Crypto’s second-largest stablecoin rebounded toward its intended $1 dollar peg as issuer Circle Internet Financial Ltd. pledged to cover any shortfall in $3.3 billion of reverses held at collapsed Silicon Valley Bank.
Customers are continuing to redeem Circle’s USD Coin stablecoin at a greater pace than buying it even after the firm recouped deposits that were caught up in the collapse of Silicon Valley Bank.
The conversation around the role of central banks in the economy has taken on a new dimension among US presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital US dollar as they make an early push to drum up momentum for their campaigns.
Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and final offer” for digital-asset lender Genesis Global Holdco’s bankruptcy restructuring.
Shoppers now have to pay 5 Singapore cents a bag at major grocery stores, or bring their own reusable tote.
BYD Co., China’s best-selling car brand, unveiled a new electric sport utility vehicle — the Denza N7 — at a glitzy event in a former factory in Beijing on Monday night, stepping up its push into the premium sector.
Sofar Sounds rides out the industry’s tough times with shows for fledgling acts.
Deals have dried up, making investors reluctant to commit fresh capital.
DirecTV customers lost access to 159 local stations operated by Nexstar Media Group Inc. after the two sides failed to reached a new distribution agreement.
The shares of Chinese metals producers surged after Beijing imposed export controls on gallium and germanium, which are used in chipmaking, communications and defense.
Monster Beverage Corp. is moving forward with its $362 million acquisition of its bankrupt rival Bang Energy after a federal antitrust regulator ended its review that could have quashed the proposed deal.
Gemini CEO Cameron Winklevoss has published an open letter aimed at DCG and Barry Silbert, urging them to stop the delays and stump up the $1.2 billion owed to Gemini's 232,000 Earn customers.
Kyle Davies, the co-founder of the bankrupt hedge fund Three Arrow Capital, says that he and Zhu Su will donate earnings from their newest crypto exchange OPNX to 3AC creditors.
Bitcoin investment product inflows reached $310 million over the last two weeks, according to CoinShares, who suggest that Bitcoin products have been a “primary focus” for institutional investors.
"Your family’s last name and the size of your bank account are not a measure of merit."
Though the SEC has not reached a decision regarding the approval of a spot Bitcoin ETF, applicants seem to be trying to address any concerns as quickly as possible.
With the growing clamor around the duo of MAANG and MANATAM stocks, here is the current state of affairs in these top firms.
Bittrex files a motion to dismiss its securities case with the SEC, claiming the SEC didn't properly document its wrongdoings.
There's a stark mismatch in how C-suite execs believe their employees are faring, and the reality.
Explore our review of NameSnack, a creative business name generator. Discover its top alternatives to help name your business.
Mastodon runs in a decentralized manner with its servers dispersed through a network of thousands of computers, calling itself the “user-driven” social platform.
The United States Stock Market is showcasing a very impressive rally at this time as different sectors begin to pick up.
Users waiting for the Vision Pro headset next year may see only around 150,000 available as Apple is reportedly scaling down production.
Between November 2022 and now, Netflix recorded almost 5m global monthly active users of its ad-supported tier.
Over the last weekend on July 1, Twitter introduced a temporary limit on the number of tweets that accounts can see each day.
dappGambl suspected that the relationship between Twitter accounts and their fake followers is dependent on the popularity of the tokens.
This guide explores the best cryptos under $1 to buy right now to take advantage of in the current bear market.
Moving forward, all HDFC Ltd. workers have now become HDFC Bank employees as a result of the merger that took effect on July 1.
Crypto investors in the U.S. have been forced into “toxic” crypto products and offshore exchanges due to the SEC not approving a spot Bitcoin ETF, according to Gemini co-founder Cameron Winklevoss.
Twitter executive chairman Elon Musk has imposed a “rate limit” restriction, as users report outages over the last 24 to 48 hours.
Account holders at now-bankrupt Voyager Digital Ltd. shouldn’t expect to get all their crypto back as the company reorganizes.
At Football at AlphaVerse, football fans from across the globe come together to interact and engage in exciting games.
Crypto has given many Africans a “lifeline” to transact more freely without government influence, according to three African-based crypto CEOs.
Coinbase’s new layer 2, Base, is getting closer mainnet launch following six long months of security audits, the Base team said they’ve drawn confidence from finding no critical bugs in Optimism’s tech stack.
The Federal Reserve’s Bank Term Funding Program (BTFP) has reached $103 billion as embattled banks continue to rely on emergency assistance.
Blockchain Australia CEO Simon Callaghan stated at Australian Blockchain Week that the body will collaborate with @ausgov and local banks to clamp down on cryptocurrency scams.
Bennet was previously involved in a bipartisan bill to establish an official Office of Global Competition Analysis regarding AI development in the U.S. and worldwide.
The letter warned lawmakers that the current proposed rules would cause heavy regulation of generative AI tools, making it difficult for companies developing the technology to thrive in the region.
zkDay Paris expects to gather at least 25 community partners and speakers from firms and projects like Galaxy Digital, Figment Capital, Hyper Oracle, Kontos and others.
The Securities and Exchange Commission labeled investment managers' recent applications for a spot BTC ETF inadequate.
The firm has suspended user withdrawals since June 14.
While Web3 startups flourishing in the Middle East and Asia, North American crypto entrepreneurs are facing unprecedented challenges.
The numbers represent a sharp decline over the $1.91 billion lost in H1 2022.
June was a tough month for Binance, as it faced stress tests worldwide after the U.S. SEC filed a lawsuit against the crypto exchange and its leadership.
On June 30, fintech firm GSR II Meteora Acquisition Corporation closed on a special purpose acquisition company deal allowing Bitcoin Depot to go public in July.
The bankruptcy court has approved Celsius Network’s plan to convert altcoins into Bitcoin and Ethereum, allowing funds to be distributed to creditors.
The Japanese business behemoth Sony is set to invest in Web3, NFT, and metaverse firms via an incubator program. Find out more!
