Balaji Srinivasan, the former CTO of Coinbase and a former general partner at Andreessen Horowitz, has agreed to a rather large bet that bitcoin will push its way above the $1 million price tag in 90 days. $1 Million Bet Placed On BTC’s Price Performance Balaji Srinivasan is placing a […]
Charlie Munger – the righthand man of Warren Buffett (CEO of real estate giant Berkshire Hathaway) – has never been a bitcoin fan, and after his latest interview, it’s likely he never will be. Charlie Munger Makes His Hate of Crypto Clear During a recent discussion, Munger said of bitcoin […]
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SBNY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and […]
Representatives from the Federal Deposit Insurance Corporation and Federal Reserve will be testifying before the United States House Financial Services Commission in a newly announced hearing investigating the collapse of two major banks. In a March 17 notice, Representatives Maxine Waters and Patrick McHenry — the ranking member and chair […]
Cryptocurrency exchange Binance announced on March 17 that it has replaced the Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos’ recent move to stop minting new BUSD, which has led to the asset’s market capitalization […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The DeFi ecosystem was once again an exploiter’s paradise this past week as lending protocol Euler Finance fell victim to a flash loan attack […]
Cryptocurrency exchange Coinbase is reportedly planning to set up a crypto trading platform outside the United States, where it is currently headquartered. According to a March 17 Bloomberg report, Coinbase discussed setting up the non-U.S. platform with some of its institutional clients. The reported move came amid many U.S. lawmakers […]
As the cryptocurrency industry continues to grow and evolve, so do the potential risks and vulnerabilities. In order to stay ahead of the curve, many crypto firms are taking proactive steps to avoid exploits on their platforms. From implementing robust security measures to conducting regular audits, these firms are committed […]
The price of Ripple (XRP) has been falling since February 24. The cryptocurrency's price has been fluctuating marginally between $0.36 and $0.40. Long-term forecast for Ripple price: bearish The current price of the altcoin, which is below the moving average lines, indicates a probable downtrend. Today, XRP is trading at […]
TripleC, a GameFi incubation and distribution platform, has recently received backing from KuCoinLabs to expand its gaming ecosystem. GameFi is a rapidly growing market that uses blockchain technology to allow players to earn cryptocurrency and generate income through various in-game activities. Investors see GameFi projects as good investments for the […]
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