US Excongressman Believes Regulators Let Banks Know Cryptocurrencies Are Toxic
Signature Bank was reportedly able to resolve their outflow of deposits by the time the New York state regulator had chosen to close the financial institution.
Ark Invest Spends $7M to Buy Shares of Jack Dorsey’s Block
Ark Invest funds have acquired 92,165 shares of Jack Dorsey’s Block for a reported $6.4 million, with ARK Innovation ETF (ARKK) buying the most (77,991 shares).
Meta Halts NFT Initiative
Meta is winding down its support of non-fungible tokens (NFTs) on its social media platforms, Facebook and Instagram.
Coinbase Resumes USDC Exchange for US dollars
Coinbase has resumed operations for the exchange of USDC stablecoin for the US dollar.
OKCoin Suspends USD Deposits
OKCoin has announced it has temporarily stopped accepting dollar deposits due to banking sector issues.
Binance Transfers $1B from BUSD to Bitcoin and Ether
Binance has announced its intention to convert $1 billion of its Industry Recovery Initiative fund assets into Bitcoin, Ether and BNB.
Euler Finance Is Targeted By Hackers
Euler Finance faced a flash loan attack on March 13 that resulted in the theft of millions of dollars worth of DAI, USD Coin, staked Ether (StETH), and wrapped Bitcoin (WBTC).
