutiny.
Coinbase Protocols Lead Talks Plans for Base and NFT Marketplace
Coinbase protocols lead Jesse Pollak sat down with Decrypt's Jason Nelson at ETH Denver 2023 to talk about the company's innovation strategy and its plans to keep "iterating quickly" on products like Coinbase NFT and its newly announced Layer-2 blockchain Base and its efforts to become an "on-chain-native company."
This Week in Coins: First Fortnight of Straight Losses in 2023, Bitcoin and Ethereum Dip
The IMF’s managing director this week told a journalist that banning crypto “should not be taken off the table.”
Sorare NFTs Should Be Regulated Under 'New Category', CEO Says
Regulation may be headed for the NFT market, but Sorare CEO Nicolas Julia says new frameworks are needed.
Bitcoin NFT Market to Hit $4.5 Billion by 2025: Galaxy
A report released Friday by analysts suggests that Bitcoin Ordinals’ wild run of the last month is only just the beginning.