UBS Group Acquires Credit Suisse for $3.25B: Crypto Market Registers Strong Rally
That takeover was announced on Sunday evening that UBS will pay $ 3 billion Swiss francs (£2.6bn) to acquire Credit...
Finance
Dogecoin’s Market Cap Goes Beyond Credit Suisse: A Strong Indicator of Cryptocurrency Acceptance
The market capitalization of Credit Suisse, a large Swiss multinational investment bank and financial services provider, has been surpassed by...
Coinbase and Standard Chartered Make History with Free Transfers for Crypto Investors
Coinbase's partnership with Standard Chartered will allow users to make and receive real-time payments and also allow the exchange to...
Stablecoins under the Microscope: Why Depegging Can Happen and How to Navigate It
Stablecoins are designed to maintain a stable value by depegging themselves to a fiat currency or a commodity such as...
Crypto Clients Left in the Lurch as Signature Bank Falls Victim to Regulatory Pressure
New York-based Signature Bank was shut down on Sunday by state regulators, the Federal Reserve announced. According to the New...
Another Crypto-Linked Bank Bites the Dust: SVB’s Failure Triggers FUD
SVB was shut down by California's financial watchdog on March 10, marking the first FDIC-insured bank to fail in 2023....
Silvergate’s Filing to SEC Delayed, Prompting 30% Stock Price Drop
Silvergate Capital, a digital currency-friendly bank, saw its stock lose value by 31% following the delay of its 10-K annual...
Cryptocurrencies- What’s the Big Whoop?
Cryptocurrencies are digital assets that use cryptography to secure transactions and to control the creation of new units. The first...
Visa Will Start Settling Transactions with USDC Stablecoin: Report
Visa announced the use of USDC, a stablecoin backed by the US dollar, to settle a transaction with the network over...
Silvergate Halts Series Dividends in Preservation of Balance Sheet
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. Silvergate is taking decisive action...
