FTX identify over $3B transfer to SBF, others

FTX management said Sam Bankman-Fried (SBF) and other top executives of the bankrupt firm received $3.2 billion in payments and loans — mainly from its sister company, Alameda Research. According to a... Read more »

Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood

Amid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm Ark Invest, said cryptocurrencies acted as safe haven amid the ongoing banking crisis... Read more »

Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

Bitcoin (BTC) kept bears sweating near $25,000 on March 15 as encouraging macroeconomic data combined with concerns over banking crisis contagion. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PPI offers “great signs”... Read more »

DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering

The U.S. Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15. ChipMixer handled $3 billion of illicit crypto The DOJ said... Read more »

Hall of Flame – Cointelegraph Magazine

Lark Davis, a self-described “cheeky” and “sarcastic” personality, has been actively involved in the world of cryptocurrency since 2017. With his bold price forecasts, educational content and witty memes, the popular influencer... Read more »

Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown

Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14. Anchorage lays off 20% of staff Bloomberg reported that, based on... Read more »

US banking system outlook downgraded to ‘negative’ following recent bank failures

Credit rating agency Moody’s has recently downgraded its outlook on the entire United States banking system from “stable” to “negative.” The move comes in light of the recent failures of Silicon Valley... Read more »

SEC, DOJ investigating Silicon Valley Bank: WSJ

Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street Journal on March 14. SEC, DOJ reportedly investigating SVB... Read more »

NatWest bank puts $6K monthly limit to crypto exchange payments

NatWest, a retail and commercial bank in the United Kingdom, is taking measures to protect customers from potential crypto losses amid Bitcoin (BTC) hitting multi-month highs. On March 14, NatWest introduced major... Read more »

Here are the crypto firms denied exposure to troubled US banks

Amid the ongoing United States banking crisis, a wide number of major cryptocurrency firms have denied exposure to dissolved U.S. banks like Silicon Valley Bank (SVB). As potential implications of the SVB... Read more »