The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.
Month: March 2023
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The investigations are separate from one another but will look into Silicon Valley Bank’s collapse and stocks sold by executives before its fall.
Signature Bank investigated for money laundering prior to demise: Report
The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.
Crypto bank Anchorage Digital cuts 20% of staff, citing regulatory uncertainty
It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the United States banking sector.
US officials appeal protections for Voyager execs in Binance.US sale
The DOJ disagrees with the legal protections given to those involved in the Voyager sale to Binance.US, saying the court “improperly” exceeded its authority.
US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’
Bitcoin price is up nearly 20% in days as Wall Street opens to multiple bank stocks halted due to extreme losses.
Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets.
Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin lines up a fresh charge at multimonth resistance, but BTC price action already faces calls for a comedown triggered by CPI.
Bitcoin price sees new 2023 high as CPI sends BTC price above $26K
Bitcoin sees a major new lift-off thanks to CPI numbers conforming to expectations — reducing the chances of the Fed tightening financial conditions.
Bitcoin derivatives suggest $26K resistance level won’t hold for long
BTC margin and options markets show no signs of discomfort or overconfidence despite 28% gains in two days.